GOEV Logo

GOEV Stock Forecast: Canoo Inc. Price Predictions for 2025

Home โ€บ Stocks โ€บ United States | NASDAQ | Consumer Cyclical | Auto Manufacturers

$0.37

+0.00 (0.00%)

GOEV Stock Forecast 2025-2026

$0.37
Current Price
$5.36M
Market Cap
1 Ratings
Buy 1
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to GOEV Price Targets

+26,927.0%
To High Target of $100.00
+26,927.0%
To Median Target of $100.00
+26,927.0%
To Low Target of $100.00

GOEV Price Momentum

0.0%
1 Week Change
0.0%
1 Month Change
-99.3%
1 Year Change
-73.8%
Year-to-Date Change
-99.4%
From 52W High of $60.40
+15.6%
From 52W Low of $0.32
๐Ÿ“‰ MARKET SELLOFF ALERT

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.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Latest GOEV Stock Price Targets & Analyst Predictions

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.

GOEV Analyst Ratings

1
Buy
0
Hold
0
Sell

GOEV Price Target Range

Low
$100.00
Average
$100.00
High
$100.00
Current: $0.37

Latest GOEV Stock Forecasts by Analyst

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

Canoo Inc. (GOEV) Competitors

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. (GOEV) Financial Data

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%.

Valuation Metrics

Market Cap $5.36M
Enterprise Value $129.23M
P/E Ratio -0.2x
PEG Ratio -0.2x
Price/Sales 2.9x

Growth & Margins

Revenue Growth (YoY) +71.7%
Gross Margin +80.9%
Operating Margin -4,841.4%
Net Margin 0.0%
EPS Growth N/A

Financial Health

Cash/Price Ratio +4.9%
Current Ratio 0.1x
Debt/Equity 48.7x
ROE -72.7%
ROA -25.2%
๐Ÿ’ฐ DON'T MISS THIS OPPORTUNITY

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.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Canoo Inc. logo

Canoo Inc. (GOEV) Business Model

About Canoo Inc.

What They Do

Designs innovative electric vehicles for urban transportation.

Business Model

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.

Additional Information

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.

Company Information

Sector

Consumer Cyclical

Industry

Auto Manufacturers

Employees

812

CEO

Mr. Anthony Aquila

Country

United States

IPO Year

2020

Canoo Inc. (GOEV) Latest News & Analysis

Latest News

GOEV stock latest news image
Quick Summary

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."

Why It Matters

The challenge to Canoo's asset sale could delay proceedings, impacting its financial stability and investor confidence, potentially affecting stock prices and future funding.

Source: TechCrunch
Market Sentiment: Negative
GOEV stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: TechCrunch
Market Sentiment: Neutral
GOEV stock latest news image
Quick Summary

Harbinger, an electric trucking company, has objected to Canoo's asset sale to its CEO, complicating the ongoing bankruptcy proceedings.

Why It Matters

Harbinger's objection could disrupt Canoo's asset sale, impacting its bankruptcy proceedings and creating uncertainty around asset valuation and recovery for creditors.

Source: TechCrunch
Market Sentiment: Negative
GOEV stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: Invezz
Market Sentiment: Negative
GOEV stock latest news image
Quick Summary

Canoo's CEO is acquiring nearly all assets of the bankrupt EV startup, as stated in a recent court filing.

Why It Matters

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.

Source: TechCrunch
Market Sentiment: Positive
GOEV stock latest news image
Quick Summary

TechCrunch Mobility is a new hub for news and insights on transportation. Investors can sign up for updates on industry developments and trends.

Why It Matters

The launch of TechCrunch Mobility indicates a growing focus on transportation innovation, potentially impacting investments in mobility tech and startups in that sector.

Source: TechCrunch
Market Sentiment: Negative

Frequently Asked Questions About GOEV Stock

What is Canoo Inc.'s (GOEV) stock forecast for 2025?

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.

Is GOEV stock a good investment in 2025?

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.

What is the long-term price prediction for GOEV stock?

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.

What is Canoo Inc.'s business model?

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.

What is the highest forecasted price for GOEV Canoo Inc.?

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.

What is the lowest forecasted price for GOEV Canoo Inc.?

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.

What is the overall GOEV consensus from analysts for Canoo Inc.?

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.

How accurate are GOEV stock price projections?

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.

Important Disclaimer

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.

Last updated: May 11, 2025 10:31 PM UTC
Missed GME or NVDA? Donโ€™t 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.