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Canoo (GOEV)

(Delayed Data from NSDQ)

$2.30 USD

2.30
2,271,614

-0.06 (-2.54%)

Updated Jul 19, 2024 04:00 PM ET

After-Market: $2.34 +0.04 (1.74%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value B Growth D Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 33% (168 out of 250)

Industry: Automotive - Domestic

Better trading starts here.

Zacks News

Canoo Inc. (GOEV) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Canoo Inc. (GOEV) closed at $3.42, marking a -1.16% move from the previous day.

Canoo (GOEV) and Walmart Enter Into Agreement for 4.5K LDVs

Canoo (GOEV) and Walmart ink deal wherein the latter will purchase 4,500 E-delivery vans from Canoo to ensure sustainable online delivery.

Walmart (WMT) to Buy EVs From Canoo for Online Order Deliveries

Walmart (WMT) pens a deal with Canoo to buy 4,500 all-electric delivery vehicles, which are likely to be utilized to deliver online orders sustainably.

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EV Roundup: Quarterly Reports of RIVN, WKHS, SOLO, GOEV & RIDE in Focus

While Rivian (RIVN) and Lordstown (RIDE) post a narrower-than-expected loss in Q1, ElectraMeccanica (SOLO), Canoo (GOEV) and Workhorse (WKHS) incur a wider-than-anticipated loss.

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EV Roundup: Q4 Earnings Snapshots of RIDE, LCID, GOEV & WKHS

While Lordstown (RIDE) incurs lower-than-expected Q4 loss, Lucid (LCID), Canoo (GOEV) and Workhorse (WKHS) post wider-than-anticipated loss for the quarter under review.

Will Chip Crunch, High Costs Dent Rivian (RIVN) Q4 Earnings?

The Zacks Consensus Estimate for Rivian's (RIVN) Q4 loss and revenues is pegged at $1.58 per share and $50 million, respectively.

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EV Roundup: FUV & GOEV's Dismal Q3 Show, FSR & XPEV's Model Launch

Arcimoto (FUV) and Canoo's (GOEV) third-quarter 2021 loss widens year over year. Meanwhile, Fisker (FSR) and XPeng (XPEV) launch Ocean SUV and G9 models, respectively.

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EV Roundup: TSLA's $1T Market Cap & XPEV's Tech Day Grab Eyeballs

While Tesla (TSLA) joins the elite $1 trillion club following a huge order from Hertz, XPeng (XPEV) grabs attention with a series of announcements at the annual Tech Day.

What's in the Offing for Fisker (FSR) This Earnings Season?

Fisker's (FSR) Q3 results are likely to reflect the negative impact of rising operating expenses and capex.

Canoo (GOEV) Joins Forces With Panasonic for Battery Supply

Canoo (GOEV) selects Panasonic for the supply of batteries for its upcoming Lifestyle vehicle.

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GOEV Grabs Reddit Attention: Is it Worth Taking a Chance On?

Amid an unclear revenue generation path, mounting expenses, and high competition, Canoo (GOEV) seems to be a speculative stock. So, don't give in to the temptation of buying the stock amid the meme madness.

Do Options Traders Know Something About Canoo (GOEV) Stock We Don't?

Investors need to pay close attention to Canoo (GOEV) stock based on the movements in the options market lately.

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Why Riding the EV Wave With RIDE is Akin to Playing With Fire

Apart from dual investigations by DOJ and SEC, Lordstown's (RIDE) 'going concern' warning raises red flags. Avoid the stock at any price level until the fraud charges against the firm are nullified.

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7 EV Stocks Join Russell 2000: Are They Good Additions to Your Portfolio Too?

EV stocks including GOEV, FSR, HYLN, RIDE, NKLA, FUV and XL join Russell 2000, but if you plan on investing in them, brace for high-to-medium risk.

Fisker (FSR) Sets Formidable Goal of Making Carbon-Neutral Vehicle

Fisker's (FSR) latest goal to achieve carbon neutrality in material procurement and vehicle manufacturing showcases its commitment to the highest standards of ESG.

Key Factors to Note Ahead of Fisker's (FSR) Q1 Earnings

Fisker's (FSR) Q1 results are likely to reflect the positive impact of the deals inked with Magna and Foxconn.

Canoo (GOEV) Gears up for Q1 Earnings: What's in the Offing?

The Zacks proprietary model predicts an earnings beat for Canoo (GOEV) for first-quarter 2021 as the firm possesses a favorable Zacks Rank and positive Earnings ESP.

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Auto Stock Roundup: GM-SolidEnergy Deal, ADNT's Yanfeng JV Update & More

While General Motors (GM) collaborates with SolidEnergy Systems to level up its battery technology, Adient (ADNT) is set to terminate its Yanfeng JV in China for $1.5 billion.

Canoo (GOEV) Debuts Electric Pickup-Truck, To Rollout in 2023

Canoo's (GOEV) latest purpose-built pickup truck is integrated with an array of features making it a one stop solution for work and adventure.