$0.50
6.14% yesterday
Nasdaq, Nov 15, 10:19 pm CET
ISIN
US13803R1023
Symbol
GOEV

Canoo Inc - Ordinary Shares - Class A Target price 2024 - Analyst rating & recommendation

Canoo Inc - Ordinary Shares - Class A Classifications & Recommendation:

Buy
71%
Hold
29%

Canoo Inc - Ordinary Shares - Class A Price Target

Target Price $3.16
Price $0.50
Potential
Number of Estimates 7
7 Analysts have issued a price target Canoo Inc - Ordinary Shares - Class A 2025 . The average Canoo Inc - Ordinary Shares - Class A target price is $3.16. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 7 analysts: 5 Analysts recommend Canoo Inc - Ordinary Shares - Class A to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Canoo Inc - Ordinary Shares - Class A stock has an average upside potential 2025 of . Most analysts recommend the Canoo Inc - Ordinary Shares - Class A stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 0.89 11.10
1,147.47%
EBITDA Margin -28,537.08% -1,663.95%
94.17%
Net Margin -118,356.85% -1,755.39%
98.52%

6 Analysts have issued a sales forecast Canoo Inc - Ordinary Shares - Class A 2024 . The average Canoo Inc - Ordinary Shares - Class A sales estimate is

$11.1m
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. This is
496.91% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$38.0m 1,943.01%
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, the lowest is
$2.4m 29.84%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $890k
2024
$11.1m 1,147.47%
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2025
$88.2m 694.15%
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2026
$467m 429.98%
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2027
$208m 55.55%
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2028
$428m 105.82%
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7 Analysts have issued an Canoo Inc - Ordinary Shares - Class A EBITDA forecast 2024. The average Canoo Inc - Ordinary Shares - Class A EBITDA estimate is

$-185m
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. This is
7.27% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-157m 21.44%
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, the lowest is
$-252m 26.29%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-254m 48.47%
2024
$-185m 27.26%
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2025
$-168m 9.18%
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2026
$-69.5m 58.58%
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2027
$-169m 142.59%
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2028
$-144m 14.37%
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EBITDA Margin

2023 -28,537.08%
2024
-1,663.95% 94.17%
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2025
-190.29% 88.56%
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2026
-14.87% 92.19%
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2027
-81.15% 445.73%
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2028
-33.76% 58.40%
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2 Canoo Inc - Ordinary Shares - Class A Analysts have issued a net profit forecast 2024. The average Canoo Inc - Ordinary Shares - Class A net profit estimate is

$-195m
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. This is
35.78% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-181m 40.23%
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, the lowest is
$-208m 31.32%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-1.1b 70.95%
2024
$-195m 81.50%
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2025
$-178m 8.50%
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Net Margin

2023 -118,356.85%
2024
-1,755.39% 98.52%
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2025
-202.25% 88.48%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -12.08 -2.24
70.95% 81.46%
P/E negative
EV/Sales 11.06

2 Analysts have issued a Canoo Inc - Ordinary Shares - Class A forecast for earnings per share. The average Canoo Inc - Ordinary Shares - Class A <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-2.24
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. This is
35.63% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-2.08 40.23%
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, the lowest is
$-2.39 31.32%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-12.08 70.95%
2024
$-2.24 81.46%
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2025
$-2.05 8.48%
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P/E ratio

Current -0.14 41.67%
2024
-0.23 64.29%
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2025
-0.25 8.70%
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Based on analysts' sales estimates for 2024, the Canoo Inc - Ordinary Shares - Class A stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

11.06
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 66.03
2024
11.06 83.25%
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2025
1.39 87.41%
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2026
0.26 81.13%
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2027
0.59 125.00%
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2028
0.29 51.41%
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P/S ratio

Current
2024
3.94 83.25%
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2025
0.50 87.41%
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2026
0.09 81.14%
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2027
0.21 125.03%
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2028
0.10 51.43%
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