Xpeng stock forecast technical analysis-driven Xpeng stock

Technical analysis-driven Xpeng stock forecast points to a breakout if price holds above $10.20, supported by rising trading volume and bullish crossover signals in the 50-day moving average. The most important thing to take away is that analysts cut their revenue estimates for this year. Analysts also expect revenues to grow faster than the wider market. Often, one downgrade can set off a daisy-chain of cuts, especially if an industry is in decline. So we wouldn't be surprised if the market became a lot more cautious on XPeng after today. Check price target & stock forecast for XPeng here>>>