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Canoo (GOEVQ)
OTHER OTC:GOEVQ
US Market
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Canoo (GOEVQ) Price & Analysis

5,405 Followers

GOEVQ Stock Chart & Stats

$0.05
-$0.02(-14.77%)
At close: 4:00 PM EST
$0.05
-$0.02(-14.77%)

Bulls Say, Bears Say

Bulls Say
Revenue GrowthCanoo's record-breaking revenue indicates potential market acceptance and growth, which is crucial for scaling operations and improving financial health.
Cost ReductionEffective cost management through reduced R&D expenses enhances operational efficiency and can lead to improved margins over time.
International ExpansionInternational expansion efforts, especially with major fleets, can diversify revenue streams and strengthen Canoo's market position globally.
Bears Say
Cash Flow ChallengesPersistent negative cash flow from operations indicates difficulty in sustaining business activities without external funding, posing long-term viability risks.
Delayed Production PlansDelays in production capabilities can hinder Canoo's ability to meet demand and achieve economies of scale, affecting future revenue and profitability.
Workforce ReductionsSignificant workforce reductions may impact operational capacity and morale, potentially slowing down project execution and innovation efforts.

GOEVQ FAQ

What was Canoo’s price range in the past 12 months?
Canoo lowest stock price was <$0.01 and its highest was $0.16 in the past 12 months.
    What is Canoo’s market cap?
    Canoo’s market cap is $5.79K.
      When is Canoo’s upcoming earnings report date?
      The company’s upcoming earnings report date is not yet available.
      How were Canoo’s earnings last quarter?
      Currently, no data Available
      Is Canoo overvalued?
      According to Wall Street analysts Canoo’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
        Does Canoo pay dividends?
        Canoo does not currently pay dividends.
        What is Canoo’s EPS estimate?
        Canoo’s EPS estimate for its next earnings report is not yet available.
        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?
          Currently, no data Available
          Which hedge fund is a major shareholder of Canoo?
          Currently, no hedge funds are holding shares in GOEVQ
          What is the TipRanks Smart Score and how is it calculated?
          Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

            Company Description

            Canoo

            Canoo Inc. operates as a mobility technology enterprise, undertaking the complete lifecycle of electric vehicles—from their initial design and development to their market promotion and eventual manufacture. Serving a diverse clientele across the United States, the company supplies EVs to individual consumers, commercial fleet operators, government agencies, and military organizations. Its product offerings include a range of battery-powered vehicle models such as urban delivery vehicles, adaptable multi-purpose transport units, personal lifestyle vehicles, and pickup trucks. Beyond vehicles, Canoo also provides essential battery modules and specialized engineering services. The company further developed the Canoo Digital Ecosystem, a proprietary application store designed to consolidate vehicle information and furnish management tools covering aspects like security and safety, personal vehicle usage, fleet management, vehicle lifecycle, and asset tracking. Canoo caters to sectors encompassing commercial and passenger automotive, vehicle customization and accessories, and telematics data services. The company's headquarters are situated in Torrance, California. However, on January 17, 2025, Canoo Inc. and its associated entities formally filed for Chapter 7 liquidation in the U.S. Bankruptcy Court for the District of Delaware.

            Canoo (GOEVQ) Earnings & Revenues

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            Ownership Overview

            0.23%0.01%99.76%
            Insiders
            0.01% Other Institutional Investors
            99.76% Public Companies and
            Individual Investors
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