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XPeng (NYSE:XPEV) shares were on track their to snap their six-day losing streak on Thursday, up 2.9% at $8.57 in afternoon trading.
The Chinese EV maker has lost over 27% in the last 12-months, compared to a nearly 19% gain of the broader S&P 500 Index. Short interest on XPEV stands at 9.10% of the total float.
The company reported deliveries of 8,250 Smart EVs in January, an increase of 58% year-over-year.
Looking at Seeking Alpha’s Quant Ratings, XPeng has a Strong Sell rating with a score of 1.39 out of 5. The company received a B+ for growth, but only managed an F for both profitability and momentum.
Turning to the Wall Street community, 10 out of 26 analysts rate the stock as a Strong Buy, five rate it as a Buy, eight rate it as a Hold, one rates it as a Sell, and two rate it as a Strong Sell.
Seeking Alpha analysts at large consider the stock a Hold. According to SA analyst Sandeep G. Rao, “At best, XPeng promises long-term growth in a buyer’s market of both equities and EVs.”
January was not a favorable month for the company, with 19 sessions in the red and two sessions in the green.