Canoo stock forecast charts reveal a descending triangle pattern, often signaling continuation of bearish trends unless fundamental news breaks the setup. Yahoo has a financial relationship with some content providers that allows us to deliver more useful results to you. When Yahoo is not paid to place the content in a specific location on your screen, the content might not be labeled. Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Canoo Inc. (GOEV). Valuation trends for Canoo stock forecast highlight its penny stock status, where small price swings translate to large percentage gains or losses, attracting day traders’ interest.