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Canoo (GOEV)
NASDAQ:GOEV
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GOEV Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.04 - $101.77
Previous CloseN/A
Volume3.97M
Average Volume (3M)5.30M
Market Cap
$19.12M
Enterprise Value$170.58M
Total Cash (Recent Filing)$29.01M
Total Debt (Recent Filing)$13.71M
Price to Earnings (P/E)―
Beta2.99
Next Earnings
Mar 26, 2025EPS Estimate
-9.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-69.60
Shares Outstanding14,486,039
10 Day Avg. Volume3,406,210
30 Day Avg. Volume5,300,213
Standard Deviation0.28
R-Squared0.08
Alpha-0.13
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)12.29
Price to Cash Flow (P/CF)-0.20
P/FCF Ratio0.00
Enterprise Value/Market Cap8.92
Enterprise Value/Revenue91.56
Enterprise Value/Gross Profit-114.64
Enterprise Value/Ebitda-2.03
Forecast
1Y Price Target
$1.25Price Target Upside-17.22% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Canoo News
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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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
GOEV FAQ
What was Canoo’s price range in the past 12 months?
Canoo lowest stock price was $1.04 and its highest was $101.77 in the past 12 months.
What is Canoo’s market cap?
Canoo’s market cap is $19.12M.
When is Canoo’s upcoming earnings report date?
Canoo’s upcoming earnings report date is Mar 26, 2025 which is in 67 days.
How were Canoo’s earnings last quarter?
Canoo released its earnings results on Nov 13, 2024. The company reported $0.6 earnings per share for the quarter, beating the consensus estimate of -$15.313 by $15.913.
Is Canoo overvalued?
According to Wall Street analysts Canoo’s price is currently Overvalued.
Does Canoo pay dividends?
Canoo does not currently pay dividends.
What is Canoo’s EPS estimate?
Canoo’s EPS estimate is -9.23.
How many shares outstanding does Canoo have?
Canoo has 14,486,039 shares outstanding.
What happened to Canoo’s price movement after its last earnings report?
Canoo reported an EPS of $0.6 in its last earnings report, beating expectations of -$15.313. Following the earnings report the stock price went down -14.103%.
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 0.
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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
$1.25
▼(-17.22% Downside)
Technical Analysis
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Best Analysts Covering GOEV
1 Year
1 Year Success Rate
0/17 ratings generated profit
1 Year Average Return
-84.94%
assigned a buy rating 2 months ago
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 -84.94% per trade.
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