Morgan Stanley raises XPeng's Hong Kong stock target price to 131 Hong Kong dollars, saying robots and other factors bring opportunities for revaluation.

Morgan Stanley has raised its target price for Xiaopeng Motors' Hong Kong shares to 131 Hong Kong dollars to reflect the growth potential and valuation reassessment opportunities brought by the newly launched humanoid robots and autonomous taxis. Morgan Stanley stated that it is expected that from the mid-2026, as Xiaopeng begins mass production of physical AI products, market sentiment will significantly improve. After weighting multiple scenario probabilities, the target price for the US stocks has also been raised to 34 US dollars.