GOEV stock icon

Canoo Inc
GOEV

$2.64
5.37%

Market Cap: 188M

 

About: Canoo Inc is a mobility technology company providing with a proprietary modular electric vehicle platform and connected services initially focused on commercial fleet, government and military customers. The Company has developed a breakthrough EV platform that it believes will enable it to rapidly iterate and bring new products, addressing multiple use cases, to market faster than competition and at lower cost.

Employees: 817

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 8 analysts
0
News positive %
of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

15% more call options, than puts

Call options by funds: $7.94M | Put options by funds: $6.89M

14% more capital invested

Capital invested by funds: $17.8M [Q4 2023] → $20.3M (+$2.53M) [Q1 2024]

1.23% more ownership

Funds ownership: 8.82% [Q4 2023] → 10.05% (+1.23%) [Q1 2024]

45% less funds holding

Funds holding: 128 [Q4 2023] → 71 (-57) [Q1 2024]

75% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 76

96% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 48

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$3
14%
upside
Avg. target
$8.47
221%
upside
High target
$18.50
601%
upside

8 analyst ratings

positive
88%
neutral
13%
negative
0%
Benchmark
Michael Legg
89%upside
$5
Buy
Reiterated
22 May 2024
HC Wainwright & Co.
Amit Dayal
165%upside
$7
Buy
Reiterated
15 May 2024
Roth MKM
Craig Irwin
14%upside
$3
Neutral
Maintained
15 May 2024
Benchmark
Michael Legg
89%upside
$5
Buy
Reiterated
15 May 2024
Benchmark
Michael Legg
89%upside
$5
Buy
Initiated
17 Apr 2024

Financial journalist opinion

Based on 10 articles about GOEV published over the past 30 days