XPeng (NYSE: XPEV) received a major vote of confidence from Wall Street this week after JPMorgan analyst Nick Lai doubled the firm’s price target to $50, up from $25, while maintaining an Overweight rating.
The new target given on Friday implies nearly 90% upside from current levels at marker open of $26.38 and arrives just days before the company releases its Q3 2025 earnings on November 17.
XPeng shares are up 123% year-to-date, supported by rising deliveries, expanding revenue, and new vehicle launches that have kept the brand competitive in China’s crowded EV market.
Morgan Stanley had already taken an upbeat stance earlier in the month. On November 11, 2025, the bank reaffirmed a $34 price target with a Buy rating, signaling 28.9% upside over the next year.
Elsewhere, Bernstein SocGen Group on November 6, 2025 maintained a Hold rating and set a $21 price target, implying a 20.39% downside from current levels.
XPeng is becoming a leader in innovation
Innovation has played a major role in XPeng’s rally. The company held its 2025 AI Day on November 5, unveiling updates to its autonomous driving stack, advancements in “Physical AI,” and early plans across robotaxis, humanoid robots, and eVTOL aircraft.
Momentum accelerated on November 11, when XPeng showcased progress on its IRON humanoid robot and enhancements to its robotaxi ecosystem, pushing the stock to a three-year high.
Although many of these projects remain in early development, they have strengthened XPeng’s narrative as a technology-driven automaker with ambitions extending far beyond traditional EVs. The upcoming earnings report will provide clarity on whether operational performance can keep pace with the company’s rapid innovation cycle.
Wall Street forecasts XPeng earnings
Analysts expect XPeng to post a $0.05 per-share loss for the quarter, a significant improvement from the $0.27 loss a year earlier. Revenue is projected to reach $2.86 billion, an increase of 103% year over year. It’s also worth highlighting that the electric vehicle (EV) company has also beaten EPS estimates for seven consecutive quarters, reinforcing expectations for another strong performance.
Investors will now look to the Q3 earnings call for updated delivery guidance and more detail on how XPeng plans to commercialize its emerging AI and robotics platforms.
