Consumer Cyclical - Auto - Manufacturers - NASDAQ - US
$ 0.5033
-6.14 %
$ 43.7 M
Market Cap
-0.08
P/E
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.[ Read More ]
The intrinsic value of one GOEV stock under the base case scenario is HIDDEN Compared to the current market price of 0.503 USD, Canoo Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart GOEV
FINANCIALS
886 K
REVENUE
-268 M
OPERATING INCOME
-302 M
NET INCOME
-251 M
OPERATING CASH FLOW
-67.1 M
INVESTING CASH FLOW
288 M
FINANCING CASH FLOW
891 K
REVENUE
-59.2 M
OPERATING INCOME
3.26 M
NET INCOME
-26.5 M
OPERATING CASH FLOW
-2.81 M
INVESTING CASH FLOW
26.3 M
FINANCING CASH FLOW
Balance Sheet Decomposition
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
-1730.36%
GROSS MARGIN
-30227.88%
OPERATING MARGIN
-34088.15%
NET MARGIN
-121.01%
ROE
-55.72%
ROA
-78.87%
ROIC
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
198.03%
GOEV Average Price Target
Wall Street Target
3 USD
496.07%
GOEV Highest Price Target
Wall Street Target
4.5 USD
794.10%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Canoo Inc.
Sold
0-3 MONTHS
12.1 K USD 3
3-6 MONTHS
51 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
8.77 K USD 3
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 |
|---|---|---|---|---|
|
2 months ago
Sep 17, 2024
|
Sell 3.52 K USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY |
- 3348
|
1.05 USD |
|
2 months ago
Sep 17, 2024
|
Sell 5.09 K USD
|
Ethridge Greg
Chief Financial Officer |
- 4849
|
1.05 USD |
|
2 months ago
Sep 17, 2024
|
Sell 3.52 K USD
|
MURTHY RAMESH
SVP and CAO |
- 3348
|
1.05 USD |
|
4 months ago
Jul 03, 2024
|
Sell 25.5 K USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY |
- 10937
|
2.33 USD |
|
4 months ago
Jul 03, 2024
|
Sell 25.5 K USD
|
MURTHY RAMESH
SVP and CAO |
- 10948
|
2.33 USD |
|
9 months ago
Feb 07, 2024
|
Sell 119 USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY |
- 745
|
0.16 USD |
|
9 months ago
Jan 24, 2024
|
Sell 219 USD
|
MURTHY RAMESH
SVP and CAO |
- 1217
|
0.18 USD |
|
10 months ago
Jan 02, 2024
|
Sell 228 USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY |
- 912
|
0.25 USD |
|
10 months ago
Jan 04, 2024
|
Sell 792 USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY |
- 3444
|
0.23 USD |
|
10 months ago
Dec 26, 2023
|
Sell 49.2 USD
|
MURTHY RAMESH
SVP and CAO |
- 205
|
0.24 USD |
|
11 months ago
Nov 20, 2023
|
Sell 169 USD
|
MURTHY RAMESH
SVP and CAO |
- 527
|
0.32 USD |
|
11 months 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 |
|
1 year ago
Jan 18, 2023
|
Sell 1.57 K USD
|
MURTHY RAMESH
SVP, ICFO and CAO |
- 1182
|
1.33 USD |
|
1 year ago
Jan 06, 2023
|
Sell 15.8 K USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY |
- 14384
|
1.1 USD |
|
1 year ago
Jan 06, 2023
|
Sell 15.2 K USD
|
MURTHY RAMESH
SVP, ICFO and CAO |
- 13832
|
1.1 USD |
|
1 year ago
Dec 16, 2022
|
Sell 211 USD
|
MURTHY RAMESH
SVP, ICFO and CAO |
- 170
|
1.24 USD |
|
1 year ago
Dec 16, 2022
|
Sell 1.11 K USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY |
- 898
|
1.24 USD |
|
1 year ago
Nov 23, 2022
|
Sell 11.4 K USD
|
MURTHY RAMESH
SVP, ICFO and CAO |
- 10735
|
1.06 USD |
|
1 year ago
Nov 23, 2022
|
Sell 11.8 K USD
|
Ruiz Hector M.
GENERAL COUNSEL, CORP SECY |
- 11164
|
1.06 USD |
|
1 year 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
|
DD Global Holdings Ltd
10 percent owner |
- 603825
|
4.0541 USD |
|
2 years ago
Jul 18, 2022
|
Sell 2.45 M USD
|
Champ Key Ltd
director: |
- 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
|
DD Global Holdings Ltd
10 percent owner |
- 10500000
|
6.53 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
|
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 |
|
2 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 |
|
2 years ago
Nov 22, 2021
|
Sell 230 M USD
|
DD Global Holdings Ltd
10 percent owner |
- 35273268
|
6.53 USD |
|
3 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
Canoo Inc. (GOEV) Q3 2024 Earnings Call Transcript
Canoo Inc. (NASDAQ:GOEV ) Q3 2024 Results Conference Call November 13, 2024 5:00 PM ET Company Participants Kunal Bhalla - Chief Financial Officer Tony Aquila - Executive Chairman & Chief Executive Officer Ramesh Murthy - SVP, Finance & Chief Accounting Officer & Chief Administrative Officer Conference Call Participants Amit Dayal - H.C. Wainwright Jawad Bhuiyan - Stifel Poe Fratt - Alliance Global Partners Operator Greetings.
seekingalpha.com
- 3 days ago
Canoo Inc. (GOEV) Reports Q3 Loss, Tops Revenue Estimates
Canoo Inc. (GOEV) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.90. This compares to loss of $1.61 per share a year ago.
zacks.com
- 3 days ago
Canoo Inc. Announces Third Quarter 2024 Results
JUSTIN, Texas, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the third quarter of 2024.
globenewswire.com
- 3 days ago
Brokers Suggest Investing in Canoo (GOEV): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
zacks.com
- 1 week ago
Canoo's CFO and top lawyer are the latest executives to leave
EV startup Canoo has lost its chief financial officer and its head lawyer, the latest in a string of executive departures as the company continues to struggle to find mass adoption of its electric work vans.
techcrunch.com
- 1 week ago
EV Company News For The Month Of October 2024
Global electric car sales Sept. 2024 up 31% YoY to ~20% share. China sales up 51% to 53% share. Europe up 6% to 26% share. USA down 13.7% to 10.49%. EV market news - Trump to propose making car loan interest fully tax-deductible. Several of Europe's biggest carmakers unveiled low-cost EVs at the Paris Motor Show. EV company news - Tesla launches Cybercab & Robovan AVs. BYD surpasses Tesla in quarterly revenue for the first time. Volkswagen hit by 60% fall in profits.
seekingalpha.com
- 1 week ago
Canoo stock analysis: the end is nearing for GOEV
Canoo (GOEV) stock price has continued its strong downfall, moving to its lowest level on record as doubts about its future have remained. It slipped to a low of $0.55 on Friday, bringing the year-to-date losses to 90%.
invezz.com
- 1 week ago
Canoo Partners with The AA in the UK for Premium Roadside Assistance Services to Commercial and Government Customers
JUSTIN, Texas and LONDON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that the company has signed an agreement with The AA, the UK's No.1 breakdown provider, to enhance the customer experience with premium service and repair for Canoo's commercial fleet and government customers throughout the United Kingdom. The AA (Automobile Association) has a rich history in the UK, having been established almost 120 years ago.
globenewswire.com
- 2 weeks ago
Canoo Inc. (GOEV) Laps the Stock Market: Here's Why
Canoo Inc. (GOEV) concluded the recent trading session at $0.92, signifying a +0.57% move from its prior day's close.
zacks.com
- 2 weeks ago
Canoo Inc. (GOEV) Advances While Market Declines: Some Information for Investors
In the closing of the recent trading day, Canoo Inc. (GOEV) stood at $0.96, denoting a +0.5% change from the preceding trading day.
zacks.com
- 3 weeks ago
Wall Street Bulls Look Optimistic About Canoo (GOEV): Should You Buy?
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
- 3 weeks ago
Canoo Receives Regulatory Approval for UK Pilot Vehicles
JUSTIN, Texas, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it has received the IVA (Individual Vehicle Approval) regulatory certificates, meeting the national technical requirements for its Right-Hand Drive (RHD) electric commercial delivery vans in the United Kingdom. This marks a significant milestone for Canoo as the company prepares for pilot testing the RHD variants of its LDV 130 and LDV 190 electric commercial delivery vans with a prestigious fleet in the United Kingdom.
globenewswire.com
- 3 weeks ago
8. Profile Summary
Canoo Inc. GOEV
COUNTRY
US
INDUSTRY
Auto - Manufacturers
MARKET CAP
$ 43.7 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. Anthony Aquila
Executive Chairman & Chief Executive Officer
Mr. Jonathan Douglas Wolff C.F.A.
Vice President of Capital Markets & Investor Relations