XOS (XOS) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $3.79 to $4.37
• 50-Day Range: $3.80 to $5.20
• 52-Week Range: $3.65 to $14.86
• Volume: 72,662 shs
• Average Volume: 18,387 shs
• Market Capitalization: $32.48 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $11.25
• Consensus Rating: Buy

XOS Stock Analysis - MarketRank™

XOS scored higher than 53% of companies evaluated by MarketBeat, and ranked 55th out of 90 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

XOS has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

XOS has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for XOS are expected to grow in the coming year, from ($6.33) to ($4.14) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of XOS is -0.61, 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 -0.61, 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 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.60% 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 15.2, which indicates bearish sentiment.

Change versus previous month

Short interest in XOS has recently decreased by 1.38%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

XOS does not currently pay a dividend.

Dividend Growth

XOS does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.60% 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 15.2, which indicates bearish sentiment.

Change versus previous month

Short interest in XOS has recently decreased by 1.38%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.80

News Sentiment

XOS has a news sentiment score of 0.80. 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 0.63 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for XOS this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for XOS on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, XOS insiders have not sold or bought any company stock.

Percentage Held by Insiders

39.50% 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.

XOS Stock Analysis - Frequently Asked Questions

How have XOS shares performed this year?

XOS's stock was trading at $7.98 at the beginning of 2024. Since then, XOS stock has decreased by 49.1% and is now trading at $4.06.
View the best growth stocks for 2024 here.

How were XOS's earnings last quarter?

Xos, Inc. (NASDAQ:XOS) released its quarterly earnings data on Thursday, November, 11th. The company reported ($2.40) earnings per share for the quarter, beating the consensus estimate of ($2.70) by $0.30. The firm had revenue of $0.36 million for the quarter, compared to analysts' expectations of $5.08 million. XOS had a negative trailing twelve-month return on equity of 80.70% and a negative net margin of 71.59%.

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.

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.

What other stocks do shareholders of XOS own?

Based on aggregate information from My MarketBeat watchlists, some other companies that XOS investors own include Palantir Technologies (PLTR), Plug Power (PLUG), Tesla (TSLA), NIO (NIO), Ford Motor (F), Lucid Group (LCID) and Nikola (NKLA).

Company Calendar

• Last Earnings: 11/11/2021
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

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: $11.25
• High Stock Price Target: $15.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +167.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($6.68)
• 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: -71.59%
• Pretax Margin: -71.55%
• Return on Equity: -80.70%
• Return on Assets: -38.09%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.94
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: $44.52 million
• Price / Sales: 0.75
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $6.35 per share
• Price / Book: 0.66

Miscellaneous

• Outstanding Shares: 8,000,000
• Free Float: 4,842,000
• Market Cap: $33.60 million
• Optionable: No Data
• Beta: 1.81