Analysts Bullish On Xpeng Stock Amid Strong Earnings Is Xpev Ready To Break Out
The most recent quarterly results were reported on March 28th and the company beat estimates on both revenue and earnings per share (EPS). Revenue went up an amazing 200% year-over-year (YoY) hitting $1.3 billion. Notably, the company was not profitable for the quarter but that was also in line with expectations. The news of the company’s performance in the last quarter reverberated nicely in the markets and the stock price grew, however, it is still down over the last year....