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Considering that the first quarter of the upcoming year typically represents a slow period for auto sales, Citi has slightly reduced the target price for XPeng's U.S.-listed shares by 3.4%, bringing it down to $28.4. Similarly, the target price for XPeng's Hong Kong-listed shares has been adjusted downward by 3.7%, now standing at HK$110.6. Despite these adjustments, Citi remains upbeat about XPeng's potential for diversified growth in the next year. Looking ahead to 2026, XPeng has outlined ambitious plans, including the introduction of seven new models and the commencement of trial operations for its Robotaxi service. Furthermore, the company aims to achieve mass production of humanoid robots by the end of 2026, with projections indicating that global sales could surpass 1 million units by 2030.
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