What Does the Street Think About XPeng Inc. (XPEV)?

XPeng Inc. (NYSE:XPEV) is one of the best transportation stocks to buy according to Wall Street analysts. On February 8, JPMorgan cut the price target on XPeng Inc. (NYSE:XPEV) to $34 from $50 while maintaining an Overweight rating on the shares. The firm told investors that it sees the auto industry in China underperforming in 2026, as underlying passenger vehicle growth slips to negative territory.

Why XPeng Inc. (XPEV) Went Down On Tuesday

In a separate development, XPeng Inc. (NYSE:XPEV) announced its vehicle delivery results for January 2026 on February 1, reporting that it delivered a total of 20,011 vehicles in the month. The deliveries are anticipated to lower life-cycle greenhouse gas emissions by more than 300,000 tons, which translates to the carbon absorption of 4.94 million tree seedlings over 10 years. Management further reported that the XPENG P7+ was simultaneously launched across 36 countries, with its European launch at the 2026 Brussels Motor Show in January.

XPeng Inc. (NYSE:XPEV) further reported that it has expanded its global presence to 60 countries and regions as of December 31, 2025, with its overseas sales network encompassing 380 physical stores, representing a year-over-year growth of more than 150%. In addition, the company’s worldwide sales and service network has grown to a total of over 1,000 outlets.

XPeng Inc. (NYSE:XPEV) is involved in the design, manufacturing, development, and marketing of smart electric vehicles. The company’s offerings are environmentally friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7). It also offers a range of client services, including supercharging service, maintenance service, ride-hailing service, and vehicle leasing service.

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 this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.