GOEV vs. GP, EVTV, UCAR, SVMH, AIEV, LIDR, FLYE, ZEV, PEV, and CJET
Should you be buying Canoo stock or one of its competitors? The main competitors of Canoo include GreenPower Motor (GP), Envirotech Vehicles (EVTV), U Power (UCAR), SRIVARU (SVMH), Thunder Power (AIEV), AEye (LIDR), Fly-E Group (FLYE), Lightning eMotors (ZEV), Phoenix Motor (PEV), and Chijet Motor (CJET). These companies are all part of the "automobiles and trucks" industry.
Canoo vs.
GreenPower Motor (NASDAQ:GP) and Canoo (NASDAQ:GOEV) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, community ranking, valuation, institutional ownership, dividends, media sentiment, profitability, earnings and risk.
In the previous week, Canoo had 3 more articles in the media than GreenPower Motor. MarketBeat recorded 3 mentions for Canoo and 0 mentions for GreenPower Motor. Canoo's average media sentiment score of -0.39 beat GreenPower Motor's score of -1.00 indicating that Canoo is being referred to more favorably in the news media.
GreenPower Motor currently has a consensus price target of $2.33, suggesting a potential upside of 188.82%. Canoo has a consensus price target of $108.10, suggesting a potential upside of 7,907.41%. Given Canoo's higher possible upside, analysts clearly believe Canoo is more favorable than GreenPower Motor.
GreenPower Motor has a beta of 3.18, meaning that its share price is 218% more volatile than the S&P 500. Comparatively, Canoo has a beta of 1.3, meaning that its share price is 30% more volatile than the S&P 500.
Canoo has a net margin of 0.00% compared to GreenPower Motor's net margin of -98.93%. Canoo's return on equity of -68.39% beat GreenPower Motor's return on equity.
1.7% of GreenPower Motor shares are held by institutional investors. Comparatively, 36.2% of Canoo shares are held by institutional investors. 28.1% of GreenPower Motor shares are held by company insiders. Comparatively, 7.1% of Canoo shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
GreenPower Motor has higher revenue and earnings than Canoo. GreenPower Motor is trading at a lower price-to-earnings ratio than Canoo, indicating that it is currently the more affordable of the two stocks.
GreenPower Motor received 2 more outperform votes than Canoo when rated by MarketBeat users. Likewise, 60.98% of users gave GreenPower Motor an outperform vote while only 51.11% of users gave Canoo an outperform vote.
Summary
GreenPower Motor and Canoo tied by winning 8 of the 16 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 1/21/2025 by MarketBeat.com Staff
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