Why Xos Shares Are Trading Higher By Around 9%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 31 2025
0mins
Source: Benzinga
Xos, Inc. Performance: Xos, Inc. shares rose 9% in pre-market trading after reporting a revenue increase to $56 million for 2024, up from $44.5 million in 2023, alongside improved gross margins and unit deliveries.
Market Movements: Several stocks experienced significant pre-market trading changes, with Treasure Global Inc. gaining 75.3% and Damon Inc. falling 48.3%, reflecting a mix of gains and losses across various companies.
Analyst Views on TILE
Wall Street analysts forecast TILE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TILE is 32.00 USD with a low forecast of 32.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 30.810
Low
32.00
Averages
32.00
High
32.00
Current: 30.810
Low
32.00
Averages
32.00
High
32.00
About TILE
Interface, Inc. is a global flooring company. The Company offers an integrated portfolio of carbon neutral carpet tile and resilient flooring products that includes Interface carpet tile and luxury vinyl tile (LVT), nora rubber flooring, and FLOR premium area rugs for commercial and residential spaces. Its segments include Americas (AMS) and Europe, Africa, Asia and Australia (EAAA). The AMS segment includes the United States, Canada and Latin America geographic areas. It markets modular carpets under the brand names Interface and FLOR. It produces carpet tiles in a range of colors, patterns, textures, pile heights and densities. These varieties are designed to meet both the practical and aesthetic needs of commercial interiors. The Company offers a category of products, namely modular resilient flooring, and its products include LVT. It offers rubber flooring products under the noraplan and norament brands, which are included in its resilient flooring portfolio.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
