Updated Xpeng stock forecast factors in lithium battery price trends, with cost reductions potentially padding margins by 2–3% in late 2024, improving valuation multiples. It’s true—XPeng isn’t cheap right now. Currently trading at a forward sales multiple of 1.54, the stock is well above its 1-year average and pricier than competitors like NIO (0.5) and Li Auto (0.92). However, valuations are subject to change — especially with fast-growing companies. Considering XPeng’s triple-digit growth and improving profit margins, investors might just be willing to pay a higher price. Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Xpeng stock forecast acknowledges geopolitical risk factors but sees support from domestic consumption patterns in China’s tier-one cities where EV penetration is accelerating rapidly.
