Sell 8/15/2023Downgrade
Xos, Inc. (XOS) was downgraded to E+ from D- on 8/15/2023 due to a decline in the efficiency index, solvency index and total return index. The quick ratio declined from 1.77 to 1.4, total capital declined 18.28% from $145.28M to $118.72M, and debt to equity increased from 0.53 to 0.61.

Sell 5/18/2023Upgraded
Xos, Inc. (XOS) was upgraded to D- from E+ on 5/18/2023 due to an increase in the efficiency index and growth index. Operating cash flow increased 31.47% from -$22.36M to -$15.33M, and EBIT increased 30.75% from -$28.92M to -$20.03M.

Sell 4/6/2023Downgrade
Xos, Inc. (XOS) was downgraded to E+ from D on 4/6/2023 due to a major decline in the efficiency index, solvency index and growth index. The quick ratio declined from 4.25 to 2.07, total revenue declined 22.14% from $11.01M to $8.57M, and total capital declined 11.78% from $198.4M to $175.02M.

Sell 3/6/2023Upgraded
Xos, Inc. (XOS) was upgraded to D from D- on 3/6/2023 due to an increase in the volatility index, total return index and valuation index.

Sell 11/14/2022Downgrade
Xos, Inc. (XOS) was downgraded to D- from D on 11/14/2022 due to a significant decline in the solvency index, efficiency index and volatility index. Debt to equity increased from 0.02 to 0.47, and net income declined 145.64% from -$9.47M to -$23.26M.

Sell 1/3/2022Upgraded
Xos, Inc. (XOS) was upgraded to D from D- on 1/3/2022 due to a significant increase in the solvency index and efficiency index. Total capital increased 494.61% from $27.41M to $162.97M, net income increased 481.04% from -$9.16M to $34.9M, and the quick ratio increased from 3.44 to 13.72.

Sell 11/3/2021None
Xos, Inc. (XOS) was downgraded to D- from U on 11/03/2021.