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.

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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

Wedbush analyst Daniel Ives maintains an Outperform rating on Xos (NASDAQ:XOS) but lowers the price target from $15 to $12.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 5:09 pm

Xos has reaffirmed its FY24 guidance for deliveries of 400-600 units and revenue between $66.7 million and $100.4 million, with an estimated revenue of $80.98 million.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:29 pm

Xos (NASDAQ:XOS) reported Q2 2024 GAAP EPS of $(1.23), beating the estimate of $(2.08) by 40.87%. However, sales of $15.535M missed the $16.543M estimate by 6.09%. Sales increased by 226.78% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:12 pm

Xos (NASDAQ:XOS) reported Q1 2024 GAAP EPS of $(1.80), beating the $(2.25) estimate, but missed sales estimates with $13.162M against $15.720M. EPS improved by 58.33% YoY, and sales increased by 180.22% YoY.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:54 pm

Xos, Inc. has received approval from the California Air Resources Board for its 2024 Xos SV Battery Electric Stepvan to be listed on the Clean Truck and Bus Voucher Incentive Program (HVIP) Catalog. This listing enables Xos to offer their electric stepvan at a reduced cost to customers, with incentives starting at $85,000.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:20 pm

In Thursday's pre-market session, several industrials stocks showed notable movements. Energy Focus, Xos, and Babcock & Wilcox were among the top gainers, with increases of 21.9%, 12.27%, and 12.03% respectively. On the losing side, Caesarstone, NeoVolta, and Simpple experienced declines of 10.6%, 8.52%, and 5.82% respectively. Fastenal also reported a decrease of 5.01% following its Q1 earnings release.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 12:10 pm

DA Davidson analyst Michael Shlisky upgraded Xos (NASDAQ:XOS) from Neutral to Buy while maintaining the price target at $17.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 1:41 pm

Xos, Inc. (NASDAQ:XOS) reported Q4 earnings with an EPS of $-2.33, missing the estimated $-1.92 by -21.0%. Revenue increased by $9.80 million compared to the same period last year. Despite the miss, past performance shows a positive trend in share price following earnings reports.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 9:45 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.