Canoo Inc. (GOEV) AI Stock Price Forecast & Investment Analysis
Latest Analysis Date: January 29, 2025
Canoo Inc. Stock Price Chart and Technical Analysis
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Canoo Inc. (GOEV) - Comprehensive Stock Analysis & Investment Research
Company Overview & Business Profile
Canoo Inc. (Stock Symbol: GOEV)
is a leading company in the Manufacturing sector
, specifically operating within the Motor Vehicle Parts & Accessories industry.
The organization employs approximately 845 professionals worldwide
.
The company has established itself as
an emerging investment opportunity with substantial growth potential.
Financial Performance & Key Metrics Analysis
Annual Revenue: $3 million
.
Market Capitalization: $36 million - Classified as a
small-cap investment offering high growth potential.
Return on Equity (ROE): -106.5% -
Below-average
shareholder return efficiency, indicating areas for operational improvement.
Advanced AI Stock Prediction & Price Target Analysis
🚀 Unlock Premium AI Predictions to access our advanced machine learning forecasts for Canoo Inc. stock, including 7-day, 30-day, and 90-day price targets with confidence intervals and risk assessments.
Market Position & Competitive Advantage Analysis
Canoo Inc. strategically competes in the highly dynamic
Motor Vehicle Parts & Accessories marketplace,
representing an emerging small-cap investment with substantial growth potential and market disruption capabilities
.
The company maintains a healthy 73.7% gross margin, indicating strong pricing power and operational efficiency.
Canoo Inc. (GOEV) Fundamental Analysis & Insider Trading Data
(Quarterly Financial Reports)
Comprehensive quarterly financial data, earnings trends, insider transactions, and institutional holdings for Canoo Inc. stock analysis.
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Deep dive into Canoo Inc.'s financial health, valuation metrics, and operational efficiency to make informed investment decisions.
Understanding Valuation Metrics
What these metrics mean: Valuation metrics help determine if Canoo Inc. stock is fairly priced compared to its earnings, assets, and market position.
How to read them: Lower P/E ratios may indicate undervalued stocks, while higher ratios suggest growth expectations. P/B ratio compares market value to book value.
For Canoo Inc.: With a P/E ratio of -0.05, the market sees the stock as potentially undervalued.
P/E Ratio-0.05x
P/B Ratio0.16x
Market Cap$36M
EPS$-2.59
Book Value/Share$2.55
Revenue/Share$0.02
Understanding Profitability Metrics
What these metrics mean: These ratios measure how efficiently Canoo Inc. converts revenue into profit and generates returns for shareholders.
How to read them: Higher ROE/ROA indicate better management efficiency. Margin percentages show profit at different operational levels.
For Canoo Inc.: An ROE of -106.5% indicates room for improvement in shareholder value creation.
ROE-106.5%
ROA-80.3%
ROIC-101.0%
Gross Margin73.7%
Understanding Financial Health Metrics
What these metrics mean: These ratios assess Canoo Inc.'s ability to meet short-term obligations and manage debt levels effectively.
How to read them: Current ratio >2 is generally good, Quick ratio >1 shows strong liquidity. Lower D/E ratios indicate conservative debt management.
For Canoo Inc.: A current ratio of 1.07 shows adequate liquidity.
Current Ratio1.07x
Quick Ratio0.82x
D/E Ratio0.10x
Financial Leverage1.70x
Interest Coverage-7.6x
Working Capital$681M
Understanding Cash Flow Metrics
What these metrics mean: Cash flow metrics reveal Canoo Inc.'s ability to generate cash from operations and fund growth initiatives.
How to read them: Positive operating cash flow is crucial. Free cash flow shows money available for dividends, buybacks, or investments.
For Canoo Inc.: Free cash flow of $-520M indicates cash challenges that need attention.
Operating Cash Flow$-367M
Free Cash Flow$-520M
Capital Spending$-153M
CapEx/Sales296.4%
Understanding Operational Efficiency Metrics
What these metrics mean: These ratios measure how effectively Canoo Inc. uses its assets and manages working capital.
How to read them: Higher turnover ratios indicate efficient asset utilization. Shorter collection periods show effective credit management.
For Canoo Inc.: An asset turnover of 0.01x suggests room for improvement in asset utilization.
Asset Turnover0.01x
Fixed Assets Turnover0.0x
Payables Period28207 days
Understanding Financial Statement Data
What these metrics mean: Key figures from Canoo Inc.'s income statement and balance sheet showing absolute financial performance.
How to read them: Revenue shows business scale, while margins indicate profitability. Balance sheet items reveal financial structure.
For Canoo Inc.: With annual revenue of $3M, Canoo Inc. represents a smaller but potentially high-growth operation.
Income Statement ($ Millions)
Total Revenue$3M
Operating Income$-228M
Net Income$-140M
R&D Expense$92M
Cost of Goods Sold$26M
Balance Sheet Highlights ($ Millions)
Total Current Assets$34M
Cash & Short-term Investments$26M
Total Liabilities$41M
Accounts Receivable$6M
Dividend & Shareholder Information
Shares Outstanding87M
Growth Metrics (YoY)
EPS Growth-700.0%
Latest Canoo Inc. Stock News & Market Analysis
Breaking news, analyst reports, and market updates affecting Canoo Inc. (GOEV) stock price and investment outlook.
Canoo Inc. has furloughed 82 employees and idled factories while securing necessary capital for operations. Quiver AI Summary Canoo Inc., a high-tech mobility company based in Justin, Texas ...
JUSTIN, Texas, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the second quarter of 2024. “This ...
JUSTIN, Texas, Aug. 8, 2022 /PRNewswire/ -- Canoo (GOEV) Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the second quarter of 2022.
DETROIT -- Canoo Holdings Ltd., an electric vehicle startup already working with South Korea's Hyundai Motor, will go public later this year at a value of $2.4 billion after joining forces with a ...
Benchmark analyst Michael Legg initiated coverage on Canoo with a Buy rating and a price target of $5 Wednesday. Legg highlighted the company's pipeline which features $750 million in contracted ...
Despite a quarter that saw Texas-based EV start-up Canoo Inc. secure a deal with Saudi Arabian tourism company Red Sea Global and buy advanced manufacturing assets from failed rival Arrival SA ...
Canoo Inc. fell in extended trading after warning shareholders that there is substantial doubt that the electric vehicle startup has enough cash to keep doing business. The company said Tuesday ...
Canoo Inc (NASDAQ: GOEV) stock traded sharply higher on in the pre-market session on Wednesday after the pre-production electric vehicle startup made a series of announcements.
Canoo Inc., an electric vehicle maker with operations in Bentonville and plans to place its headquarters there, reported a loss for its second quarter of 2022 on Monday afternoon but touted a ...
Tony Aquila was appointed chief executive of Canoo Inc. in April 2021. Things are changing quickly at Torrance-based Canoo Inc., which made its debut as a publicly traded company in December. The ...
Electric-vehicle maker Canoo, which is supplying Walmart Inc. with several thousand delivery vans, is suing a group of former employees for stealing trade secrets to create a rival business.
DETROIT, March 10 (Reuters) - Electric vehicle startup Canoo Inc (GOEV.O), opens new tab on Wednesday said it will introduce an American-built pod-like electric pickup truck in 2023, following in ...
Canoo Inc. Competitors & Peer Analysis - Manufacturing Sector
Comparative analysis of Canoo Inc. against industry peers and competitors in the Manufacturing sector, featuring AI-powered forecasts and key financial metrics.
Frequently Asked Questions - Canoo Inc. Stock Forecast
How accurate are Canoo Inc. stock predictions?
Our AI model demonstrates 20% historical accuracy for GOEV predictions, based on advanced machine learning algorithms trained on over 10 years of market data.
What factors influence Canoo Inc. stock price forecasts?
Based on our AI analysis, Canoo Inc. shows potential for various market scenarios. Consider your risk tolerance, investment timeline, and portfolio diversification before making investment decisions.
How often are Canoo Inc. forecasts updated?
Canoo Inc. stock forecasts are updated daily using real-time market data, ensuring you receive the most current AI-powered predictions and investment insights.
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