Data gathered: January 2
AI Stock Analysis - Canoo (GOEV)
Analysis generated December 25, 2024. Powered by Chat GPT.
Canoo Inc. is an American electric vehicle (EV) startup with a unique business model focusing on offering subscription-based EV services. The company seeks to innovate within the automotive industry by providing eco-friendly vehicles, innovative financing options, and a commitment to sustainability. Despite being a relatively new entrant in the EV market, Canoo has garnered significant interest for its distinctive design and different approach to vehicle ownership. However, the company faces stiff competition from established players and other startups in the rapidly growing EV space.
Stock Alerts - Canoo (GOEV)
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Canoo | January 2 Price is down by -10.6% in the last 24h. |
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Canoo | December 31 Price is up by 10.2% in the last 24h. |
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Canoo | December 30 Price is down by -6.5% in the last 24h. |
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Canoo | December 27 Price is down by -5.8% in the last 24h. |
Alternative Data for Canoo
About Canoo
Canoo Inc., formerly known as Evelozcity, is an American manufacturer of electric vehicles. The company is located in Torrance, near Los Angeles, California. The company's concept is to produce affordable commercial electric vehicles such as minivans for vehicle rental and ride sharing services.
| Price | $1.33 |
| Target Price | Sign up |
| Volume | 2,540,000 |
| Market Cap | $20M |
| Year Range | $1.33 - $57.6 |
| Dividend Yield | 0% |
| Analyst Rating | 67% buy |
| Industry | Autos |
In the news
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Canoo (NASDAQ:GOEV) Cut to Hold at Stifel NicolausDecember 31 - ETF Daily News |
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Canoo cut at Stifel on liquidity risksDecember 31 - Investing.com |
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GOEV stock plunges to 52-week low at $1.37 amid market challengesDecember 30 - Investing.com |
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Zacks.com featured highlights include Constellation Brands, Stryve Foods, Canoo, Fortuna Mining and QualcommDecember 29 - Yahoo |
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End Of Road: EV Startup Canoo Puts Employees On "Mandatory Unpaid Break"December 26 - Biztoc.com |
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Canoo Imposes 'Mandatory Unpaid Leave' On All Employees, Locking Workers Out Of Systems Until 2025December 26 - Jalopnik |
Financial performance View All
| Revenue | Cost of Revenue | Gross Profit | Net Income | ebitda | EPS | |
|---|---|---|---|---|---|---|
| Q3 '24 | 890,000 | 170,000 | 720,000 | 3.3M | -59M | -0.540 |
| Q2 '24 | 610,000 | 1.8M | -1.2M | -5M | -45,000 | -0.610 |
| Q1 '24 | 21M | 0 | 0 | -111M | -102M | -2.200 |
| Q4 '23 | 370,000 | 1.5M | -1.1M | -28M | 0 | -0.920 |
| Q3 '23 | 25M | 900,000 | -380,000 | -112M | -48M | -0.060 |
Insider Transactions View All
| MURTHY RAMESH filed to sell 178,099 shares at $1.1. September 19 '24 |
| Ethridge Greg filed to sell 206,319 shares at $1.1. September 19 '24 |
| Ruiz Hector M. filed to sell 178,165 shares at $1.1. September 19 '24 |
| MURTHY RAMESH filed to sell 181,447 shares at $2.3. July 5 '24 |
| Ruiz Hector M. filed to sell 181,513 shares at $2.3. July 5 '24 |
Similar companies
| Company | Price | AI Score | |
|---|---|---|---|
 |
TeslaTSLA |
$379.28 6.1% | 48 |
 |
ToyotaTM |
$193.12 0.8% | 56 |
 |
FordF |
$9.65 2.5% | 28 |
 |
General MotorsGM |
$51.37 3.6% | 45 |
 |
VisteonVC |
$86.81 2.2% | 44 |
Read more about Canoo (GOEV) and their ai stock analysis, price prediction, earnings, congress trading, insider transactions, technical analysis, job posts, sentiment, webpage traffic, employee rating, google trends, patents, 4chan mentions, facebook engagement, facebook followers, instagram followers, reddit mentions, stocktwits mentions, stocktwits subscribers, twitter followers, twitter mentions, youtube subscribers, news mentions, customer reviews, lobbying cost, business outlook & linkedin employees.
What is the Market Cap of Canoo?
The Market Cap of Canoo is $20M.
What is the current stock price of Canoo?
Currently, the price of one share of Canoo stock is $1.33.
How can I analyze the GOEV stock price chart for investment decisions?
The GOEV stock price chart above provides a comprehensive visual representation of Canoo's stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Canoo shares. Our platform offers an up-to-date GOEV stock price chart, along with technical data analysis and alternative data insights.
Does GOEV offer dividends to its shareholders?
As of our latest update, Canoo (GOEV) does not offer dividends to its shareholders. Investors interested in Canoo should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.
What are some of the similar stocks of Canoo?
Some of the similar stocks of Canoo are Tesla, Toyota, Ford, General Motors, and Visteon.
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