Consumer Cyclical -
Auto - Manufacturers - NASDAQ - US
$ 1.35
-10.6 %
$ 19.6 M
Market Cap
-0.04
P/E
1. INTRINSIC VALUE
2. FUNDAMENTAL
ANALYSIS
Price Chart GOEV
FINANCIALS
Balance Sheet
Canoo Inc.
| Current Assets | 32.6 M |
| Cash & Short-Term Investments | 10.3 M |
| Receivables | 0 |
| Other Current Assets | 22.3 M |
| Non-Current Assets | 509 M |
| Long-Term Investments | 0 |
| PP&E | 413 M |
| Other Non-Current Assets | 96.1 M |
| Current Liabilities | 184 M |
| Accounts Payable | 65.3 M |
| Short-Term Debt | 54.3 M |
| Other Current Liabilities | 64.9 M |
| Non-Current Liabilities | 108 M |
| Long-Term Debt | 71.4 M |
| Other Non-Current Liabilities | 36.5 M |
EFFICIENCY
Earnings Waterfall
Canoo Inc.
| Revenue | 886 K |
| Cost Of Revenue | 16.2 M |
| Gross Profit | -15.3 M |
| Operating Expenses | 252 M |
| Operating Income | -268 M |
| Other Expenses | 34.2 M |
| Net Income | -302 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Canoo Inc.
| Net Income | -302 M |
| Depreciation & Amortization | 13.8 M |
| Capital Expenditures | -67.1 M |
| Stock-Based Compensation | 30.2 M |
| Change in Working Capital | -32.5 M |
| Others | 22.3 M |
| Free Cash Flow | -318 M |
Wall Street Analysts Price Targets
Canoo Inc.
Wall Street analysts predict an average 1-year price target for GOEV of $3 , with forecasts ranging from
a
low of
$1.5 to a high of $4.5 .
GOEV Lowest Price Target
Wall Street Target
1.5 USD
11.11%
GOEV Average Price Target
Wall Street Target
3 USD
122.22%
GOEV Highest Price Target
Wall Street Target
4.5 USD
233.33%
4. DIVIDEND
ANALYSIS
GOEV does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Canoo Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
12.1 K USD 3
6-9 MONTHS
51 K USD 2
9-12 MONTHS
338 USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
4 months ago
Sep 17, 2024
|
Sell 3.52 K
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 3348
|
1.05 USD |
|
4 months ago
Sep 17, 2024
|
Sell 5.09 K
USD
|
Ethridge Greg
Chief Financial Officer
|
- 4849
|
1.05 USD |
|
4 months ago
Sep 17, 2024
|
Sell 3.52 K
USD
|
MURTHY RAMESH
SVP and CAO
|
- 3348
|
1.05 USD |
|
6 months ago
Jul 03, 2024
|
Sell 25.5 K
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 10937
|
2.33 USD |
|
6 months ago
Jul 03, 2024
|
Sell 25.5 K
USD
|
MURTHY RAMESH
SVP and CAO
|
- 10948
|
2.33 USD |
|
11 months ago
Feb 07, 2024
|
Sell 119
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 745
|
0.16 USD |
|
11 months ago
Jan 24, 2024
|
Sell 219
USD
|
MURTHY RAMESH
SVP and CAO
|
- 1217
|
0.18 USD |
|
1 year ago
Jan 02, 2024
|
Sell 228
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 912
|
0.25 USD |
|
1 year ago
Jan 04, 2024
|
Sell 792
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 3444
|
0.23 USD |
|
1 year ago
Dec 26, 2023
|
Sell 49.2
USD
|
MURTHY RAMESH
SVP and CAO
|
- 205
|
0.24 USD |
|
1 year ago
Nov 20, 2023
|
Sell 169
USD
|
MURTHY RAMESH
SVP and CAO
|
- 527
|
0.32 USD |
|
1 year ago
Nov 20, 2023
|
Sell 7.19 K
USD
|
Sheeran Josette
President
|
- 22484
|
0.32 USD |
|
1 year ago
Nov 07, 2023
|
Sell 260
USD
|
MURTHY RAMESH
SVP and CAO
|
- 1001
|
0.26 USD |
|
1 year ago
Oct 02, 2023
|
Sell 1.33 K
USD
|
MURTHY RAMESH
SVP and CAO
|
- 2707
|
0.49 USD |
|
1 year ago
Oct 02, 2023
|
Sell 1.38 K
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 2814
|
0.49 USD |
|
1 year ago
Aug 21, 2023
|
Sell 248
USD
|
MURTHY RAMESH
SVP and CAO
|
- 577
|
0.43 USD |
|
1 year ago
Aug 21, 2023
|
Sell 10.8 K
USD
|
Sheeran Josette
President
|
- 25052
|
0.43 USD |
|
1 year ago
Jul 18, 2023
|
Sell 694
USD
|
MURTHY RAMESH
SVP and CAO
|
- 992
|
0.7 USD |
|
1 year ago
Jul 05, 2023
|
Sell 1.37 K
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 2490
|
0.55 USD |
|
1 year ago
Jul 05, 2023
|
Sell 1.32 K
USD
|
MURTHY RAMESH
SVP and CAO
|
- 2394
|
0.55 USD |
|
1 year ago
Jun 16, 2023
|
Sell 123
USD
|
MURTHY RAMESH
SVP and CAO
|
- 173
|
0.71 USD |
|
1 year ago
May 16, 2023
|
Sell 312
USD
|
MURTHY RAMESH
SVP and CAO
|
- 496
|
0.63 USD |
|
1 year ago
Apr 17, 2023
|
Sell 640
USD
|
MURTHY RAMESH
SVP and CAO
|
- 945
|
0.677 USD |
|
1 year ago
Apr 03, 2023
|
Sell 2.2 K
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 3380
|
0.65 USD |
|
1 year ago
Apr 03, 2023
|
Sell 2.11 K
USD
|
MURTHY RAMESH
SVP and CAO
|
- 3250
|
0.65 USD |
|
1 year ago
Mar 16, 2023
|
Sell 609
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 1069
|
0.57 USD |
|
1 year ago
Mar 16, 2023
|
Sell 112
USD
|
MURTHY RAMESH
SVP and CAO
|
- 197
|
0.57 USD |
|
1 year ago
Feb 16, 2023
|
Sell 582
USD
|
MURTHY RAMESH
SVP and CAO
|
- 640
|
0.91 USD |
|
2 years ago
Jan 18, 2023
|
Sell 1.57 K
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 1182
|
1.33 USD |
|
2 years ago
Jan 06, 2023
|
Sell 15.8 K
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 14384
|
1.1 USD |
|
2 years ago
Jan 06, 2023
|
Sell 15.2 K
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 13832
|
1.1 USD |
|
2 years ago
Dec 16, 2022
|
Sell 211
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 170
|
1.24 USD |
|
2 years ago
Dec 16, 2022
|
Sell 1.11 K
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 898
|
1.24 USD |
|
2 years ago
Nov 23, 2022
|
Sell 11.4 K
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 10735
|
1.06 USD |
|
2 years ago
Nov 23, 2022
|
Sell 11.8 K
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 11164
|
1.06 USD |
|
2 years ago
Nov 21, 2022
|
Bought
5 M USD
|
Aquila Tony
Executive Chairman and CEO
|
+ 4504505
|
1.11 USD |
|
2 years ago
Nov 16, 2022
|
Sell 53.1 K
USD
|
Sheeran Josette
President
|
- 36880
|
1.44 USD |
|
2 years ago
Nov 16, 2022
|
Sell 743
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 516
|
1.44 USD |
|
2 years ago
Oct 17, 2022
|
Sell 1.34 K
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 972
|
1.38 USD |
|
2 years ago
Sep 16, 2022
|
Sell 2.47 K
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 910
|
2.71 USD |
|
2 years ago
Sep 16, 2022
|
Sell 458
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 169
|
2.71 USD |
|
2 years ago
Sep 13, 2022
|
Bought
516 K USD
|
Aquila Tony
Executive Chairman and CEO
|
+ 200000
|
2.579 USD |
|
2 years ago
Aug 17, 2022
|
Sell 1.99 K
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 511
|
3.9 USD |
|
2 years ago
Aug 17, 2022
|
Sell 422 K
USD
|
Sheeran Josette
President
|
- 108211
|
3.9 USD |
|
2 years ago
Aug 12, 2022
|
Bought
797 K USD
|
Aquila Tony
Executive Chairman and CEO
|
+ 200000
|
3.985 USD |
|
2 years ago
Jul 20, 2022
|
Sell 8.18 M
USD
|
DD Global Holdings Ltd
10 percent owner
|
- 2000000
|
4.0881 USD |
|
2 years ago
Jul 20, 2022
|
Sell 2.41 M
USD
|
Champ Key Ltd
director:
|
- 600000
|
4.0177 USD |
|
2 years ago
Jul 21, 2022
|
Sell 2.41 M
USD
|
DD Global Holdings Ltd
10 percent owner
|
- 600000
|
4.0177 USD |
|
2 years ago
Jul 19, 2022
|
Sell 16.9 K
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 4177
|
4.05 USD |
|
2 years ago
Jul 18, 2022
|
Sell 2.45 M
USD
|
Champ Key Ltd
director:
|
- 603825
|
4.0541 USD |
|
2 years ago
Jul 18, 2022
|
Sell 2.45 M
USD
|
DD Global Holdings Ltd
10 percent owner
|
- 603825
|
4.0541 USD |
|
2 years ago
Jul 19, 2022
|
Sell 4.92 M
USD
|
DD Global Holdings Ltd
10 percent owner
|
- 1228205
|
4.0096 USD |
|
2 years ago
Jun 23, 2022
|
Sell 9.59 K
USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY
|
- 4063
|
2.36 USD |
|
2 years ago
Jun 23, 2022
|
Sell 1.77 K
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 749
|
2.36 USD |
|
2 years ago
May 20, 2022
|
Sell 1.61 K
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 439
|
3.67 USD |
|
2 years ago
Mar 15, 2022
|
Sell 68.6 M
USD
|
Champ Key Ltd
director:
|
- 10500000
|
6.53 USD |
|
2 years ago
Mar 15, 2022
|
Sell 68.6 M
USD
|
DD Global Holdings Ltd
10 percent owner
|
- 10500000
|
6.53 USD |
|
2 years ago
Mar 15, 2022
|
Bought
0 USD
|
Champ Key Ltd
director:
|
+ 10500000
|
0 USD |
|
2 years ago
Mar 15, 2022
|
Bought
0 USD
|
DD Global Holdings Ltd
10 percent owner
|
+ 10500000
|
0 USD |
|
2 years ago
Mar 04, 2022
|
Bought
260 K USD
|
DATTILO THOMAS A
director:
|
+ 50000
|
5.2 USD |
|
2 years ago
Feb 16, 2022
|
Sell 15.2 K
USD
|
MURTHY RAMESH
SVP, ICFO and CAO
|
- 2459
|
6.17 USD |
|
3 years ago
Nov 22, 2021
|
Bought
230 M USD
|
Aquila Tony
Executive Chairman and CEO
|
+ 35273268
|
6.53 USD |
|
3 years ago
Nov 18, 2021
|
Bought
410 K USD
|
DATTILO THOMAS A
Director
|
+ 40000
|
10.26 USD |
|
3 years ago
Nov 22, 2021
|
Sell 230 M
USD
|
DD Global Holdings Ltd
10 percent owner
|
- 35273268
|
6.53 USD |
|
4 years ago
Dec 21, 2020
|
Bought
5 M USD
|
Hennessy Capital Partners IV LLC
10 percent owner
|
+ 500000
|
10 USD |
|
4 years ago
Jul 23, 2020
|
Sell 1.53 M
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 125111
|
12.23 USD |
|
4 years ago
Jul 20, 2020
|
Sell 1.1 M
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 100000
|
11.05 USD |
|
4 years ago
Jul 21, 2020
|
Sell 1.3 K
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 100
|
13 USD |
|
4 years ago
Jul 21, 2020
|
Sell 588
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 53
|
11.1 USD |
|
4 years ago
Jul 21, 2020
|
Sell 60.2 K
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 5424
|
11.1 USD |
|
4 years ago
Jul 22, 2020
|
Sell 6.5 K
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 500
|
13 USD |
|
4 years ago
Jul 22, 2020
|
Sell 315 K
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 28355
|
11.1 USD |
|
4 years ago
Jul 09, 2020
|
Sell 460 K
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 42228
|
10.9 USD |
|
4 years ago
Jul 10, 2020
|
Sell 212 K
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 19152
|
11.06 USD |
|
4 years ago
Jul 06, 2020
|
Sell 246 K
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 22797
|
10.8 USD |
|
4 years ago
Jul 01, 2020
|
Sell 55 K
USD
|
GLAZER CAPITAL, LLC
10 percent owner
|
- 5050
|
10.9 USD |
7. News
Is Canoo (GOEV) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
zacks.com
- 2 weeks ago
Bet On These 5 Top-Ranked Stocks With Rising P/E
Tap five stocks with increasing P/E ratios for an out-of-the-box approach. These stocks are Constellation Brands, Stryve Foods, Canoo, Fortuna Mining & Qualcomm.
zacks.com
- 3 weeks ago
EV startup Canoo places remaining employees on a ‘mandatory unpaid break'
Struggling electric van startup Canoo has placed its remaining employees on what it's calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch.
techcrunch.com
- 4 weeks ago
Canoo Inc. Announces 1-for-20 Reverse Stock Split Effective December 24, 2024
JUSTIN, Texas, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.0001 per share (“Common Stock”), that will become effective on December 24, 2024, at 8:00 a.m., Eastern Time (“Effective Date”). Canoo's Common Stock will continue to trade on The Nasdaq Capital Market under the existing ticker symbol "GOEV" and will begin trading on a split-adjusted basis when the market opens on December 24, 2024. The new CUSIP number for Canoo's Common Stock following the reverse stock split will be 13803R300.
globenewswire.com
- 4 weeks ago
Canoo furloughs workers and idles factory as it scrapes for cash
Struggling EV startup Canoo says it has furloughed 82 employees and is idling its factory in Oklahoma while it grasps for the capital needed to survive. The company claims it is in “advanced discussions with various capital sources” to raise emergency funding.
techcrunch.com
- 1 month ago
Canoo Announces Furloughs and Factory Idle as it Focuses on Finalizing Securing Capital
JUSTIN, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company today announced the company has furloughed 82 employees, both salaried and hourly, and idling its factories in Oklahoma while it works to finalize securing the capital necessary to move forward with its operations. The company is in advanced discussions with various capital sources.
globenewswire.com
- 1 month ago
3 Tesla wannabe companies that may not survive the EV race
Electric vehicle stocks have diverged this year. On the one hand, we have Tesla whose shares have surged to a record high, giving it a market cap of over $1.4 trillion, and making it the eighth-biggest company in the world.
invezz.com
- 1 month ago
Canoo stock price: Is GOEV a good contrarian buy?
Canoo stock price has imploded, costing long-term investors millions of dollars over time. GOEV shares plunged by over 24% on Friday after it unveiled another round of furloughs as odds of survival remained slim.
invezz.com
- 1 month ago
Bet on 5 Top-Ranked Stocks With Rising P/E
Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Stryve Foods, Nevro, Canoo, MSA Safety and VTEX.
zacks.com
- 1 month ago
Is It Worth Investing in Canoo (GOEV) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
zacks.com
- 1 month ago
Canoo stock forms rare pattern: could GOEV surge 670%?
Canoo stock price has collapsed this year, raising concerns that the electric vehicle company may be about to collapse. GOEV shares have crashed by over 53% in the last 30 days and 92% this year, bringing its market cap to about $43 million.
invezz.com
- 1 month ago
Is Canoo (GOEV) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
zacks.com
- 1 month ago
8. Profile
Summary
Canoo Inc. GOEV
COUNTRY
US
INDUSTRY
Auto - Manufacturers
MARKET CAP
$ 19.6 M
Dividend Yield
0.00%
Description
Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups. It also provides multi-purpose platform architecture is a self-contained, fully functional rolling chassis design to support various range of vehicle weight and ride profiles. The company serves to small businesses, independent contractors, tradespeople, utilities, and service technicians. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.
Contact
19951 Mariner Avenue, Torrance, CA, 90503
https://www.canoo.com
IPO
Date
April 16, 2019
Employees
651
Officers
Mr. Ramesh Murthy
Senior Vice President of Finance & Chief Accounting Officer and Chief Administrative Officer
Mr. Kunal Bhalla
Chief Financial Officer
Mr. Anthony Aquila
Executive Chairman & Chief Executive Officer
Sean Yan
General Counsel & Secretary