Canoo stock forecast could benefit from strategic partnerships with battery suppliers, improving cost efficiency and increasing investor confidence in sustainable growth. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Canoo Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock . Also, ... CrowdStrike Tests $412 Support as Options Traders Turn Bullish Canoo stock forecast for 2024 shows potential lift if U.S. EV tax credits support demand; projected revenue growth could push valuation metrics closer to 1.5x forward sales from its current sub-1x ratio.
