Canoo Inc
General ticker "GOEV" information:
- Sector: Consumer Discretionary
- Industry: Automobiles
- Capitalization: $20.3M
Canoo Inc does not follow the US Stock Market performance with the rate: -39.8%.
Estimated limits based on current volatility of 18.0%: low 0.07$, high 0.11$
Factors to consider:
- Current price 97.8% below estimated low
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [3.57$, 11.21$]
- 2024-12-30 to 2025-12-30 estimated range: [2.95$, 8.52$]
Financial Metrics affecting the GOEV estimates:
- Negative: Non-GAAP EPS, $ of -10.47 <= 0.10
- Negative: Operating profit margin, % of -99.67 <= 1.03
- Negative: negative Net income
- Negative: Operating cash flow per share per price, % of -62.02 <= 2.35
- Positive: Inventory ratio change, % of -12.59 <= -1.03
- Positive: -3.48 < Investing cash flow per share, $ of -2.68
- Negative: Industry inventory ratio change (median), % of 5.38 > 0.49
Short-term GOEV quotes
Long-term GOEV plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $0.00MM | $0.00MM | $0.89MM |
| Operating Expenses | $449.90MM | $506.80MM | $268.70MM |
| Operating Income | $-449.90MM | $-506.80MM | $-267.82MM |
| Non-Operating Income | $103.13MM | $19.11MM | $-34.20MM |
| Interest Expense | $10.48MM | $2.25MM | $5.54MM |
| R&D Expense | $246.25MM | $299.22MM | $139.19MM |
| Income(Loss) | $-346.77MM | $-487.69MM | $-302.02MM |
| Profit(Loss) | $-346.77MM | $-487.69MM | $-302.02MM |
| Stockholders Equity | $344.00MM | $236.57MM | $249.58MM |
| Inventory | $27.67MM | $2.95MM | $6.15MM |
| Assets | $523.07MM | $496.47MM | $542.00MM |
| Operating Cash Flow | $-300.82MM | $-400.48MM | $-251.13MM |
| Capital expenditure | $136.59MM | $97.27MM | $67.06MM |
| Investing Cash Flow | $-162.73MM | $-66.83MM | $-67.06MM |
| Financing Cash Flow | $-11.39MM | $290.43MM | $288.48MM |
| Earnings Per Share* | $-24.61 | $-39.76 | $-12.08 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.