HSI1 25,830.65 -99.38 211.43B
HSCEI1 9,151.04 -23.80 83.95B
Back    Zoom +    Zoom - Block Traded
BofAS Elevates XPENG-W's TP to HKD109; 3Q Loss Better Than Expected
2025-11-19 10:39:06
According to a report from BofA Securities, XPENG-W (09868.HK)'s 3Q25 revenue grew by 102% YoY or 12% QoQ to RMB20 billion, broadly in line with the broker's expectations.

XPENG-W's gross profit margin also increased by 4.8 ppts YoY or 2.8 ppts QoQ to 20.1%, above BofA Securities' expectation of 17.7%. Its non-GAAP net loss during the period came in at RMB152 million, better than the broker's expected net loss of RMB398 million.

BofA Securities raised its target price for XPENG-W from HKD105 to HKD109 and, optimistic about its strong product lineup in 2026, reiterated the Buy rating.
~



AAStocks Financial News
Web Site: www.aastocks.com