Canoo stock forecast charts reveal a descending triangle

Canoo stock forecast charts reveal a descending triangle pattern, often signaling continuation of bearish trends unless fundamental news breaks the setup. 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. 4. Competition in the EV Market The electric vehicle market is becoming increasingly competitive, with established automakers and new entrants vying for market share. Key competitors include: Tesla: The leader in the EV space continues to innovate and expand its offerings. Rivian and Lucid Motors: These newer companies are also capturing attention with their unique products and business models. 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-