Canoo IncGOEV
Market Cap: $85.9M
About: Canoo Inc is a mobility technology company providing with a proprietary modular electric vehicle platform and connected services initially focused on commercial fleet, government and military customers. The Company has developed a breakthrough EV platform that it believes will enable it to rapidly iterate and bring new products, addressing multiple use cases, to market faster than competition and at lower cost.
Employees: 817
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
171% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 17
144% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 9
59% more capital invested
Capital invested by funds: $20.7M [Q1] → $32.8M (+$12.2M) [Q2]
39% more funds holding
Funds holding: 74 [Q1] → 103 (+29) [Q2]
11.54% more ownership
Funds ownership: 10.22% [Q1] → 21.77% (+11.54%) [Q2]
41% less call options, than puts
Call options by funds: $3.33M | Put options by funds: $5.65M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
HC Wainwright & Co. Amit Dayal 38% 1-year accuracy 33 / 88 met price target | 281%upside $4 | Buy Maintained | 16 Aug 2024 |
Roth MKM Craig Irwin 33% 1-year accuracy 9 / 27 met price target | 43%upside $1.50 | Neutral Maintained | 15 Aug 2024 |
Financial journalist opinion
Based on 7 articles about GOEV published over the past 30 days