XPeng Stock Dips Amid Denial of Export Allegations, Maintains Strong Long-Term Outlook

XPeng Inc. (NYSE: XPEV) shares fell 6.07% to $18.03 Thursday, dragged down by broader market weakness and regulatory scrutiny over China's auto export practices. The decline comes despite a 127.14% one-year return and 51.94% year-to-date performance that continues to outpace the Hang Seng Index.

Analysts remain bullish on the EV maker's prospects, with a consensus $24.34 price target suggesting 34% upside potential. GuruFocus' proprietary valuation model paints an even rosier picture at $31.00 - a 70.7% premium to current levels. The company maintains an 'Outperform' rating (2.1/5 average) from brokerage firms.

Market attention focused on XPeng's denial of involvement in alleged 'zero-mileage' used car export schemes. New Chinese export regulations and upcoming earnings (-$0.28 EPS forecast on $11.44B revenue) may drive near-term volatility, though institutional confidence appears intact with minimal analyst revisions over the past month.