XPeng's US-listed shares down, EV firm expects Q1 revenue to decline

XPeng

20/03/2026 14:49

Updates

** U.S.-listed shares of Chinese EV maker XPeng XPEV.N fall 5.2% to $18.17 in morning trading

** XPEV expects Q1 revenue to be between 12.20 billion yuan and 13.28 billion yuan, which would be a 16.01% to 22.84% decrease from a year earlier

** Reports revenue of 22.25 billion yuan ($3.23 billion) in Q4 vs. analysts' average estimate of 22.13 billion yuan - data compiled by LSEG

** Records a quarterly net profit for the first time in Q4 of 383.2 million yuan, compared with a loss of 1.33 billion yuan a year ago

** As of last close, stock down ~6% this year

($1 = 6.8857 Chinese yuan renminbi)

(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))