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Xos Inc has a consensus price target of $7.36 based on the ratings of 7 analysts. The high is $15 issued by Roth MKM on October 23, 2024. The low is $0.5 issued by Goldman Sachs on April 3, 2023. The 3 most-recent analyst ratings were released by Northland Capital Markets, Roth MKM, and DA Davidson on November 25, 2024, October 23, 2024, and August 16, 2024, respectively. With an average price target of $9.67 between Northland Capital Markets, Roth MKM, and DA Davidson, there's an implied 214.88% upside for Xos Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Xos (NASDAQ:XOS) was reported by Northland Capital Markets on November 25, 2024. The analyst firm set a price target for $5.00 expecting XOS to rise to within 12 months (a possible 62.87% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Xos (NASDAQ:XOS) was provided by Northland Capital Markets, and Xos downgraded their market perform rating.
The last upgrade for Xos Inc happened on April 1, 2024 when DA Davidson raised their price target to $17. DA Davidson previously had a neutral for Xos Inc.
The last downgrade for Xos Inc happened on November 25, 2024 when Northland Capital Markets changed their price target from $9 to $5 for Xos Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Xos, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Xos was filed on November 25, 2024 so you should expect the next rating to be made available sometime around November 25, 2025.
While ratings are subjective and will change, the latest Xos (XOS) rating was a downgraded with a price target of $9.00 to $5.00. The current price Xos (XOS) is trading at is $3.07, which is out of the analyst’s predicted range.
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