Canoo/GOEV

$2.40

5.26%
-
1D1W1MYTD1YMAX

About Canoo

Canoo Inc. is a mobility technology company engaged in designing and developing electric vehicles (EVs). The Company's Multi-Purpose platform (MPP) is a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an EV, including its in-house designed electric drivetrain, battery systems, advanced vehicle control electronics and software and other critical components. The Company's EVs include Lifestyle Vehicle and the Lifestyle Delivery Vehicle, the Multi-Purpose Delivery Vehicles (MPDV) and the Pickup. In addition to its vehicle technology, the Company is also developing an in-house designed and proprietary software platform that aggregates car data from both Canoo and non-Canoo vehicles and delivers valuable insights to its customers. It is also developing Canoo Digital Ecosystem, which consists of its fleet-optimized CanooHub, driver mobile app, vehicle human machine interface (HMI) and data analytics.

Ticker

GOEV

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Auto & Truck Manufacturers

CEO

Tony Aquila

Employees

651

Headquarters

Torrance, United States

Canoo Metrics

BasicAdvanced
$154.55M
Market cap
-
P/E ratio
-$13.24
EPS
1.29
Beta
-
Dividend rate
$154.55M
1.28771
$19.50
$1.22
8.19M
0.176
0.143
11.584
33.373
-58.17%
-125.95%
-95.01%
174.44
0.37
0.619
69.48%
-29.7%

What the Analysts think about Canoo

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 6 analysts.
578.75% upside
High $46.00
Low $4.00
$2.40
Current price
$16.29
Average price target

Canoo Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-9,466.66% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$300K
-40%
Net income
$-28.4M
-74.62%
Profit margin
-9,466.66%
-57.7%

Canoo Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 48.14%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$5.06
-$3.22
-$4.14
-$0.92
-
Expected
-$4.37
-$4.37
-$2.77
-$1.77
-$1.01
Surprise
15.79%
-26.32%
49.69%
-48.14%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Canoo stock?

Canoo (GOEV) has a market cap of $154.55M as of April 14, 2024.

What is the P/E ratio for Canoo stock?

The price to earnings (P/E) ratio for Canoo (GOEV) stock is 0 as of April 14, 2024.

Does Canoo stock pay dividends?

No, Canoo (GOEV) stock does not pay dividends to its shareholders as of April 14, 2024.

When is the next Canoo dividend payment date?

Canoo (GOEV) stock does not pay dividends to its shareholders.

What is the beta indicator for Canoo?

Canoo (GOEV) has a beta rating of 1.29. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Canoo stock price target?

The target price for Canoo (GOEV) stock is $16.29, which is 578.75% above the current price of $2.4. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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