01:35 PM EDT, 03/24/2025 (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:

We maintain our USD8 target (2x 2025 P/B) and Strong Sell rating on XPeng ( XPEV ). The company reported 2024 revenue growth of 33.2% to CNY40.87B, with gross margin improving significantly to 14.3% (vs. 1.5% in 2023) and vehicle margin turning positive at 8.3% (from -1.6%). Full-year net loss narrowed to CNY5.79B from CNY10.38B in 2023, with Q4 2024 showing particular strength -- deliveries surged 52.1% Y/Y to 91,507 vehicles, driving quarterly revenue up 23.4% Y/Y to CNY16.11B. However, we forecast 2025 LPS of -CNY2.79 (down from -CNY4.80), while improving to EPS of CNY1.06 in 2026, as ongoing industry price wars and substantial R&D investments (CNY6.46B in 2024, +22.4% Y/Y) continue pressuring margins. While XPeng's ( XPEV ) liquidity position remains adequate (CNY41.96B cash), we see risks from intensifying competition and the need for continued heavy investment.