Xos downgraded by Northland Capital with a new price target
$XOS
Auto Parts:O.E.M.
Consumer Discretionary
Northland Capital downgraded Xos from Outperform to Market Perform and set a new price target of $5.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/25/2024 | $5.00 | Outperform → Market Perform | Northland Capital |
| 10/23/2024 | $15.00 | Buy | ROTH MKM |
| 8/16/2024 | $17.00 → $9.00 | Buy → Neutral | DA Davidson |
| 4/1/2024 | $17.00 | Neutral → Buy | DA Davidson |
| 3/30/2023 | $0.60 | Outperform → Market Perform | Northland Capital |
| 6/3/2022 | $5.00 | Outperform | Northland Capital |
| 12/17/2021 | $3.00 → $2.50 | Underperform | B of A Securities |
| 12/8/2021 | $3.00 | Underperform | BofA Securities |
Xos (NASDAQ:XOS) reported quarterly losses of $(1.80) per share which beat the analyst consensus estimate of $(2.25) by 20 percent. This is a 58.33 percent increase over losses of $(4.32) per share from the same period last year. The company reported quarterly sales of $13.162 million which missed the analyst consensus estimate of $15.720 million by 16.27 percent. This is a 180.22 percent increase over sales of $4.697 million the same period last year.
The HVIP incentive, starting at a base amount of $85,000, offers Xos a significant opportunity to provide their innovative 2024 Xos SV Battery-Electric Stepvan at a reduced upfront cost to customers.
Gainers Energy Focus (NASDAQ:EFOI) shares moved upwards by 21.9% to $1.95 during Thursday's pre-market session. The market value of their outstanding shares is at $9.2 million. Xos (NASDAQ:XOS) stock increased by 12.27% to $9.63. The company's market cap stands at $74.6 million. Babcock & Wilcox (NYSE:BW) shares moved upwards by 12.03% to $1.21. The market value of their outstanding shares is at $108.2 million. CEA Industries (NASDAQ:CEAD) stock increased by 10.89% to $0.57. The market value of their outstanding shares is at $4.6 million. VirTra (NASDAQ:VTSI) stock rose 6.62% to $14.1. The market value of their outstanding shares is at $156.6 million. ShiftPixy (NASDAQ:PIXY) stock move
10-Q - Xos, Inc. (0001819493) (Filer)
8-K - Xos, Inc. (0001819493) (Filer)
EFFECT - Xos, Inc. (0001819493) (Filer)
LOS ANGELES, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS), a leader in the electrification of fleets, is excited to announce a purchase order from Crown Linen Service, Inc., a leading provider of linen and uniform rental services. Crown Linen has ordered two fully electric 22' stepvans, reflecting its commitment to sustainability and reducing its environmental impact. "We are thrilled to partner with XOS, Inc. in our journey towards a greener future," said Plato Spilios, Co-President of Crown Linen Service, Inc. "Integrating electric vehicles into our fleet is a crucial part of our strategy to provide environmentally responsible services to our customers while maintaining th
LOS ANGELES, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights: Generated revenues of $15.8 million, up from $15.5 million last quarter and down from $16.7 million in the third quarter of 2023Delivered 94 units, up from 90 units last quarter and down from 105 units in the third quarter of 2023Achieved gross margins of 18.1%, up from 13.1% last quarter, and up from 11.9% in the third quarter of 2023Began serial production in Tennessee of Xos Hub, the company's multi-EV mobi
LOS ANGELES, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS), a leading electric truck manufacturer and fleet services provider, announced it is scheduling the release of its third quarter 2024 operating results for Wednesday, November 13, 2024 after the close of the U.S. financial markets. Management will host a conference call to discuss these financial results at 4:30 p.m. Eastern Daylight Time / 1:30 p.m. Pacific Daylight Time that same day. Conference Call and Webcast Details Date / Time:Wednesday, November 13, 2024, at 4:30 p.m. EDT / 1:30 p.m. PDTWebcast: https://viavid.webcasts.com/starthere.jsp?ei=1696121&tp_key=408c3c7d8a U.S. Toll-Free Dial In: 1-833-81
LOS ANGELES, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights: Generated revenues of $15.8 million, up from $15.5 million last quarter and down from $16.7 million in the third quarter of 2023Delivered 94 units, up from 90 units last quarter and down from 105 units in the third quarter of 2023Achieved gross margins of 18.1%, up from 13.1% last quarter, and up from 11.9% in the third quarter of 2023Began serial production in Tennessee of Xos Hub, the company's multi-EV mobi
LOS ANGELES, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS), a leading electric truck manufacturer and fleet services provider, announced it is scheduling the release of its third quarter 2024 operating results for Wednesday, November 13, 2024 after the close of the U.S. financial markets. Management will host a conference call to discuss these financial results at 4:30 p.m. Eastern Daylight Time / 1:30 p.m. Pacific Daylight Time that same day. Conference Call and Webcast Details Date / Time:Wednesday, November 13, 2024, at 4:30 p.m. EDT / 1:30 p.m. PDTWebcast: https://viavid.webcasts.com/starthere.jsp?ei=1696121&tp_key=408c3c7d8a U.S. Toll-Free Dial In: 1-833-81
Achieved 45% quarter-over-quarter and 137% year-over-year growth in unit deliveries Achieved 18% quarter-over-quarter and 227% year-over-year revenue growth Delivered fourth consecutive quarter of positive gross margins Reaffirming annual guidance of the remainder of the year LOS ANGELES, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights: Generated revenues of $15.5 million, up from $13.2 million last quarter and $4.8 million in the second quarter of 20
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4 - Xos, Inc. (0001819493) (Issuer)
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LOS ANGELES, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS), a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced that Stuart Bernstein has joined the Board of Directors (the "Board"), effective October 20th. Mr. Bernstein will serve as a member of the Audit and Compensation committees. Mr. Bernstein will be a Class III director and will serve until the Annual meeting of stockholders in 2024, or such later time if he stands for re-election as a Board member and is re-elected. Mr. Bernstein will replace Ms. Sara Mathew, a current Class III director, who will be
Northland Capital downgraded Xos from Outperform to Market Perform and set a new price target of $5.00
ROTH MKM initiated coverage of Xos with a rating of Buy and set a new price target of $15.00
DA Davidson downgraded Xos from Buy to Neutral and set a new price target of $9.00 from $17.00 previously