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NYSE:GOEV

Canoo - GOEV Stock Forecast, Price & News

$2.05
+0.01 (+0.49%)
(As of 09/27/2022 04:30 PM ET)
Add
Compare
Today's Range
$2.01
$2.15
50-Day Range
$2.04
$4.28
52-Week Range
$1.75
$13.35
Volume
317,541 shs
Average Volume
5.13 million shs
Market Capitalization
$558.89 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.13

Canoo MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
296.3% Upside
$8.13 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.29mentions of Canoo in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$11.07 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.10) to ($1.35) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

Auto/Tires/Trucks Sector

64th out of 109 stocks

Motor Vehicle Parts & Accessories Industry

24th out of 36 stocks

GOEV stock logo

About Canoo (NYSE:GOEV) Stock

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 design to support various range of vehicle weight and ride profiles. The company serves to small businesses, independent contractors, tradespeople, utilities, and service technicians. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.

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GOEV Stock News Headlines

Polestar plunges to all-time low amid EV sector slide
Canoo (NYSE:GOEV) Stock Price Up 3.4%
Tony Aquila Purchases 200,000 Shares of Canoo Inc. (NYSE:GOEV) Stock
Why Canoo Stock Dropped Tuesday
See More Headlines
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GOEV Company Calendar

Last Earnings
8/08/2022
Today
9/27/2022
Next Earnings (Estimated)
11/21/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
N/A
Fax
N/A
Employees
805
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$8.13
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$3.50
Forecasted Upside/Downside
+296.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-346,770,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$2.55 million
Book Value
$1.44 per share

Miscellaneous

Free Float
212,926,000
Market Cap
$558.89 million
Optionable
Optionable
Beta
1.18

Key Executives

  • Mr. Anthony AquilaMr. Anthony Aquila (Age 57)
    Exec. Chairman, CEO & Investor
    Comp: $689.29k
  • Ambassador Josette Sheeran (Age 67)
    Pres & Director
    Comp: $460.91k
  • Mr. Sohel Merchant
    Founder & Chief Technology Officer of Automotive
  • Mr. Ramesh Murthy (Age 43)
    Interim CFO, Sr. VP of Fin. & Chief Accounting Officer
  • Mr. Ram Balasubramanian
    Chief Information Officer
  • Nick Cunningham
    Sr. VP of Investor Relations and Capital Markets
  • Mr. Hector Ruiz (Age 41)
    Gen. Counsel & Corp. Sec.
  • Agnes Gomes-Koizumi
    VP of Communications
  • Kunal Bhalla
    Sr. VP Corp. Devel.
  • Kate Lengyel
    Chief HR Officer













GOEV Stock - Frequently Asked Questions

Should I buy or sell Canoo stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canoo in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GOEV shares.
View GOEV analyst ratings
or view top-rated stocks.

What is Canoo's stock price forecast for 2022?

4 analysts have issued 1 year price targets for Canoo's shares. Their GOEV share price forecasts range from $3.50 to $15.00. On average, they anticipate the company's stock price to reach $8.13 in the next year. This suggests a possible upside of 298.3% from the stock's current price.
View analysts price targets for GOEV
or view top-rated stocks among Wall Street analysts.

How have GOEV shares performed in 2022?

Canoo's stock was trading at $7.72 on January 1st, 2022. Since then, GOEV shares have decreased by 73.6% and is now trading at $2.04.
View the best growth stocks for 2022 here
.

When is Canoo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 21st 2022.
View our GOEV earnings forecast
.

How were Canoo's earnings last quarter?

Canoo Inc. (NYSE:GOEV) announced its earnings results on Monday, August, 8th. The company reported ($0.68) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.53) by $0.15. During the same period in the prior year, the business posted ($0.50) EPS.

What is Canoo's stock symbol?

Canoo trades on the New York Stock Exchange (NYSE) under the ticker symbol "GOEV."

Who are Canoo's major shareholders?

Canoo's stock is owned by many different institutional and retail investors. Top institutional investors include State Street Corp (0.82%), Northern Trust Corp (0.40%), Renaissance Technologies LLC (0.39%), Goldman Sachs Group Inc. (0.00%), UBS Asset Management Americas Inc. (0.07%) and Cubist Systematic Strategies LLC (0.05%). Insiders that own company stock include Global Holdings Ltd Dd, Hector M Ruiz, Josette Sheeran, Ramesh Murthy, Thomas A Dattilo and Tony Aquila.
View institutional ownership trends
.

How do I buy shares of Canoo?

Shares of GOEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Canoo's stock price today?

One share of GOEV stock can currently be purchased for approximately $2.04.

How much money does Canoo make?

Canoo (NYSE:GOEV) has a market capitalization of $556.17 million and generates $2.55 million in revenue each year. The company earns $-346,770,000.00 in net income (profit) each year or ($2.17) on an earnings per share basis.

How many employees does Canoo have?

The company employs 805 workers across the globe.

How can I contact Canoo?

Canoo's mailing address is 3485 N PINES WAY SUITE 110, WILSON WY, 83014. The official website for the company is www.canoo.com. The company can be reached via phone at 424-271-2144 or via email at canooir@icrinc.com.

This page (NYSE:GOEV) was last updated on 9/27/2022 by MarketBeat.com Staff

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