Canoo Inc. (GOEV)
Market Cap | 165.05M |
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 | 2,507,793 |
Open | 2.530 |
Previous Close | 2.530 |
Day's Range | 2.500 - 2.590 |
52-Week Range | 1.220 - 19.504 |
Beta | 1.26 |
Analysts | Strong Buy |
Price Target | 27.95 (+991.8%) |
Earnings Date | May 14, 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]
Financial Performance
Financial StatementsAnalyst 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 991.80% from the latest price.
News
Canoo (GOEV) stock price forecast ahead of earnings: buy or sell?
Canoo (NASDAQ: GOEV) stock price has stabilised a bit since April after the company received a big order from Saudi Arabia. It has risen by over 7% in the past 30 days and by 130% from its lowest poin...
Canoo to Announce First Quarter 2024 Financial Results
Justin, TX, May 03, 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 ended March 31,...
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 ...
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...
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 ...
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...
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.
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.
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.
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...
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...
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...
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.
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.
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.
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.
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.
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...
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...
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...
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...
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.
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...
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...
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...