Xos, Inc. (XOS)
NASDAQ: XOS · IEX Real-Time Price · USD
6.68
-0.12 (-1.76%)
At close: Jul 2, 2024, 4:00 PM
6.67
-0.01 (-0.15%)
After-hours: Jul 2, 2024, 4:07 PM EDT
Xos, Inc. Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Xos, Inc. stock have an average target of 20.63, with a low estimate of 13 and a high estimate of 30. The average target predicts an increase of 208.83% from the current stock price of 6.68.
Analyst Consensus: Buy
* Price targets were last updated on Apr 1, 2024.
Analyst Ratings
The average analyst rating for Xos, Inc. stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $17 | Hold → Strong Buy | Upgrades | $17 | +154.49% | Apr 1, 2024 |
| Wedbush | Wedbush | Buy Maintains $4 → $13 | Buy | Maintains | $4 → $13 | +94.61% | Jan 16, 2024 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades $120 → $30 | Strong Buy → Hold | Downgrades | $120 → $30 | +349.10% | Nov 13, 2023 |
| Northland Capital Markets | Northland Capital Markets | Hold → Buy Upgrades $23 | Hold → Buy | Upgrades | $23 | +236.83% | Nov 10, 2023 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $45 → $30 | Strong Buy → Hold | Downgrades | $45 → $30 | +349.10% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
77.21M
from 44.52M
Increased by 73.42%
Revenue Next Year
127.70M
from 77.21M
Increased by 65.39%
EPS This Year
-7.97
from -13.11
EPS Next Year
-5.82
from -7.97
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 85.7M | 164.8M |
| Avg | 77.2M | 127.7M |
| Low | 61.6M | 85.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 92.4% | 113.5% |
| Avg | 73.4% | 65.4% |
| Low | 38.3% | 10.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -6.78 | -4.95 |
| Avg | -7.97 | -5.82 |
| Low | -9.89 | -8.49 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.