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GOEV - Canoo Inc.

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Canoo Inc.

GOEV

OTC

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.

0.37 USD

0 (0%)

Latest GOEV News

Stuart Mooney

Jan 21, 2025

Market Analysis: Top Losers and Their Challenges

In today's market analysis, we examine the significant price movements and underlying factors affecting the top losers in the market. Our focus is on Canoo Inc. (NASDAQ:GOEV), Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA), Triller Group Inc. (NASDAQ:ILLRW), Nature's Miracle Holding Inc. Common Stock (NASDAQ:NMHI), and Perfect Corp. (NASDAQ:PERF-WT). These companies have experienced notable declines, reflecting various challenges and market conditions. Canoo Inc. (GOEV) experiences a dramatic decre...

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TechCrunch

Aug 23, 2024

Canoo's chief technology officer is out amid wider reorg

EV startup Canoo's chief technology officer Sohel Merchant has left the company, two people familiar with his departure have told TechCrunch.

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GlobeNewsWire

Aug 21, 2024

Canoo to Participate in Upcoming Investor Conferences

JUSTIN, Texas, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV ), a high-tech advanced mobility company, today announced that company leadership will participate in the following future investor conferences.

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Seeking Alpha

Aug 17, 2024

Canoo: Revenue Struggles Continue

Canoo has seen a significant drop in share price from over $572 to just $1.50, with minimal revenues and significant losses. The company is working on pilot testing its vehicles with hopes of generating meaningful sales in 2024, but revenue estimates have been continually dropping. Canoo's negative working capital balance, high cash burn rate, and reliance on financing from Yorkville raise concerns about continuous dilution and future prospects.

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Zacks Investment Research

Aug 14, 2024

Canoo Inc. (GOEV) Reports Q2 Loss, Lags Revenue Estimates

Canoo Inc. (GOEV) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.77. This compares to loss of $3.22 per share a year ago.

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InvestorPlace

Aug 8, 2024

3 Autonomous Vehicle Stocks to Sell in August Before They Crash & Burn

Not all investments promise a smooth ride as the autonomous vehicle market speeds towards the future. Despite the groundbreaking advancements and surging interest in AV technology, some stocks in this futuristic arena show signs of trouble and could be heading for a crash.

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Zacks Investment Research

Aug 7, 2024

Why the Market Dipped But Canoo Inc. (GOEV) Gained Today

In the most recent trading session, Canoo Inc. (GOEV) closed at $1.68, indicating a +0.6% shift from the previous trading day.

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Zacks Investment Research

Aug 7, 2024

Canoo (GOEV) to Report Q2 Earnings: Here's What to Expect

The Zacks Consensus Estimate for Canoo's (GOEV) second-quarter loss per share and revenues is pegged at 77 cents and $1.99 million, respectively.

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GlobeNewsWire

Jul 23, 2024

Canoo Announces Details for Q2 2024 Earnings Conference Call and Webcast

JUSTIN, Texas, July 23, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the second quarter ended June 30, 2024 after the market close on Wednesday, August 14, 2024 and host a conference call and webcast at 5 p.m. ET to discuss the results. The call will be hosted by Tony Aquila, Investor, Executive Chairman and Chief Executive Officer, Greg Ethridge, Chief Financial Officer and Ramesh Murthy,...

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Zacks Investment Research

Jul 19, 2024

Is Canoo (GOEV) a Buy as Wall Street Analysts Look Optimistic?

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?

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