GOEV - Canoo Holdings Ltd. Stock Price, Fair Value and News

2.77USD-0.10 (-3.48%)Delayed as of 17 May 2024, 01:09 pm ET

Market Summary

USD2.77-0.10

Delayedas of 17 May 2024, 01:09 pm

-3.48%

GOEV Stock Price

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GOEV RSI Chart

GOEV Valuation

Market Cap

196.8M

Price/Earnings (Trailing)

-0.61

Price/Sales (Trailing)

222.11

EV/EBITDA

-0.58

Price/Free Cashflow

-0.69

GOEV Price/Sales (Trailing)

GOEV Profitability

Operating Margin

-167.95%

EBT Margin

-36340.41%

Return on Equity

-174.74%

Return on Assets

-59.11%

Free Cashflow Yield

-144.83%

GOEV Fundamentals

GOEV Revenue

Revenue (TTM)

886.0K

Rev. Growth (Yr)

-78.88%

Rev. Growth (Qtr)

-29.29%

GOEV Earnings

Earnings (TTM)

-322.0M

Earnings Growth (Yr)

-21.99%

Earnings Growth (Qtr)

-289.13%

Breaking Down GOEV Revenue

52 Week Range

0.402.85

(Low)(High)

Last 7 days

13.4%

Last 30 days

-2.1%

Last 90 days

1950%

Trailing 12 Months

337.0%

How does GOEV drawdown profile look like?

GOEV Financial Health

Current Ratio

0.16

Debt/Equity

0.24

Debt/Cashflow

-5.16

GOEV Investor Care

Shares Dilution (1Y)

213.12%

Diluted EPS (TTM)

2.22

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q3	Q4
2024	0	0	0
2023	1.7M	1.3M	886.0K
2022	0	0	2.1M
2020	0	0	2.5M

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Tracking the Latest Insider Buys and Sells of Canoo Holdings Ltd.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 07, 2024	ruiz hector m.	sold	-119	0.16	-745	general counsel, corp secy
Jan 24, 2024	murthy ramesh	sold	-219	0.18	-1,217	svp and cao
Jan 04, 2024	ruiz hector m.	sold	-792	0.23	-3,444	general counsel, corp secy
Jan 02, 2024	ruiz hector m.	sold	-228	0.25	-912	general counsel, corp secy
Dec 26, 2023	murthy ramesh	sold	-49.2	0.24	-205	svp and cao
Dec 20, 2023	ethridge greg	acquired	-	-	1,500,000	chief financial officer
Nov 20, 2023	murthy ramesh	sold	-168	0.32	-527	svp and cao
Nov 20, 2023	sheeran josette	sold	-7,194	0.32	-22,484	president
Nov 09, 2023	dattilo thomas a	acquired	-	-	326,051	-
Nov 09, 2023	kingsbury arthur f	acquired	-	-	326,051	-

Which funds bought or sold GOEV recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	CAROLINAS WEALTH CONSULTING LLC	new	-	4,844	4,844	-%
May 15, 2024	Cetera Advisor Networks LLC	sold off	-100	-11,840	-	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-187,697	-	-%
May 15, 2024	AMUNDI	new	-	42,189	42,189	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	new	-	616,450	616,450	-%
May 15, 2024	CAROLINAS WEALTH CONSULTING LLC	sold off	-100	-8,027	-	-%
May 15, 2024	Mariner, LLC	sold off	-100	-18,190	-	-%
May 15, 2024	Federation des caisses Desjardins du Quebec	new	-	4,898	4,898	-%
May 15, 2024	Scientech Research LLC	new	-	64,103	64,103	0.03%
May 15, 2024	LMR Partners LLP	added	2,200	10,071	52,033	-%

Are Funds Buying or Selling GOEV?

Are funds buying GOEV calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GOEV

No. of Funds

Unveiling Canoo Holdings Ltd.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 07, 2024	aquila tony	0.8%	543,886	SC 13D/A
Apr 16, 2024	aquila tony	0.8%	543,886	SC 13D/A
Feb 13, 2024	vanguard group inc	3.31%	26,036,884	SC 13G/A
Feb 13, 2024	ya ii pn, ltd.	9.99%	123,617,485	SC 13G/A
Jul 07, 2023	aquila tony	2.5%	12,509,387	SC 13D/A
Jun 28, 2023	aquila tony	2.5%	12,509,387	SC 13D/A
Jun 01, 2023	dd global holdings ltd	1.31%	6,618,618	SC 13D/A
Feb 09, 2023	vanguard group inc	6.66%	22,964,694	SC 13G
Jan 09, 2023	ya ii pn, ltd.	9.99%	38,292,581	SC 13G/A
Jan 06, 2023	aquila tony	3.9%	12,509,387	SC 13D/A

Recent SEC filings of Canoo Holdings Ltd.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	10-Q	Quarterly Report
May 14, 2024	8-K	Current Report
May 07, 2024	4	Insider Trading
May 07, 2024	SC 13D/A	13D - Major Acquisition
May 06, 2024	8-K	Current Report
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	SC 13D/A	13D - Major Acquisition
Apr 12, 2024	S-8	Employee Benefits Plan
Apr 11, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report

Peers (Alternatives to Canoo Holdings Ltd.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	557.7B	94.7B	11.30%	0.58%	40.97	5.89	10.12%	15.85%
GM	53.0B	174.9B	7.55%	41.43%	4.96	0.3	8.79%	13.26%
F	49.3B	177.5B	2.40%	7.65%	12.53	0.28	7.54%	33.01%
APTV	22.4B	20.1B	14.39%	-12.33%	7.48	1.11	11.06%	348.88%
KMX	11.5B	26.5B	4.50%	1.38%	23.96	0.43	-10.61%	-1.15%
MID-CAP
BWA	8.6B	14.4B	16.00%	-15.27%	13.96	0.59	5.28%	-36.11%
ALSN	6.6B	3.1B	-6.13%	54.90%	9.81	2.14	8.82%	17.48%
ABG	4.9B	15.4B	12.89%	18.78%	8.67	0.32	2.10%	-39.62%
GT	3.7B	19.7B	8.05%	-10.48%	-5.8	0.19	-5.64%	-9328.57%
ADNT	2.7B	15.2B	3.49%	-17.30%	16.85	0.18	3.04%	1216.67%
SMALL-CAP
BLBD	1.7B	1.3B	45.74%	147.43%	21.14	1.34	26.17%	337.87%
AXL	927.5M	6.2B	12.39%	10.66%	-115.94	0.15	5.67%	-113.75%
CAAS	106.9M	573.5M	1.15%	-32.95%	2.73	0.19	7.12%	39.36%
WKHS	78.7M	13.1M	38.89%	-74.47%	-0.64	6.01	160.69%	-5.67%
AYRO	5.9M	444.2K	-9.23%	96.67%	-0.18	13.27	-78.61%	-35.63%

Canoo Holdings Ltd. News

Latest updates

Canoo Holdings Ltd. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q1	2022Q4	2020Q4	2020Q3
Revenue	-100.0%	-	367	519	1,027	1,535	2,042	2,550
Cost Of Revenue	-	-	-	-	-	-	-	-
Gross Profit	100.0%	-	-1,104	-384	-	-	-	-
Costs and Expenses	-0.3%	62,648	62,853	48,385	81,528	83,173	127,664	29,736
S&GA Expenses	17.0%	32,868	28,100	24,925	29,849	36,430	35,714	8,405
R&D Expenses	-16.3%	26,390	31,542	21,965	47,104	44,209	90,004	18,923
EBITDA Margin	-6.9%	-347.76*	-325.23*	-261.59*	-255.88*	-223.12*	-	-
Interest Expenses	-	-	-	-	-	-	-	-
Income Taxes	-	-	-	-	-	-	-368	-9.00
Earnings Before Taxes	-289.1%	-110,687	-28,445	-111,974	-90,732	-80,230	-9,163	-23,390
EBT Margin	-6.6%	-363.40*	-340.88*	-271.74*	-263.71*	-228.54*	-	-
Net Income	-289.1%	-110,687	-28,445	-111,974	-90,732	-80,230	-9,165	-23,390
Net Income Margin	-6.6%	-363.40*	-340.88*	-271.74*	-263.71*	-228.54*	-	-
Free Cashflow	35.6%	-52,442	-81,387	-73,362	-85,635	-79,065	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.5%	545	542	534	522	488	496	445	398	420	523	615	712	718	753	307	309	310	72.00	308	307	306
Current Assets	-0.5%	32.00	33.00	33.00	26.00	27.00	52.00	40.00	71.00	143	291	431	577	658	709	0.00	1.00	1.00	31.00	1.00	2.00	2.00
Cash Equivalents	185.3%	18.00	6.00	8.00	5.00	7.00	37.00	7.00	34.00	105	227	415	563	642	702	149	18.00	20.00	30.00	1.00	2.00	2.00
Inventory	10.6%	7.00	6.00	6.00	5.00	5.00	3.00	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	1.0%	381	377	369	363	329	311	302	276	224	202	141	89.00	45.00	30.00	-	-	-	26.00	-	-	-
Liabilities	23.2%	360	292	369	289	236	260	217	209	172	179	153	188	108	188	15.00	13.00	13.00	128	12.00	10.00	10.00
Current Liabilities	9.1%	201	184	188	202	175	218	183	180	133	136	107	116	36.00	28.00	5.00	3.00	3.00	10.00	2.00	0.00	0.00
Long Term Debt	-	-	-	45.00	-	-	-	-	-	-	-	-	-	7.00	7.00	-	-	-	-	-	-	-
LT Debt, Current	23.7%	63.00	51.00	38.00	25.00	-	35.00	13.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-	-	-	45.00	-	-	-	-	-	-	-	-	-	7.00	7.00	-	-	-	-	-	-	-
Shareholder's Equity	-26.2%	184	250	166	233	252	237	228	188	248	344	461	523	610	565	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Retained Earnings	-7.5%	-1,592	-1,481	-1,453	-1,341	-1,270	-1,179	-1,099	-981	-817	-692	-554	-473	-360	-345	-0.99	2.00	2.00	-258	0.00	1.00	0.00
Additional Paid-In Capital	2.6%	1,770	1,726	1,619	1,574	1,522	1,416	1,327	1,170	1,065	1,036	1,015	996	971	911	6.00	3.00	3.00	203	5.00	4.00	5.00
Shares Outstanding	-92.6%	64.00	865	28.00	25.00	21.00	355	11.00	11.00	10.00	10.00	10.00	10.00	10.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	206	-	-	-	286	-	-	-	1,048	-	-	-	252	-	-	-	297	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	20.4%	-47,519	-59,699	-61,891	-62,344	-67,200	-70,612	-92,298	-117,228	-120,337	-120,195	-71,803	-54,870	-53,948	-42,009	-22,777	-18,607	-23,707	-169,945	-585	-781	-141
Share Based Compensation	62.2%	10,954	6,755	6,908	6,707	9,836	18,593	19,527	20,773	20,680	18,602	19,098	25,514	45,146	83,221	319	351	389	-	-	-	-
Cashflow From Investing	77.3%	-4,923	-21,688	-11,471	-15,470	-18,435	-8,453	-23,397	-36,978	1,998	-62,618	-71,457	-16,545	-12,108	-6,349	-230	-241	-738	-	-	-	-
Cashflow From Financing	-37.4%	49,785	79,580	76,687	76,139	56,076	109,157	88,641	83,159	9,471	-6,009	-3,991	-6,945	5,559	601,398	153,862	17,267	15,000	-99,985	-	-44.00	305,113
Buy Backs	-	-	-	-	125	275	14.00	969	150	100	6,001	5,302	2.00	2.00	37.00	2.00	-	-	-	-	-	-

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GOEV Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Income Statement [Abstract]

Revenue

$ 0

Cost of revenue

Gross margin

Operating Expenses

Research and development expenses, excluding depreciation

26,390

47,104

Selling, general and administrative expenses, excluding depreciation

32,868

29,849

Depreciation

3,390

4,575

Total operating expenses

62,648

81,528

Loss from operations

(62,648)

(81,528)

Other (expense) income

Interest expense

(5,624)

(296)

Gain on fair value change in contingent earnout shares liability

2,505

(Loss) Gain on fair value change in warrant and derivative liability

(9,471)

17,342

Loss on fair value change in convertible debt

(58,584)

Gain (Loss) on extinguishment of debt

24,466

(26,739)

Other income (expense), net

1,148

(2,016)

Loss before income taxes

(110,687)

(90,732)

Provision for income taxes

Net loss and comprehensive loss attributable to Canoo

(110,687)

(90,732)

Net loss and comprehensive loss attributable to Canoo

(110,687)

(90,732)

Less: dividend on redeemable preferred stock

862

Less: additional deemed dividend on redeemable preferred stock

Net loss and comprehensive loss available to common shareholders

$ (111,549)

$ (90,732)

Per Share Data:

Net loss per share, basic (in dollars per share)

^[1]

$ (2.20)

$ (4.99)

Net loss per share, diluted (in dollars per share)

^[1]

$ (2.20)

$ (4.99)

Weighted-average shares outstanding, basic (in shares)

^[1]

50,746

18,177

Weighted-average shares outstanding, diluted (in shares)

^[1]

50,746

18,177

[1]	Periods presented have been adjusted to reflect the 1-for-23 reverse stock split on March 8, 2024. See Note 1- Organization and Basis of Presentation - Reverse Stock Split, for additional information.

GOEV Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Current assets

Cash and cash equivalents

$ 3,656

$ 6,394

Restricted cash, current

3,986

3,905

Inventory

6,805

6,153

Prepaids and other current assets

17,946

16,099

Total current assets

32,393

32,551

Property and equipment, net

380,740

377,100

Restricted cash, non-current

10,600

Operating lease right-of-use assets

35,372

36,241

Deferred warrant asset

50,175

Deferred battery supplier cost

30,000

Other non-current assets

5,396

5,338

Total assets

544,676

542,005

Current liabilities

Accounts payable

67,770

65,306

Accrued expenses and other current liabilities

65,017

63,901

Convertible debt, current

63,289

51,180

Derivative liability, current

1,604

860

Financing liability, current

3,542

3,200

Total current liabilities

201,222

184,447

Contingent earnout shares liability

Operating lease liabilities

34,893

35,722

Derivative liability, non-current

15,138

25,919

Financing liability, non-current

28,832

28,910

Warrant liability, non-current

80,314

17,390

Total liabilities

360,414

292,429

Commitments and contingencies (Note 11)

Redeemable preferred stock, $0.0001 par value; 10,000 authorized, 45 shares issued and outstanding as of March 31, 2024, and December 31, 2023 respectively.

6,469

5,607

Stockholders’ equity

Common stock, $0.0001 par value; 2,000,000 authorized as of March 31, 2024 and December 31, 2023, respectively; 66,406 and 37,591 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively (1)

^[1]

Additional paid-in capital (1)

^[1]

1,770,318

1,725,809

Accumulated deficit

(1,592,531)

(1,481,844)

Total preferred stock and stockholders’ equity

184,262

249,576

Total liabilities, preferred stock and stockholders’ equity

$ 544,676

$ 542,005

[1]	Periods presented have been adjusted to reflect the 1-for-23 reverse stock split on March 8, 2024. See Note 1- Organization and Basis of Presentation - Reverse Stock Split, for additional information.

About Canoo Holdings Ltd.

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 that directly houses the critical components for operation of an EV. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.

CEO	Mr. Anthony Aquila
WEBSITE	canoo.com
INDUSTRY	Autos
EMPLOYEES	812

Canoo Holdings Ltd. Frequently Asked Questions

What is the ticker symbol for Canoo Holdings Ltd.? What does GOEV stand for in stocks?

GOEV is the stock ticker symbol of Canoo Holdings Ltd.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Canoo Holdings Ltd. (GOEV)?

As of Thu May 16 2024, market cap of Canoo Holdings Ltd. is 196.79 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GOEV stock?

You can check GOEV's fair value in chart for subscribers.

What is the fair value of GOEV stock?

You can check GOEV's fair value in chart for subscribers. The fair value of Canoo Holdings Ltd. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Canoo Holdings Ltd. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GOEV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Canoo Holdings Ltd. a good stock to buy?

The fair value guage provides a quick view whether GOEV is over valued or under valued. Whether Canoo Holdings Ltd. is cheap or expensive depends on the assumptions which impact Canoo Holdings Ltd.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GOEV.

What is Canoo Holdings Ltd.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, GOEV's PE ratio (Price to Earnings) is -0.61 and Price to Sales (PS) ratio is 222.11. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GOEV PE ratio will change depending on the future growth rate expectations of investors.