Canoo Inc. (GOEV)

NASDAQ: GOEV · IEX Real-Time Price · USD
3.025
-0.145 (-4.57%)
Apr 24, 2024, 2:18 PM EDT - Market open
-4.57%
Market Cap 194.71M
Revenue (ttm) 886,000
Net Income (ttm) -302.62M
Shares Out 64.47M
EPS (ttm) -0.53
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,394,189
Open 3.250
Previous Close 3.170
Day's Range 2.990 - 3.284
52-Week Range 1.220 - 19.504
Beta 1.24
Analysts Strong Buy
Price Target 27.95 (+823.97%)
Earnings Date May 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 5 analysts, the average rating for GOEV stock is "Strong Buy." The 12-month stock price forecast is $27.95, which is an increase of 823.97% from the latest price.

Price Target
$27.95
(823.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Tesla, Nikola, Mullen, Nio, Canoo stocks brace for a crucial week

Tesla (NASDAQ: TSLA) stock price has continued crashing hard this year and the plot could thicken this week. It has plunged by over 40% this year, shedding billions of dollars in value, making it the ...

Other symbols: NIONKLATSLAMULN
2 days ago - Invezz

Canoo (GOEV) stock price forecast: risk vs reward analysis

Canoo (NASDAQ: GOEV) stock price has staged a strong recovery in the past few weeks, outperforming the likes of Tesla, Rivian, and Lucid Motors. It has jumped by 157% from its lowest level this year w...

6 days ago - Invezz

Canoo to Present at LD Micro Conference April 8-9

Justin, TX, April 05, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced that on Monday April 8th and Tuesday, April 9th, the Company's ...

19 days ago - GlobeNewsWire

INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Canoo Inc. to Contact Law Firm

NEW YORK , April 4, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against: Canoo Inc. (NASDAQ: GOEV) *please con...

19 days ago - PRNewsWire

Struggling electric vehicle company Canoo spent twice as much on its CEO's private jet as it pulled in last year

Canoo spent $1.7 million on CEO Tony Aquila's private jet bills, twice its 2023 revenue. The EV maker lost $302 million last year, struggling in an industry facing slowing demand.

20 days ago - Business Insider

Is Canoo (GOEV) about to go bankrupt as the stock sinks?

Canoo (NASDAQ: GOEV) stock price has been punched in the face this year as concerns about the company have remained. It is already down by more than 52% this year alone.

21 days ago - Invezz

Canoo Stock Drops 26% After Fourth-Quarter Earnings and Sales Outlook

Canoo expects fiscal-year sales tof between $50 million and $75 million. Wall Street is projecting $109 million.

22 days ago - Barrons

Canoo Enters a $30 Billion Market with Multiple Commercial Vehicle Sales in Saudi Arabia

Canoo expands internationally with an industry leader in first step accessing the KSA market and provides opportunities for future strategic investments in the region Canoo expands internationally wit...

22 days ago - GlobeNewsWire

Electric Vehicle Maker Canoo Discloses ‘Substantial Doubt' About Its Future

Electric vehicle manufacturer Canoo disclosed in a Monday (April 1) annual report that its management has identified “substantial doubt” about the company's ability to continue as a going concern. The...

22 days ago - PYMNTS

Canoo spent double its annual revenue on the CEO's private jet in 2023

Tucked inside Canoo's 2023 earnings report is a nugget regarding the use of CEO Tony Aquila's private jet — just one of many expenses that illustrates the gap between spending and revenue at the EV st...

22 days ago - TechCrunch

Canoo's downbeat forecast sends stock tumbling, in latest EV setback

Electric-vehicle maker Canoo Inc. disappointed with its latest financial results and outlook, sending its stock tumbling late Monday.

22 days ago - Market Watch

Canoo Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

JUSTIN, Texas, April 01, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the fourth quarter and fiscal year 2023.

22 days ago - GlobeNewsWire

Canoo raises doubt about ‘ability to continue as a going concern'

Canoo Inc says its management has identified “substantial doubt about our ability to continue as a going concern”. Shares of the EV firm are down 20% in extended hours today.

22 days ago - Invezz

Canoo raises doubts about its ability to continue as a going concern

Canoo Inc said on Monday there was substantial doubt about its ability to continue as a going concern.

22 days ago - Reuters

Canoo (GOEV) Earnings: What to Expect

Canoo's (GOEV) 4Q adjusted EPS is estimated at -$1.78 and revenue is estimated at $660K. George Tsilis previews these earnings as they report this afternoon.

22 days ago - Schwab Network

Bankrupt EV startup Arrival sold its assets to Canoo

Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acqu...

Other symbols: ARVLF
4 weeks ago - TechCrunch

Canoo Acquires Additional Advanced Manufacturing Assets at Deep Discounts

Strategy of acquiring new and unused equipment at pennies on the dollar (80%+ discount), reduces capital expenditures by tens of millions of dollars, enhancing equity value Strategy of acquiring new a...

4 weeks ago - GlobeNewsWire

Faraday Future, Canoo (GOEV), Nikola short squeeze intensifies

Faraday Future (NASDAQ: FFIE), Canoo (GOEV), and Nikola (NKLA) stock prices continued their short-squeeze this week even as concerns about the EV industry intensified. Nikola jumped to $0.6574, 11% ab...

Other symbols: FFIENKLA
4 weeks ago - Invezz

Canoo stock price: Analysts are bullish on GOEV

GOEV stock closed at $3.41 on Wednesday and is up $0.67 during pre-market trading. Shares of electric vehicle (EV) startup Canoo (NASDAQ:GOEV) have risen this week following the U.S. Department of Com...

4 weeks ago - Invezz

EV maker Canoo's stock soars again after facility gets foreign-trade-zone OK

Shares of Canoo Inc. soared again Monday, toward a record one-day gain, after the maker of electric trucks and delivery vans said its facility in Oklahoma City was approved as a foreign trade zone.

5 weeks ago - Market Watch

Canoo stock price: here's why GOEV shares are surging

Canoo (NASDAQ: GOEV) stock price has staged a strong comeback after the company delivered a reverse stock split last week. The shares surged by almost 50% on Friday, up by over 5% in the pre-market se...

5 weeks ago - Invezz

Canoo's Oklahoma City Manufacturing Facility Approved as Foreign Trade Zone

Approval supports American advanced manufacturing, jobs, and delivers up to $70 million in estimated vehicle cost savings and duty deferrals in 2024 and 2025 Approval supports American advanced manufa...

5 weeks ago - GlobeNewsWire

Fisker could go bankrupt: are Mullen (MULN), Canoo, Faraday Future next?

I wrote about Fisker (NYSE: FSR) stock on Wednesday and warned that the company was between a rock and a hard place. In that article, I explained that the chances of a bankruptcy were extremely high a...

Other symbols: FFIEMULN
5 weeks ago - Invezz

Canoo to Announce Fourth Quarter and Fiscal Year 2023 Financial Results

Justin, TX, March 11, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter and full year...

6 weeks ago - GlobeNewsWire

Canoo to Participate at Upcoming Investor Conferences

Justin, TX, March 07, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced that the Company's management team will be attending the follow...

6 weeks ago - GlobeNewsWire