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Canoo (GOEV)
NASDAQ:GOEV
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GOEV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.08 - $7.08
Previous Close$0.09
Volume67.78M
Average Volume (3M)37.18M
Market Cap
$9.13M
Enterprise Value$83.39M
Total Cash (Recent Filing)$1.53M
Total Debt (Recent Filing)$75.80M
Price to Earnings (P/E)―
Beta2.72
Next Earnings
Mar 26, 2025EPS Estimate
-$0.46Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.48
Shares Outstanding96,781,230
10 Day Avg. Volume203,474,294
30 Day Avg. Volume37,176,996
Standard Deviation0.27
R-Squared0.07
Alpha-0.12
Financial Highlights & Ratios
Price to Book (P/B)0.04
Price to Sales (P/S)6.55
Price to Cash Flow (P/CF)-0.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue44.76
Enterprise Value/Gross Profit-56.04
Enterprise Value/Ebitda-0.99
Forecast
1Y Price Target
$3.50Price Target Upside3988.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Canoo News
PremiumCompany Announcements
Canoo Faces Leadership Change and Workforce Reductions
Bulls Say, Bears Say
Bulls Say
Cost ManagementThe company has been controlling costs and lowering cash burn with operating expenses dropping by $20.7M or 33% sequentially.
Customer EngagementThe company is continuing to engage with existing and prospective customers to grow the order-book.
Manufacturing And InfrastructureCanoo has built a strong ecosystem of customers, manufacturing infrastructure, and a versatile EV platform that can support its market entry.
Bears Say
Production And Delivery DelaysThe price target for Canoo Inc. has been lowered due to delays in vehicle production and delivery expectations as the company works on establishing long-term financing.
Regulatory RisksRegulatory developments could alter existing incentives for electric vehicle adoption, impacting Canoo's market strategy.
Workforce ManagementThe company has furloughed 23% of its workforce and implemented pay cuts for leadership to manage near-term cash usage.
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Ownership Overview
7.35% Insiders
5.74% Mutual Funds
0.85% Other Institutional Investors
78.54% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GOEV FAQ
What was Canoo’s price range in the past 12 months?
Canoo lowest stock price was $0.08 and its highest was $7.08 in the past 12 months.
What is Canoo’s market cap?
Currently, no data Available
When is Canoo’s upcoming earnings report date?
Canoo’s upcoming earnings report date is Mar 26, 2025 which is in 95 days.
How were Canoo’s earnings last quarter?
Canoo released its earnings results on Nov 13, 2024. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of -$0.766 by $0.796.
Is Canoo overvalued?
According to Wall Street analysts Canoo’s price is currently Undervalued.
Does Canoo pay dividends?
Canoo does not currently pay dividends.
What is Canoo’s EPS estimate?
Canoo’s EPS estimate is -$0.46.
How many shares outstanding does Canoo have?
Canoo has 96,781,230 shares outstanding.
What happened to Canoo’s price movement after its last earnings report?
Canoo reported an EPS of $0.03 in its last earnings report, beating expectations of -$0.766. Following the earnings report the stock price went down -12.903%.
Which hedge fund is a major shareholder of Canoo?
Among the largest hedge funds holding Canoo’s share is Gotham Asset Management LLC. It holds Canoo’s shares valued at N/A.
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Canoo Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$3.50 (3988.79% Upside)
$3.50 (3988.79% Upside)
Blogger Sentiment
Bearish
GOEV Sentiment 73%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-98.39%
12-Months-Change
Fundamentals
Return on Equity
-72.67%
Trailing 12-Months
Asset Growth
-2.07%
Trailing 12-Months
Company Description
Canoo
Canoo is a mobility technology firm that manufactures electric vehicles for both consumer and commercial markets. The company's products encompass lifestyle delivery vehicles, lifestyle vehicles, pickups, and multi-purpose delivery vehicles. Beyond vehicle manufacturing, it is engaged in developing a software platform tailored to aggregate data from Canoo vehicles and those from other manufacturers, providing customers with valuable insights.
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GOEV Company Deck
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GOEV Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in revenue, cost reduction, and international expansion. However, it also addressed notable challenges, including workforce reductions, delayed production plans, and capital alignment issues. The company is making strategic moves to focus on fleet customers and international markets.Read More>---
GOEV Stock 12 Month Forecast
Average Price Target
$3.50
▲(3988.79% Upside)
Technical Analysis
Best Analysts Covering GOEV
1 Year
1 Year Success Rate
0/17 ratings generated profit
1 Year Average Return
-83.71%
assigned a buy rating last month
Copying Amit Dayal's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -83.71% per trade.
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