JPMorgan Downgrades XPeng to Neutral, $11.50 Price Target

Analyst: Nick Lai 1 min read Reproduced verbatim
Rating
Neutral
from Overweight
Target
$11.50
from $24 (−52%)
Upside
+23%
XPEV at $9.37 today

JP Morgan’s latest target on XPeng is now $10 (Oct 26, 2026); the median of 7 firms is $16. JP Morgan has reached 64% of its year-old targets (28 scored).

JP Morgan and XPeng logos

What the analyst said

JPMorgan analyst Nick Lai downgraded XPeng (NYSE: XPEV) from Overweight to Neutral with a price target of $11.50.

Disclaimer
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.

Where the price stands

XPEV trades at $9.37. The 7 analysts who set a target in the last 3 months range from $10 to $22, with a median of $16. This $11.50 target is 28% below the median.

Since the note XPEV has moved −6% (from $9.95). 12-month window: day 46 of 365, closes on September 29, 2027.

Track record

This callOpen: XPEV has not reached $11.50 yet. This 12-month target is scored on September 29, 2027.

Firm track recordJP Morgan: 64% of its 28 targets at least a year old were reached within 12 months (#23 of 28 firms). Accuracy ranking →

JP Morgan on XPeng

JP Morgan price targets on XPeng

5 calls from February 9, 2026 to October 26, 2026. The target went from $34 to $10 (−71%). The rating moved from Buy to Hold.

JP Morgan targetXPEV share price
  1. October 26, 2026Target cut from $11.50 (−13%)Hold$10
  2. September 29, 2026 This noteDowngraded to Hold, target cut from $24 (−52%)Hold$11.50
  3. August 25, 2026Target cut from $30 (−20%)Buy$24
  4. May 29, 2026Target cut from $34 (−12%)Buy$30
  5. February 9, 2026Earliest call shownBuy$34
Share Reddit StockTwits
Share on
Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.