Streetbeat News

XOS

Xos, Inc.

https://www.xostrucks.com

Industry

Agricultural - Machinery

Xos, Inc., a mobility solutions company, manufactures and sells battery-electric commercial vehicles. It 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.

Open

3.80

Mkt cap

31M

Volume

50K

High

3.88

P/E Ratio

-0.59

52-wk high

14.86

Low

3.67

Div yield

N/A

52-wk low

3.67

Xos, Inc. held its Q3 2024 earnings conference call, discussing the company's financial performance and future outlook. Key participants included the CEO, COO, and Acting CFO, with analysts from ROTH Capital Partners and Northland Securities attending.

Portfolio Pulse from

November 14, 2024 | 2:00 am

Xos, Inc. (XOS) reported a Q3 loss of $1.32 per share, which was better than the Zacks Consensus Estimate of a $1.39 loss. However, the company missed revenue estimates.

Portfolio Pulse from

November 14, 2024 | 12:00 am

Xos, Inc. reported strong financial results for Q3 2024, with increased unit deliveries and improved gross margins. The company generated $15.8 million in revenue and delivered 94 units. Gross margins rose to 18.1%, and Xos began serial production of its Xos Hub mobile charger units in Tennessee.

Portfolio Pulse from

November 13, 2024 | 9:45 pm

In Thursday's after-market session, Eos Energy Enterprises, ConnectM Technology, Vast Renewables, Antelope Ent Holdings, Sun Country Airlines, and New Horizon Aircraft saw stock price increases, while Asure Software, Advent Technologies Holdings, 1847 Holdings, VSE, Knightscope, and Xos experienced declines. Notably, Asure Software's stock fell significantly following its Q3 earnings release.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 8:34 pm

Analysts have provided mixed ratings for Xos (NASDAQ:XOS) over the past three months, with a recent average price target of $11.25, down from $16.00. The company, focused on electric mobility for commercial fleets, has shown strong revenue growth but faces challenges with profitability and financial metrics.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 1:00 pm

In Wednesday's pre-market session, Spirit Airlines, ShiftPixy, Graphex Gr, Heramba Electric, Xos, and CBAK Energy Tech saw stock price increases, while noco-noco, Hyzon Motors, Royalty Management Holdings, Roma Green Finance, Vertiv Holdings, and Solidion Technology experienced declines. Vertiv Holdings released its Q3 earnings.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 12:08 pm

In Wednesday's pre-market session, Spirit Airlines, ShiftPixy, and Graphex Gr saw significant stock price increases, while noco-noco, Hyzon Motors, and Vertiv Holdings experienced declines. Vertiv Holdings' Q3 earnings were released today.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 12:07 pm

Roth MKM has initiated coverage on Xos with a Buy rating and set a price target of $15, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:23 am

DA Davidson analyst Michael Shlisky has downgraded Xos (NASDAQ:XOS) from Buy to Neutral and lowered the price target from $17 to $9.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:54 am

Northland Capital Markets has reiterated its Outperform rating on Xos (NASDAQ:XOS) but has lowered the price target from $16 to $9.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 5:50 pm

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