NASDAQ:XOS

XOS (XOS) Stock Forecast, Price & News

$0.34

+0.01 (+3.04%)

(As of 09/21/2023 ET)

Compare

Today's Range: $0.33
▼
$0.34
50-Day Range: $0.27
▼
$0.59
52-Week Range: $0.21
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$1.44

Volume: 161,163 shs
Average Volume: 343,915 shs
Market Capitalization: $59.67 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.02

XOS MarketRank™ Forecast

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 495.9% Upside
$2.02 Price Target
Short Interest: Healthy
3.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.46) to ($0.33) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Auto/Tires/Trucks Sector

31st out of 95 stocks

Motor Vehicle Parts & Accessories Industry

16th out of 34 stocks

3.2

Analyst's Opinion

Consensus Rating
XOS has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.02, XOS has a forecasted upside of 495.9% from its current price of $0.34.
Amount of Analyst Coverage
XOS has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.90% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in XOS has recently decreased by 8.86%, indicating that investor sentiment is improving 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.

2.6

News and Social Media Coverage

News Sentiment
XOS has a news sentiment score of 0.66. 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 0.51 average news sentiment score of Auto/Tires/Trucks companies.
Search Interest
Only 1 people have searched for XOS on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days.
MarketBeat Follows
4 people have added XOS to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 12.07% of the stock of XOS is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for XOS are expected to grow in the coming year, from ($0.46) to ($0.33) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of XOS is -0.65, 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 -0.65, 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 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About XOS (NASDAQ:XOS) Stock

Xos, Inc. designs, manufactures, and sells battery-electric commercial vehicles. It also offers a range of services to facilitate the transition of fleets to electric vehicles, including charging infrastructure, vehicle maintenance, financing, and service. The company was founded in 2020 and is headquartered in Los Angeles, California.

XOS Price History

30 days | 90 days | 365 days | Advanced Chart

XOS Stock News Headlines

September 14, 2023 | finance.yahoo.com

Xos Grows Fleet Deliveries

September 12, 2023 | au.investing.com

Xos, Inc wins state contract in California to provide electric stepvans

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 12, 2023 | msn.com

State of California orders electric stepvans with Xos, stock up 16%

September 12, 2023 | marketwatch.com

Xos Shares Rally on California Electric Step Van Vendor Pact

September 12, 2023 | finance.yahoo.com

Xos Awarded Contract by State of California to Provide Electric Stepvans to State & Local Agencies

September 7, 2023 | finance.yahoo.com

Xos Completes First Over-the-Air Updates Across Vehicles

September 5, 2023 | finance.yahoo.com

Xos Hub Now Eligible for $160,000 CARB CORE Incentive

September 22, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

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August 31, 2023 | finance.yahoo.com

Xos, Inc. Demos the Power of The Xos Hub™ Across Multiple Use Cases

August 30, 2023 | finance.yahoo.com

Xos Bolsters Leadership Team with Two New Vice President Hires

August 21, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: XPeng, Inc. ADR (XPEV) and Xos (XOS)

August 15, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Technology Companies: Xos (XOS) and CuriosityStream (CURI)

August 14, 2023 | msn.com

DA Davidson Downgrades Xos (XOS)

August 12, 2023 | msn.com

Wedbush Reiterates Xos (XOS) Outperform Recommendation

August 11, 2023 | finance.yahoo.com

Q2 2023 Xos Inc Earnings Call

August 10, 2023 | msn.com

Xos, Inc. (XOS) Reports Q2 Loss, Lags Revenue Estimates

August 10, 2023 | msn.com

Xos GAAP EPS of -$0.14 misses by $0.03, revenue of $4.8M misses by $6.99M

August 10, 2023 | finance.yahoo.com

Xos, Inc. Reports Second Quarter 2023 Results

August 9, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Xos's earnings

August 9, 2023 | benzinga.com

Xos's Earnings: A Preview

August 3, 2023 | msn.com

Xos Makes A Killer Shelf Deal, And I Am Buying More Shares

August 2, 2023 | markets.businessinsider.com

Infinix Unleashes All-New Cyberpunk Styled GT 10 Pro with Superior Gaming Performance

July 28, 2023 | finance.yahoo.com

Xos, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call

July 1, 2023 | news.yahoo.com

This incredible high-tech trailer can charge 5 electric cars at once — and you can take it on the go with you

June 29, 2023 | msn.com

The Scoop - Thursday June 29, 2023

June 27, 2023 | finance.yahoo.com

XTEND DEFENSE ACHIEVES FULL NDAA COMPLIANCE ACROSS ITS RANGE OF HUMAN-GUIDED AUTONOMOUS DRONES

See More Headlines

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XOS Company Calendar

Last Earnings: 8/10/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Motor vehicle parts & accessories
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:XOS
CUSIP: N/A
CIK: 1819493
Web: www.xostrucks.com
Phone: 818-316-1890
Fax: N/A
Employees: 272
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.02
High Stock Price Forecast: $4.00
Low Stock Price Forecast: $0.50
Forecasted Upside/Downside: +495.9%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.52)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-73,320,000.00
Net Margins: -312.96%
Pretax Margin: -301.58%
Return on Equity: -98.64%
Return on Assets: -55.91%

Debt

Debt-to-Equity Ratio: 0.29
Current Ratio: 3.21
Quick Ratio: 1.60

Sales & Book Value

Annual Sales: $36.38 million
Price / Sales: 1.64
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.66 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 176,020,000
Free Float: 82,553,000
Market Cap: $59.67 million
Optionable: Optionable
Beta: 1.96

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Key Executives

Mr. Dakota Semler (Age 30)
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 Fin.

Mr. Robert R. Ferber Jr. (Age 54)
Chief Technology Officer

Mr. Christen Romero (Age 37)
Gen. Counsel & Sec.

Mr. Mathew Freiheit
Chief Engineer

Mr. Steve Ivsan (Age 49)
Head of Program Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

XOS Stock - Frequently Asked Questions

Should I buy or sell XOS stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for XOS in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" XOS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in XOS, but not buy additional shares or sell existing shares.
View XOS analyst ratings or view top-rated stocks.
What is XOS's stock price forecast for 2023?: 5 brokers have issued 1-year price targets for XOS's shares. Their XOS share price forecasts range from $0.50 to $4.00. On average, they expect the company's stock price to reach $2.02 in the next twelve months. This suggests a possible upside of 495.9% 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 2023?: XOS's stock was trading at $0.4429 at the beginning of 2023. Since then, XOS stock has decreased by 23.5% and is now trading at $0.3390.
View the best growth stocks for 2023 here.
When is XOS's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our XOS earnings forecast.
How were XOS's earnings last quarter?: Xos, Inc. (NASDAQ:XOS) announced its earnings results on Thursday, August, 10th. The company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by $0.03. The business earned $4.75 million during the quarter, compared to analyst estimates of $13.26 million. XOS had a negative trailing twelve-month return on equity of 98.64% and a negative net margin of 312.96%.
What guidance has XOS issued on next quarter's earnings?: XOS updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $36.30 million-$54.70 million, compared to the consensus revenue estimate of $69.52 million.

What is XOS's stock symbol?: XOS trades on the NASDAQ under the ticker symbol "XOS."
Who are XOS's major shareholders?: XOS's stock is owned by a number of retail and institutional investors. Top institutional investors include Geode Capital Management LLC (0.33%), Renaissance Technologies LLC (0.29%), Y Intercept Hong Kong Ltd (0.22%), Goldman Sachs Group Inc. (0.14%), State Street Corp (0.11%) and BlackRock Inc. (0.07%). Insiders that own company stock include Christen T Romero, Dakota Semler, Edward J Rapp, George N Mattson, Giordano Sordoni and Robert Ferber.
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is XOS's stock price today?: One share of XOS stock can currently be purchased for approximately $0.34.
How much money does XOS make?: XOS (NASDAQ:XOS) has a market capitalization of $59.67 million and generates $36.38 million in revenue each year. The company earns $-73,320,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis.
How many employees does XOS have?: The company employs 272 workers across the globe.
How can I contact XOS?: The official website for the company is www.xostrucks.com. The company can be reached via phone at 818-316-1890 or via email at investors@xostrucks.com.

This page (NASDAQ:XOS) was last updated on 9/22/2023 by MarketBeat.com Staff

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