Missed GME or NVDA? Donโt Miss the Next One.โ
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Canoo Inc. (GOEV) Stock Forecast & Price Prediction United States | NASDAQ | Consumer Cyclical | Auto Manufacturers
$0.37
+0.00 (0.00%)10 Quality Stocks Worth Considering Now
Researching Canoo (GOEV) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
Get our FREE market selloff report + exclusive analysis on GOEV and similar high-potential opportunities.
Based on our analysis of 8 Wall Street analysts, GOEV has a bullish consensus with a median price target of $100.00 (ranging from $100.00 to $100.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $0.37, the median forecast implies a 26,927.0% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for GOEV.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Jan 6, 2025 | Alliance Global Partners | Poe Fratt | Neutral | Downgrade | $0.00 |
Dec 31, 2024 | Stifel | Stephen Gengaro | Hold | Downgrade | $0.50 |
Nov 15, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Maintains | $2.00 |
Aug 16, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Maintains | $4.00 |
Aug 15, 2024 | Roth MKM | Craig Irwin | Neutral | Maintains | $1.50 |
May 22, 2024 | Benchmark | Michael Legg | Buy | Reiterates | $5.00 |
May 15, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $7.00 |
May 15, 2024 | Benchmark | Michael Legg | Buy | Reiterates | $5.00 |
May 15, 2024 | Roth MKM | Craig Irwin | Neutral | Maintains | $3.00 |
Apr 17, 2024 | Benchmark | Michael Legg | Buy | Initiates | $5.00 |
Apr 2, 2024 | HC Wainwright & Co. | Amit Dayal | Buy | Maintains | $7.00 |
Mar 15, 2024 | Alliance Global Partners | Poe Fratt | Buy | Maintains | $18.50 |
Jan 23, 2024 | Stifel | J. Bruce Chan | Buy | Maintains | $0.75 |
Jan 5, 2024 | Wedbush | Daniel Ives | Outperform | Initiates | $4.00 |
Nov 15, 2023 | HC Wainwright & Co. | Amit Dayal | Buy | Maintains | $3.00 |
Aug 24, 2023 | Alliance Global Partners | Poe Fratt | Buy | Initiates | $1.55 |
Aug 15, 2023 | HC Wainwright & Co. | Buy | Reiterates | $0.00 | |
Jun 27, 2023 | Stifel | J. Bruce Chan | Buy | Maintains | $1.50 |
May 16, 2023 | HC Wainwright & Co. | Amit Dayal | Buy | Reiterates | $10.00 |
Sep 16, 2022 | Stifel | J. Bruce Chan | Buy | Initiates | $4.00 |
The following stocks are similar to Canoo based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Canoo Inc. has a market capitalization of $5.36M with a P/E ratio of -0.2x. The company generates $1.86M in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is +71.7% quarter-over-quarter, while maintaining an operating margin of -4,841.4% and return on equity of -72.7%.
Get All 10 Quality Stocks For This Market Selloff
Still researching investments after the market drop? Our ex-Goldman Sachs analyst has already identified the 10 highest-quality oversold stocks with strong fundamentals and upside potential.
Why spend hours researching when we've already done the work? Get instant access to our complete market selloff analysis.
Designs innovative electric vehicles for urban transportation.
Canoo Inc. generates revenue through the manufacturing and sale of versatile electric vehicles, focusing on customizable solutions for various industries such as logistics and ride-sharing. By leveraging proprietary technology and efficient production processes, the company aims to meet the growing demand for sustainable mobility options.
Canoo is positioned as a key player in the electric vehicle market, emphasizing sustainability and adaptability in its vehicle designs. The company's strategic partnerships and initiatives reflect its commitment to reducing carbon footprints and promoting the widespread adoption of electric vehicles.
Consumer Cyclical
Auto Manufacturers
812
Mr. Anthony Aquila
United States
2020
A London investor has requested a Delaware bankruptcy judge to halt the sale of EV startup Canoo's assets to its CEO, labeling the process as "flawed."
The challenge to Canoo's asset sale could delay proceedings, impacting its financial stability and investor confidence, potentially affecting stock prices and future funding.
A judge has approved the sale of bankrupt EV startup Canoo's assets to CEO Anthony Aquila, affirming the fairness of the process amid limited objections.
The sale of Canoo's assets to its CEO indicates a consolidation of control, raising concerns about governance and future investment potential in the struggling EV sector.
Harbinger, an electric trucking company, has objected to Canoo's asset sale to its CEO, complicating the ongoing bankruptcy proceedings.
Harbinger's objection could disrupt Canoo's asset sale, impacting its bankruptcy proceedings and creating uncertainty around asset valuation and recovery for creditors.
Corporate America shows mixed performance amid concerns over tech valuations, with stock reactions influenced by the Federal Reserve's hawkish stance and Trump's tariffs.
Mixed corporate performance and tech valuation concerns signal potential volatility. Federal Reserve's hawkish stance and tariffs could impact economic growth and corporate profits, influencing stock prices.
Canoo's CEO is acquiring nearly all assets of the bankrupt EV startup, as stated in a recent court filing.
The CEO acquiring Canoo's assets signals potential for reorganization and future growth, impacting investor confidence and the company's valuation in the EV market.
TechCrunch Mobility is a new hub for news and insights on transportation. Investors can sign up for updates on industry developments and trends.
The launch of TechCrunch Mobility indicates a growing focus on transportation innovation, potentially impacting investments in mobility tech and startups in that sector.
Based on our analysis of 8 Wall Street analysts, Canoo Inc. (GOEV) has a median price target of $100.00. The highest price target is $100.00 and the lowest is $100.00.
According to current analyst ratings, GOEV has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.37. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict GOEV stock could reach $100.00 in the next 12 months. This represents a 26,927.0% increase from the current price of $0.37. Please note that this is a projection by Wall Street analysts and not a guarantee.
Canoo Inc. generates revenue through the manufacturing and sale of versatile electric vehicles, focusing on customizable solutions for various industries such as logistics and ride-sharing. By leveraging proprietary technology and efficient production processes, the company aims to meet the growing demand for sustainable mobility options.
The highest price target for GOEV is $100.00 from at , which represents a 26,927.0% increase from the current price of $0.37.
The lowest price target for GOEV is $100.00 from at , which represents a 26,927.0% increase from the current price of $0.37.
The overall analyst consensus for GOEV is bullish. Out of 8 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $100.00.
Stock price projections, including those for Canoo Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.