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Xos ( (XOS) ) has shared an announcement.
On August 8, 2025, Xos, Inc. and Aljomaih Automotive Co. amended their Note Purchase Agreement and Convertible Promissory Note, imposing a limit on the issuance of common stock as interest payments. The agreement, effective August 14, 2025, restricts the issuance of shares to 1,737,247, representing 19.99% of Xos’s outstanding shares as of August 8, 2025, with excess interest payable by August 11, 2026, or upon shareholder approval.
The most recent analyst rating on (XOS) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Xos stock, see the XOS Stock Forecast page.
Spark’s Take on XOS Stock
According to Spark, TipRanks’ AI Analyst, XOS is a Neutral.
Xos’s overall score reflects strong revenue growth and recent positive corporate developments, but ongoing operational losses and valuation challenges weigh heavily. The technical analysis suggests neutral momentum, while the earnings call and corporate events provide some optimism for future improvements.
To see Spark’s full report on XOS stock, click here.
More about Xos
Average Trading Volume: 24,637
Technical Sentiment Signal: Sell
Current Market Cap: $28.01M
See more insights into XOS stock on TipRanks’ Stock Analysis page.