Analyst Price Target is $11.33
▲ +38.21% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Canoo in the last 3 months. The average price target is $11.33, with a high forecast of $18.00 and a low forecast of $6.00. The average price target represents a 38.21% upside from the last price of $8.20.
Current Consensus is
The current consensus among 3 polled investment analysts is to hold stock in Canoo. This rating has held steady since March 2021, when it changed from a Buy consensus rating.
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 B2B delivery vehicles, multi-purpose delivery vehicles, and lifestyle vehicles using skateboard architecture technology. It intends to serve small businesses, independent contractors, service technicians, retailers, corporations, logistics companies, fleet managers, and others. The company was incorporated in 2017 and is headquartered in Torrance, California.