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Canoo Q1 Results: EV Manufacturer Misses Earnings Estimates
Canoo Inc. (NASDAQ:GOEV) reported first-quarter financial results after the bell Tuesday. Here's a look at the details. The Details: Canoo reported quarterly losses of $1.13 per share, which missed th
Benchmark Reiterates Buy on Canoo, Maintains $5 Price Target
Benchmark analyst Michael Legg reiterates Canoo with a Buy and maintains $5 price target.
Canoo Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/15/2024 86.57% Benchmark → $5 Reiterates Buy → Buy 04/17/2024 86.57% Benchmark → $5 Initiates Coverage
Benchmark Co. Reaffirms Their Buy Rating on Canoo (GOEV)
Optimistic Outlook for Canoo With Strong Revenue Projections and Strategic Cost Management: Maintaining Buy Rating
Changes in US stocks | Canoo fell more than 3.2% before the market, and net loss in the first quarter expanded and fell short of expectations
Glonghui, May 15 | Electric vehicle startup Canoo (GOEV.US) U.S. stocks fell more than 3.2% to $2.7 before the market. Canoo's net loss for the first quarter increased from US$90.7 million in the same period last year to US$117.7 million, with analysts expecting an average loss of US$55.2 million; after adjustment, the loss per share was US$1.13, and analysts expected a loss of $0.97. No sales were announced for the period, and analysts expected $1.1 million. Slowing demand in the US and fierce competition from Chinese electric vehicle manufacturers in the world's largest car market have hit, including Canoo