Xos (XOS) Stock Forecast, Price Target & Predictions
XOS Stock Forecast
Xos stock forecast is as follows: an average price target of $9.13 (represents a 91.81% upside from XOS’s last price of $4.76) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
XOS Price Target
The average price target for Xos (XOS) is $9.13 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $2.40. This represents a potential 91.81% upside from XOS's last price of $4.76.
XOS Analyst Ratings
According to 1 Wall Street analysts, Xos's rating consensus is 'Hold'. The analyst rating breakdown for XOS stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Xos Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 16, 2024 | Michael Shlisky | D.A. Davidson | $9.00 | $5.25 | 71.43% | 89.08% |
| May 16, 2024 | Donovan Schafer | Northland Securities | $16.00 | $8.68 | 84.33% | 236.13% |
| Apr 01, 2024 | Michael Shlisky | D.A. Davidson | $17.00 | $10.24 | 66.02% | 257.14% |
| Nov 14, 2022 | - | Goldman Sachs | $2.40 | $0.96 | 150.00% | -49.58% |
The latest Xos stock forecast, released on Aug 16, 2024 by Michael Shlisky from D.A. Davidson, set a price target of $9.00, which represents a 71.43% increase from the stock price at the time of the forecast ($5.25), and a 89.08% increase from XOS last price ($4.76).
Xos Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $9.00 | $9.00 | $14.00 |
| Last Closing Price | $4.76 | $4.76 | $4.76 |
| Upside/Downside | 89.08% | 89.08% | 194.12% |
In the current month, the average price target of Xos stock is $9.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 89.08% increase as opposed to Xos's last price of $4.76. This month's average price target is down 0.00% compared to last quarter, and down -35.71% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 14, 2022 | Goldman Sachs | Neutral | Neutral | Hold |
Xos's last stock rating was published by Goldman Sachs on Nov 14, 2022. The company gave XOS a "Neutral" rating, the same as its previous rate.
Xos Financial Forecast
Xos Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $18.38M | $16.70M | $4.75M | $4.70M | $8.57M | $11.01M | $9.77M | $7.03M | $3.30M | $357.00K | $596.00K | - |
| Avg Forecast | $42.96M | $40.03M | $26.77M | $24.30M | $26.79M | $23.40M | $16.54M | $15.72M | $16.97M | $18.22M | $10.71M | $8.95M | $12.22M | $10.31M | $10.04M | $5.28M | $2.76M | $3.59M | $764.00K | $1.00M |
| High Forecast | $45.53M | $42.43M | $28.37M | $25.75M | $28.39M | $25.36M | $17.53M | $16.66M | $17.89M | $19.31M | $11.35M | $9.49M | $12.95M | $10.92M | $10.76M | $5.66M | $2.95M | $3.84M | $818.68K | $1.07M |
| Low Forecast | $38.18M | $35.59M | $23.80M | $21.60M | $23.81M | $21.43M | $14.71M | $13.97M | $16.05M | $16.19M | $9.52M | $7.96M | $10.87M | $9.16M | $9.06M | $4.76M | $2.49M | $3.24M | $689.27K | $902.19K |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.08% | 0.92% | 0.44% | 0.52% | 0.70% | 1.07% | 0.97% | 1.33% | 1.20% | 0.10% | 0.78% | - |
Xos's average Quarter revenue forecast for Mar 24 based on 1 analysts is $15.72M, with a low forecast of $13.97M, and a high forecast of $16.66M. XOS's average Quarter revenue forecast represents a -14.45% decrease compared to the company's last Quarter revenue of $18.38M (Dec 23).
Xos EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $-11.83M | $-12.63M | $-20.48M | $-19.88M | $-35.51M | $-38.70M | $-45.63M | $-25.64M | $11.55M | $35.30M | $-8.86M | - |
| Avg Forecast | $-42.96M | $-40.03M | $-26.77M | $-24.30M | $-26.79M | $-23.40M | $-16.54M | $-15.72M | $-16.97M | $-18.22M | $-10.71M | $-8.95M | $-12.22M | $-10.31M | $-10.04M | $-5.28M | $-2.76M | $-3.59M | $-764.00K | $-1.00M |
| High Forecast | $-38.18M | $-35.59M | $-23.80M | $-21.60M | $-23.81M | $-21.43M | $-14.71M | $-13.97M | $-16.05M | $-16.19M | $-9.52M | $-7.96M | $-10.87M | $-9.16M | $-9.06M | $-4.76M | $-2.49M | $-3.24M | $-689.27K | $-902.19K |
| Low Forecast | $-45.53M | $-42.43M | $-28.37M | $-25.75M | $-28.39M | $-25.36M | $-17.53M | $-16.66M | $-17.89M | $-19.31M | $-11.35M | $-9.49M | $-12.95M | $-10.92M | $-10.76M | $-5.66M | $-2.95M | $-3.84M | $-818.68K | $-1.07M |
| Surprise % | - | - | - | - | - | - | - | - | 0.70% | 0.69% | 1.91% | 2.22% | 2.91% | 3.75% | 4.54% | 4.86% | -4.19% | -9.84% | 11.60% | - |
1 analysts predict XOS's average Quarter EBITDA for Mar 22 to be $-5.28M, with a high of $-4.76M and a low of $-5.66M. This is -145.71% lower than Xos's previous annual EBITDA (Dec 21) of $11.55M.
Xos Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $-13.83M | $-14.11M | $-23.58M | $-24.33M | $-19.69M | $-15.35M | $-9.47M | $-21.19M | $11.44M | $34.90M | $-9.16M | - |
| Avg Forecast | $-5.31M | $-5.70M | $-9.28M | $-9.79M | $-9.73M | $-10.41M | $-14.10M | $-16.79M | $-11.17M | $-21.23M | $-25.95M | $-26.54M | $-32.09M | $-35.39M | $-33.82M | $-26.89M | $-29.73M | $38.77M | $-29.49M | $-9.44M |
| High Forecast | $-4.54M | $-4.88M | $-7.94M | $-8.38M | $-8.32M | $-7.94M | $-12.07M | $-14.36M | $-9.55M | $-18.17M | $-22.20M | $-22.71M | $-27.45M | $-30.28M | $-29.52M | $-23.48M | $-25.95M | $46.53M | $-25.74M | $-8.24M |
| Low Forecast | $-5.72M | $-6.14M | $-10.00M | $-10.55M | $-10.48M | $-12.88M | $-15.20M | $-18.10M | $-12.04M | $-22.88M | $-27.97M | $-28.61M | $-34.58M | $-38.14M | $-36.96M | $-29.40M | $-32.49M | $31.02M | $-32.23M | $-10.31M |
| Surprise % | - | - | - | - | - | - | - | - | 1.24% | 0.66% | 0.91% | 0.92% | 0.61% | 0.43% | 0.28% | 0.79% | -0.38% | 0.90% | 0.31% | - |
Xos's average Quarter net income forecast for Mar 22 is $-26.89M, with a range of $-29.40M to $-23.48M. XOS's average Quarter net income forecast represents a -335.12% decrease compared to the company's last Quarter net income of $11.44M (Dec 21).
Xos SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $9.01M | $10.09M | $11.58M | $13.40M | $11.76M | $11.81M | $15.05M | $13.35M | $9.81M | $10.76M | $6.17M | - |
| Avg Forecast | $120.33M | $112.15M | $75.00M | $68.06M | $75.03M | $65.56M | $46.34M | $44.04M | $47.54M | $51.03M | $30.00M | $25.07M | $34.24M | $28.88M | $28.13M | $14.79M | $7.72M | $10.05M | $2.14M | $2.80M |
| High Forecast | $127.53M | $118.86M | $79.48M | $72.13M | $79.52M | $71.04M | $49.12M | $46.67M | $50.11M | $54.08M | $31.79M | $26.57M | $36.29M | $30.60M | $30.15M | $15.84M | $8.28M | $10.77M | $2.29M | $3.00M |
| Low Forecast | $106.96M | $99.69M | $66.66M | $60.50M | $66.70M | $60.05M | $41.19M | $39.14M | $44.97M | $45.36M | $26.67M | $22.28M | $30.44M | $25.67M | $25.38M | $13.34M | $6.97M | $9.06M | $1.93M | $2.53M |
| Surprise % | - | - | - | - | - | - | - | - | 0.19% | 0.20% | 0.39% | 0.53% | 0.34% | 0.41% | 0.54% | 0.90% | 1.27% | 1.07% | 2.88% | - |
Xos's average Quarter SG&A projection for Mar 24 is $44.04M, based on 1 Wall Street analysts, with a range of $39.14M to $46.67M. The forecast indicates a 388.66% rise compared to XOS last annual SG&A of $9.01M (Dec 23).
Xos EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $-2.33 | $-0.08 | $-0.14 | $-0.14 | $-0.12 | $-0.09 | $-0.06 | $-0.13 | $0.10 | $0.31 | $-0.06 | - |
| Avg Forecast | $-0.68 | $-0.72 | $-1.18 | $-1.25 | $-1.24 | $-1.32 | $-1.79 | $-2.13 | $-1.42 | $-2.70 | $-3.30 | $-3.38 | $-4.08 | $-4.50 | $-4.30 | $-3.42 | $-3.78 | $-2.10 | $-3.75 | $-1.20 |
| High Forecast | $-0.58 | $-0.62 | $-1.01 | $-1.07 | $-1.06 | $-1.01 | $-1.53 | $-1.83 | $-1.21 | $-2.31 | $-2.82 | $-2.89 | $-3.49 | $-3.85 | $-3.75 | $-2.99 | $-3.30 | $-1.83 | $-3.27 | $-1.05 |
| Low Forecast | $-0.73 | $-0.78 | $-1.27 | $-1.34 | $-1.33 | $-1.64 | $-1.93 | $-2.30 | $-1.53 | $-2.91 | $-3.56 | $-3.64 | $-4.40 | $-4.85 | $-4.70 | $-3.74 | $-4.13 | $-2.30 | $-4.10 | $-1.31 |
| Surprise % | - | - | - | - | - | - | - | - | 1.64% | 0.03% | 0.04% | 0.04% | 0.03% | 0.02% | 0.01% | 0.04% | -0.03% | -0.15% | 0.02% | - |
According to 1 Wall Street analysts, Xos's projected average Quarter EPS for Mar 22 is $-3.42, with a low estimate of $-3.74 and a high estimate of $-2.99. This represents a -3520.00% decrease compared to XOS previous annual EPS of $0.10 (Dec 21).
Xos Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| IDEX | Ideanomics | $0.20 | $1.00 | 400.00% | Hold |
| SHYF | Shyft Group | $12.75 | $35.00 | 174.51% | Strong Buy |
| LEV | Lion Electric Company | $0.75 | $1.80 | 140.00% | Hold |
| HYFM | Hydrofarm Group | $0.70 | $1.50 | 114.29% | Hold |
| XOS | Xos | $4.76 | $9.13 | 91.81% | Hold |
| NKLA | Nikola | $5.40 | $9.57 | 77.22% | Buy |
| HY | Hyster-Yale Materials Handling | $59.68 | $90.00 | 50.80% | Buy |
| MTW | Manitowoc Company | $9.68 | $12.75 | 31.71% | Buy |
| WNC | Wabash National | $19.33 | $23.25 | 20.28% | Hold |
| LNN | Lindsay | $120.41 | $138.50 | 15.02% | Buy |
| OSK | Oshkosh | $100.37 | $111.40 | 10.99% | Buy |
| TEX | Terex | $51.42 | $54.90 | 6.77% | Hold |
| REVG | REV Group | $27.64 | $19.60 | -29.09% | Buy |
XOS Forecast FAQ
Is Xos a good buy?
No, according to 1 Wall Street analysts, Xos (XOS) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of XOS's total ratings.
What is XOS's price target?
Xos (XOS) average price target is $9.13 with a range of $2.4 to $16, implying a 91.81% from its last price of $4.76. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Xos stock go up soon?
According to Wall Street analysts' prediction for XOS stock, the company can go up by 91.81% (from the last price of $4.76 to the average price target of $9.13), up by 236.13% based on the highest stock price target, and down by -49.58% based on the lowest stock price target.
Can Xos stock reach $7?
XOS's average twelve months analyst stock price target of $9.13 supports the claim that Xos can reach $7 in the near future.
What is Xos's current price target trend?
1 Wall Street analyst forecast a $9 price target for Xos (XOS) this month, up 89.08% from its last price of $4.76. Compared to the last 3 and 12 months, the average price target increased by 89.08% and increased by 194.12%, respectively.
What are Xos's analysts' financial forecasts?
Xos's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $82.45M (high $87.94M, low $73.92M), average EBITDA is $-82.452M (high $-73.923M, low $-87.943M), average net income is $-51.024M (high $-42.687M, low $-56.654M), average SG&A $230.97M (high $246.35M, low $207.08M), and average EPS is $-6.488 (high $-5.428, low $-7.204). XOS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $134.06M (high $142.08M, low $119.16M), average EBITDA is $-134M (high $-119M, low $-142M), average net income is $-30.08M (high $-25.735M, low $-32.419M), average SG&A $375.54M (high $398.01M, low $333.81M), and average EPS is $-3.825 (high $-3.273, low $-4.122).
Did the XOS's actual financial results beat the analysts' financial forecasts?
Based on Xos's last annual report (Dec 2023), the company's revenue was $44.52M, which missed the average analysts forecast of $54.85M by -18.82%. Apple's EBITDA was $-64.965M, beating the average prediction of $-54.846M by 18.45%. The company's net income was $-75.843M, missing the average estimation of $-84.892M by -10.66%. Apple's SG&A was $44.09M, missing the average forecast of $153.64M by -71.31%. Lastly, the company's EPS was $-13.11, beating the average prediction of $-10.795 by 21.45%. In terms of the last quarterly report (Dec 2023), Xos's revenue was $18.38M, beating the average analysts' forecast of $16.97M by 8.28%. The company's EBITDA was $-11.828M, missing the average prediction of $-16.97M by -30.30%. Xos's net income was $-13.827M, beating the average estimation of $-11.167M by 23.82%. The company's SG&A was $9.01M, missing the average forecast of $47.54M by -81.04%. Lastly, the company's EPS was $-2.33, beating the average prediction of $-1.42 by 64.08%