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Canoo NasdaqCM:GOEV Stock Report

Last Price

US$0.086

Market Cap

US$8.9m

7D

-35.2%

1Y

-98.4%

Updated

22 Dec, 2024

Data

Company Financials +

GOEV Stock Overview

A mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. More details

GOEV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Canoo Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Canoo
Historical stock prices
Current Share PriceUS$0.086
52 Week HighUS$7.08
52 Week LowUS$0.08
Beta1.14
1 Month Change-80.98%
3 Month Change-91.27%
1 Year Change-98.43%
3 Year Change-99.96%
5 Year Change-99.96%
Change since IPO-99.96%

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

Shareholder Returns

GOEVUS AutoUS Market
7D-35.2%-3.3%-2.4%
1Y-98.4%49.3%23.3%

Return vs Industry: GOEV underperformed the US Auto industry which returned 49.3% over the past year.

Return vs Market: GOEV underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is GOEV's price volatile compared to industry and market?
GOEV volatility
GOEV Average Weekly Movement26.9%
Auto Industry Average Movement10.7%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: GOEV's weekly volatility (27%) has been stable over the past year, but is still higher than 75% of US stocks.

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$8.90m
Earnings (TTM)-US$144.61m
Revenue (TTM)US$1.86m

4.8x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GOEV income statement (TTM)
RevenueUS$1.86m
Cost of RevenueUS$3.49m
Gross Profit-US$1.62m
Other ExpensesUS$142.99m
Earnings-US$144.61m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.39
Gross Margin-87.02%
Net Profit Margin-7,757.94%
Debt/Equity Ratio33.7%

How did GOEV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Canoo Inc. is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FrattAlliance Global Partners
Michael LeggBenchmark Company
John MurphyBofA Global Research