Xos, Inc. Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Xos, Inc. stock have an average target of $4.00, which predicts a 9.29% increase from the current stock price of 3.66.

Price Target: $4.00 (+9.29%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$4.00	$4.00	$4.00	$4.00
Change	+9.29%	+9.29%	+9.29%	+9.29%

* Price targets were last updated on Mar 27, 2026.

Analyst Ratings

The average analyst rating for Xos, Inc. stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Mar '26	Apr '26	May '26
Strong Buy	1	0	0	1	1	1
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	1	1	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ted Jackson Northland Securities	Northland Securities	Hold Maintains n/a	Hold	Maintains	n/a	n/a	May 15, 2026
Craig Irwin Roth MKM	Roth MKM	Buy Reiterates $6 → $4	Buy	Reiterates	$6 → $4	+9.29%	Mar 27, 2026

Financial Forecast

Revenue This Year

47.05M

from 45.99M

2.30%

from 45.99M

Revenue Next Year

54.30M

from 47.05M

15.41%

from 47.05M

EPS This Year

-2.76

from -

EPS Next Year

n/a

from -2.76

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.05M	36.38M	44.52M	55.96M	45.99M	47.05M
Revenue Growth	91.14%	620.60%	22.40%	25.69%	-17.81%	2.30%
Gross Profit	-2.36M	-30.03M	-1.29M	3.97M	2.72M	11.86M
Gross Margin	-46.79%	-82.55%	-2.90%	7.09%	5.92%	25.20%
Operating Income	-53.16M	-111.35M	-64.97M	-43.87M	-33.08M	-23.25M
Net Income	23.40M	-73.33M	-75.84M	-50.16M	-25.32M	-24.44M
EPS	-	-	-	-	-	-2.76
Free Cash Flow	-84.69M	-102.29M	-10.44M	-21.08M	17.82M	-4.44M
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	49.1M
Avg	47.1M
Low	45.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	6.8%
Avg	2.3%
Low	-2.2%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-2.76
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-