Is XOS a good stock to buy?
Out of 5 analysts, 2 (40%) are recommending XOS as a Strong Buy, 1 (20%) are recommending XOS as a Buy, 1 (20%) are recommending XOS as a Hold, 1 (20%) are recommending XOS as a Sell, and 0 (0%) are recommending XOS as a Strong Sell. What is XOS's earnings growth forecast for 2022-2024?
Should I sell XOS stock?
There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" XOS stock.
What does XOS company do?
Xos is a leading manufacturer of fully electric, zero-emission medium- and heavy-duty commercial vehicles, powertrain components, and charging infrastructure.
Is XOS publicly traded?
Xos finished its first day trading under the new ticker XOS (previously NGAC) down by 14.5% from yesterday, before the transaction was officially complete. The company opened at $8.64 per share and wrapped regular trading today at $7.55.
What is the future of XOS stock?
Stock Price Forecast The 5 analysts offering 12-month price forecasts for Xos Inc have a median target of 6.00, with a high estimate of 11.00 and a low estimate of 2.25. The median estimate represents a +131.66% increase from the last price of 2.59.
Why is XOS stock dropping?
Investors haven't been enamored by the potential from Xos thus far, with its shares down nearly 60% since its public debut. Supply chain constraints and new battery development caused revenue to drop to just $357,000 in the company's third quarter, down significantly year over year.
When did XOS go public?
August 20, 2021Xos, Inc. began trading on the Nasdaq on August 20, 2021 under the ticker symbol “XOS” after completing a merger with NextGen Acquisition Corp. The completion of the business combination resulted in net proceeds of $216.7 million in cash (net of transaction costs and redemptions).
When did Xos trucks go public?
Aug. 20Xos, Inc., a manufacturer of fully electric Class 5 to Class 8 commercial vehicles, listed on NASDAQ under the new ticker symbol “XOS” on Aug. 20 after completing its merger with NextGen Acquisition Corp.
Is Xos trucks a good company to work for?
Is Xos Trucks a good company to work for? Xos Trucks has an overall rating of 4.4 out of 5, based on over 38 reviews left anonymously by employees. 83% of employees would recommend working at Xos Trucks to a friend and 87% have a positive outlook for the business.