Xos, Inc. (XOS)

NASDAQ: XOS · IEX Real-Time Price · USD
8.34
-0.09 (-1.07%)
Apr 17, 2024, 3:36 PM EDT - Market open
-1.07%
Market Cap 64.64M
Revenue (ttm) 44.52M
Net Income (ttm) -75.84M
Shares Out 7.75M
EPS (ttm) -13.11
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 12,429
Open 8.48
Previous Close 8.43
Day's Range 8.01 - 8.50
52-Week Range 5.50 - 19.80
Beta 1.85
Analysts Buy
Price Target 20.63 (+147.36%)
Earnings Date May 8, 2024

About XOS

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 comprehens... [Read more]

Sector Industrials
Founded 2016
Employees 161
Stock Exchange NASDAQ
Ticker Symbol XOS
Full Company Profile

Financial Performance

In 2023, Xos, Inc.'s revenue was $44.52 million, an increase of 22.40% compared to the previous year's $36.38 million. Losses were -$75.84 million, 3.43% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for XOS stock is "Buy." The 12-month stock price forecast is $20.63, which is an increase of 147.36% from the latest price.

Price Target
$20.63
(147.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Xos, Inc. Unveils Upgraded 2024 Xos SV Stepvan with Enhanced Features for Fleet Operators

LOS ANGELES, April 04, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet electrification services provider, is excited to announce the release of the 20...

12 days ago - GlobeNewsWire

Xos, Inc. Accelerates Growth with Strategic Acquisition of ElectraMeccanica

LOS ANGELES, March 26, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet electrification services provider, today announced that it has closed its acqui...

22 days ago - GlobeNewsWire

Market Leader Xos Positioned for Strong 2024 by Gross Margin Improvement and Pending Acquisition

Full Year Revenue increased 22% year-over-year Strong positive gross margins in the third and fourth quarters of 2023 Entered into a definitive agreement to acquire ElectraMeccanica and significantly ...

26 days ago - Accesswire

Xos, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

LOS ANGELES, March 14, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it will release its fourth quarter and full year 2...

4 weeks ago - GlobeNewsWire

ElectraMeccanica Founder and Former Board Member Jerry Kroll Agrees to Vote in Favor of Proposed Combination with Xos, Inc.

MESA, Ariz.--(BUSINESS WIRE)--ElectraMeccanica (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles, announced today that founder and former board member Jerry Kroll has ...

6 weeks ago - Business Wire

Xos, Inc. Secures Purchase Order from Mission Linen Supply for New 22' Stepvan Option

LOS ANGELES, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading provider of medium-duty electric vehicles, charging infrastructure, and fleet management software, is pleased to annou...

6 weeks ago - GlobeNewsWire

ELECTRAMECCANICA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of ElectraMeccanica Vehicles Corp. - SOLO

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of ElectraMeccani...

7 weeks ago - Business Wire

ElectraMeccanica Announces Filing and Mailing of the Joint Proxy Statement/Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Proposed Combination with Xos

MESA, Ariz.--(BUSINESS WIRE)--ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica”) is pleased to announce that the joint proxy statement/management information circular (the “Joint Prox...

2 months ago - Business Wire

The Xos Hub™ Gets Major Upgrades and a Purchase Order from Xcel Energy

LOS ANGELES, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leader in the electrification of fleets, today announced the next generation of their mobile charging unit, The Xos Hub™. This...

2 months ago - GlobeNewsWire

Xos, Inc. Ranked Number 51 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

LOS ANGELES, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (Nasdaq: XOS) today announced it ranked #51 on the Deloitte Technology Fast 500 ™, a ranking of the fastest-growing technology, media, telecomm...

3 months ago - GlobeNewsWire

ElectraMeccanica and Xos Host Joint Investor Call to Provide Shareholder Update

LOS ANGELES and MESA, Ariz., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) (“Xos”), a leading electric truck manufacturer and fleet electrification services provider, and ElectraMeccanica ...

3 months ago - GlobeNewsWire

XOS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Xos, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Xos, Inc. (NASDAQ: XOS) and ElectraMeccanica Vehicles Corp. is fair to Xos shareholders...

3 months ago - Business Wire

Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos' Leadership Position in Manufacturing Commercial Electric Vehicles for Major U.S. Fleet Customers

LOS ANGELES & MESA, Ariz.--(BUSINESS WIRE)--Xos, Inc. (NASDAQ: XOS) (“Xos”), a leading electric truck manufacturer and fleet electrification services provider, and ElectraMeccanica, (NASDAQ: SOLO) (“E...

3 months ago - Business Wire

Xos Announces 1-for-30 Reverse Stock Split

LOS ANGELES, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Xos, Inc. (Nasdaq: XOS), a leading electric truck manufacturer and fleet electrification services provider, today announced that it intends to effect a 1...

4 months ago - GlobeNewsWire

Xos, Inc. Reports Third Quarter 2023 Results

Delivered 105 units in the quarter, the highest quarterly volume to date, and a 176% quarter-over-quarter increase Achieved average positive GAAP gross margin of over $18,000 per unit LOS ANGELES, CA ...

5 months ago - Accesswire

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

LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it will release its third quarter 2023 operating re...

6 months ago - GlobeNewsWire

Xos Achieves Largest Quarter with Profitable Deliveries to National Fleet Customers

Xos has delivered 105 units in the third quarter to multiple global fleets and parcel delivery operators. Xos has delivered 105 units in the third quarter to multiple global fleets and parcel delivery...

6 months ago - GlobeNewsWire

Xos Stepvans Eligible for Thousands in State and Federal Incentives

Xos, Inc. (NASDAQ: XOS) is proud to announce that their 2023 Xos SV is eligible for impressive incentives in place by both federal and state governments.

6 months ago - GlobeNewsWire

Xos Customers in Canada Can Save $100,000 CAD with iMHZEV Incentive

LOS ANGELES, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) is pleased to announce that its stepvans are now eligible for the Incentives for Medium- and Heavy-Duty Zero-Emission Vehicles P...

7 months ago - GlobeNewsWire

Xos Grows Fleet Deliveries

LOS ANGELES, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) is pleased to announce the delivery of 100% battery-electric stepvans to several parcel and delivery independent service provide...

7 months ago - GlobeNewsWire

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

Xos is now contracted with the State of California (CA), offering sustainable electric stepvans for CA state and local agencies Xos is now contracted with the State of California (CA), offering sustai...

7 months ago - GlobeNewsWire

Xos Completes First Over-the-Air Updates Across Vehicles

Xos Revolutionizes Commercial Vehicle Updates with Over-the-Air Capabilities Xos Revolutionizes Commercial Vehicle Updates with Over-the-Air Capabilities

7 months ago - GlobeNewsWire

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

Xos Hub Now Eligible for CARB's CORE Incentive, saving customers $160K Xos Hub Now Eligible for CARB's CORE Incentive, saving customers $160K

8 months ago - GlobeNewsWire

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

Xos has successfully demonstrated the capability of the Xos Hub across multiple use cases and electric vehicles in California Xos has successfully demonstrated the capability of the Xos Hub across mul...

8 months ago - GlobeNewsWire

Xos Bolsters Leadership Team with Two New Vice President Hires

Xos Hires Experienced Vice Presidents to Lead Tennessee Manufacturing Facility Xos Hires Experienced Vice Presidents to Lead Tennessee Manufacturing Facility

8 months ago - GlobeNewsWire