Canoo stock forecast compares unfavorably to larger EV

Canoo stock forecast compares unfavorably to larger EV names in gross margin terms; improvement here is key to attracting institutional coverage. Feb 6, 2025 · Canoo stock forecast for 2025, 2026, 2027, 2028 and 2029 Open, maximum and minimum, close and average prices for each month. Canoo share outlook for near years. Canoo debuted on stock markets on Dec. 22. It started trading on Nasdaq under the ticker symbol "GOEV" after completing a merger with SPAC Hennessy Capital Acquisition. The business combination was approved by Hennessy shareholders at a special meeting on Dec. 21. Canoo’s IPO comes on the heels of investors' increased interest in the EV space this year. Stocks like Tesla and NIO have seen a meteoric rise in 2020, which is in part due to investors' rising appetite for stocks that are involved in a sustainable and clean energy future. Canoo stock forecast reflects risk factors tied to cash burn, with current liquidity projected to cover 6-8 months of operations; equity offerings could dilute shares in mid-