Wall Street predicts XPeng stock price for next 12 months

Despite the highly competitive industry in 2024 suffering significant drawbacks that made EV producers cut costs, scale back production, and announce layoffs, XPeng (NYSE: XPEV) managed to restructure quickly, and the results are already showing.With the positive news came a reward from the stock market, as XPEV stock surged 5.92% in the latest trading session, with gains of 1.71% extending into the premarket. At the time of writing, XPEV shares were almost $9 each.XPEV stock 24-hour price chart. Source: Go ...