CANOO INC (GOEV) Forecast, Price Target & Analyst Ratings
NASDAQ:GOEV • US13803R2013
0.37 USD
-0.04 (-9.6%)
At close: Jan 28, 2025
0.3441 USD
-0.03 (-7%)
After Hours: 1/28/2025, 9:57:18 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CANOO INC (GOEV).
Forecast Snapshot
Consensus Price Target
$102.00
+ 27,467.57% Upside
Next Earnings Forecast
Release DateN/A
PeriodQ4 / 2024
EPS Estimate-$0.47
Revenue Estimate18.904M
ChartMill Buy Consensus
82.86%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$102.00
Upside
+ 27,467.57%
From current price of $0.37 to mean target of $102.00, Based on 7 analyst forecasts
Low
$101.00
Median
$102.00
High
$105.00
Price Target Revisions
1 Month
2,688.86%
3 Months
1,694.88%
Price Target Summary
7 analysts have analysed GOEV and the average price target is 102 USD. This implies a price increase of 27467.57% is expected in the next year compared to the current price of 0.37.
The average price target has been revised upward by 1694.88% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.86%
GOEV was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about GOEV.
In the previous month the buy percentage consensus was at a similar level.
GOEV was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2025-01-06 | Alliance Global Partners | Downgrade | Buy -> Neutral |
| 2024-12-31 | Stifel | Downgrade | Buy -> Hold |
| 2024-11-15 | HC Wainwright & Co. | Maintains | Buy -> Buy |
| 2024-08-16 | HC Wainwright & Co. | Maintains | Buy -> Buy |
| 2024-08-15 | Roth MKM | Maintains | Neutral -> Neutral |
| 2024-05-22 | Benchmark | Reiterate | Buy -> Buy |
| 2024-05-15 | Roth MKM | Maintains | Neutral -> Neutral |
| 2024-05-15 | Benchmark | Reiterate | Buy -> Buy |
| 2024-05-15 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2024-04-17 | Benchmark | Initiate | Buy |
| 2024-04-02 | HC Wainwright & Co. | Maintains | Buy -> Buy |
| 2024-03-15 | Alliance Global Partners | Maintains | Buy -> Buy |
| 2024-01-23 | Stifel | Maintains | Buy -> Buy |
| 2024-01-05 | Wedbush | Initiate | Outperform |
| 2023-11-15 | HC Wainwright & Co. | Maintains | Buy -> Buy |
| 2023-08-24 | Alliance Global Partners | Initiate | Buy |
| 2023-08-15 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2023-06-27 | Stifel | Maintains | Buy -> Buy |
| 2023-05-16 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2022-09-16 | Stifel | Initiate | Buy |
| 2022-08-09 | Roth Capital | Downgrade | Buy -> Neutral |
| 2022-07-13 | HC Wainwright & Co. | Maintains | Buy |
| 2021-12-16 | Roth Capital | Upgrade | Neutral -> Buy |
| 2021-09-07 | HC Wainwright & Co. | Initiate | Buy |
| 2021-08-17 | Roth Capital | Maintains | Neutral |
Next Earnings Forecast Details
Next Earnings Details
Release DateN/A
PeriodQ4 / 2024
EPS Estimate-$0.47
Revenue Estimate18.904M
Revenue Q2Q5,050.95%
EPS Q2Q49.00%
Number of Analysts8
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
-64.27%
EPS (1 Month)
0.00%
EPS (3 Months)
39.09%
Next Earnings Summary
The next earnings revenue estimate has been revised downward by 64.27% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | -100.00% | 886K | 2.753M 210.72% | 6.834M 148.24% | 280.76M 4,008.28% | 211.87M -24.54% | 436.06M 105.81% | 654.49M 50.09% | 1.613B 146.45% | 2.081B 29.01% | 2.339B 12.40% | ||
| EBITDA YoY % growth | -440.981M -128.97% | -495.247M -12.31% | -251.776M 49.16% | -158.743M 36.95% | -139.278M 12.26% | -103.572M 25.64% | -171.937M -66.01% | -147.228M 14.37% | -115.388M 21.63% | 64.312M 155.74% | 168.1M 161.38% | 243.39M 44.79% | |
| EBIT YoY % growth | -449.902M -125.27% | -506.801M -12.65% | -265.619M 47.59% | -210.88M 20.61% | -204.524M 3.01% | -134.149M 34.41% | -219.231M -63.42% | -196.205M 10.50% | -166.196M 15.29% | 11.39M 106.85% | 112.73M 889.73% | 185.35M 64.42% | |
| Operating Margin | N/A | N/A | -29,979.57% | -7,660.01% | -2,992.74% | -47.78% | -103.47% | -44.99% | -25.39% | 0.71% | 5.42% | 7.92% | |
| EPS YoY % growth | -42.32 96.41% | -43.70 -3.26% | -10.58 75.79% | -2.27 78.53% | -1.54 32.37% | -0.64 58.18% | 0.37 157.14% | 0.46 25.00% | 0.61 33.33% | 0.79 28.33% | N/A | N/A |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.47 49.00% | -0.41 99.07% | -0.41 96.62% | -0.43 -206.85% | -0.42 10.00% |
| Revenue Q2Q % growth | 18.904M 5,050.95% | 46.053M | 57.324M 9,375.04% | 74.256M 8,234.01% | 96.696M 411.51% |
| EBITDA Q2Q % growth | -62.891M -30.17% | -49.878M 15.83% | -44.533M -22.52% | -41.55M -27.69% | -37.48M 40.41% |
| EBIT Q2Q % growth | -48.176M 22.49% | -52.632M 15.99% | -53.38M -23.59% | -54.006M -25.20% | -50.551M -4.93% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
24.70%
EPS Next 5 Year
15.36%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
504.98%
Revenue Next 5 Year
221.58%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
17.19%
EBIT Next 5 Year
7.64%
CANOO INC / GOEV Forecast FAQ
What do analysts expect the price target to be for CANOO INC (GOEV)?
7 analysts have analysed GOEV and the average price target is 102 USD. This implies a price increase of 27467.57% is expected in the next year compared to the current price of 0.37.
What are the consensus estimates for CANOO INC (GOEV) next earnings?
The consensus EPS estimate for the next earnings of CANOO INC (GOEV) is -0.47 USD and the consensus revenue estimate is 18.90M USD.
What is the expected long term growth rate for CANOO INC (GOEV)?
The expected long term growth rate for CANOO INC (GOEV) is 504.98%.