Tag: XPEV

  • This is Why XPEV Could Push to Higher Highs

    This is Why XPEV Could Push to Higher Highs

    Keep an eye on XPeng (XPEV). After pulling back to $14, the stock is starting to pivot higher.  All after Bank of America upgraded the stock to a buy, with a $22 price target. The firm likes the $700 million from Volkswagen, which could lead XPEV to produce profits and positive free cash flow in…

  • Here’s Why XPEV Just Turned Lower

    Here’s Why XPEV Just Turned Lower

    Xpeng (XPEV) is on the move. All after Volkswagen announced it will invest $ 700 million in the company to develop EVs together, we noted on July 26. At the time, the stock traded at around $18 a share, and would race to a high of $23.62. Now, after pricing in the Volkswagen news, it’s…

  • XPEV Hits New 52-week High Thanks to Volkswagen

    XPEV Hits New 52-week High Thanks to Volkswagen

    Xpeng (XPEV) is on the move. All after Volkswagen announced it will invest $ 700 million in the company to develop EVs together. “The Volkswagen Group and XPeng each bring in highly complementary strengths into this long-term strategic partnership,” said XPeng CEO Xianpeng He. “Since the founding of XPeng, we have been developing full-stack technologies…

  • Why Shares of XPeng are Starting to Recover

    Why Shares of XPeng are Starting to Recover

    Investors may want to keep an eye on XPeng (XPEV). After plummeting from about $34 to $12.86, the electric vehicle stock is starting to show signs of life again.  It’s also oversold on RSI, MACD, and Williams’ %R.  Helping, co-founder and CEO Xiaopeng bought 2.2 million ADRs, on the open market through a holding company.…