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.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/17/2024 | GOEV | Buy Now | Canoo | $2.76 | 81.15% | Benchmark | Michael Legg | → $5 | Initiates | → Buy | Get Alert |
04/02/2024 | GOEV | Buy Now | Canoo | $2.76 | 153.61% | HC Wainwright & Co. | Amit Dayal | $3 → $7 | Maintains | Buy | Get Alert |
03/15/2024 | GOEV | Buy Now | Canoo | $2.76 | 570.27% | Alliance Global Partners | Poe Fratt | $20 → $18.5 | Maintains | Buy | Get Alert |
01/23/2024 | GOEV | Buy Now | Canoo | $2.76 | -72.83% | Stifel | J. Bruce Chan | $34.5 → $17.25 | Maintains | Buy | Get Alert |
01/05/2024 | GOEV | Buy Now | Canoo | $2.76 | 44.92% | Wedbush | Daniel Ives | → $92 | Initiates | → Outperform | Get Alert |
11/15/2023 | GOEV | Buy Now | Canoo | $2.76 | 8.69% | HC Wainwright & Co. | Amit Dayal | $230 → $69 | Maintains | Buy | Get Alert |
08/24/2023 | GOEV | Buy Now | Canoo | $2.76 | -43.84% | Alliance Global Partners | Poe Fratt | → $35.65 | Initiates | → Buy | Get Alert |
08/15/2023 | GOEV | Buy Now | Canoo | $2.76 | 262.31% | HC Wainwright & Co. | Amit Dayal | → $230 | Reiterates | Buy → Buy | Get Alert |
06/27/2023 | GOEV | Buy Now | Canoo | $2.76 | -45.65% | Stifel | J. Bruce Chan | $37.95 → $34.5 | Maintains | Buy | Get Alert |
05/16/2023 | GOEV | Buy Now | Canoo | $2.76 | 262.31% | HC Wainwright & Co. | Amit Dayal | → $230 | Reiterates | Buy → Buy | Get Alert |
09/16/2022 | GOEV | Buy Now | Canoo | $2.76 | 44.92% | Stifel | J. Bruce Chan | → $92 | Initiates | → Buy | Get Alert |
08/09/2022 | GOEV | Buy Now | Canoo | $2.76 | 26.81% | Roth Capital | Craig Irwin | $161 → $80.5 | Downgrade | Buy → Neutral | Get Alert |
07/13/2022 | GOEV | Buy Now | Canoo | $2.76 | 262.31% | HC Wainwright & Co. | Amit Dayal | $345 → $230 | Maintains | Buy | Get Alert |
12/16/2021 | GOEV | Buy Now | Canoo | $2.76 | 407.23% | Roth Capital | Craig Irwin | $207 → $322 | Upgrade | Neutral → Buy | Get Alert |
09/07/2021 | GOEV | Buy Now | Canoo | $2.76 | 443.46% | HC Wainwright & Co. | Amit Dayal | → $345 | Initiates | → Buy | Get Alert |
08/17/2021 | GOEV | Buy Now | Canoo | $2.76 | 153.61% | Roth Capital | Craig Irwin | $230 → $161 | Maintains | Neutral | Get Alert |
06/18/2021 | GOEV | Buy Now | Canoo | $2.76 | 262.31% | Roth Capital | Craig Irwin | $161 → $230 | Maintains | Neutral | Get Alert |
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.
The latest analyst rating for Canoo (NASDAQ: GOEV) was provided by Benchmark, and Canoo initiated their buy rating.
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.
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.
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.
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.
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