XPeng stock has been under pressure over the past few months as investors worry about the slowing delivery rate and loss of market share. However, the company’s overall performance looks positive. Its deliveries increased by nearly 2x in August over the same month last year, which is a sign of increasing demand. Moreover, XPeng is launching its new G9 SUV in September, which has received strong pre-orders. This should help the company bounce back from its slump in delivery numbers. However, it’s important to note that the Chinese economy could falter between now and the end of the year, which could result in lower sales.
As far as Xpeng Inc’s stock valuation goes, there are many factors to consider. Most investors use the price-to-earnings ratio, which focuses on the company’s earnings. This figure is used to determine whether the company’s stock is worth buying or selling. A number of other factors need to be considered, including the company’s assets and liabilities.
In addition to earnings estimates, Zacks Rank considers how recent price movements may affect the company’s stock price. Its system provides a straightforward rating system ranging from #1 (Strong Buy) to #4 (Strong Sell). Since 1988, the Zacks Rank has consistently produced positive returns for its investors. Since the system’s launch, #1 stocks have generated an average return of +25% per year.