Streetbeat News

GOEV

Canoo Inc.

https://www.canoo.com

Industry

Auto - Manufacturers

Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups. It also provides multi-purpose platform architecture is a self-contained, fully functional rolling chassis design to support various range of vehicle weight and ride profiles. The company serves to small businesses, independent contractors, tradespeople, utilities, and service technicians. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.

Open

0.41

Mkt cap

36M

Volume

5.3M

High

0.43

P/E Ratio

-0.07

52-wk high

8.81

Low

0.40

Div yield

N/A

52-wk low

0.37

Canoo has delivered three crew transportation vehicles to NASA's Kennedy Space Center in Florida. These vehicles will be used to transport astronauts to the launch pad for the Artemis lunar missions.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:07 am

EV startup Canoo Inc (NASDAQ:GOEV) will provide specially designed electric crew transportation vehicles for NASA's Artemis missions to the Moon. The vehicles, which can transport four astronauts in spacesuits along with support personnel and specialized equipment, were delivered to NASA’s Kennedy Space Center in Florida. The vehicles will be used for astronaut training exercises at the spaceport prior to Artemis II, scheduled for November 2024.

Portfolio Pulse from Anan Ashraf

July 12, 2023 | 4:43 am

Canoo Inc (NASDAQ:GOEV) announced an expansion of its partnership with the U.S. Department of Defense's Defense Innovation Unit (DIU). The collaboration involves Canoo delivering an advanced battery pack for use on operational military platforms. Canoo's stock experienced volatility following the announcement, peaking at 66 cents before falling 2.02% to 54 cents.

Portfolio Pulse from Adam Eckert

July 10, 2023 | 2:21 pm

Canoo Inc. (NASDAQ:GOEV) has expanded its partnership with the U.S. Department of Defense's Defense Innovation Unit (DIU) to develop a high-power battery pack. This partnership validates Canoo's technological and operational reliability for demanding U.S. government projects. The battery pack will set the standard for energy-dense lithium batteries for the U.S. Navy. Despite this, GOEV shares are trading lower by 2.3%.

Portfolio Pulse from Nabaparna Bhattacharya

July 10, 2023 | 2:12 pm

In Monday's pre-market session, several consumer discretionary stocks saw significant movement. Canoo, EpicQuest Education Group, Helen Of Troy, Inspirato, Polestar Automotive, and Genius Gr were among the gainers, while Phoenix Motor, Forza X1, QuantaSing Group, Volcon, Kaival Brands Innovations, and Kidpik were among the losers.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 1:12 pm

Canoo Technologies (NASDAQ:GOEV) has announced an expansion of its partnership with the U.S. Department of Defense's Defense Innovation Unit (DIU) to further develop a high-power battery pack. The partnership expansion follows successful testing and analysis of Canoo's patented technology. Canoo's proprietary battery system is modular and offers industry-leading performance features, supporting various military applications and configurations. The company also has a battery module manufacturing facility at MidAmerica Industrial Park in Pryor, Oklahoma, which will create over 200 advanced manufacturing jobs.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 12:12 pm

In Monday's pre-market session, several consumer discretionary stocks saw significant movement. Gainers included Rivian Automotive (RIVN), Alliance Entertainment (AENT), XPeng (XPEV), Visionary Education Tech (VEDU), Canoo (GOEV), and EBET (EBET). Losers included 51 Talk Online Education (COE), ECARX Holdings (ECX), Tupperware Brands (TUP), Conn's (CONN), and Container Store Group (TCS).

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 1:12 pm

The article lists five consumer stocks that are currently oversold and could potentially rebound. These include Stride, Inc. (LRN), Adtalem Global Education Inc. (ATGE), Strategic Education, Inc. (STRA), Canoo Inc. (GOEV), and NaaS Technology Inc. (NAAS). All these companies have reported positive financial results recently, but their stocks have been trading near or below their 52-week lows.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 11:34 am

Stifel analyst J. Bruce Chan maintains a Buy rating on Canoo (NASDAQ:GOEV) and lowers the price target from $1.65 to $1.5.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 9:41 am

Surgalign Holdings shares dropped by around 75% after filing for Chapter 11 bankruptcy. Other stocks experienced significant gains and losses during Tuesday's mid-day session, with Airspan Networks, Evelo Biosciences, and VCI Global among the top gainers.

Portfolio Pulse from Lisa Levin

June 20, 2023 | 5:07 pm

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