XPeng-W (09868.HK/XPEV) Hot Stock Analysis: Better-than-expected Earnings Drive Stock Price Rise and Future Outlook

XPeng-W is a leading intelligent electric vehicle enterprise in China, focusing on providing smart electric vehicles to tech-savvy middle-class consumers. Founded by He Xiaopeng, it is dual-listed on the Hong Kong Stock Exchange and the New York Stock Exchange [1][2]. The company has 15,364 full-time employees and a market capitalization of approximately HK$182.98 billion [0].

In Q3 2025, the company’s total revenue exceeded 20 billion yuan, with narrowed losses, indicating an approaching profit inflection point [0].

On November 11th, XPeng-W surged nearly 18% against the market trend, becoming a focus in the Hong Kong stock market [3].

Multiple investment banks have raised their target prices; among them, Goldman Sachs increased the target price to HK$96, and analysts expect its seasonal performance in the first quarter of next year to outperform peers [0].

In Q3 2025, wholesale sales of new energy passenger vehicles reached 4.024 million units, a year-on-year increase of 24.2%, and the sector as a whole is strengthening [0].

Continuous breakthroughs in autonomous driving technology, with the XNGP system upgrade attracting market attention [0].

Overseas market expansion has become a new growth driver [0].

With improved performance, technological advantages, overseas layout, and industry growth dividends, XPeng is expected to continue to gain market attention [0].