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Roth MKM analyst Craig Irwin maintains Canoo (NASDAQ:GOEV) with a Neutral and lowers the price target from $3 to $1.5.
Canoo shares are trading higher after the company reported its second-quarter financial results Wednesday. Here's a look at...
EV market fundamentals are stabilizing, but the sector did not sidestep this week's market sell-off.
Canoo is expected to report 2024 fiscal year second quarter earnings on Wednesday after the market closes.
Electric-vehicle stocks came under selling pressure in the week ended Aug. 2 amid the broader market meltdown.
EV earnings got started off with a not-so-positive report from market leader Tesla, and Lucid struck a battery supply deal.
-SEC Filing