US Tiger Securities Downgrades XPeng to Hold, $20 Price Target
- Rating
- Hold
- from Buy
- Target
- $20
- Upside
- +108%
- XPEV at $9.60 today
What the analyst said
US Tiger Securities analyst Bo Pei downgraded XPeng (NYSE: XPEV) from Buy to Hold with a price target of $20.00.
“We are downgrading XPEV to HOLD and lowering price target to $20. XPeng reported a solid 4Q25, with total revenues reaching RMB22.25bn (+38% y/y) and gross margin expanding to 21.3% (+6.9ppt y/y), supported by continued delivery growth and improved product mix.
Notably, the company achieved its first-ever quarterly net profit of RMB0.38bn, marking an important milestone in validating its path to profitability.
Full-year deliveries grew 126% y/y to 429k units, while services and other revenues continued to scale rapidly (+122% y/y in 4Q), contributing meaningfully to margin expansion.
The company also ended the year with a strong cash position of RMB47.7bn, providing ample flexibility to fund ongoing investments.”
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Where the price stands
XPEV trades at $9.60. The 7 analysts who set a target in the last 3 months range from $10 to $22, with a median of $16. This $20 target is 25% above the median.
Since the note XPEV has moved −50% (from $19.15). 12-month window: day 230 of 365, closes on March 20, 2027.
Track record
This callOpen: XPEV has not reached $20 yet. This 12-month target is scored on March 20, 2027.
Firm track recordToo early to score US Tiger Securities: price targets are 12-month calls and fewer than 5 of its targets are a year old. How we score
US Tiger Securities on XPeng
US Tiger Securities price targets on XPeng
2 calls from March 20, 2026 to August 24, 2026. The target went from $20 to $15 (−25%). The rating stayed Hold.
- August 24, 2026Target cut from $20 (−25%)Hold$15
- March 20, 2026 This noteEarliest call shownHold$20
