5 Fastest Growing Asian Stocks to Buy

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1. XPeng Inc. (NYSE:XPEV)

On March 22, 2026, Bernstein raised the price target on XPeng Inc. (NYSE:XPEV) to $22 from $21 and maintained a Market Perform rating, noting the company reported its first profit in Q4 and guided to a recovery in March. Bernstein said the company’s ambition to become a “global leader in physical AI agents” may not resonate with investors while its core EV business remains under pressure.

On the same day, Citi lowered its price target on XPeng Inc. (NYSE:XPEV) to $25.60 from $27.60 and maintained a Buy rating following the Q4 report, citing expectations for gross margin improvement to 20% in Q1 driven by product mix and cost control, along with new model launches in 2026 to support volume recovery.

On March 20, 2026, XPeng Inc. (NYSE:XPEV) reported Q4 EPS of 4c compared to (10c) a year ago, with revenue of $3.18B versus $2.21B last year, and deliveries of 116,249 vehicles. Management said gross margin reached 21.3% with net profit of RMB0.38B, highlighting progress toward profitability, while noting cash of RMB47.66B to support investment in AI. The company expects Q1 deliveries of 61,000 to 66,000 vehicles and reported full-year 2025 deliveries of 429,445, up 125.9% year-over-year, with CEO Xiaopeng He pointing to continued focus on AI-driven vehicle development and global expansion.

XPeng Inc. (NYSE:XPEV) develops and sells smart electric vehicles in China.

While we acknowledge the potential of XPEV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than XPEV and that has 100x upside potential, check out our report about the cheapest AI stock.

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