Canoo Inc. (GOEV)

NASDAQ: GOEV · IEX Real-Time Price · USD
0.490
+0.020 (4.21%)
At close: Sep 27, 2023, 4:00 PM
0.483
-0.007 (-1.41%)
Pre-market: Sep 28, 2023, 6:48 AM EDT
4.21%
Market Cap 310.65M
Revenue (ttm) n/a
Net Income (ttm) -359.54M
Shares Out 634.23M
EPS (ttm) -0.98
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 16,685,642
Open 0.466
Previous Close 0.470
Day's Range 0.460 - 0.490
52-Week Range 0.414 - 2.140
Beta 1.21
Analysts Strong Buy
Price Target 4.35 (+788.12%)
Earnings Date Nov 8, 2023

About GOEV

Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups. It also provides multi-purpose platform architecture is a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an EV. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California. [Read more]

Founded 2017
Employees 812
Stock Exchange NASDAQ
Ticker Symbol GOEV
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GOEV stock is "Strong Buy." The 12-month stock price forecast is $4.35, which is an increase of 788.12% from the latest price.

Price Target
$4.35
(788.12% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Canoo stock price has a huge backlog but headwinds remain

Canoo (NASDAQ: GOEV) stock price is sitting slightly above its record low as investors assess the company's future. The shares were trading at $0.4678 on Wednesday, a few points above the all-time low...

21 hours ago - Invezz

PAWNEE NATION AND CANOO PARTNER FOR CLEAN TECHNOLOGY JOBS AND GROWTH

Under the Historic Agreement, Pawnee Tribal Officials and Canoo Will Work Together to Deploy Zero-Emission Vehicles and Promote Employment, Entrepreneurial Opportunities  PAWNEE, Okla. , Sept. 21, 202...

6 days ago - PRNewsWire

3 EV stocks to avoid as the bubble deflates: MULN, VinFast, Canoo

The electric vehicle (EV) industry is going through major headwinds as demand slows and interest rates rise. Companies, including mainstream brands like Tesla and Ford have been forced to slash prices...

Other symbols: MULNVFS
27 days ago - Invezz

EV startup Canoo names board member Greg Ethridge as CFO

Electric-vehicle startup Canoo on Monday named board member Greg Ethridge as its chief financial officer, succeeding Ken Manget.

4 weeks ago - Reuters

Canoo Names Ethridge Chief Financial Officer

JUSTIN, Texas , Aug. 28, 2023 /PRNewswire/ -- Canoo  (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has named current Board Member Greg Ethridge as Chief Financial Officer...

4 weeks ago - PRNewsWire

EV maker Canoo posts smaller-than-expected loss on lower costs

Electric-vehicle maker Canoo posted a smaller-than-expected quarterly loss on Monday on lower research and development costs, sending its shares up 2% in extended trading.

6 weeks ago - Reuters

Canoo trimmed its loss by 57% in Q2

Canoo Inc (NASDAQ: GOEV) just recorded a huge year-on-year decline in its quarterly loss. Its shares are trading up in extended hours.

6 weeks ago - Invezz

CANOO INC. ANNOUNCES SECOND QUARTER 2023 RESULTS

SEC matter is settled Introduced a derivative of the Lifestyle Delivery Vehicle (LDV), the LDV 190 Achieved installed manufacturing capacity at Oklahoma City and Pryor, Oklahoma locations Generated fi...

6 weeks ago - PRNewsWire

CANOO ANNOUNCES INTRODUCTION OF ITS LIFESTYLE DELIVERY VEHICLE 190

Larger vehicle offers 30 percent more space and 21 percent greater payload capacity. JUSTIN, Texas , Aug. 14, 2023 /PRNewswire/ -- Canoo Technologies (NASDAQ: GOEV), an advanced mobility company, anno...

6 weeks ago - PRNewsWire

Canoo finalizes incentive package with Oklahoma, Cherokee Nation

Electric-vehicle startup Canoo said on Monday it finalized incentive agreements with the state of Oklahoma and the North American tribe Cherokee Nation, for an estimated value of $113 million over 10 ...

6 weeks ago - Reuters

Canoo Finalizes Incentive Package with Oklahoma, Cherokee Nation

Company expects to hire over 1,300 at Oklahoma vehicle assembly and battery plants JUSTIN, Texas , Aug. 14, 2023 /PRNewswire/ -- Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company, an...

6 weeks ago - PRNewsWire

SEC sues two ex-Canoo executives over reporting failures

The U.S. Securities and Exchange Commission sued two former executives of electric vehicle company Canoo Inc on Friday over what the regulator alleges were reporting failures related to hundreds of mi...

7 weeks ago - Reuters

Canoo to Announce Second Quarter 2023 Financial Results

JUSTIN, Texas , July 31, 2023 /PRNewswire/ -- Canoo (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter ended June 30, 2023...

2 months ago - PRNewsWire

Canoo Blasts Higher on DOD, NASA News

In what's been a strong recovery year for electric vehicle (EV) makers, Canoo Inc. NYSE: GOEV has mostly gone against the tide. Last month, shares of the California-based EV longshot slipped to a reco...

2 months ago - MarketBeat

Canoo Stock Gets Bump From NASA's Artemis Program

NASA has some sweet new all-electric rides thanks to an EV start-up. They aren't Tesla vehicles.

2 months ago - Barrons

Mission Accomplished: Canoo Delivers Crew Transportation Vehicles to NASA for Artemis Missions

JUSTIN, Texas , July 12, 2023 /PRNewswire/ -- Canoo  (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has delivered on time three Crew Transportation Vehicles (CTVs) to NASA...

2 months ago - PRNewsWire

CANOO ANNOUNCES EXPANSION OF PARTNERSHIP WITH DEPARTMENT OF DEFENSE'S DEFENSE INNOVATION UNIT TO FURTHER DEVELOP NEW HIGH-POWER BATTERY PACK

Move follows successful testing and analysis of Canoo's patented technology JUSTIN, Texas , July 10, 2023 /PRNewswire/ -- Canoo Technologies (NASDAQ: GOEV), an advanced mobility company, announced tod...

2 months ago - PRNewsWire

Top 5 Consumer Stocks That Could Blast Off This Month - Canoo (NASDAQ:GOEV), Adtalem Glb Education (NYSE:ATGE)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: ATGELRNNAASSTRA
3 months ago - Benzinga

As Lordstown Motors collapses, Mullen Automotive, Canoo could be next

Lordstown Motors (NASDAQ: RIDE) became the first electric vehicle company to file for bankruptcy protection. The company has struggled to raise capital and build its trucks after Foxconn withdrew from...

Other symbols: MULN
3 months ago - Invezz

Canoo stock price sits at a key support: Is GOEV a buy now?

Canoo (NASDAQ: GOEV) stock price is hovering near its record low as concerns about the company continued. Shares of the electric vehicle company crashed to a low of $0.5500, which is slightly above it...

4 months ago - Invezz

Canoo stock price forecast: don't buy the dip as risks rise

The Canoo (NASDAQ: GOEV) stock price is hovering near the lowest level on record as concerns about the company's future continue. The shares were trading at $0.6700 on Friday, a few points above the a...

4 months ago - Invezz

Canoo Bottoms As Production Ramp Gets Closer

Like many OEM EV startups, Canoo NYSE: GOEV is crossing a major milestone. After months of delays, the company is on track to begin production, which means revenue is at hand.

4 months ago - MarketBeat

CANOO INC. ANNOUNCES FIRST QUARTER 2023 RESULTS

Our LDV vehicle is eligible for the full IRA commercial tax credit of $7,500 in 2023 25% reduction in annual operating expenses compared to last fiscal year Secured favorable long-term lease for Oklah...

4 months ago - PRNewsWire

Canoo stock price analysis: GOEV dilution risks persists

Canoo (NASDAQ: GOEV) stock price has been in a downward trend after peaking at $25 in December 2020.  The shares have tumbled below $1 and are trading at $0.7306, which is a few points above the year-...

5 months ago - Invezz

Canoo to Announce First Quarter 2023 Financial Results

JUSTIN, Texas , May 4, 2023 /PRNewswire/ -- Canoo (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter ended March 31, 2023 ...

5 months ago - PRNewsWire