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XOS

Xos Inc. Common Stock (XOS) fair value

Industrials · Farm & Heavy Construction Machinery · NASDAQ · United States
$2.72-1.09%
Market cap $39MNext earnings 2026-11-12Updated Oct 24, 2026
Add earnings to calendarGoogle
Our verdict
Trades 58% below our fair value
Price
$2.72
Model fair valueConfidence: medium
$6.54
Only one of our models could value this stock with confidence, so use it as a guide.
Not used by alerts or posts.
Valued as a cyclical company: Discounted cash flow.
ACCE opinionXos Inc. Common Stock (XOS)
Fair value (2 models)
Not available
ACCE price target
$2.16
Rating
Not rated
Horizon
12 months
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Price used: $2.72 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
36
out of 100
Analysts
50% buy
2 covering
1-year return
-1.4%
Dividend yield
0.00%

Xos Inc. Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Xos builds commercial electric trucks and the battery packs and powertrains that go into them, selling mainly to fleet operators in last-mile delivery and drayage. The structural case rests on electrifying urban freight, where duty cycles and fixed routes make electric trucks easier to justify than in long-haul work. Against that, revenue fell 74.2% over the latest period, gross margin is only 12.7%, and the operating margin of -167.7% means the cost base is several times the sales line, so the business is still a cash consumer rather than a compounder. The near-term catalyst would be evidence that order volume is converting into deliveries at positive unit economics, which the reported numbers do not yet show. At a roughly $43M market cap with no index membership and a score of 39/100, this reads as a distressed turnaround candidate, and it merits a deeper look only if the team sees a credible path to restored volume and a funded runway.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
  • severe
    Revenue collapse
    Revenue fell 74.2% year over year and 68.4% quarter over quarter, against a 77.1% five-year CAGR. Operating margin is -167.7% with an ROE of -94.6%.
  • high
    Heavy insider ownership, thin float
    Insiders hold 66.2% of shares and institutions only 4.9%, leaving a small free float. Short interest is 8.6%, so a thin float can amplify price moves.
  • high
    Trades above ACCE target
    The stock trades at $2.72, 25.9% above the ACCE price target of $2.16. The ACCE score sits at 36/100 and has slipped 1 point over 90 days.

AI research notes

AI-assisted·How I use AIWritten Oct 24, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Free cash flow over the last twelve months was $5M, so the business is not burning cash at the rate its losses suggest.
  • Revenue grew 77.1% a year on average over five years, showing the business has expanded substantially in the past.
  • The analysts' mean price target of $4.00 sits 47.1% above the current share price, implying upside in their view.
Why it could disappoint
  • Revenue fell 74.2% in the latest year over year, a sharp reversal of the earlier growth record.
  • Net margin of -51.7% and return on equity of -94.6% show the company is losing money relative to both sales and shareholder capital.
  • The diluted share count rose 24.8% last fiscal year, diluting existing shareholders' stake in the company.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 12, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where XOS's valuation models land
Price
$2.72
Model fair valueConfidence: medium
$6.54
Model
Fair value
Upside
Discounted cash flow
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See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.

Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Mixed50% buy · 2 covering analysts
● Strong buy 1● Buy 0● Hold 1● Sell 0● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-3.2%
1 month
+6.7%
3 months
+34.7%
6 months
+58.1%
YTD
+50.3%
1 year
-1.4%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
15 Oct 2026, 00:00 CESTACCE price target$2.16first publication$3.24
8 Oct 2026, 00:00 CESTFair value$4.45first publication$3.32

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth7Value37Quality22Momentum76Total36
Valuation
Trailing P/E
no data
Forward P/E
-0.7x
PEG
no data
P/B
1.59x
EV / Revenue
1.1x
Book value/sh
$1.62
Enterprise value
$41M
Profitability
ROE
-94.6%
FCF yield
13.87%
ROIC
-45.9%
Health and risk
Debt / equity
0.94
Dividend yield
0.00%
Beta
1.78

Price

-3.5% · 1Y

Ask anything about XOS

Answered from Xos Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
ROEbetter than 0% of peers
low -95%-95%high 9%
Div yieldbetter than 33% of peers
low 0.0%0.0%high 4.9%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
XOS Xos Inc. Common Stock$2.72----94.6%2236
TWI Titan International Inc. (DE) Common Stock$6.76----13.9%2229
HY Hyster-Yale Inc. Class A common stock$28.92----23.6%2226
WNC Wabash National Corporation Common Stock$12.87$1934% below--22.9%2257
MTW Manitowoc Company Inc. (The) Common Stock$22.24$1546% above41.0x2.9%3462
MTU.PA Manitou BF SA€19.54€3748% below10.8x9.0%4868
AEBI Aebi Schmidt Holding AG Common Stock $11.05--36.1x3.6%3448

Sector report card

Where XOS ranks against its sector peers on each metric.

Computing percentiles…
  • GlobeNewswire•Sep 16, 2026
    Xos Brings Grid-Independent Mobile Charging to Public Transit Leaders at APTA TRANSform 2026
  • GlobeNewswire•Sep 1, 2026
    Xos Hub Surpasses One Gigawatt-Hour of Energy Delivered in the Field
  • GlobeNewswire•Aug 26, 2026
    Xos Secures Follow-On Xos Hub™ Order from Xcel Energy to Provide Expedited and Flexible Fast Charging Opportunities for EVs in Colorado
9 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 13
Form 4Insider transactionPeriod 2026-10-10
View on SEC →
Oct 13
Form 4Insider transactionPeriod 2026-10-10
View on SEC →
Oct 13
Form 4Insider transactionPeriod 2026-10-10
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR