XOS (XOS) Projected to Post Quarterly Earnings on Friday

XOS (NASDAQ:XOS) is projected to release its earnings data after the market closes on Friday, March 28th. Analysts expect XOS to post earnings of ($1.13) per share and revenue of $20.89 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

XOS Trading Up 3.6 %

XOS opened at $3.71 on Friday. The stock has a market capitalization of $29.79 million, a PE ratio of -0.56 and a beta of 1.67. XOS has a 1-year low of $2.92 and a 1-year high of $12.61. The firm has a 50-day moving average price of $3.61 and a two-hundred day moving average price of $4.03.

Analysts Set New Price Targets

Several research firms have weighed in on XOS. Northland Securities restated a “market perform” rating and issued a $5.00 price objective (down previously from $9.00) on shares of XOS in a research report on Monday, November 25th. Northland Capmk lowered shares of XOS from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 25th. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.25.

About XOS

Xos, Inc is an electric mobility company engaged in manufacturing electric trucks. The firm designs and develops fully electric battery mobility systems specifically for commercial fleets. The company was founded by Dakota Semler and Giordano Sordoni on July 29, 2020 and is headquartered in Los Angeles, CA.