Canoo Inc. (GOEV)

NASDAQ: GOEV · Real-Time Price · USD
0.0856
-0.0087 (-9.23%)
At close: Dec 20, 2024, 4:00 PM
0.0864
+0.0008 (0.93%)
After-hours: Dec 20, 2024, 7:59 PM EST
-9.23%
Market Cap 8.90M
Revenue (ttm) 1.86M
Net Income (ttm) -144.61M
Shares Out 103.97M
EPS (ttm) -2.53
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 66,760,355
Open 0.0844
Previous Close 0.0943
Day's Range 0.0800 - 0.0959
52-Week Range 0.0800 - 7.0800
Beta 1.14
Analysts Strong Buy
Price Target 22.71 (+26,430.37%)
Earnings Date Nov 13, 2024

About GOEV

Canoo Inc., a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. the company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, advanced vehicle control electronics and software, and other critical compone... [Read more]

Founded 2017
Employees 651
Stock Exchange NASDAQ
Ticker Symbol GOEV
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for GOEV stock is "Strong Buy." The 12-month stock price forecast is $22.71, which is an increase of 26,430.37% from the latest price.

Price Target
$22.71
(26,430.37% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

EV startup Canoo places remaining employees on a ‘mandatory unpaid break'

Struggling electric van startup Canoo has placed its remaining employees on what it's calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCru...

13 hours ago - TechCrunch

Canoo Inc. Announces 1-for-20 Reverse Stock Split Effective December 24, 2024

JUSTIN, Texas, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-20 reverse s...

1 day ago - GlobeNewsWire

Canoo furloughs workers and idles factory as it scrapes for cash

Struggling EV startup Canoo says it has furloughed 82 employees and is idling its factory in Oklahoma while it grasps for the capital needed to survive. The company claims it is in “advanced discussio...

2 days ago - TechCrunch

Canoo Announces Furloughs and Factory Idle as it Focuses on Finalizing Securing Capital

JUSTIN, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company today announced the company has furloughed 82 employees, both salaried and hourly, and...

2 days ago - GlobeNewsWire

3 Tesla wannabe companies that may not survive the EV race

Electric vehicle stocks have diverged this year. On the one hand, we have Tesla whose shares have surged to a record high, giving it a market cap of over $1.4 trillion, and making it the eighth-bigges...

Other symbols: FFIEMULN
5 days ago - Invezz

Canoo stock price: Is GOEV a good contrarian buy?

Canoo stock price has imploded, costing long-term investors millions of dollars over time. GOEV shares plunged by over 24% on Friday after it unveiled another round of furloughs as odds of survival re...

5 days ago - Invezz

Canoo stock forms rare pattern: could GOEV surge 670%?

Canoo stock price has collapsed this year, raising concerns that the electric vehicle company may be about to collapse. GOEV shares have crashed by over 53% in the last 30 days and 92% this year, brin...

26 days ago - Invezz

Canoo Announces Adjournment of Annual Meeting

JUSTIN, Texas, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq:GOEV) (the “Company”), a high-tech advanced mobility company , today announced that it has adjourned its Annual Meeting of Stockhold...

4 weeks ago - GlobeNewsWire

Green Stock News for November 18th, 2024: $WCN $CTVA $BP $ENPH $GOEV

Welcome to the green stock news brief for Monday, November 18th. Here are today's top headlines: AMP Robotics has partnered with Waste Connections (NYSE: WCN) to equip and operate a next-generation re...

Other symbols: BPCTVAENPHWCN
4 weeks ago - Green Stock News

Canoo Partners with Northside Truck & Van to Deliver its Initial Parts Network and Reliable Service, Maintenance, and Repair Services to Customers in the United Kingdom

Canoo Partners with Northside Truck & Van to Deliver its Initial Parts Network and Reliable Service, Maintenance, & Repair Services to Customers in the UK

4 weeks ago - GlobeNewsWire

Canoo Inc. (GOEV) Q3 2024 Earnings Call Transcript

Canoo Inc. (NASDAQ:GOEV) Q3 2024 Results Conference Call November 13, 2024 5:00 PM ET Company Participants Kunal Bhalla - Chief Financial Officer Tony Aquila - Executive Chairman & Chief Executive Of...

5 weeks ago - Seeking Alpha

Canoo Inc. Announces Third Quarter 2024 Results

JUSTIN, Texas, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the third quarter of 2024.

5 weeks ago - GlobeNewsWire

Canoo's CFO and top lawyer are the latest executives to leave

EV startup Canoo has lost its chief financial officer and its head lawyer, the latest in a string of executive departures as the company continues to struggle to find mass adoption of its electric wor...

6 weeks ago - TechCrunch

Canoo stock analysis: the end is nearing for GOEV

Canoo (GOEV) stock price has continued its strong downfall, moving to its lowest level on record as doubts about its future have remained. It slipped to a low of $0.55 on Friday, bringing the year-to-...

6 weeks ago - Invezz

Canoo Partners with The AA in the UK for Premium Roadside Assistance Services to Commercial and Government Customers

JUSTIN, Texas and LONDON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that the company has signed an agreement with The AA, the ...

7 weeks ago - GlobeNewsWire

Canoo Receives Regulatory Approval for UK Pilot Vehicles

JUSTIN, Texas, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it has received the IVA (Individual Vehicle Approval) regulatory...

2 months ago - GlobeNewsWire

Canoo stock price analysis: GOEV bankruptcy risks are elevated

Canoo (GOEV) stock price has collapsed, making it one of the worst-performing electric vehicle companies in the EV industry. It has dropped by over 83% this year, bringing its valuation to about $85 m...

2 months ago - Invezz

Canoo hit with two supplier lawsuits as last remaining co-founder leaves

EV startup Canoo has been hit with two new lawsuits from suppliers linked to the drivetrains that power its electric vehicles, just weeks after the company kicked off a major reorganization that inclu...

3 months ago - TechCrunch

Canoo's Oklahoma City Manufacturing Facility Achieves Final Activation as First Automotive Foreign-Trade Zone in the State of Oklahoma

FTZ activation insulates Canoo from import tariffs and allows for deferments and exemptions as the company expands its global presence The approval of Canoo's FTZ allows other vendors and partners to ...

3 months ago - GlobeNewsWire

Canoo Expands Presence in Oklahoma and Texas with Engineering Talent and Headquarters Relocation

JUSTIN, Texas, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a technology equipment manufacturer specializing in electric cargo vehicles for commercial, government and fleet customers,...

3 months ago - GlobeNewsWire

Faraday and Canoo stocks: Do these Tesla wannabes have a future?

Electric vehicle stocks had another bad performance in August as most of them published underwhelming financial results. Tesla (TSLA), the OG of the EV industry, has tumbled by over 20% from its highe...

Other symbols: FFIE
3 months ago - Invezz

Canoo's chief technology officer is out amid wider reorg

EV startup Canoo's chief technology officer Sohel Merchant has left the company, two people familiar with his departure have told TechCrunch.

4 months ago - TechCrunch

Canoo to Participate in Upcoming Investor Conferences

JUSTIN, Texas, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that company leadership will participate in the following future inv...

4 months ago - GlobeNewsWire

Canoo: Revenue Struggles Continue

Canoo has seen a significant drop in share price from over $572 to just $1.50, with minimal revenues and significant losses. The company is working on pilot testing its vehicles with hopes of generati...

4 months ago - Seeking Alpha

Canoo, Inc. (GOEV) Q2 2024 Earnings Call Transcript

Canoo, Inc. (NASDAQ:GOEV) Q2 2024 Earnings Conference Call August 14, 2024 5:00 PM ET Company Participants Jon Wolf - VP, IR & Corporate Finance Tony Aquila - Investor, Executive Chairman & CEO Greg ...

4 months ago - Seeking Alpha