Citi Maintains a Buy Rating on XPeng (XPEV) Stock

XPeng Inc. (NYSE:XPEV) is one of the Best Performing EV Stocks So Far in 2025. Analyst Jeff Chung of Citi maintained a “Buy” rating on the company’s stock, while retaining the price objective of $29.00. The analyst’s rating is backed by several compelling factors demonstrating the company’s strategic positioning and growth potential. Furthermore, the recent launch of the G7, which is a mid-size BEV-SUV, demonstrated promising initial demand.

Citi Maintained a Buy Rating on XPeng (XPEV) Stock

A close-up of a luxury electric sports sedan, its sleek body reflecting the energy of progress.

The analyst also highlighted that G7’s advanced features place it as a technologically advanced option in the broader market. The partnership with NVIDIA, along with the planned adoption of high-performance chips for future models, demonstrates a commitment to innovation.  Furthermore, XPeng Inc. has officially opened its order books for the fully-renewed Ultra Smart Coupe SUV G6 and Ultra Smart Premium SUV G9 in Europe.

In June 2025, the company delivered 34,611 Smart EVs, demonstrating a YoY rise of 224% and marking the 8th consecutive month in which deliveries surpassed 30,000 units. In Q2 2025, XPeng Inc. delivered 103,181 Smart EVs, setting a new quarterly record. XPeng Inc.’s top management believes that its robust product cycle, global expansion, and accelerated adoption of physical AI technologies will drive strong and sustainable growth.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

This article is originally published at Insider Monkey.