Sentiment: Negative
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XPeng (XPEV) Stock Up 4% as Wall Street Looks Past the Revenue Drop
By Trader Edge at 2026-05-28 10:03
Sentiment: Negative
TLDR XPeng reported a net loss of 1.78 billion yuan ($262.6 million) in Q1 2026, wider than estimates of 811.9 million yuan. Revenue fell 18% to 13.03 billion yuan as deliveries dropped by roughly a third year over year. Gross margin improved to 20.6%, up from 15.6% a year ago, a key bright spot for [...] The post XPeng (XPEV) Stock Up 4% as Wall Street Looks Past the Revenue Drop appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central