Want to see GOEVQ full AI Analyst Report?
Canoo (GOEVQ) Price & Analysis
GOEVQ Stock Chart & Stats
- Day’s Range
- $0.00 - $0.01
- 52-Week Range
- $0.00 - $0.10
- Previous Close
- $0.01
- Volume
- 740.09K
- Average Volume (3M)
- 30.53K
- Market Cap
- $21.73K
- Enterprise Value
- $170.58M
- Total Cash (Recent Filing)
- $5.47M
- Total Debt (Recent Filing)
- $79.16M
- Price to Earnings (P/E)
- 0.0
- Beta
- 33.34
- Next Earnings
- N/A
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Revenue Growth
Canoo's record-breaking revenue indicates potential market acceptance and growth, which is crucial for scaling operations and improving financial health.
Cost Reduction
Effective cost management through reduced R&D expenses enhances operational efficiency and can lead to improved margins over time.
International Expansion
International expansion efforts, especially with major fleets, can diversify revenue streams and strengthen Canoo's market position globally.
Bears Say
Cash Flow Challenges
Persistent negative cash flow from operations indicates difficulty in sustaining business activities without external funding, posing long-term viability risks.
Delayed Production Plans
Delays in production capabilities can hinder Canoo's ability to meet demand and achieve economies of scale, affecting future revenue and profitability.
Workforce Reductions
Significant workforce reductions may impact operational capacity and morale, potentially slowing down project execution and innovation efforts.
Canoo News
GOEVQ FAQ
What was Canoo’s price range in the past 12 months?
What is Canoo’s market cap?
When is Canoo’s upcoming earnings report date?
How were Canoo’s earnings last quarter?
Is Canoo overvalued?
Does Canoo pay dividends?
What is Canoo’s EPS estimate?
How many shares outstanding does Canoo have?
What happened to Canoo’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Canoo?
What is the TipRanks Smart Score and how is it calculated?
Company Description
Canoo
Canoo, Inc. is a mobility technology company, which engages in the designing and developing of electric vehicles. It designed a multi-purpose platform to deliver maximum vehicle interior space and adaptable to support a wide range of vehicle applications for consumers and businesses. The company was founded on August 6, 2018 and is headquartered in Torrance, CA.
- Sector
- Consumercyclical
- Industry
- Auto - Manufacturers
- CEO
- Anthony Aquila
- Employees
- 754
- Website
- investors.canoo.com
- Address
- 19951 Mariner Avenue, Torrance, CA, 90503, US
Canoo (GOEVQ) Earnings & Revenues
GOEVQ Earnings Call
Earnings Call SentimentNeutral
The earnings call highlighted significant achievements in revenue, cost reduction, and international expansion. However, it also addressed notable challenges, including workforce reductions, delayed production plans, and capital alignment issues. The company is making strategic moves to focus on fleet customers and international markets.
View all GOEVQ earnings summariesTechnical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 1 | 0 | 4 |
| Technical Analysis | 1 | 0 | 0 |
| Moving Averages | 0 | 0 | 4 |
