Citi Maintains a Buy Rating on XPeng (XPEV) Stock

XPeng Inc. (NYSE:XPEV) is one of the Best Performing EV Stocks So Far in 2025. Analyst Jeff Chung of Citi maintained a “Buy” rating on the company’s stock, while retaining the price objective of $29.00. The analyst’s rating is backed by several compelling factors demonstrating the company’s strategic positioning and growth potential. Furthermore, the recent launch of the G7, which is a mid-size BEV-SUV, demonstrated promising initial demand.

The analyst also highlighted that G7’s advanced features place it as a technologically advanced option in the broader market. The partnership with NVIDIA, along with the planned adoption of high-performance chips for future models, demonstrates a commitment to innovation.  Furthermore, XPeng Inc. (NYSE:XPEV) has officially opened its order books for the fully-renewed Ultra Smart Coupe SUV G6 and Ultra Smart Premium SUV G9 in Europe.

In June 2025, the company delivered 34,611 Smart EVs, demonstrating a YoY rise of 224% and marking the 8^th consecutive month in which deliveries surpassed 30,000 units. In Q2 2025, XPeng Inc. (NYSE:XPEV) delivered 103,181 Smart EVs, setting a new quarterly record. XPeng Inc. (NYSE:XPEV)’s top management believes that its robust product cycle, global expansion, and accelerated adoption of physical AI technologies will drive strong and sustainable growth.

While we acknowledge the potential of XPEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.