XPEL (NASDAQ:XPEL) Price Target Raised to $65.00

XPEL (NASDAQ:XPELGet Free Report) had its target price upped by stock analysts at B. Riley Financial from $55.00 to $65.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. B. Riley Financial’s price target indicates a potential upside of 35.46% from the stock’s current price.

A number of other research analysts have also weighed in on XPEL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of XPEL in a research note on Wednesday, June 24th. Zacks Research upgraded shares of XPEL from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Freedom Capital lowered XPEL from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, XPEL presently has a consensus rating of “Hold” and a consensus price target of $65.00.

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XPEL Price Performance

Shares of NASDAQ:XPEL traded down $2.30 during trading on Thursday, reaching $47.99. 51,844 shares of the stock were exchanged, compared to its average volume of 253,670. XPEL has a 1-year low of $31.50 and a 1-year high of $55.91. The stock has a fifty day moving average of $45.66 and a two-hundred day moving average of $46.01. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 25.12 and a beta of 1.09.

XPEL (NASDAQ:XPELGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.08. The business had revenue of $143.05 million during the quarter, compared to the consensus estimate of $135.09 million. XPEL had a net margin of 10.82% and a return on equity of 19.14%. XPEL’s revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.59 EPS. Sell-side analysts forecast that XPEL will post 1.92 EPS for the current year.

Hedge Funds Weigh In On XPEL

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pacific Excel Wealth Advisors Inc. bought a new stake in shares of XPEL in the second quarter valued at approximately $4,057,000. Lombard Odier Asset Management Europe Ltd grew its stake in XPEL by 42.5% in the 1st quarter. Lombard Odier Asset Management Europe Ltd now owns 51,151 shares of the company’s stock valued at $2,264,000 after buying an additional 15,245 shares in the last quarter. Parallel Advisors LLC raised its holdings in XPEL by 424.4% during the 1st quarter. Parallel Advisors LLC now owns 923 shares of the company’s stock valued at $41,000 after acquiring an additional 747 shares during the period. Bank of America Corp DE lifted its position in shares of XPEL by 53.9% during the first quarter. Bank of America Corp DE now owns 100,883 shares of the company’s stock worth $4,465,000 after acquiring an additional 35,338 shares in the last quarter. Finally, Amundi bought a new position in shares of XPEL in the first quarter worth $274,000. Institutional investors own 75.08% of the company’s stock.

Key Stories Impacting XPEL

Here are the key news stories impacting XPEL this week:

  • Positive Sentiment: XPEL reported record second-quarter revenue of $143.1 million, up 14.7% year over year and above the approximately $135 million analyst estimate. Revenue growth reflects continued demand for the company’s protective films and coatings. XPEL Reports Record Revenue of $143.1 million
  • Positive Sentiment: Second-quarter earnings were $0.68 per share, beating consensus estimates of $0.60-$0.61 and rising from $0.59 a year earlier. Gross margin also improved to 44.1% from 42.9%, indicating favorable operating execution. XPEL Q2 Earnings and Revenues Top Estimates
  • Positive Sentiment: Management is targeting a mid-20% operating-margin run rate by the end of 2028. If achieved, the goal could provide meaningful longer-term earnings and cash-flow upside through scale and margin expansion. XPEL Targets Mid-20% Operating Margin
  • Negative Sentiment: Third-quarter revenue guidance of $137 million to $139 million is marginally below the $139.1 million consensus estimate. The modest shortfall may limit near-term upside despite the strong second-quarter beat. XPEL Q3 Revenue Guidance

About XPEL

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XPEL, Inc is a leading manufacturer and distributor of advanced protective films and coatings for automotive, marine, aviation, and architectural applications. The company’s core products include paint protection film (PPF), window tinting film, and ceramic coatings designed to shield surfaces from scratches, environmental contaminants, and UV damage. XPEL’s flagship PPF, known for its self-healing properties, is engineered to maintain a vehicle’s factory finish by resisting swirl marks, stone chips, and acid rain.

Beyond automotive protection, XPEL has expanded its offerings to include protective films for electronics and architectural surfaces, providing solutions that enhance durability and prolong the life of high-value assets.

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