Should I buy or sell XOS stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for XOS in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" XOS shares. View XOS analyst ratings or view top-rated stocks .

What is XOS's stock price target for 2024?

3 equities research analysts have issued 12-month price targets for XOS's stock. Their XOS share price targets range from $13.00 to $30.00. On average, they predict the company's share price to reach $20.63 in the next year. This suggests a possible upside of 168.9% from the stock's current price. View analysts price targets for XOS or view top-rated stocks among Wall Street analysts .

How have XOS shares performed in 2024?

XOS's stock was trading at $7.98 at the start of the year. Since then, XOS stock has decreased by 3.9% and is now trading at $7.67. View the best growth stocks for 2024 here .

Are investors shorting XOS?

XOS saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 159,600 shares, an increase of 53.9% from the March 15th total of 103,700 shares. Based on an average trading volume of 18,100 shares, the short-interest ratio is currently 8.8 days. Currently, 7.4% of the company's stock are short sold. View XOS's Short Interest .

When is XOS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our XOS earnings forecast .

How were XOS's earnings last quarter?

Xos, Inc. (NASDAQ:XOS) announced its earnings results on Thursday, March, 21st. The company reported ($2.33) earnings per share for the quarter, topping the consensus estimate of ($2.40) by $0.07. The business had revenue of $18.38 million for the quarter, compared to the consensus estimate of $18.50 million. XOS had a negative trailing twelve-month return on equity of 115.89% and a negative net margin of 170.35%.

When did XOS's stock split?

Shares of XOS reverse split on Thursday, December 7th 2023. The 1-30 reverse split was announced on Thursday, December 7th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, December 7th 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

What guidance has XOS issued on next quarter's earnings?

XOS issued an update on its FY 2024 earnings guidance on Thursday, March, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $66.7 million-$100.4 million, compared to the consensus revenue estimate of $124.4 million.

How do I buy shares of XOS?

Shares of XOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:XOS

XOS (XOS) Stock Price, News & Analysis

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Free XOS Stock Alerts

$7.67

-0.18 (-2.29%)

(As of 05:37 PM ET)

Compare

Today's Range: $7.57
▼
$8.27
50-Day Range: $7.78
▼
$13.57
52-Week Range: $5.50
▼
$19.80

Volume: 33,181 shs
Average Volume: 17,496 shs
Market Capitalization: $59.44 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $20.63

Get XOS alerts:

XOS MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 168.9% Upside
$20.63 Price Target
Short Interest: Bearish
7.42% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.78
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($8.95) to ($4.89) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.82 out of 5 stars

Auto/Tires/Trucks Sector

56th out of 77 stocks

Motor Vehicle Parts & Accessories Industry

25th out of 31 stocks

3.5

Analyst's Opinion

Consensus Rating
XOS has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
XOS has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
7.42% of the float of XOS has been sold short.
Short Interest Ratio / Days to Cover
XOS has a short interest ratio ("days to cover") of 8.8.
Change versus previous month
Short interest in XOS has recently increased by 53.91%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
XOS does not currently pay a dividend.
Dividend Growth
XOS does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for XOS.

3.2

News and Social Media Coverage

News Sentiment
XOS has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for XOS this week, compared to 2 articles on an average week.
Search Interest
12 people have searched for XOS on MarketBeat in the last 30 days. This is an increase of 140% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added XOS to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, XOS insiders have not sold or bought any company stock.
Percentage Held by Insiders
53.10% of the stock of XOS is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 12.86% of the stock of XOS is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for XOS are expected to grow in the coming year, from ($8.95) to ($4.89) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of XOS is -0.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of XOS is -0.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
XOS has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About XOS Stock (NASDAQ:XOS)

Xos, Inc. designs, manufactures, and sells battery-electric commercial vehicles. The company provides class 5-6 medium duty rolling chassis, such as commercial stepvans and armored trucks; class 7-8 heavy duty chassis; and Xos product development. It offers Xos provides mix-use powertrain solutions for off-highway, industrial and other commercial equipment, and specialty vehicles, such as school buses, medical and dental clinics, blood donation vehicles, and mobile command vehicles. In addition, the company offers energy solutions, a comprehensive charging infrastructure business that offers mobile and stationary multi-application chargers, mobile energy storage, and turnkey energy infrastructure services to accelerate client transitions to electric fleets; Xos Hub, a rapid-deployment mobile charger designed to expedite fleet transitions to electric vehicles; and Xosphere, a platform that interconnects vehicle, maintenance, charging, and service data to improve overall customer experience. Further, it offers X-Pack, a proprietary battery pack technology for last-mile commercial use cases; X-Platform foundation of Xos vehicle products; and vehicle control software, which include powertrain controls, body controls, and instrument cluster and infotainment. Xos, Inc. was founded in 2020 and is headquartered in Los Angeles, California.

XOS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

XOS Stock News Headlines

April 13, 2024 | msn.com

Infinix Note 40 Pro Series Launched In India. Check Specifications, Prices, Offers, More

April 13, 2024 | msn.com

Infinix Note 40 Pro series launched: Price, specifications, offers, and more

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 13, 2024 | msn.com

Infinix Note 40 Pro series launched with wireless charging support: Price in India, sale offers, and specs

April 12, 2024 | americanbankingnews.com

Xos, Inc. (NASDAQ:XOS) Sees Large Increase in Short Interest

April 5, 2024 | msn.com

South Korea's Hanwha Aerospace to spin off industrial solutions businesses from defence

April 4, 2024 | globenewswire.com

Xos, Inc. Unveils Upgraded 2024 Xos SV Stepvan with Enhanced Features for Fleet Operators

April 4, 2024 | investorplace.com

Mighty Micro-Cap Stocks: 7 Tiny Companies Packing Enormous Potential

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 28, 2024 | msn.com

M&A News: Xos (NASDAQ:XOS) Slips Following Large-Scale Expansion Effort

March 26, 2024 | globenewswire.com

Xos, Inc. Accelerates Growth with Strategic Acquisition of ElectraMeccanica

March 24, 2024 | investing.com

Earnings call: Xos Inc. outlines growth and challenges in 2023 results

March 23, 2024 | seekingalpha.com

Xos, Inc. (XOS) Q4 2023 Earnings Call Transcript

March 22, 2024 | finance.yahoo.com

Q4 2023 Xos Inc Earnings Call

March 22, 2024 | finance.yahoo.com

Xos, Inc. (NASDAQ:XOS) Q4 2023 Earnings Call Transcript

March 21, 2024 | benzinga.com

Recap: Xos Q4 Earnings

March 20, 2024 | benzinga.com

Earnings Preview: Xos

March 20, 2024 | msn.com

Xos Q4 2023 Earnings Preview

March 20, 2024 | markets.businessinsider.com

Xos is about to announce earnings — here's what Wall Street expects

March 18, 2024 | msn.com

Infinix unveils the Note 40 series with a dedicated chip for smart charging

March 18, 2024 | tmcnet.com

When Speed Meets Tech: Infinix Redefines Fast Charging with the brand-new NOTE 40 Series

March 18, 2024 | msn.com

Infinix redefines fast charging with new NOTE 40 series

March 14, 2024 | globenewswire.com

Xos, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

March 13, 2024 | msn.com

Padres acquire RHP Dylan Cease in multiplayer trade with White Sox

March 11, 2024 | msn.com

Infinix Smart 8 Plus Sales Goes On Live; Check Price, Camera, Display And Specs

March 1, 2024 | businesswire.com

ElectraMeccanica Founder and Former Board Member Jerry Kroll Agrees to Vote in Favor of Proposed Combination with Xos, Inc.

February 29, 2024 | finance.yahoo.com

Xos, Inc. Secures Purchase Order from Mission Linen Supply for New 22’ Stepvan Option

See More Headlines

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Company Calendar

Last Earnings: 3/21/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Motor vehicle parts & accessories
Sub-Industry: N/A
Current Symbol: NASDAQ:XOS
CUSIP: N/A
CIK: 1819493
Web: www.xostrucks.com
Phone: 818-316-1890
Fax: N/A
Employees: 161
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $20.63
High Stock Price Target: $30.00
Low Stock Price Target: $13.00
Potential Upside/Downside: +166.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($13.1408)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-75,840,000.00
Net Margins: -170.35%
Pretax Margin: -170.30%
Return on Equity: -115.89%
Return on Assets: -60.12%

Debt

Debt-to-Equity Ratio: 0.44
Current Ratio: 3.66
Quick Ratio: 1.73

Sales & Book Value

Annual Sales: $44.52 million
Price / Sales: 1.35
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $7.61 per share
Price / Book: 1.02

Miscellaneous

Outstanding Shares: 7,750,000
Free Float: 3,635,000
Market Cap: $59.91 million
Optionable: Optionable
Beta: 1.83

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Key Executives

Mr. Dakota Semler (Age 31)
Co-Founder, CEO & Chairman
Comp: $421.69k
Mr. Giordano Sordoni (Age 31)
Co-Founder, COO & Director
Comp: $423.17k
Ms. Liana Pogosyan (Age 40)
Acting CFO & VP of Finance
Mr. Christen Romero (Age 37)
General Counsel & Secretary
Comp: $276.92k
Mr. Steve Ivsan (Age 50)
Head of Program Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

XOS Stock Analysis - Frequently Asked Questions

Should I buy or sell XOS stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for XOS in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" XOS shares.
View XOS analyst ratings or view top-rated stocks.
What is XOS's stock price target for 2024?: 3 equities research analysts have issued 12-month price targets for XOS's stock. Their XOS share price targets range from $13.00 to $30.00. On average, they predict the company's share price to reach $20.63 in the next year. This suggests a possible upside of 168.9% from the stock's current price.
View analysts price targets for XOS or view top-rated stocks among Wall Street analysts.
How have XOS shares performed in 2024?: XOS's stock was trading at $7.98 at the start of the year. Since then, XOS stock has decreased by 3.9% and is now trading at $7.67.
View the best growth stocks for 2024 here.
Are investors shorting XOS?: XOS saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 159,600 shares, an increase of 53.9% from the March 15th total of 103,700 shares. Based on an average trading volume of 18,100 shares, the short-interest ratio is currently 8.8 days. Currently, 7.4% of the company's stock are short sold.
View XOS's Short Interest.
When is XOS's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our XOS earnings forecast.

How were XOS's earnings last quarter?: Xos, Inc. (NASDAQ:XOS) announced its earnings results on Thursday, March, 21st. The company reported ($2.33) earnings per share for the quarter, topping the consensus estimate of ($2.40) by $0.07. The business had revenue of $18.38 million for the quarter, compared to the consensus estimate of $18.50 million. XOS had a negative trailing twelve-month return on equity of 115.89% and a negative net margin of 170.35%.
When did XOS's stock split?: Shares of XOS reverse split on Thursday, December 7th 2023. The 1-30 reverse split was announced on Thursday, December 7th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, December 7th 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.
What guidance has XOS issued on next quarter's earnings?: XOS issued an update on its FY 2024 earnings guidance on Thursday, March, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $66.7 million-$100.4 million, compared to the consensus revenue estimate of $124.4 million.
How do I buy shares of XOS?: Shares of XOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:XOS) was last updated on 4/19/2024 by MarketBeat.com Staff

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XOS (XOS) Stock Price, News & Analysis

XOS MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About XOS Stock (NASDAQ:XOS)

XOS Stock Price History

XOS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

XOS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™