Canoo
(NASDAQ:GOEV)
$2.7601
0.0601[2.23%]
At close: Apr 26
$2.7601
0[0.00%]
After Hours: 7:56PM EDT
Consensus Rating1
Buy
Highest Price Target1
$18.50
Lowest Price Target1
$0.75
Consensus Price Target1
$6.46

Canoo Stock (NASDAQ:GOEV), Analyst Ratings, Price Targets, Predictions

Canoo Inc has a consensus price target of $6.46, established from looking at the 17 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, HC Wainwright & Co., and Alliance Global Partners on April 17, 2024, April 2, 2024, and March 15, 2024. With an average price target of $10.17 between Benchmark, HC Wainwright & Co., and Alliance Global Partners, there's an implied 268.34% upside for Canoo Inc from these 3 analyst ratings.

Analyst Trend
1
Nov 23
2
Jan
1
Mar
2
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Benchmark
HC Wainwright & Co.
Alliance Global Partners
Stifel
Wedbush

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Canoo

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/17/2024GOEVBuy Now
Canoo
$2.7681.15%Benchmark
Michael Legg
→ $5Initiates → BuyGet Alert
04/02/2024GOEVBuy Now
Canoo
$2.76153.61%HC Wainwright & Co.
Amit Dayal
$3 → $7MaintainsBuyGet Alert
03/15/2024GOEVBuy Now
Canoo
$2.76570.27%Alliance Global Partners
Poe Fratt
$20 → $18.5MaintainsBuyGet Alert
01/23/2024GOEVBuy Now
Canoo
$2.76-72.83%Stifel
J. Bruce Chan
$34.5 → $17.25MaintainsBuyGet Alert
01/05/2024GOEVBuy Now
Canoo
$2.7644.92%Wedbush
Daniel Ives
→ $92Initiates → OutperformGet Alert
11/15/2023GOEVBuy Now
Canoo
$2.768.69%HC Wainwright & Co.
Amit Dayal
$230 → $69MaintainsBuyGet Alert
08/24/2023GOEVBuy Now
Canoo
$2.76-43.84%Alliance Global Partners
Poe Fratt
→ $35.65Initiates → BuyGet Alert
08/15/2023GOEVBuy Now
Canoo
$2.76262.31%HC Wainwright & Co.
Amit Dayal
→ $230ReiteratesBuy → BuyGet Alert
06/27/2023GOEVBuy Now
Canoo
$2.76-45.65%Stifel
J. Bruce Chan
$37.95 → $34.5MaintainsBuyGet Alert
05/16/2023GOEVBuy Now
Canoo
$2.76262.31%HC Wainwright & Co.
Amit Dayal
→ $230ReiteratesBuy → BuyGet Alert
09/16/2022GOEVBuy Now
Canoo
$2.7644.92%Stifel
J. Bruce Chan
→ $92Initiates → BuyGet Alert
08/09/2022GOEVBuy Now
Canoo
$2.7626.81%Roth Capital
Craig Irwin
$161 → $80.5DowngradeBuy → NeutralGet Alert
07/13/2022GOEVBuy Now
Canoo
$2.76262.31%HC Wainwright & Co.
Amit Dayal
$345 → $230MaintainsBuyGet Alert
12/16/2021GOEVBuy Now
Canoo
$2.76407.23%Roth Capital
Craig Irwin
$207 → $322UpgradeNeutral → BuyGet Alert
09/07/2021GOEVBuy Now
Canoo
$2.76443.46%HC Wainwright & Co.
Amit Dayal
→ $345Initiates → BuyGet Alert
08/17/2021GOEVBuy Now
Canoo
$2.76153.61%Roth Capital
Craig Irwin
$230 → $161MaintainsNeutralGet Alert
06/18/2021GOEVBuy Now
Canoo
$2.76262.31%Roth Capital
Craig Irwin
$161 → $230MaintainsNeutralGet Alert

FAQ

Q

What is the target price for Canoo (GOEV)?

A

The latest price target for Canoo (NASDAQ: GOEV) was reported by Benchmark on April 17, 2024. The analyst firm set a price target for $5.00 expecting GOEV to rise to within 12 months (a possible 81.15% upside). 10 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Canoo (GOEV)?

A

The latest analyst rating for Canoo (NASDAQ: GOEV) was provided by Benchmark, and Canoo initiated their buy rating.

Q

When was the last upgrade for Canoo (GOEV)?

A

The last upgrade for Canoo Inc happened on December 16, 2021 when Roth Capital raised their price target to $14. Roth Capital previously had a neutral for Canoo Inc.

Q

When was the last downgrade for Canoo (GOEV)?

A

The last downgrade for Canoo Inc happened on August 9, 2022 when Roth Capital changed their price target from $7 to $3.5 for Canoo Inc.

Q

When is the next analyst rating going to be posted or updated for Canoo (GOEV)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Canoo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Canoo was filed on April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.

Q

Is the Analyst Rating Canoo (GOEV) correct?

A

While ratings are subjective and will change, the latest Canoo (GOEV) rating was a initiated with a price target of $0.00 to $5.00. The current price Canoo (GOEV) is trading at is $2.76, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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