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Canoo

GOEVNASDAQ
PerksBuyCompare Brokers
PerksBuyCompare Brokers
$2.30
-0.06-2.54%
At Close: -
$2.32
0.020.87%
After Hours: Jul 19, 7:58 PM EDT
15 minutes delayed
Canoo (GOEV) ForecastNewsEarningsGuidanceDividends

Analyst Ratings

Insider TradesShort Interest
Consensus Rating1
Buy
Highest Price Target1
$18.50
Lowest Price Target1
$0.75
Consensus Price Target1
$5.96

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Canoo (NASDAQ:GOEV) Stock, Analyst Ratings, Price Targets, Forecasts

Canoo Inc has a consensus price target of $5.96 based on the ratings of 7 analysts. The high is $18.5 issued by Alliance Global Partners on March 15, 2024. The low is $0.75 issued by Stifel on January 23, 2024. The 3 most-recent analyst ratings were released by Benchmark, HC Wainwright & Co., and Benchmark on May 22, 2024, May 15, 2024, and May 15, 2024, respectively. With an average price target of $5.67 between Benchmark, HC Wainwright & Co., and Benchmark, there's an implied 144.25% upside for Canoo Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Analyst Rating and Forecast
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3.8
Buy
Strong Buy
Buy
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Analyst Firms Making Recommendations1

Benchmark
HC Wainwright & Co.
Roth MKM
Alliance Global Partners
Stifel

1calculated from analyst ratings

Analyst Ratings for Canoo

Buy NowGet Alert
05/22/2024Buy Now115.52%Benchmark
Michael Legg
 → $5ReiteratesBuy → BuyGet Alert
05/15/2024Buy Now201.72%HC Wainwright & Co.
Amit Dayal
 → $7ReiteratesBuy → BuyGet Alert
05/15/2024Buy Now115.52%Benchmark
Michael Legg
 → $5ReiteratesBuy → BuyGet Alert
05/15/2024Buy Now29.31%Roth MKM
Craig Irwin
$4 → $3MaintainsNeutralGet Alert
04/17/2024Buy Now115.52%Benchmark
Michael Legg
 → $5Initiates → BuyGet Alert
04/02/2024Buy Now201.72%HC Wainwright & Co.
Amit Dayal
$3 → $7MaintainsBuyGet Alert
03/15/2024Buy Now697.41%Alliance Global Partners
Poe Fratt
$20 → $18.5MaintainsBuyGet Alert
01/23/2024Buy Now-67.67%Stifel
J. Bruce Chan
$34.5 → $17.25MaintainsBuyGet Alert
01/05/2024Buy Now72.41%Wedbush
Daniel Ives
 → $92Initiates → OutperformGet Alert
11/15/2023Buy Now29.31%HC Wainwright & Co.
Amit Dayal
$230 → $69MaintainsBuyGet Alert
08/24/2023Buy Now-33.19%Alliance Global Partners
Poe Fratt
 → $35.65Initiates → BuyGet Alert
08/15/2023Buy Now331.03%HC Wainwright & Co.
Amit Dayal
 → $230ReiteratesBuy → BuyGet Alert
06/27/2023Buy Now-35.34%Stifel
J. Bruce Chan
$37.95 → $34.5MaintainsBuyGet Alert
05/16/2023Buy Now331.03%HC Wainwright & Co.
Amit Dayal
 → $230ReiteratesBuy → BuyGet Alert
09/16/2022Buy Now72.41%Stifel
J. Bruce Chan
 → $92Initiates → BuyGet Alert
08/09/2022Buy Now50.86%Roth Capital
Craig Irwin
$161 → $80.5DowngradeBuy → NeutralGet Alert
07/13/2022Buy Now331.03%HC Wainwright & Co.
Amit Dayal
$345 → $230MaintainsBuyGet Alert
12/16/2021Buy Now503.45%Roth Capital
Craig Irwin
$207 → $322UpgradeNeutral → BuyGet Alert
09/07/2021Buy Now546.55%HC Wainwright & Co.
Amit Dayal
 → $345Initiates → BuyGet Alert
08/17/2021Buy Now201.72%Roth Capital
Craig Irwin
$230 → $161MaintainsNeutralGet Alert

FAQ

Q

What is the target price for Canoo (GOEV) stock?

A

The latest price target for Canoo (NASDAQ:GOEV) was reported by Benchmark on May 22, 2024. The analyst firm set a price target for $5.00 expecting GOEV to rise to within 12 months (a possible 115.52% upside). 12 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Canoo (GOEV)?

A

The latest analyst rating for Canoo (NASDAQ:GOEV) was provided by Benchmark, and Canoo reiterated their buy rating.

Q

When was the last upgrade for Canoo (GOEV)?

A

The last upgrade for Canoo Inc happened on December 16, 2021 when Roth Capital raised their price target to $14. Roth Capital previously had a neutral for Canoo Inc.

Q

When was the last downgrade for Canoo (GOEV)?

A

The last downgrade for Canoo Inc happened on August 9, 2022 when Roth Capital changed their price target from $7 to $3.5 for Canoo Inc.

Q

When is the next analyst rating going to be posted or updated for Canoo (GOEV)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Canoo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Canoo was filed on May 22, 2024 so you should expect the next rating to be made available sometime around May 22, 2025.

Q

Is the Analyst Rating Canoo (GOEV) correct?

A

While ratings are subjective and will change, the latest Canoo (GOEV) rating was a reiterated with a price target of $5.00 to $5.00. The current price Canoo (GOEV) is trading at is $2.32, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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