Xos, Inc. (XOS)
| Market Cap | 64.33M |
| Revenue (ttm) | 52.99M |
| Net Income (ttm) | -62.52M |
| Shares Out | 7.87M |
| EPS (ttm) | -10.71 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 16,408 |
| Open | 8.32 |
| Previous Close | 8.45 |
| Day's Range | 8.15 - 8.70 |
| 52-Week Range | 5.50 - 19.80 |
| Beta | 1.90 |
| Analysts | Buy |
| Price Target | 20.63 (+152.51%) |
| Earnings Date | May 15, 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]
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 StatementsAnalyst 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 152.51% from the latest price.
News
Blue Bird Debuts Electric Step Van at 2024 Advanced Clean Transportation (ACT) Expo
MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, will debut its electric-powered step van at the upcoming 2024 Advanced Clean Tr...
Capital Injection and Robust Margins Position Xos, Inc. for a Strong 2024
Improved cash position with $50 million from acquisition of ElectraMeccanica Delivered 180% year-over-year revenue growth Achieved industry-leading 21% gross margins LOS ANGELES, CA / ACCESSWIRE / May...
The 2024 Xos SV Stepvan Now Available for Incentives on the HVIP Vehicle Catalog
LOS ANGELES, May 02, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), an industry-leading commercial electric vehicle manufacturer, has received official approval from the California Air Resources Bo...
Xos, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call
Xos, Inc. announced it will release its third quarter 2023 operating results on Wednesday, May 15, 2024 after the close of the U.S. financial markets.
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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 ...
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...
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...
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.
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...
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...
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...