Morgan Stanley Raises XPeng’s Price Target to $34
- Rating
- Overweight
- Unchanged
- Target
- $34
- from $30 (+13%)
- Upside
- +232%
- XPEV at $10.24 today
What the analyst said
Morgan Stanley analyst Tim Hsiao raised on November 11, 2025, the price target on XPeng to $34 (from $30), while maintaining a ‘Overweight’ rating on the stock.
“We raise our SOTP-based bull case valuations to US$54/HK$211 to reflect the growth potential and re-rating opportunities derived from newly unveiled humanoids and robotaxis.
We anticipate a strong improvement in sentiment from mid-2026 when XPeng starts to mass produce its physical AI initiatives.”
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Where the price stands
XPEV trades at $10.24. The 7 analysts who set a target in the last 3 months range from $10 to $22, with a median of $16. This $34 target is 113% above the median, the highest on the Street.
Since the note XPEV has moved −61% (from $26.04). 12-month window: day 360 of 365, closes on November 11, 2026.
Track record
This callOpen: XPEV has not reached $34 yet. This 12-month target is scored on November 11, 2026.
Firm track recordMorgan Stanley: 82% of its 50 targets at least a year old were reached within 12 months (#8 of 26 firms). Accuracy ranking →
Morgan Stanley on XPeng
Morgan Stanley price targets on XPeng
4 calls from September 26, 2025 to March 20, 2026. The target went from $108 to $34 (−69%). The rating stayed Buy.
- March 20, 2026Kept the $34 targetBuy$34
- December 29, 2025Kept the $34 targetBuy$34
- November 11, 2025 This noteTarget cut from $108 (−69%)Buy$34
- September 26, 2025Earliest call shownBuy$108
