Stock Analysis & Ideas

XPeng (NASDAQ:XPEV) Q4 Earnings Preview: What to Expect

Story Highlights

XPeng is scheduled to report its fourth-quarter results on March 17. The company’s performance is likely to have been affected by lower vehicle deliveries and other macro challenges.

XPeng (NYSE:XPEV) is scheduled to report its fourth quarter and Fiscal Year 2022 results on March 17, before the market opens. The Street expects XPeng to post a loss of $0.31 per share in Q4 versus earnings of $0.18 per share reported in the prior-year period. Also, revenue is expected to decline by 39% year-over-year to $813 million.

Supply-chain headwinds and heightened competition during the quarter impacted the company’s Q4 delivery numbers. The electric vehicle maker’s fourth-quarter vehicle delivery report reflects a 46.8% year-over-year fall in total deliveries to 22,204 vehicles. This is expected to have impacted XPeng’s top-line growth.

Furthermore, strict lockdown measures in China due to the spread of COVID-19 might have impacted the company’s production capacity in the quarter. In addition, expenses might have remained elevated in the to-be-reported quarter due to promotional activities.

For the upcoming fourth quarter, the company expects to report total revenue in the range of RMB4.8 billion to RMB5.1 billion, representing a year-over-year drop of around 40.4% to 43.9%.

Is XPEV Stock a Buy? 

Overall, XPeng has a Hold consensus rating based on two Buys, three Holds, and two Sells. The average XPEV stock price target of $10.55 implies 30.3% upside potential. The stock has tumbled nearly 20.4% year-to-date.

Ending Thoughts

Soft vehicle delivery numbers for the first two months of 2023 continue to raise concerns about XPeng’s top-line growth. Nevertheless, the company is expected to launch three new EVs this year, which could help XPeng accelerate delivery growth.


Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More