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Canoo NasdaqCM:GOEV Stock Report

Last Price

US$2.77

Market Cap

US$182.2m

7D

0%

1Y

-83.0%

Updated

03 May, 2024

Data

Company Financials +

GOEV Stock Overview

Canoo Inc., a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States.

GOEV fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Canoo Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Canoo
Historical stock prices
Current Share PriceUS$2.77
52 Week HighUS$19.50
52 Week LowUS$1.22
Beta1.24
1 Month Change12.15%
3 Month Change-29.16%
1 Year Change-82.98%
3 Year Change-98.44%
5 Year Change-98.78%
Change since IPO-98.78%

Recent News & Updates

Recent updates

Canoo stock surges on order for 9,300 EVs

Oct 17

Canoo: Saved From The Brink By Walmart

Oct 07

Canoo: Buy This Cheap EV Stock For The Long Term

Sep 07

Canoo: Yet Another SPAC Birthed EV Debacle

Aug 21

EV stock Canoo tumbles after second quarter's results

Aug 09

Canoo discloses ~$7.37M share sale by DD Global

Jul 21

Canoo stock jumps after the U.S. Army selects it's multi-purpose platform for analysis and demonstration

Jul 14

Canoo Is Fighting For Its Life

Jun 19

Canoo: A Sinking EV Maker, Investors Should Don Lifejackets

Mar 22

Canoo's High Cash Burn May Lead To Further Dilution

Mar 11

Canoo Vs. Workhorse: Which Automobile Stock Is The Better Buy?

Jan 31

Canoo: A High-Potential Electric Vehicle Stock

Dec 03

Canoo Holds Value Following EV Pullbacks And Has Upcoming Catalysts For Next Year

Oct 11

Canoo: Heavily Shorted, But For Good Reason

Jul 23

Canoo bid up on electric vehicle partnership upside

Jan 11

Canoo stock continues its bouncy ride since going public

Jan 05

Shareholder Returns

GOEVUS AutoUS Market
7D0%6.1%0.7%
1Y-83.0%7.0%23.9%

Return vs Industry: GOEV underperformed the US Auto industry which returned 7.6% over the past year.

Return vs Market: GOEV underperformed the US Market which returned 24.2% over the past year.

Price Volatility

Is GOEV's price volatile compared to industry and market?
GOEV volatility
GOEV Average Weekly Movement29.1%
Auto Industry Average Movement9.9%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: GOEV's share price has been volatile over the past 3 months.

Volatility Over Time: GOEV's weekly volatility has increased from 19% to 29% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017651Tony Aquilawww.canoo.com

Canoo Inc., a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. the company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, advanced vehicle control electronics and software, and other critical components. It offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups; battery modules; and engineering services.

Canoo Inc. Fundamentals Summary

How do Canoo's earnings and revenue compare to its market cap?
GOEV fundamental statistics
Market capUS$182.24m
Earnings (TTM)-US$302.62m
Revenue (TTM)US$886.00k

201.3x

P/S Ratio

-0.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GOEV income statement (TTM)
RevenueUS$886.00k
Cost of RevenueUS$2.37m
Gross Profit-US$1.49m
Other ExpensesUS$301.13m
Earnings-US$302.62m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-4.70
Gross Margin-167.95%
Net Profit Margin-34,155.87%
Debt/Equity Ratio34.1%

How did GOEV perform over the long term?

See historical performance and comparison
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