JPMorgan Cuts XPeng Price Target to HK$108
- Rating
- Overweight
- Target
- HK$108
- from HK$118 (−8%)

What the analyst said
JPMorgan analyst Nick Lai lowered the price target on XPeng (H-Shares) (9868:HK) (NYSE: XPEV) to HK$108 (from HK$118) while maintaining an Overweight rating.
Disclaimer
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.
Track record
Firm track recordJP Morgan: 64% of its 28 targets at least a year old were reached within 12 months (#22 of 26 firms). Accuracy ranking →
JP Morgan on XPeng
JP Morgan price targets on XPeng
5 calls from February 9, 2026 to September 30, 2026. The target went from HK$135 to HK$45 (−67%). The rating moved from Buy to Hold.
HK$50HK$100HK$135HK$118This noteHK$108HK$94HK$45
February 2026Today
JP Morgan target
- September 30, 2026Downgraded to Hold, target cut from HK$94 (−52%)HoldHK$45
- August 26, 2026Target cut from HK$108 (−13%)BuyHK$94
- July 14, 2026 This noteTarget cut from HK$118 (−8%)BuyHK$108
- May 29, 2026Target cut from HK$135 (−13%)BuyHK$118
- February 9, 2026Earliest call shownBuyHK$135



