$2.22
0.13[6.22%]
At close: May 31
$2.22
0[0.00%]
After Hours: 7:59PM EDT
Canoo Stock (NASDAQ:GOEV), Analyst Ratings, Price Targets, Predictions
Canoo Inc has a consensus price target of $5.96, established from looking at the 21 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, HC Wainwright & Co., and Roth MKM on May 22, 2024, May 15, 2024, and May 15, 2024. With an average price target of $5 between Benchmark, HC Wainwright & Co., and Roth MKM, there's an implied 125.23% upside for Canoo Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Benchmark
HC Wainwright & Co.
Roth MKM
Alliance Global Partners
Stifel
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Canoo
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/22/2024 | Buy Now | 125.23% | Benchmark | Michael Legg | → $5 | Reiterates | Buy → Buy | Get Alert |
| 05/15/2024 | Buy Now | 215.32% | HC Wainwright & Co. | Amit Dayal | → $7 | Reiterates | Buy → Buy | Get Alert |
| 05/15/2024 | Buy Now | 35.14% | Roth MKM | Craig Irwin | $4 → $3 | Maintains | Neutral | Get Alert |
| 05/15/2024 | Buy Now | 125.23% | Benchmark | Michael Legg | → $5 | Reiterates | Buy → Buy | Get Alert |
| 04/17/2024 | Buy Now | 125.23% | Benchmark | Michael Legg | → $5 | Initiates | → Buy | Get Alert |
| 04/02/2024 | Buy Now | 215.32% | HC Wainwright & Co. | Amit Dayal | $3 → $7 | Maintains | Buy | Get Alert |
| 03/15/2024 | Buy Now | 733.33% | Alliance Global Partners | Poe Fratt | $20 → $18.5 | Maintains | Buy | Get Alert |
| 01/23/2024 | Buy Now | -66.22% | Stifel | J. Bruce Chan | $34.5 → $17.25 | Maintains | Buy | Get Alert |
| 01/05/2024 | Buy Now | 80.18% | Wedbush | Daniel Ives | → $92 | Initiates | → Outperform | Get Alert |
| 11/15/2023 | Buy Now | 35.14% | HC Wainwright & Co. | Amit Dayal | $230 → $69 | Maintains | Buy | Get Alert |
| 08/24/2023 | Buy Now | -30.18% | Alliance Global Partners | Poe Fratt | → $35.65 | Initiates | → Buy | Get Alert |
| 08/15/2023 | Buy Now | 350.45% | HC Wainwright & Co. | Amit Dayal | → $230 | Reiterates | Buy → Buy | Get Alert |
| 06/27/2023 | Buy Now | -32.43% | Stifel | J. Bruce Chan | $37.95 → $34.5 | Maintains | Buy | Get Alert |
| 05/16/2023 | Buy Now | 350.45% | HC Wainwright & Co. | Amit Dayal | → $230 | Reiterates | Buy → Buy | Get Alert |
| 09/16/2022 | Buy Now | 80.18% | Stifel | J. Bruce Chan | → $92 | Initiates | → Buy | Get Alert |
| 08/09/2022 | Buy Now | 57.66% | Roth Capital | Craig Irwin | $161 → $80.5 | Downgrade | Buy → Neutral | Get Alert |
| 07/13/2022 | Buy Now | 350.45% | HC Wainwright & Co. | Amit Dayal | $345 → $230 | Maintains | Buy | Get Alert |
| 12/16/2021 | Buy Now | 530.63% | Roth Capital | Craig Irwin | $207 → $322 | Upgrade | Neutral → Buy | Get Alert |
| 09/07/2021 | Buy Now | 575.68% | HC Wainwright & Co. | Amit Dayal | → $345 | Initiates | → Buy | Get Alert |
| 08/17/2021 | Buy Now | 215.32% | Roth Capital | Craig Irwin | $230 → $161 | Maintains | Neutral | Get Alert |
| 06/18/2021 | Buy Now | 350.45% | Roth Capital | Craig Irwin | $161 → $230 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Canoo (GOEV)?
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 125.23% upside). 13 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Canoo (GOEV)?
The latest analyst rating for Canoo (NASDAQ: GOEV) was provided by Benchmark, and Canoo reiterated their buy rating.
When was the last upgrade for Canoo (GOEV)?
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.
When was the last downgrade for Canoo (GOEV)?
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.
When is the next analyst rating going to be posted or updated for Canoo (GOEV)?
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.
Is the Analyst Rating Canoo (GOEV) correct?
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 $2.22, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.