Analyst Price Target is $8.13
▲ +341.58% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Canoo in the last 3 months. The average price target is $8.13, with a high forecast of $15.00 and a low forecast of $3.50. The average price target represents a 341.58% upside from the last price of $1.84.
Current Consensus is
The current consensus among 4 contributing investment analysts is to buy stock in Canoo. This rating has held steady since April 2022, when it changed from a Hold 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 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.