Xos, Inc. (XOS)
NASDAQ: XOS · IEX Real-Time Price · USD
7.94
-0.16 (-1.98%)
Apr 18, 2024, 3:33 PM EDT - Market open
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 159.82% from the current stock price of 7.94.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 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 | +114.11% | Apr 1, 2024 |
| Wedbush | Wedbush | Buy Maintains $4 → $13 | Buy | Maintains | $4 → $13 | +63.73% | Jan 16, 2024 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades $120 → $30 | Strong Buy → Hold | Downgrades | $120 → $30 | +277.83% | Nov 13, 2023 |
| Northland Capital Markets | Northland Capital Markets | Hold → Buy Upgrades $23 | Hold → Buy | Upgrades | $23 | +183.38% | Nov 10, 2023 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $45 → $30 | Strong Buy → Hold | Downgrades | $45 → $30 | +277.83% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
83.80M
from 44.52M
Increased by 88.22%
Revenue Next Year
157.48M
from 83.80M
Increased by 87.92%
EPS This Year
-8.05
from -13.11
EPS Next Year
-4.94
from -8.05
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 91.5M | 202.6M |
| Avg | 83.8M | 157.5M |
| Low | 77.2M | 116.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 105.5% | 141.8% |
| Avg | 88.2% | 87.9% |
| Low | 73.4% | 39.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -7.39 | -5.13 |
| Avg | -8.05 | -4.94 |
| Low | -8.72 | -4.79 |
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.