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

4.13

Mkt cap

38M

Volume

36K

High

4.95

P/E Ratio

-0.62

52-wk high

15.00

Low

4.05

Div yield

N/A

52-wk low

4.00

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

Numerous companies are scheduled to report their earnings on March 21, 2024, covering a wide range of industries from technology to healthcare. The reports include a mix of expected quarterly earnings and losses, with notable companies such as Welltower, Academy Sports, Exscientia, Direxion Daily CSI China Internet Index Bull 2X Shares, and Winnebago Industries among those reporting before the bell. After the bell, companies like Lululemon Athletica, Nike, FedEx, and Intellicheck will report, providing insights into their financial health and performance.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 10:15 am

Xos, Inc. (NASDAQ:XOS) is scheduled to release its quarterly earnings report on March 21, 2024. Analysts predict an EPS of $-1.92. The company's past earnings performance shows a mix of beats and misses, with the share price reacting accordingly. Shares are currently trading at $12.0, down 18.06% over the last year. Investors are keenly awaiting the report and guidance for future quarters.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 5:01 pm

ElectraMeccanica Vehicles Corp. (NASDAQ:SOLO) is set to host a special meeting on March 20, 2024, to vote on a proposed combination with Xos, Inc. (NASDAQ:XOS). The meeting aims to get shareholder approval for the arrangement, which has been detailed in a joint proxy statement filed with the SEC. The Board of Directors unanimously recommends voting in favor of the proposal.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:48 pm

In Monday's intraday session, several industrials stocks experienced significant movements. Xos, Fusion Fuel Green, Satellogic, Vast Renewables, Terran Orbital, and Roma Green Finance were among the gainers, with Xos leading at a 40.2% increase. On the downside, Astra Space, Primech Holdings, Agrify, Spirit Airlines, Acme United, and Applied UV saw notable declines, with Astra Space dropping by 39%. These movements reflect varying market capitalizations and specific events affecting the companies.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:34 pm

In Friday's intraday session, several industrials stocks experienced significant movements. Notable gainers included Nxu, JanOne, Li-Cycle Holdings, Xos, TDCX, and Caravelle Intl Gr, with increases ranging from 14.27% to 36.3%. On the downside, Sidus Space, Tritium DCFC, TTEC Holdings, Ideanomics, Royalty Management Hldgs, and Vast Renewables saw declines between 16.26% and 36.3%. TTEC Holdings' drop was highlighted by a recent Q4 earnings release.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 5:34 pm

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