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<Research>UBS Keeps Neutral on XPeng (XPEV.US); 3Q Performance in Line
Recommend 4 Positive 9 Negative 5 |
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XPENG-W (09868.HK) delivered in-line results for 3Q25, with operating losses/ net losses narrowing by 59%/ 79% YoY to RMB7.51 billion/ RMB3.81 billion, both beating market expectations, according to a report from UBS. Excluding stock-based incentives and fair value losses, XPENG-W managed to trim its quarterly non-GAAP net loss by 61% QoQ to RMB1.52 billion. UBS kept a Neutral rating on XPeng (XPEV.US) and gave it a target price of USD18. AAStocks Financial News |
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