Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:SM Energy Company (SM) :  This energy company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.Uber Technologies, Inc. (UBER) : This technology solutions provider has seen the Zacks Consensus Estimate for its current year earnings increasing 15.4% over the last 60 days.Canoo Inc. (GOEV) : This mobility technology company has seen the Zacks Consensus Estimate for its current year ...

Justin, TX and Riyadh, Saudi Arabia, April 08, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ:GOEV), a high-tech advanced mobility company, announced its innovative electric vehicles will be used in a pilot program by Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and AMAALA. Red Sea Global will pilot Canoo's Lifestyle Vehicle (LV), Lifestyle Delivery Vehicle (LDV) 190, and the Bulldog pickup truck. The Canoo vehicles will be piloted for travel between Red Sea Glob ...

Justin, TX, April 05, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced that on Monday April 8th and Tuesday, April 9th, the Company's management team will be presenting and hosting 1:1 investor meetings at the LD Micro Invitational XIV in New York City. The formal presentation will be webcast on Tue, Apr 9 at 3:00-3:25 PM ET. Please visit the IR Calendar page on the Canoo website to access live webcasts and any available replays. About Canoo ...

Justin, TX, April 05, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced that on Monday April 8th and Tuesday, April 9th, the Company's management team will be presenting and hosting 1:1 investor meetings at the LD Micro Invitational XIV in New York City. The formal presentation will be webcast on Tue, Apr 9 at 3:00-3:25 PM ET.  Please visit the IR Calendar page on the Canoo website to access live webcasts and any available replays.    About Ca ...

Canoo (NASDAQ:GOEV) stock is plunging lower by about 30% after the electric vehicle (EV) company filed its 2023 Form 10-K, revealing its fourth-quarter and full-year results. For the year, revenue tallied in at just $886,000 compared to $0 in 2022. That was driven by the completion of 22 vehicles, 17 of which were completed in Q4. Cost of revenue was $2.37 million for the year, resulting in a negative gross margin of $1.48 million.According to TechCrunch, Canoo spent $1.7 million reimbursing Aquila Family V ...

Canoo (NASDAQ:GOEV) stock is on the move Tuesday after the electric vehicle (EV) company announced its expansion into Saudi Arabia with commercial vehicle sales.According to a press release from Canoo, this expansion is due to a deal with paint manufacturer Jazeera Paints. The company is purchasing 20 of Canoo’s EVs to add to its fleet. The deal also allows it to purchase another 180 units.Canoo notes that this agreement will see Jazeera Paints acquire LDV 130 and LDV 190 delivery vehicles for its fleet. Th ...

Key PointsCanoo issued a going concern notice, and its share price fell more than 25%.The company needs cash quickly and may be unable to access capital markets because of existing agreements.Mullen Automotive isn't out of the woods yet but is firing on all cylinders and gaining momentum. Canoo, Inc. NASDAQ: GOEV analysts were bullish on the stock ahead of the Q4 earnings report, but that situation will likely change. The company issued a going concern notice that raises serious doubt about the company’s ab ...

Justin, TX and Riyadh, Saudi Arabia, April 02, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ:GOEV), a leading high-tech advanced mobility company, today signed a vehicle sales agreement with Jazeera Paints, a pioneering paint manufacturer in the Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA). Jazeera Paints will initially purchase 20 Canoo's electric vehicles (EVs) into its fleet in 2024, with the option to expand up to 180 additional vehicles. This agreement taps into the Saudi Arabia ...

Electric vehicle manufacturer Canoo disclosed in a Monday (April 1) annual report that its management has identified “substantial doubt” about the company’s ability to continue as a going concern.The company requires additional capital but has found that its ability to raise it could be impaired, according to the annual report.“Our management has performed an analysis of our ability to continue as a going concern and has identified substantial doubt about our ability to continue as a going concern,” the com ...

Canoo Inc. (NASDAQ:GOEV) Q4 2023 Earnings Conference Call April 1, 2024 5:00 PM ET Company Participants Tony Aquila - Investor, Chairman & CEO Greg Ethridge - CFO Ramesh Murthy - Chief Accounting Officer Conference Call Participants Craig Irwin - ROTH MKM Stephen Gengaro - Stifel Daniel Ives - Wedbush Securities Donovan Schafer - Northland Capital Markets Sameer Joshi - H.C. Wainwright Jaime Perez - R.F. Lafferty Pavel Molchanov - Raymond James Charles Fratt - Alliance Global Partners Operator Hello, and we ...