GOEV vs. EVTV, SVMH, IDEX, VLCN, ADSEW, LIDRW, GOEVW, CREVW, ELMSW, and FFIEW
Should you be buying Canoo stock or one of its competitors? The main competitors of Canoo include Envirotech Vehicles (EVTV), SRIVARU (SVMH), Ideanomics (IDEX), Volcon (VLCN), ADS-TEC Energy (ADSEW), AEye (LIDRW), Canoo (GOEVW), Carbon Revolution Public (CREVW), Electric Last Mile Solutions, I (ELMSW), and Faraday Future Intelligent Electric (FFIEW). These companies are all part of the "automobiles and trucks" industry.
Canoo vs.
Envirotech Vehicles (NASDAQ:EVTV) and Canoo (NASDAQ:GOEV) are both small-cap auto/tires/trucks companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, dividends, community ranking, analyst recommendations, risk, institutional ownership, earnings, media sentiment and valuation.
5.7% of Envirotech Vehicles shares are held by institutional investors. Comparatively, 36.2% of Canoo shares are held by institutional investors. 13.7% of Envirotech Vehicles shares are held by insiders. Comparatively, 7.1% of Canoo shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
In the previous week, Envirotech Vehicles and Envirotech Vehicles both had 1 articles in the media. Envirotech Vehicles' average media sentiment score of 0.00 equaled Canoo'saverage media sentiment score.
Envirotech Vehicles has a beta of 2.53, indicating that its stock price is 153% more volatile than the S&P 500. Comparatively, Canoo has a beta of 1.3, indicating that its stock price is 30% more volatile than the S&P 500.
Canoo has a consensus target price of $108.10, suggesting a potential upside of 31,324.42%. Given Canoo's stronger consensus rating and higher possible upside, analysts plainly believe Canoo is more favorable than Envirotech Vehicles.
Canoo received 23 more outperform votes than Envirotech Vehicles when rated by MarketBeat users.
Canoo has a net margin of 0.00% compared to Envirotech Vehicles' net margin of -789.13%. Envirotech Vehicles' return on equity of -42.63% beat Canoo's return on equity.
Envirotech Vehicles has higher revenue and earnings than Canoo. Envirotech Vehicles is trading at a lower price-to-earnings ratio than Canoo, indicating that it is currently the more affordable of the two stocks.
Summary
Envirotech Vehicles and Canoo tied by winning 7 of the 14 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NASDAQ:GOEV) was last updated on 2/22/2025 by MarketBeat.com Staff
