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Canoo (GOEV)

(Delayed Data from NSDQ)

$0.55 USD

0.55
15,080,720

-0.21 (-27.34%)

Updated Nov 1, 2024 03:59 PM ET

After-Market: $0.56 +0.01 (1.82%) 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value B Growth A Momentum C 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%.

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

Bottom 35% (163 out of 250)

Industry: Automotive - Domestic

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Better trading starts here.

Zacks News

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While Tesla (TSLA) decides to temporarily pause production in Germany amid the Red Sea conflict, Honda (HMC) reveals its new EV series, "Honda 0 Series," scheduled for a global launch in 2026.

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General Motors' (GM) subsidiary Cruise scales back its robotaxi ambitions to one city and delays Origin's production amid a challenging safety and regulatory landscape.

Why Advance Auto (AAP) Stock Is Not a Buy Despite Bargain Price

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Although Advance Auto (AAP) is currently trading near its 52-week low with a plan of action in place, it's not worth buying the stock now, given various near-term headwinds.

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2 Stocks to Navigate the Bumpy Roads of the Domestic Auto Industry

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Despite the near-term challenges stemming from the UAW strike and increasing operational costs, you can consider betting on these two domestic auto stocks - PCAR and GOEV.

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EV Roundup: CHPT's Preliminary Q3 Results, LCID's Gravity Specifications & More

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While ChargePoint (CHPT) reports weak preliminary results for fiscal third-quarter 2024, Lucid (LCID) introduces Gravity e-SUV, boasting a range exceeding 440 miles.

Here's How Canoo (GOEV) is Placed Ahead of Q3 Earnings Release

by Zacks Equity Research

The Zacks Consensus Estimate for Canoo's (GOEV) third-quarter loss per share and revenues is pegged at 12 cents and $750,000, respectively.

Fisker (FSR) Gears Up to Post Q3 Earnings: What's in the Cards?

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The Zacks Consensus Estimate for Fisker's (FSR) third-quarter top and bottom lines is pegged at $302.4 million and a loss of 19 cents per share, respectively.

The Zacks Analyst Blog Highlights Lordstown Motors, Canoo, Nikola, Fisker and Lucid Group

by Zacks Equity Research

Lordstown Motors, Canoo, Nikola, Fisker and Lucid Group are included in this Analyst Blog.

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EV SPAC Frenzy Fizzles as Startups Fall Into Burning Zone

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From soaring IPO debuts to crippling bankruptcies, the EV SPAC frenzy is at a critical crossroad in 2023. With RIDE filing for bankruptcy, there are concerns about other companies meeting the same fate.

The Zacks Analyst Blog Highlights Li Auto, Stellantis, General Motors, Lightning eMotors and Canoo

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Li Auto, Stellantis, General Motors, Lightning eMotors and Canoo are included in this Analyst Blog.

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3 Auto Market Trends You Should Be Buying Right Now

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After two years facing various issues, the auto market is beginning to look up this year.

The Zacks Analyst Blog Highlights Tesla, Honda, Canoo, Nikola and Blink Charging

by Zacks Equity Research

Tesla, Honda, Canoo, Nikola and Blink Charging are included in this Analyst Blog.

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EV Roundup: TSLA Q4 Earnings, HMC E-Mobility Business Unit & More

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Tesla (TSLA) manages to pull off the eighth consecutive earnings beat in Q422. Meanwhile, Honda (HMC) announces structural changes to ramp up the electrification business.

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Is It Time to Buy Electric Vehicle ETFs Instead of Tesla?

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Electric Vehicles ETFs have been gaining massively this year on the back of superb performances by global companies.

Canoo's (GOEV) New Oklahoma Vehicle Unit to Boost Prospects

by Zacks Equity Research

Canoo (GOEV) is set to buy a vehicle facility in Oklahoma to focus on LDV and LV production. It reported an adjusted loss in Q3 '22, which is narrower than expected but wider year over year.

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EV Roundup: Key Tidbits From Q2 Reports of RIVN, BLNK, WKHS, GOEV & HYLN

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While Rivian (RIVN), Canoo (GOEV) and Blink Charging (BLNK) incur wider-than-expected Q2 loss, Hyliion (HYLN) and Workhorse's (WKHS) Q2 loss matches estimates.

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Rimmi Singhi

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

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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?

by Zacks Equity Research

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

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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

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

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