XOS (NASDAQ:XOS) Shares Up 12.2% – Here’s Why

Posted by Brenda Bartman on Aug 7th, 2026

Xos, Inc. (NASDAQ:XOS – Get Free Report)’s stock price rose 12.2% during mid-day trading on Wednesday . The stock traded as high as $3.04 and last traded at $2.95. Approximately 1,519,591 shares traded hands during mid-day trading, an increase of 1,111% from the average daily volume of 125,477 shares. The stock had previously closed at $2.63.

Analyst Upgrades and Downgrades

Several brokerages have commented on XOS. Zacks Research upgraded shares of XOS from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Wall Street Zen upgraded shares of XOS to a “hold” rating in a report on Sunday, July 12th. Finally, Weiss Ratings downgraded shares of XOS from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $7.00.

Read Our Latest Analysis on XOS

XOS Stock Up 4.6%

The company has a debt-to-equity ratio of 0.51, a current ratio of 1.89 and a quick ratio of 0.90. The firm’s 50-day moving average price is $2.90 and its 200 day moving average price is $2.34. The firm has a market capitalization of $37.73 million, a price-to-earnings ratio of -1.39 and a beta of 1.76.

XOS (NASDAQ:XOS – Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.43) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.72) by $0.29. XOS had a negative return on equity of 86.90% and a negative net margin of 39.13%.The firm had revenue of $11.23 million during the quarter, compared to the consensus estimate of $6.22 million. Sell-side analysts expect that Xos, Inc. will post -2.29 EPS for the current year.

Insiders Place Their Bets

In related news, major shareholder Emerald Green Trust sold 280,040 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $5.24, for a total value of $1,467,409.60. Following the completion of the transaction, the insider owned 1,161,229 shares of the company’s stock, valued at approximately $6,084,839.96. The trade was a 19.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders have sold 412,272 shares of company stock valued at $2,240,161. Insiders own 20.70% of the company’s stock.

Institutional Investors Weigh In On XOS

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Two Sigma Investments LP acquired a new stake in XOS during the third quarter worth approximately $331,000. Geode Capital Management LLC grew its position in shares of XOS by 29.9% in the fourth quarter. Geode Capital Management LLC now owns 71,145 shares of the company’s stock valued at $129,000 after purchasing an additional 16,357 shares during the period. DRW Securities LLC purchased a new stake in shares of XOS in the fourth quarter valued at $33,000. Finally, Citadel Advisors LLC acquired a new position in XOS in the third quarter valued at $27,000. 12.86% of the stock is currently owned by hedge funds and other institutional investors.

XOS Company Profile

(Get Free Report)

Xos, Inc (NASDAQ: XOS) is a U.S.-based manufacturer of commercial electric vehicles, offering Class 5 through Class 8 electric trucks, chassis and proprietary battery systems. The company’s core business spans vehicle design, powertrain integration, battery management and telematics, aimed at supporting last-mile delivery, beverage distribution and vocational fleets. Xos combines modular vehicle architectures with advanced software to deliver route-optimized performance and zero-emission operation for commercial customers.

Founded in 2016 as a spin-off from a specialty vehicle division, Xos designs, engineers and assembles its electric trucks at a manufacturing facility in Morristown, Tennessee, while maintaining research and development operations in California.