Consensus Rating1
Buy
Highest Price Target1
$18.50
Lowest Price Target1
$0.75
Consensus Price Target1
$5.04

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

Canoo Inc has a consensus price target of $5.04 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 HC Wainwright & Co., HC Wainwright & Co., and Roth MKM on November 15, 2024, August 16, 2024, and August 15, 2024, respectively. With an average price target of $2.5 between HC Wainwright & Co., HC Wainwright & Co., and Roth MKM, there's an implied 405.66% upside for Canoo Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
May
1
1
Aug
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

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

1calculated from analyst ratings

Analyst Ratings for Canoo

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FAQ

Q

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

A

The latest price target for Canoo (NASDAQ:GOEV) was reported by HC Wainwright & Co. on November 15, 2024. The analyst firm set a price target for $2.00 expecting GOEV to rise to within 12 months (a possible 346.13% 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 HC Wainwright & Co., and Canoo maintained 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 November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.

Q

Is the Analyst Rating Canoo (GOEV) correct?

A

While ratings are subjective and will change, the latest Canoo (GOEV) rating was a maintained with a price target of $4.00 to $2.00. The current price Canoo (GOEV) is trading at is $0.45, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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