When Will Canoo Stock Be Available?

Canoo Inc., a Walmart-backed EV startup, has announced that deliveries of its all-electric commercial van have officially begun, with the first production Canoo LDV 130 Electric Pickup Truck set to be the new standard in EV automotive function, form, and utility. The company’s stock price is expected to drop by -16.58% and reach 1.718505 per share by July 30, 2024. The company’s stock split will be available on the Form 8-K expected to be filed March 8, 2024.

Canoo’s annual production run rate is expected to double to 40,000 in 2024, but the pressure of this ambitious expansion could easily lead to a significant price increase in the coming years. The stock price was calculated using the afternoon prices of June 3, 2023, and the video was published on June 5, 2023.

The stock forecast for Canoo Inc. is based on analyst price target predictions based on three analysts offering 12-month price targets for GOEV in the last three months. The company’s goal is to provide affordable electric vehicles for regular customers, with its lifestyle vehicle starting at 39,950 and the pickup truck expected to be in a similar price range. Shares can be purchased through any registered broker.

In conclusion, Canoo Inc. is experiencing a surge in stock value due to its rapid revenue generation phase and the anticipated high opening price for its shares.