Xos (XOS) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

XOS Stock Forecast

Xos stock forecast is as follows: an average price target of $9.00 (represents a 188.46% upside from XOS’s last price of $3.12) 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 $9.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $9.00. This represents a potential 188.46% upside from XOS's last price of $3.12.

XOS Analyst Ratings

Hold

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%	188.46%
May 16, 2024	Donovan Schafer	Northland Securities	$16.00	$8.68	84.33%	412.82%
Apr 01, 2024	Michael Shlisky	D.A. Davidson	$17.00	$10.24	66.02%	444.87%
Nov 14, 2022		Goldman Sachs	$2.40	$0.96	150.00%	-23.08%

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 188.46% increase from XOS last price ($3.12).

Xos Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	3
Avg Price Target	-	-	$14.00
Last Closing Price	$3.12	$3.12	$3.12
Upside/Downside	-100.00%	-100.00%	348.72%

In the current month, the average price target of Xos stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Xos's last price of $3.12. This month's average price target is down NaN% compared to last quarter, and down -100.00% 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	$35.03M	$27.85M	$21.77M	$17.80M	$17.80M	$22.80M	$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	$45.29M	$36.00M	$28.15M	$21.99M	$20.52M	$29.48M	$16.54M	$15.72M	$17.89M	$18.34M	$13.85M	$11.57M	$15.80M	$10.31M	$10.04M	$5.28M	$2.76M	$3.59M	$764.00K	$1.00M
Low Forecast	$25.60M	$20.35M	$15.91M	$12.90M	$16.32M	$16.67M	$16.54M	$15.72M	$16.05M	$18.10M	$7.83M	$6.54M	$8.93M	$10.31M	$10.04M	$5.28M	$2.76M	$3.59M	$764.00K	$1.00M
# Analysts	1	1	1	3	3	1	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 $15.72M, and a high forecast of $15.72M. 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	1	1	3	3	1	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	$-35.03M	$-27.85M	$-21.77M	$-17.80M	$-17.80M	$-22.80M	$-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	$-25.60M	$-20.35M	$-15.91M	$-12.90M	$-16.32M	$-16.67M	$-16.54M	$-15.72M	$-16.05M	$-18.10M	$-7.83M	$-6.54M	$-8.93M	$-10.31M	$-10.04M	$-5.28M	$-2.76M	$-3.59M	$-764.00K	$-1.00M
Low Forecast	$-45.29M	$-36.00M	$-28.15M	$-21.99M	$-20.52M	$-29.48M	$-16.54M	$-15.72M	$-17.89M	$-18.34M	$-13.85M	$-11.57M	$-15.80M	$-10.31M	$-10.04M	$-5.28M	$-2.76M	$-3.59M	$-764.00K	$-1.00M
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 $-5.28M and a low of $-5.28M. 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	1	1	3	3	1	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	$-4.67M	$-7.35M	$-9.34M	$-10.38M	$-10.54M	$-10.80M	$-14.32M	$-17.05M	$-11.34M	$-21.56M	$-26.35M	$-26.95M	$-32.57M	$-35.39M	$-33.82M	$-26.89M	$-29.73M	$38.77M	$-29.49M	$-9.44M
High Forecast	$-3.04M	$-4.78M	$-6.07M	$-6.75M	$-6.85M	$-7.02M	$-9.31M	$-11.08M	$-7.37M	$-14.02M	$-17.13M	$-17.52M	$-21.18M	$-35.39M	$-33.82M	$-26.89M	$-29.73M	$46.53M	$-29.49M	$-9.44M
Low Forecast	$-6.45M	$-10.14M	$-12.90M	$-14.33M	$-14.55M	$-14.91M	$-19.77M	$-23.54M	$-15.65M	$-29.77M	$-36.38M	$-37.21M	$-44.98M	$-35.39M	$-33.82M	$-26.89M	$-29.73M	$31.02M	$-29.49M	$-9.44M
Surprise %	-	-	-	-	-	-	-	-	1.22%	0.65%	0.89%	0.90%	0.60%	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 $-26.89M to $-26.89M. 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	1	1	3	3	1	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	$98.12M	$78.01M	$60.99M	$49.86M	$49.87M	$63.88M	$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	$126.87M	$100.86M	$78.85M	$61.60M	$57.47M	$82.59M	$46.34M	$44.04M	$50.11M	$51.36M	$38.79M	$32.41M	$44.27M	$28.88M	$28.13M	$14.79M	$7.72M	$10.05M	$2.14M	$2.80M
Low Forecast	$71.72M	$57.02M	$44.58M	$36.14M	$45.72M	$46.69M	$46.34M	$44.04M	$44.97M	$50.70M	$21.93M	$18.32M	$25.03M	$28.88M	$28.13M	$14.79M	$7.72M	$10.05M	$2.14M	$2.80M
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 $44.04M to $44.04M. 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	1	1	3	3	1	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	$-0.58	$-0.92	$-1.17	$-1.30	$-1.32	$-1.35	$-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	$-0.38	$-0.60	$-0.76	$-0.85	$-0.86	$-0.88	$-1.17	$-1.39	$-0.92	$-1.76	$-2.15	$-2.19	$-2.65	$-4.50	$-4.30	$-3.42	$-3.78	$-2.10	$-3.75	$-1.20
Low Forecast	$-0.81	$-1.27	$-1.62	$-1.80	$-1.82	$-1.87	$-2.48	$-2.95	$-1.96	$-3.73	$-4.56	$-4.66	$-5.63	$-4.50	$-4.30	$-3.42	$-3.78	$-2.10	$-3.75	$-1.20
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 $-3.42 and a high estimate of $-3.42. 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
NKLA	Nikola	$1.21	$13.00	974.38%	Buy
LEV	Lion Electric Company	$0.25	$1.00	300.00%	Hold
SHYF	Shyft Group	$12.54	$35.00	179.11%	Strong Buy
XOS	Xos	$3.44	$9.00	161.63%	Hold
HYFM	Hydrofarm Group	$0.62	$1.50	141.94%	Hold
HY	Hyster-Yale Materials Handling	$52.58	$90.00	71.17%	Buy
TEX	Terex	$47.29	$65.00	37.45%	Hold
MTW	Manitowoc Company	$9.35	$12.75	36.36%	Buy
REVG	REV Group	$32.60	$38.00	16.56%	Buy
LNN	Lindsay	$127.18	$138.50	8.90%	Buy
OSK	Oshkosh	$97.67	$105.00	7.50%	Buy
WNC	Wabash National	$18.27	$18.00	-1.48%	Hold

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 with a range of $9 to $9, implying a 188.46% from its last price of $3.12. 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 188.46% (from the last price of $3.12 to the average price target of $9), up by 188.46% based on the highest stock price target, and up by 188.46% based on the lowest stock price target.

Can Xos stock reach $5?

XOS's average twelve months analyst stock price target of $9 supports the claim that Xos can reach $5 in the near future.

What are Xos's analysts' financial forecasts?

Xos's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $72.87M (high $82.26M, low $65.25M), average EBITDA is $-72.869M (high $-65.252M, low $-82.261M), average net income is $-52.701M (high $-34.265M, low $-72.77M), average SG&A $204.13M (high $230.44M, low $182.79M), and average EPS is $-6.601 (high $-4.292, low $-9.114). XOS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $102.45M (high $131.43M, low $74.77M), average EBITDA is $-102M (high $-74.769M, low $-131M), average net income is $-31.736M (high $-20.634M, low $-43.822M), average SG&A $286.98M (high $368.18M, low $209.45M), and average EPS is $-3.975 (high $-2.584, low $-5.489).

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 $-86.187M by -12.00%. 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 $-11.337M by 21.96%. 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%