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Xos Inc (XOS)



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Upturn Advisory Summary
05/27/2025: XOS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $6
1 Year Target Price $6
1 | Strong Buy |
1 | Buy |
1 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -82.65% | Avg. Invested days 14 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 25.10M USD | Price to earnings Ratio - | 1Y Target Price 6 |
Price to earnings Ratio - | 1Y Target Price 6 | ||
Volume (30-day avg) 3 | Beta 1.66 | 52 Weeks Range 2.73 - 9.15 | Updated Date 06/30/2025 |
52 Weeks Range 2.73 - 9.15 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -6.15 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-06-24 | When After Market | Estimate -0.94 | Actual -2.3626 |
Profitability
Profit Margin -101.36% | Operating Margin (TTM) -157.66% |
Management Effectiveness
Return on Assets (TTM) -25.21% | Return on Equity (TTM) -106.56% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 63222309 | Price to Sales(TTM) 0.52 |
Enterprise Value 63222309 | Price to Sales(TTM) 0.52 | ||
Enterprise Value to Revenue 1.3 | Enterprise Value to EBITDA -0.81 | Shares Outstanding 8311690 | Shares Floating 6138351 |
Shares Outstanding 8311690 | Shares Floating 6138351 | ||
Percent Insiders 56.1 | Percent Institutions 2.79 |
Analyst Ratings
Rating 2 | Target Price 6 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Xos Inc
Company Overview
History and Background
Xos Inc., formerly Thor Trucks, was founded in 2016. The company designs and manufactures electric commercial vehicles, powertrains, and battery systems. It went public via a SPAC merger with NextGen Acquisition Corp. in 2021.
Core Business Areas
- Electric Vehicle Manufacturing: Designs, engineers, and manufactures fully electric commercial vehicles, including medium-duty and heavy-duty trucks.
- Battery Systems: Develops and produces battery packs and energy storage solutions specifically for commercial electric vehicles.
- Powertrain Systems: Creates and integrates electric powertrain systems for commercial vehicle applications.
Leadership and Structure
Dakota Semler is the CEO and co-founder. The company has a typical corporate structure with departments for engineering, manufacturing, sales, and finance. The Board consists of both company founders and external investors.
Top Products and Market Share
Key Offerings
- Xos HDXT: A Class 8 heavy-duty electric truck designed for regional hauling and drayage. Limited market share reported to date due to production constraints. Competitors include Tesla (TSLA) Semi, Nikola (NKLA) Tre, and established diesel truck manufacturers offering electric alternatives.
- Xos MDXT: A Class 6/7 medium-duty electric truck designed for last-mile delivery and vocational applications. Market share is emerging in niche markets. Competitors include Ford (F) E-Transit (converted to truck), BrightDrop (GM) Zevo, and Workhorse (WKHS).
- Xos Hub: A mobile charging station designed for electrifying vehicle fleets. Market share not specified, but serves as a critical element in overall market offerings to increase adoption for Fleets. Competitors include ABB, ChargePoint, and Tesla.
Market Dynamics
Industry Overview
The commercial electric vehicle industry is experiencing rapid growth, driven by increasing demand for zero-emission transportation, government incentives, and advancements in battery technology. However, challenges remain, including high upfront costs, limited charging infrastructure, and range anxiety.
Positioning
Xos Inc. is positioned as a provider of purpose-built electric vehicles and solutions for commercial fleets. It focuses on offering a complete ecosystem, including vehicles, charging infrastructure, and service support. The company is trying to gain traction with customized vehicles. Competitive advantage is focused on total cost of ownership.
Total Addressable Market (TAM)
The TAM for electric commercial vehicles is projected to reach hundreds of billions of dollars in the coming years. Xos Inc. aims to capture a share of this market by focusing on specific niche applications and offering integrated solutions.
Upturn SWOT Analysis
Strengths
- Purpose-built electric commercial vehicles
- Integrated solutions (vehicles, charging, service)
- Focus on total cost of ownership
- Early mover advantage in specific segments
Weaknesses
- Limited production capacity
- High operating losses
- Small market share
- Dependence on limited number of suppliers
Opportunities
- Government incentives and regulations supporting EV adoption
- Growing demand for zero-emission transportation
- Expansion of charging infrastructure
- Partnerships with fleet operators
Threats
- Competition from established OEMs
- Supply chain disruptions
- Technological advancements by competitors
- Economic downturn
Competitors and Market Share
Key Competitors
- TSLA
- NKLA
- F
- GM
- WKHS
Competitive Landscape
Xos Inc. faces intense competition from established OEMs and other EV startups. Its advantages include its focus on specific niche applications and its integrated solutions. Its disadvantages include its limited production capacity and financial resources.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been minimal due to production constraints and limited market penetration.
Future Projections: Analyst projections are highly variable and depend on the company's ability to ramp up production and secure new orders.
Recent Initiatives: Recent initiatives include expanding production capacity, securing partnerships with fleet operators, and developing new vehicle models.
Summary
Xos Inc. is a relatively new company in the competitive electric vehicle market, focusing on commercial vehicles. While it offers integrated solutions and targets niche markets, its limited production and financial losses present significant challenges. Overcoming these hurdles will be crucial for sustained growth and success in the evolving EV landscape. Xos must focus on efficiency to make the best of their cash on hand.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry News
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Xos Inc
Exchange NASDAQ | Headquaters Los Angeles, CA, United States | ||
IPO Launch date 2021-08-20 | Co-Founder, CEO & Chairman Mr. Dakota Semler | ||
Sector Industrials | Industry Farm & Heavy Construction Machinery | Full time employees 109 | Website https://www.xostrucks.com |
Full time employees 109 | Website https://www.xostrucks.com |
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, as well as engages in the 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 comprehensive charging infrastructure business that offers mobile and stationary multi-application chargers, mobile energy storage, and turnkey energy infrastructure services to accelerate client transitions to electric fleets; Xos Hub, a rapid-deployment mobile charger designed to expedite fleet transitions to electric vehicles; and Xosphere, a platform that interconnects vehicle, maintenance, charging, and service data to improve overall customer experience. Further, it offers, X-Platform, a high-voltage architecture with a focus on the medium-duty commercial vehicle segment and commercial fleet operations, and foundation of Xos vehicle products; and vehicle control software, which include powertrain controls, body controls, and instrument cluster and infotainment and Xosphere software. Xos, Inc. was founded in 2016 and is headquartered in Los Angeles, California.
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