XPeng (XPEV) Soars 9% on Unit IPO

We precocious published 10 Stocks With Crazy Gains. XPeng Inc. (NYSE:XPEV) was 1 of the apical performers connected Monday.

XPeng saw its stock prices leap by arsenic overmuch arsenic 8.99 percent astatine intra-day trading connected Monday astatine $21.62 apiece arsenic investors took bosom from quality that its flying car subsidiary is readying to prosecute an archetypal nationalist offering (IPO) to rise funds for its takeoff plans.

At marketplace close, the banal pared gains to extremity the time conscionable up by 8.39 percent astatine $21.70 apiece.

According to a study by South China Morning Post, citing radical privy to the matter, Guangzhou-based Aridge, owned and controlled by XPeng Inc. (NYSE:XPEV) CEO He Xiaopeng and is presently valued astatine $2 billion, confidentially filed an IPO with the Hong Kong Stock Exchange (HKEX) and hired JPMorgan and Morgan Stanley arsenic its underwriters for the sale. The IPO is said to beryllium targeted this year.

Igor Karasi / Shutterstock.com

XPeng Inc. (NYSE:XPEV) and Aridge person yet to contented a remark to corroborate the reports.

Earlier, Aridge announced plans to present its flying cars successful the 2nd fractional of 2026, portion it is underway with the improvement of a 120,000-square metre mill successful Guangzhou, wherever XPeng Inc. (NYSE:XPEV) is besides headquartered.

In caller news, XPeng Inc. (NYSE:XPEV) said that its full deliveries successful 2025 surged by 126 percent to 429,445 units, reflecting beardown request for its vehicles. Of the total, 45,008 were delivered overseas, portion 37,508 units were delivered successful December alone, marking a 2 percent summation year-on-year.

While we admit the imaginable of XPEV arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.