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XOS
Upturn stock ratingUpturn stock rating

Xos Inc (XOS)

Upturn stock ratingUpturn stock rating
$3.4
Last Close (24-hour delay)
Profit since last BUY-15%
upturn advisory
WEAK BUY
BUY since 11 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

05/27/2025: XOS (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $6

1 Year Target Price $6

Analysts Price Target For last 52 week
$6Target price
Low$2.73
Current$3.4
high$9.15

Analysis of Past Performance

Type Stock
Historic Profit -82.65%
Avg. Invested days 14
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 05/27/2025

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 -

ai summary icon Upturn AI SWOT

Xos Inc

stock logo

Company Overview

overview logo 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.

business area logo 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 logo 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

overview logo 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 logo 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

competitor logo 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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 109

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.