Xos
About: Xos Inc is an electric mobility company. It designs and develops fully electric battery mobility systems specifically for commercial fleets. The company's primary focus is on medium- and heavy-duty commercial vehicles that travel on last mile routes. The company leverages its proprietary technologies to provide commercial fleets zero emission vehicles that are easier to maintain and more cost-efficient on a total cost of ownership basis than internal combustion engine and commercial EV counterparts.
Employees: 161
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.62% more ownership
Funds ownership: 2.22% [Q2] → 2.84% (+0.62%) [Q3]
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
9% less funds holding
Funds holding: 32 [Q2] → 29 (-3) [Q3]
14% less capital invested
Capital invested by funds: $1.2M [Q2] → $1.03M (-$171K) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Northland Capital Markets Ted Jackson 40% 1-year accuracy 4 / 10 met price target | 56%upside $5 | Market Perform Downgraded | 25 Nov 2024 |
Roth MKM Craig Irwin 31% 1-year accuracy 8 / 26 met price target | 369%upside $15 | Buy Initiated | 23 Oct 2024 |