UBS downgrades XPeng shares to Sell, cautions on risks after 50% rally in stock price By Investing.com
XPeng (NYSE:), listed on the New York Stock Exchange with a market capitalization of $11.9 billion, has been part of the rapidly growing EV market in China, which is seeing increasing competition and innovation.
The company has been expanding its product lineup and enhancing technology to capture a larger market share in the EV space.Investors holding XPeng stock are now faced with a new assessment from UBS, which suggests a more cautious approach to the company’s shares.
The firm’s analysis indicates that despite XPeng’s recent successes, there may be potential risks that are not fully reflected in the stock’s current trading price. For comprehensive analysis including valuation metrics, financial health scores, and expert insights,…
