Expion360, Inc. (XPON)
NASDAQ:XPON
Want to see XPON full AI Analyst Report?
Top Page
Expion360, Inc.
(NASDAQ:XPON)
Select Model
Select Model
Rating:41Neutral
Price Target:
$0.50
▼(-42.53% Downside)
Action:Reiterated
Date:05/16/26
The score is primarily weighed down by sustained losses and substantial cash burn, which imply continued financing and execution risk. Technicals also remain weak with the stock trading below all major moving averages and negative MACD, despite oversold readings. Valuation provides limited support because negative earnings make P/E less informative and no dividend yield is available.
Positive Factors
Niche market exposure
Expion360 serves focused end markets (RV, marine, off-grid, specialty vehicles) where mobile and remote power solutions are required. This niche positioning supports durable demand patterns, tailored product fit, and opportunities for repeat sales to specialized customers over time.
Negative Factors
Severe cash burn
Persistent negative operating and free cash flow consumes liquidity and typically necessitates external financing or equity dilution. Ongoing cash burn constrains the firm's ability to invest in manufacturing scale or R&D and increases execution and solvency risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Niche market exposure
Expion360 serves focused end markets (RV, marine, off-grid, specialty vehicles) where mobile and remote power solutions are required. This niche positioning supports durable demand patterns, tailored product fit, and opportunities for repeat sales to specialized customers over time.
Read all positive factors
Expion360, Inc. (XPON) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.97M
Dividend YieldN/A
Average Volume (3M)2.45M
Price to Earnings (P/E)―
Beta (1Y)1.69
Revenue Growth36.79%
EPS Growth98.35%
CountryUS
Employees20
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.91
Shares Outstanding11,438,298
10 Day Avg. Volume1,357,497
30 Day Avg. Volume2,452,371
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.57
Price to Sales (P/S)0.39
P/FCF Ratio-0.61
Enterprise Value/Market Cap-0.08
Enterprise Value/Revenue-0.05
Enterprise Value/Gross Profit-0.41
Enterprise Value/Ebitda0.07
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Expion360, Inc. Business Overview & Revenue Model
Company Description
Expion360 Inc. designs, assembles, manufactures, and sells lithium iron phosphate batteries and supporting accessories under the VPR 4EVER name for recreational vehicles, marine, golf, industrial, residential, and off-the-grid applications. It als...
How the Company Makes Money
Expion360 primarily makes money by selling LiFePO4 battery products and related power-system components to customers in its target end markets (notably RV and marine). Revenue is generated through product sales, which may occur via a mix of direct...
Expion360, Inc. Earnings Call Summary
Earnings Call Date:Aug 13, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Aug 06, 2026
Earnings Call Sentiment Positive
The earnings call highlights significant revenue growth and successful expansion into new markets, alongside improved financial performance. However, challenges remain with declining gross margins and ongoing net losses. The company is actively working to mitigate these challenges through strategic initiatives.Positive Updates
Record Revenue Growth
Revenue grew 134% year-over-year to $3 million and 46% sequentially from the first quarter of 2025, marking the sixth consecutive quarter of sequential revenue growth.
Negative Updates
Gross Margin Decline
Gross profit margin decreased from 25% to 21% compared to the prior year period, primarily due to product mix and ongoing tariff uncertainties.
Read all updates
Q2-2025 Updates
Positive
Negative
Record Revenue Growth
Revenue grew 134% year-over-year to $3 million and 46% sequentially from the first quarter of 2025, marking the sixth consecutive quarter of sequential revenue growth.
Read all positive updates
Company Guidance
During the Expion360 Second Quarter 2025 Financial Results Conference Call, the company provided robust guidance reflecting significant growth and strategic initiatives. Revenue for Q2 2025 surged by 134% year-over-year to $3 million, marking the sixth consecutive quarter of sequential revenue growth. The company reported a gross profit of $0.6 million, representing 21% of revenue, down from 25% the previous year due to product mix and tariff impacts. Despite these challenges, Expion360 reduced its net loss by 38% to $1.4 million, thanks to higher sales and decreased selling, administrative, and general expenses. The firm outlined its advancements in the Home Energy Storage Solutions (HESS) vertical, targeting a market forecasted to surpass $123 billion globally by 2029. Cash and cash equivalents increased to $0.7 million, while net cash used in operating activities decreased significantly. The company also highlighted its strategic inventory buildup to mitigate tariff impacts and its plans for further OEM market penetration, with over $5 million of inventory ready for sale.Expion360, Inc. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
9
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.17M | 9.65M | 5.62M | 5.98M | 7.16M | 4.52M |
| Gross Profit | 1.21M | 1.34M | 1.16M | 1.58M | 2.29M | 1.65M |
| EBITDA | -6.73M | -6.10M | -12.33M | -7.12M | -5.77M | -4.10M |
| Net Income | -6.85M | -6.24M | -13.48M | -7.46M | -7.54M | -4.72M |
Balance Sheet | ||||||
| Total Assets | 7.53M | 8.07M | 9.11M | 11.91M | 16.70M | 6.53M |
| Cash, Cash Equivalents and Short-Term Investments | 3.06M | 2.97M | 547.57K | 3.93M | 7.20M | 773.24K |
| Total Debt | 660.49K | 906.97K | 1.03M | 5.96M | 4.56M | 3.62M |
| Total Liabilities | 1.48M | 1.54M | 6.59M | 6.56M | 5.09M | 4.27M |
| Stockholders Equity | 6.05M | 6.54M | 2.52M | 5.35M | 11.61M | 2.26M |
Cash Flow | ||||||
| Free Cash Flow | -6.05M | -6.15M | -9.58M | -5.55M | -6.04M | -4.01M |
| Operating Cash Flow | -6.05M | -6.15M | -9.56M | -5.53M | -5.47M | -3.90M |
| Investing Cash Flow | 3.00K | 4.25K | 113.41K | 16.58K | -515.69K | -113.69K |
| Financing Cash Flow | 8.01M | 8.57M | 6.06M | 2.25M | 12.41M | 4.49M |
Expion360, Inc. Technical Analysis
Negative
0.87
Price Trends
0.65
Negative
0.72
Negative
1.02
Negative
Market Momentum
-0.05
Positive
28.76
Positive
14.86
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XPON, the sentiment is Negative. The current price of 0.87 is above the 20-day moving average (MA) of 0.64, above the 50-day MA of 0.65, and below the 200-day MA of 1.02, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 28.76 is Positive, neither overbought nor oversold. The STOCH value of 14.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for XPON.
Expion360, Inc. Risk Analysis
Expion360, Inc. disclosed 44 risk factors in its most recent earnings report. Expion360, Inc. reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Expion360, Inc. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | $36.76M | 83.09 | -39.87% | ― | -4.47% | 37.91% | |
52 Neutral | $83.63M | -2.17 | -94.91% | ― | 33.32% | 1.39% | |
43 Neutral | $24.76M | -1.12 | 209.00% | ― | ― | 72.29% | |
42 Neutral | $7.46M | -9.53 | -119.92% | ― | -54.67% | -107.48% | |
41 Neutral | $5.97M | -0.84 | -48.82% | ― | 36.79% | 98.35% |
* Industrials Sector Average
XPON
Expion360, Inc.
0.52
-0.29
-35.31%
OESX
Orion Energy Systems
9.88
2.93
42.16%
IPWR
Ideal Power
5.73
0.72
14.37%
POLA
Polar Power
2.06
0.26
14.44%
SDST
Stardust Power
2.65
-3.42
-56.34%
RAYA
Erayak Power Solution Group Incorporation Class A
3.17
-3,231.05
-99.90%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.