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Canoo (GOEV)

(Delayed Data from NSDQ)

$2.87 USD

2.87
5,156,461

+0.22 (8.30%)

Updated May 16, 2024 04:00 PM ET

Pre-Market: $2.83 -0.04 (-1.39%) 8:34 AM 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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2-Buy of 5   2      

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 C Growth F 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

Top 31% (77 out of 250)

Industry: Automotive - Domestic

Better trading starts here.

Zacks News

Wall Street Analysts Think Canoo (GOEV) Is a Good Investment: Is It?

According to the average brokerage recommendation (ABR), one should invest in Canoo (GOEV). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Penske (PAG) Stock Barely Moves Since Q1 Earnings Miss

Penske (PAG) reports lower-than-expected first-quarter results and increases dividend by 10% to 96 cents per share.

Mobileye (MBLY) Stock Declines 10% Since Q1 Earnings Miss

Mobileye (MBLY) reports first-quarter results, wherein earnings miss the Zacks Consensus Estimate but revenues beat the same.

Canoo (GOEV) to Report Q1 Earnings: What's in the Cards?

The Zacks Consensus Estimate for Cano's (GOEV) first-quarter loss per share and revenues is pegged at 86 cents and $1.45 million, respectively.

Canoo Inc. (GOEV) Stock Moves -1.55%: What You Should Know

In the most recent trading session, Canoo Inc. (GOEV) closed at $2.54, indicating a -1.55% shift from the previous trading day.

Honda (HMC) to Report Q4 Earnings: Here's What to Expect

The Zacks Consensus Estimate for Honda's (HMC) fiscal fourth-quarter earnings and revenues is pegged at 44 cents per share and $37.96 billion, respectively.

American Axle (AXL) Q1 Earnings & Sales Surpass Estimates

American Axle (AXL) reports better-than-expected first-quarter results, wherein earnings and sales beat the Zacks Consensus Estimate and improve year over year.

Canoo Inc. (GOEV) Outpaces Stock Market Gains: What You Should Know

Canoo Inc. (GOEV) closed the most recent trading day at $2.83, moving +1.43% from the previous trading session.

BorgWarner (BWA) Q1 Earnings Beat Estimates, Guidance Revised

BorgWarner (BWA) reports better-than-expected first-quarter results. It expects 2024 adjusted earnings in the range of $3.80-$4.15 per share, up from the previous estimate of $3.65-$4 per share.

Gentex (GNTX) Q1 Earnings Match Estimates, Increase Y/Y

Gentex's (GNTX) first-quarter 2024 earnings match the Zacks Consensus Estimate, while revenues miss the same.

Allison (ALSN) Q1 Earnings & Revenues Surpass Expectations

Allison (ALSN) reports better-than-expected first-quarter results, driven by an increase in net sales in the North America On-Highway, Defense, Outside North America On-Highway & Off-Highway end markets.

Canoo Inc. (GOEV) Surpasses Market Returns: Some Facts Worth Knowing

In the closing of the recent trading day, Canoo Inc. (GOEV) stood at $2.82, denoting a +1.81% change from the preceding trading day.

Oshkosh (OSK) Q1 Earnings Beat Estimates, Guidance Revised

Oshkosh (OSK) reports better-than-expected first-quarter results and anticipates full-year 2024 sales to be around $10.7 billion, up from the prior estimate of $10.4 billion.

Group 1 (GPI) Q1 Earnings Miss Expectations, Decline Y/Y

Group 1's (GPI) first-quarter earnings miss the Zacks Consensus Estimate and decline 13.2% year over year.

Lithia (LAD) Q1 Earnings Miss Expectations, Dividend Hiked

Lithia (LAD) reports mixed first-quarter results and hikes the dividend to 53 cents per share from 50 cents.

O'Reilly (ORLY) Q1 Earnings & Revenues Surpass Estimates

O'Reilly (ORLY) reports better-than-expected first-quarter results and expects earnings per share in the range of $41.35-$41.85, up from the previous estimate of $41.05-$41.55.

Ford (F) Q1 Earnings Beat Expectations, Guidance Revised

Ford (F) reports better-than-expected first-quarter earnings. For full-year 2024, it expects adjusted free cash flow in the range of $6.5-$7.5 billion, up from the previous guidance of $6-$7 billion.

Canoo (GOEV) Is Considered a Good Investment by Brokers: Is That True?

Based on the average brokerage recommendation (ABR), Canoo (GOEV) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Why Canoo Inc. (GOEV) Outpaced the Stock Market Today

Canoo Inc. (GOEV) concluded the recent trading session at $2.42, signifying a +0.41% move from its prior day's close.

Canoo (GOEV) Partners With Red Sea Global to Expand Footprint

Canoo (GOEV) collaborates with Red Sea Global in Saudi Arabia to expand its global market presence.

Wall Street Analysts See Canoo (GOEV) as a Buy: Should You Invest?

Based on the average brokerage recommendation (ABR), Canoo (GOEV) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Best Momentum Stocks to Buy for April 8th

SM, GOEV and UBER made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 8, 2023.

New Strong Buy Stocks for April 8th

SM, UBER, GOEV, LNKB and ZUO have been added to the Zacks Rank #1 (Strong Buy) List on April 8, 2023.

Canoo (GOEV) Doubts Its Ability to Continue as a Going Concern

Canoo (GOEV) faces uncertainties about its ability to continue its operations amid funding challenges.

Is a Surprise Coming for Canoo (GOEV) This Earnings Season?

Canoo (GOEV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.