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Canoo Inc

Canoo Inc (GOEV)

0.4547
-0.0252
( -5.25% )
Updated: 13:55:33

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.4547
Bid
0.4525
Ask
0.4574
Volume
4,354,222
0.4327 Day's Range 0.4901
0.37 52 Week Range 8.7147
Market Cap
Previous Close
0.4799
Open
0.48
Last Trade
198
@
0.4547
Last Trade Time
13:55:33
Financial Volume
US$ 1,976,630
VWAP
0.453957
Average Volume (3m)
5,191,956
Shares Outstanding
96,781,230
Dividend Yield
-
PE Ratio
-6.23
Earnings Per Share (EPS)
-3.13
Revenue
886k
Net Profit
-302.62M

About Canoo Inc

Canoo Inc is a mobility technology company. The company designs and manufactures electric vehicles for both commercial and consumer markets. The product pipeline includes three vehicle programs: Electric delivery vehicles, Lifestyle vehicle, and Sports vehicle. Canoo Inc is a mobility technology company. The company designs and manufactures electric vehicles for both commercial and consumer markets. The product pipeline includes three vehicle programs: Electric delivery vehicles, Lifestyle vehicle, and Sports vehicle.

Sector
Motor Vehicle Part,accessory
Industry
Motor Vehicle Part,accessory
Website
Headquarters
Wilmington, Delaware, USA
Founded
-
Canoo Inc is listed in the Motor Vehicle Part,accessory sector of the NASDAQ with ticker GOEV. The last closing price for Canoo was US$0.48. Over the last year, Canoo shares have traded in a share price range of US$ 0.37 to US$ 8.7147.

Canoo currently has 96,781,230 shares outstanding. The market capitalization of Canoo is US$46.45 million. Canoo has a price to earnings ratio (PE ratio) of -6.23.

GOEV Latest News

Canoo Partners with Northside Truck & Van to Deliver its Initial Parts Network and Reliable Service, Maintenance, and Repair Services to Customers in the United Kingdom

JUSTIN, Texas and LONDON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced a new service, maintenance, and repair (SMR...

Canoo Inc. Announces Third Quarter 2024 Results

Quarterly revenue of $0.9 million, and year-to-date revenue of $1.50 millionQuarterly Adjusted EBITDA was $(37.7) million, an improvement of 2% versus Q3 2023Adjusted Net Loss Per Share was...

Canoo Schedules Third Quarter 2024 Earnings Conference Call and Webcast

JUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the third quarter...

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...

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...

Canoo LDV 190 Named “Overall Electric Vehicle of the Year” by AutoTech Breakthrough

JUSTIN, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that its Lifestyle Delivery Vehicle 190 (LDV 190) has won the...

Canoo Launches Commercial Operations and Activation Center in the United Kingdom

Canoo to establish first European location in Bicester Motion allowing UK customers to experience and test drive Canoo’s right-hand drive commercial electric vansCanoo’s expansion poised to...

Canoo’s Oklahoma City Manufacturing Facility Achieves Final Activation as First Automotive Foreign-Trade Zone in the State of Oklahoma

FTZ activation insulates Canoo from import tariffs and allows for deferments and exemptions as the company expands its global presenceThe approval of Canoo's FTZ allows other vendors and partners...

Canoo Expands Presence in Oklahoma and Texas with Engineering Talent and Headquarters Relocation

JUSTIN, Texas, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a technology equipment manufacturer specializing in electric cargo vehicles for commercial, government and fleet...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.1704-27.25963845780.62510.62530.432753986870.50195811CS
4-0.4846-51.5916107740.93930.9580.3789015660.57346276CS
12-0.9953-68.64137931031.451.6150.3751919560.78244354CS
26-2.3053-83.52536231882.762.8150.3742939351.30132686CS
52-8.2577-94.78100179068.71248.71470.37219117493.76277308CS
156-231.8453-99.8042617305232.3307.050.371749651720.82906378CS
260-232.7653-99.8050338736233.22572.69540.371162294843.94335244CS

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GOEV Discussion

View Posts
Alvie Alvie 6 days ago
HC Wainwright & Co. Maintains Buy on Canoo, Lowers Price Target to $2
👍️0
threebabiesbusy threebabiesbusy 1 week ago
Agree, now they can just get a certified welder! I’m in the industry. I can recommend someone.Lol
👍️0
gladeshawk gladeshawk 1 week ago
"IF" they get a handle on things, mostly production, next year could be a breakout year for them. "IF" so then the pps is vastly undervalued. HAWK
👍️0
Alvie Alvie 1 week ago
Canoo Q3 Earnings: Revenue Miss, EPS Beat, Continued Operations Consolidation And More
Benzinga
34 mins ago
Canoo Inc (GOEV.NaE) reported third-quarter financial results after the market close on Wednesday. Here’s a rundown of the EV maker’s report.

Q3 Revenue: $891,000, versus estimates of $2.11 million
Q3 Adjusted EPS: Loss of 54 cents, versus estimates for a loss of 77 cents
Canoo (GOEV.NaE) reported a quarterly cash outflow of $31.3 million, down 20.7% from the second quarter and down 58.6% on a year-over-year basis. The company ended the quarter with $16 million in cash, cash equivalents and restricted cash.

“While we focus on our core markets we must continue to take aggressive actions to consolidate our operations, reduce costs, and catch-up to our plan. This starts from the top led by a committed executive team, which is willing to take short-term pay cuts for long-term incentives and believes in the value we create for our customers, associates and shareholders,” said Tony Aquila, executive chairman and CEO of Canoo (GOEV.NaE).

“This will continue to be a difficult and critical period as we do everything we can to get the capital in place, bring jobs back online, and get back on track with our step-level manufacturing plan.”

Outlook: Canoo (GOEV.NaE) expects fourth-quarter cash outflow to be between $30 million and $40 million. The company anticipates a fourth-quarter adjusted EBITDA loss of 30 million to $35 million, versus a loss of $38 million in the third quarter.

The company noted the consolidation of its operations from California to Texas and Oklahoma is expected to result in estimated future savings of approximately $12 million to $14 million per year.
👍️0
Alvie Alvie 1 week ago
Canoo Q3 2024 Adj EPS $(0.54) Beats $(0.77) Estimate, Sales $891.00K Miss $2.11M Estimate
Benzinga
9 mins ago
Canoo (GOEV.NaE) reported quarterly losses of $(0.54) per share which beat the analyst consensus estimate of $(0.77) by 29.87 percent. This is a 68.42 percent increase over losses of $(1.71) per share from the same period last year. The company reported quarterly sales of $891.00 thousand which missed the analyst consensus estimate of $2.11 million by 57.82 percent. This is a 71.68 percent increase over sales of $519.00 thousand the same period last year.
👍️0
georgie18 georgie18 1 week ago
GOEV...7432...🥳...All out today from my .55 buys...hit .85 in the P/M...and .75 today...will watch for another entry...

georgie18

Member Level
Re: georgie18 post# 664541

Tuesday, November 12, 2024 10:32:48 AM

Post#
664584
of 664672
GOEV...69s off the .60 range dip...Hit 85s in the P/M...🥳

georgie18

Member Level
Re: georgie18 post# 1116

Tuesday, November 12, 2024 8:58:04 AM

Post#
1117
of 1117
GOEV...80s hitting here with 400,000 Bidder hiding at .7938...🥳

GOEV...76s clearing here off my .55 range Alert...🥳

georgie18

Member Level
Re: georgie18 post# 1111

Monday, November 11, 2024 5:24:13 PM

Post#
1112
of 1115
GOEV...71s clearing here ...🥳...off my 55 range alert...

georgie18

Member Level
Re: georgie18 post# 664460

Monday, November 11, 2024 3:14:38 PM

Post#
664484
of 664504
GOEV...6554...HOD...Off my .55 range Alert...🥳

georgie18

Member Level
Re: georgie18 post# 1109

Monday, November 11, 2024 2:24:13 PM

Post#
1110
of 1110
GOEV...619...Psar flipped Bullish here...🥳

georgie18

Member Level
Re: georgie18 post# 664351

Monday, November 11, 2024 9:32:55 AM

Post#
664377
of 664460
GOEV...585...Off my .55 Alert...🥳

georgie18

Member Level
Re: None

Monday, November 11, 2024 7:28:09 AM

Post#
1108
of 1108
GOEV...55... 🥳... https://schrts.co/RmmKafJY ...Bullish Squeeze Alert Reversal Pattern to the Upside...
👍️0
rickn23 rickn23 1 week ago
Canoo tested its electric delivery vans for Walmart without airbags despite employees raising red flags, sources say

https://fortune.com/2024/11/12/canoo-electric-delivery-vans-walmart-no-airbags/
👍️0
georgie18 georgie18 1 week ago
GOEV...69s off the .60 range dip...Hit 85s in the P/M...🥳

georgie18

Member Level
Re: georgie18 post# 1116

Tuesday, November 12, 2024 8:58:04 AM

Post#
1117
of 1117
GOEV...80s hitting here with 400,000 Bidder hiding at .7938...🥳

GOEV...76s clearing here off my .55 range Alert...🥳

georgie18

Member Level
Re: georgie18 post# 1111

Monday, November 11, 2024 5:24:13 PM

Post#
1112
of 1115
GOEV...71s clearing here ...🥳...off my 55 range alert...

georgie18

Member Level
Re: georgie18 post# 664460

Monday, November 11, 2024 3:14:38 PM

Post#
664484
of 664504
GOEV...6554...HOD...Off my .55 range Alert...🥳

georgie18

Member Level
Re: georgie18 post# 1109

Monday, November 11, 2024 2:24:13 PM

Post#
1110
of 1110
GOEV...619...Psar flipped Bullish here...🥳

georgie18

Member Level
Re: georgie18 post# 664351

Monday, November 11, 2024 9:32:55 AM

Post#
664377
of 664460
GOEV...585...Off my .55 Alert...🥳

georgie18

Member Level
Re: None

Monday, November 11, 2024 7:28:09 AM

Post#
1108
of 1108
GOEV...55... 🥳... https://schrts.co/RmmKafJY ...Bullish Squeeze Alert Reversal Pattern to the Upside...
👍️0
georgie18 georgie18 1 week ago
GOEV...80s hitting here with 400,000 Bidder hiding at .7938...🥳

GOEV...76s clearing here off my .55 range Alert...🥳

georgie18

Member Level
Re: georgie18 post# 1111

Monday, November 11, 2024 5:24:13 PM

Post#
1112
of 1115
GOEV...71s clearing here ...🥳...off my 55 range alert...

georgie18

Member Level
Re: georgie18 post# 664460

Monday, November 11, 2024 3:14:38 PM

Post#
664484
of 664504
GOEV...6554...HOD...Off my .55 range Alert...🥳

georgie18

Member Level
Re: georgie18 post# 1109

Monday, November 11, 2024 2:24:13 PM

Post#
1110
of 1110
GOEV...619...Psar flipped Bullish here...🥳

georgie18

Member Level
Re: georgie18 post# 664351

Monday, November 11, 2024 9:32:55 AM

Post#
664377
of 664460
GOEV...585...Off my .55 Alert...🥳

georgie18

Member Level
Re: None

Monday, November 11, 2024 7:28:09 AM

Post#
1108
of 1108
GOEV...55... 🥳... https://schrts.co/RmmKafJY ...Bullish Squeeze Alert Reversal Pattern to the Upside...
👍️0
georgie18 georgie18 1 week ago
GOEV...76s clearing here off my .55 range Alert...🥳

georgie18

Member Level
Re: georgie18 post# 1111

Monday, November 11, 2024 5:24:13 PM

Post#
1112
of 1115
GOEV...71s clearing here ...🥳...off my 55 range alert...

georgie18

Member Level
Re: georgie18 post# 664460

Monday, November 11, 2024 3:14:38 PM

Post#
664484
of 664504
GOEV...6554...HOD...Off my .55 range Alert...🥳

georgie18

Member Level
Re: georgie18 post# 1109

Monday, November 11, 2024 2:24:13 PM

Post#
1110
of 1110
GOEV...619...Psar flipped Bullish here...🥳

georgie18

Member Level
Re: georgie18 post# 664351

Monday, November 11, 2024 9:32:55 AM

Post#
664377
of 664460
GOEV...585...Off my .55 Alert...🥳

georgie18

Member Level
Re: None

Monday, November 11, 2024 7:28:09 AM

Post#
1108
of 1108
GOEV...55... 🥳... https://schrts.co/RmmKafJY ...Bullish Squeeze Alert Reversal Pattern to the Upside...
👍️0
gladeshawk gladeshawk 1 week ago
My chart indicators had it way into oversold territory. This run could take it to $2 plus range. Just my take. HAWK
👍️0
georgie18 georgie18 1 week ago
It’s a chert play for me…that’s what 90% of what I buy are…🥳
👍️0
Ricorich Ricorich 1 week ago
What's driving the price up?
👍️0
georgie18 georgie18 1 week ago
GOEV...71s clearing here ...🥳...off my 55 range alert...

georgie18

Member Level
Re: georgie18 post# 664460

Monday, November 11, 2024 3:14:38 PM

Post#
664484
of 664504
GOEV...6554...HOD...Off my .55 range Alert...🥳

georgie18

Member Level
Re: georgie18 post# 1109

Monday, November 11, 2024 2:24:13 PM

Post#
1110
of 1110
GOEV...619...Psar flipped Bullish here...🥳

georgie18

Member Level
Re: georgie18 post# 664351

Monday, November 11, 2024 9:32:55 AM

Post#
664377
of 664460
GOEV...585...Off my .55 Alert...🥳

georgie18

Member Level
Re: None

Monday, November 11, 2024 7:28:09 AM

Post#
1108
of 1108
GOEV...55... 🥳... https://schrts.co/RmmKafJY ...Bullish Squeeze Alert Reversal Pattern to the Upside...
👍️0
georgie18 georgie18 1 week ago
GOEV...6554...HOD...Off my .55 range Alert...🥳

georgie18

Member Level
Re: georgie18 post# 1109

Monday, November 11, 2024 2:24:13 PM

Post#
1110
of 1110
GOEV...619...Psar flipped Bullish here...🥳

georgie18

Member Level
Re: georgie18 post# 664351

Monday, November 11, 2024 9:32:55 AM

Post#
664377
of 664460
GOEV...585...Off my .55 Alert...🥳

georgie18

Member Level
Re: None

Monday, November 11, 2024 7:28:09 AM

Post#
1108
of 1108
GOEV...55... 🥳... https://schrts.co/RmmKafJY ...Bullish Squeeze Alert Reversal Pattern to the Upside...
👍️0
georgie18 georgie18 1 week ago
GOEV...619...Psar flipped Bullish here...🥳

georgie18

Member Level
Re: georgie18 post# 664351

Monday, November 11, 2024 9:32:55 AM

Post#
664377
of 664460
GOEV...585...Off my .55 Alert...🥳

georgie18

Member Level
Re: None

Monday, November 11, 2024 7:28:09 AM

Post#
1108
of 1108
GOEV...55... 🥳... https://schrts.co/RmmKafJY ...Bullish Squeeze Alert Reversal Pattern to the Upside...
👍️0
georgie18 georgie18 1 week ago
GOEV...585...Off my .55 Alert...🥳

georgie18

Member Level
Re: None

Monday, November 11, 2024 7:28:09 AM

Post#
1108
of 1108
GOEV...55... 🥳... https://schrts.co/RmmKafJY ...Bullish Squeeze Alert Reversal Pattern to the Upside...
👍️0
georgie18 georgie18 1 week ago
GOEV...55... 🥳... https://schrts.co/RmmKafJY ...Bullish Squeeze Alert Reversal Pattern to the Upside...
👍️ 1
Garbone Garbone 2 weeks ago
I think I looked at and decided against putting anything down to reserve a Pickup with this company over a year ago. They do not seem to have any type of management concerned with actually producing product. They seem crazy inept.

Looking at their job postings, they have been looking for a Welding inspector since May and it seems they may have cleaned house in their design department in September. This may have to do with their HQ moving but it is all pretty nuts for a company that said it would be producing thousands of units by this stage.
👍️0
rickn23 rickn23 2 weeks ago
I read this almost a week ago. I had not heard about the furlough at the time, so it was out of context. Things could be much worst than the company is letting on.

Canoo Workers Claim Furlough Affects 80-90% of Factory Staff, Not 23% as Announced
https://eletric-vehicles.com/canoo/canoo-workers-claim-furlough-affects-80-90-of-factory-staff-not-23-as-announced/
👍️0
threebabiesbusy threebabiesbusy 2 weeks ago
I’m part of group that posts hard to find information and due diligence. I haven’t yet verified the information but thought it might have some validity given stock action this week. I tried to c&p the article but it wouldn’t allow me to. Could be craziness.
👍️0
gladeshawk gladeshawk 2 weeks ago
I have not heard of those huge numbers for orders. If so, then the pps is vastly undervalued. TWT. HAWK
👍️0
fizzlegig fizzlegig 2 weeks ago
Honestly it does not look rosey.

Both the previous CFO and General Council resigned and have been replaced.
SEC Filing

Last founder left a few weeks ago.
Lawsuits from vendors.
Tech Crunch

AFV was founded by Tony Aquila.
https://www.afvpartners.com/

The "temporary furlough" with a not so promising interview with one of those furloughed about the ability of the OK facility to produce or the validity of the vehicles turned over to the OK state being actually produced in OK as reported.
KFOR-TV news

I sincerely hope the financials next week give a more positive outlook than recent events, but I am not that optimistic.

Regards,
Fizzlegig
👍️0
threebabiesbusy threebabiesbusy 2 weeks ago
Rumor has that they have $3 billion worth of orders from Walmart and USPS was 750 million of that 3 billion confirmed. FedEx is still a strong target
👍️0
gladeshawk gladeshawk 2 weeks ago
GOEV is very undervalued imho. Should be over $1.00. Just my take. HAWK
👍️0
Alvie Alvie 2 weeks ago
Hadn't seen this from Oct. 31 and Nov 5 and not sure what it means as Kunal Bhalla has been CFO since 2021. Can't find this info anyplace else, it just showed up on Fidelity......

BRIEF-Canoo Inc -On Oct 31, Announced Appointment Of Kunal Bhalla As Its CFO
Reuters 2024-11-05T17:58:00-05:00
Nov 5 (Reuters) - Canoo Inc (GOEV.NaE) :

* ON OCT 31 , ANNOUNCED APPOINTMENT OF KUNAL BHALLA AS ITS CHIEF FINANCIAL OFFICER

* TO TEMPORARILY REDUCE ITS WORKFORCE IN OKLAHOMA CITY BY FURLOUGHING 23% OF ITS FACTORY WORKERS

* FURLOUGHING OF SOME FACTORY WORKERS IN IN OKLAHOMA CITY FOR TWELVE WEEKS

* ENTERED REVOLVING CREDIT FACILITY AGREEMENT & RELATED SECURITY AGREEMENT WITH AFV

* UNDER AGREEMENT AFV MAY PROVIDE WORKING CAPITAL ADVANCES TO CO OF UP TO $12 MILLION FOR A PERIOD OF UP TO 12 MONTHS
👍️0
gladeshawk gladeshawk 2 weeks ago
IMHO< It all depends on whether or not production timeline the company has put out to investors happens. More product "out the door" and more orders coming in. I would love to get that "Bulldog" truck. That Tesla truck is a POS. HAWK
👍️0
Alvie Alvie 2 weeks ago
Don't disagree, but it might just be spread out over a longer period of time...
👍️0
gladeshawk gladeshawk 2 weeks ago
True, but it's still a big market. USPS contract would be 10-12K vehicles. Walmart 5-6K. Plus overseas markets. I believe the state of Okla. order was 100. We shall see. HAWK
👍️0
Alvie Alvie 2 weeks ago
Most of the EV stocks are down today after Trump's win - fearful that the pressure will be off to convert to EV models.
👍️0
gladeshawk gladeshawk 2 weeks ago
I picked up some shares at .38. No big buys. I still believe they will get some type of USPS order. They should have production ramped up by the 1st Qtr. TWT. HAWK
👍️0
gladeshawk gladeshawk 2 weeks ago
Some response from the company to this drop in pps would help. IF there is a problem I cannot find anything in terms of bad news. I continue to see this as a very oversold stock. TWT if I am right on this. HAWK
👍️0
Alvie Alvie 2 weeks ago
Agree. Also got some at 0.384
👍️0
gladeshawk gladeshawk 2 weeks ago
Bought a few hundred at .38. Oversold, IMHO. HAWK
👍️0
Monksdream Monksdream 2 weeks ago
GOEV, new 52 week low
👍️0
willlbone willlbone 2 weeks ago
GoEver lower.
👍️0
Monksdream Monksdream 3 weeks ago
GOEV, new 52 week low
👍️0
351stang 351stang 3 weeks ago
what a piece of shit
👍️0
gladeshawk gladeshawk 3 weeks ago
Bought a few hundred avg. low .60s. Holding off on big buys for now. IMHO, oversold, but it can get more oversold next week. TWT. HAWK
👍️0
Alvie Alvie 3 weeks ago
Getting closer to your 0.50 buy target - unfortunately....

Volume remains fairly low, no major investors capitulating, but sufficient to allow MM's to continue lowering price, although volume is increasing as I write.
👍️0
Alvie Alvie 3 weeks ago
Looks like Canoo has a definite focus on the UK:

Canoo Receives Regulatory Approval for UK Pilot Vehicles

Canoo Partners with The AA in the UK
👍️0
Monksdream Monksdream 3 weeks ago
GOEV new 52 week low
👍️0
gladeshawk gladeshawk 1 month ago
I'm making a bet the USPS contract comes in sometime next year. Could be as many as 12,000 units. TWT. HAWK
👍️0
Alvie Alvie 1 month ago
A COUPLE OF ACTIVITY SPURTS (300,000 SHARES TRADED IN 1 MINUTE), GOT IT BACK OVER 1. LET'S SEE IF IT HOLDS
👍️0
bigunit18 bigunit18 1 month ago
JUSTIN, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: NASDAQ:GOEV), a high-tech advanced mobility company, today announced that its Lifestyle Delivery Vehicle 190 (LDV 190) has won the Overall Electric Vehicle of the Year award by AutoTech Breakthrough Awards
👍️0
bigunit18 bigunit18 1 month ago
Canoo Inc. (NASDAQ:GOEV), a company specializing in motor vehicle parts and accessories, has entered into a funding agreement with YA II PN, Ltd., a Cayman Islands-based investment firm. The agreement, effective as of Monday, October 11, 2024, includes a supplemental advance of approximately $2.66 million from YA II PN, Ltd. to Canoo Inc.
This transaction is part of a larger arrangement that could provide Canoo with up to $100 million in funding.
👍️0
TRUSTUNITS1000000 TRUSTUNITS1000000 1 month ago
Down today
👍️0
Alvie Alvie 1 month ago
If they can't keep the share price above 1, they are going to have to do another r/s, hopefully not 23/1.....

Solid PR would help, as would good news on next month's quarterly report.
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TRUSTUNITS1000000 TRUSTUNITS1000000 1 month ago
Dropped today so far stock price
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TRUSTUNITS1000000 TRUSTUNITS1000000 1 month ago
Interesting, you think another one
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