Expion360 shares surge 23.11% premarket on 71% revenue growth and new CEO appointment.
ByAinvest
Friday, Jan 30, 2026 4:15 am ET1min read
XPON--
Expion360 Inc. (XPON) surged 23.11% in premarket trading following the release of strong financial results and Zacks Investment Research’s initiation of coverage. The company reported a 71% year-over-year revenue increase to $9.6 million for 2025, with gross profit rising 83% to $2.2 million, driven by expanded OEM partnerships and RV market recovery. Zacks highlighted Expion360’s 104% nine-month revenue growth, 22.4% gross margin expansion, and technological differentiation via LiFePO4 batteries, despite cautioning about execution risks and cumulative losses. These developments, coupled with leadership changes and plans to expand into industrial sectors, fueled investor optimism, aligning with the stock’s sharp premarket rally.
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