Canoo Inc. (GOEV) Social Stream



Canoo Inc. (GOEV): $0.54

0.09 (-14.07%)

POWR Rating

Component Grades

Momentum

F

Stability

F

Sentiment

Quality

F

CANOO INC (GOEV) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering GOEV.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-16 3 $15 $5 $9 $0.213 4125.35%
2021-11-22 3 $15 $5 $9.666 $0.213 4438.03%
2022-03-01 3 $15 $6 $11.666 $0.213 5377%
2022-03-21 3 $15 $5 $11.333 $0.213 5220.66%
2022-05-11 3 $15 $4 $11 $0.213 5064.32%
2022-06-01 3 $15 $3 $8.333 $0.213 3812.21%
2022-07-14 2 $17 $7 $11.333 $0.213 5220.66%
2022-08-10 3 $15 $3.5 $9.5 $0.213 4360.09%
2022-09-16 3 $15 $3.5 $8.125 $0.213 3714.55%
2022-11-10 3 $10 $1 $5.25 $0.213 2364.79%
2023-03-31 4 $10 $1 $5.25 $0.213 2364.79%
2023-04-03 4 $10 $1 $4.662 $0.213 2088.73%
2023-05-16 4 $10 $1 $3.912 $0.213 1736.62%
2023-05-17 4 $10 $1 $4.333 $0.213 1934.27%
2023-08-15 4 $10 $1 $3.625 $0.213 1601.88%
2023-08-21 4 $10 $0.5 $3.5 $0.213 1543.19%
2023-08-24 4 $10 $0.5 $3.11 $0.213 1360.09%
2023-11-15 4 $3 $0.3 $1.67 $0.213 684.04%

The Trend in the Analyst Price Target


GOEV's average price target has moved down $6.46 over the prior 14 months.

GOEV reports an average of 593.57% for its upside potential over the past 33 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-03-31 4 10 1.0 5.250 0.653 703.98%
2023-04-03 4 10 1.0 3.912 0.620 530.97%
2023-06-27 4 10 1.0 3.625 0.424 754.95%
2023-08-24 4 10 0.5 3.110 0.514 505.06%
2023-11-15 4 3 0.3 1.610 0.272 491.91%

GOEV Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.5 3 0 1 0 0 4

The Trend in the Broker Recommendations


Over the past 26 months, GOEV's average broker recommendation rating improved by 1.5.

The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.

  • In terms of how CANOO INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is higher than 2075.23% of that group.
  • GOEV has a higher average analyst price target than 103.02% of Consumer Cyclical stocks.
  • To contextualize these metrics, consider that out of stocks in the mid market cap category, CANOO INC's variance in analysts' estimates is lower than -1879.53% of them.
  • CANOO INC's number of analysts covering the stock is greater than 159.75% of Consumer Cyclical stocks.

In the Automobiles and Trucks industry, HYLN, NXU, and DOOO are the three stocks most similar to CANOO INC regarding the price target and analyst recommendation information presented here.

Make investment decisions regarding GOEV using the data that counts. Try POWR Ratings for free.


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