11:50 AM EDT, 03/18/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
Xpeng ( XPEV ) reported Q4 2024 revenues of CNY16B (+23% Y/Y), with vehicle sales reaching CNY15B (+20%), while gross margin expanded to 14% from 6% in Q4 2023. The company's net loss narrowed slightly to CNY1.33B from CNY1.35B, with vehicle margin improving 6%-points to 10%. Management provided strong Q1 2025 guidance, projecting vehicle deliveries of 91,000-93,000 units (>300% Y/Y) and revenues of CNY15-16B, reflecting continued momentum in demand. The company maintains a robust liquidity position, with CNY42B in cash and equivalents as of December 2024, which we believe provides adequate resources for growth initiatives and R&D investments. We expect Xpeng's ( XPEV ) operational improvements and expanding margins to continue, supported by strong demand and efficient cost management.