S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Laser breakthrough could send stock soaring 2,467% (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Laser breakthrough could send stock soaring 2,467% (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Laser breakthrough could send stock soaring 2,467% (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Laser breakthrough could send stock soaring 2,467% (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Laser breakthrough could send stock soaring 2,467% (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Laser breakthrough could send stock soaring 2,467% (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Laser breakthrough could send stock soaring 2,467% (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Laser breakthrough could send stock soaring 2,467% (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
NASDAQ:REE

REE Automotive (REE) Stock Forecast, Price & News

$0.15
0.00 (0.00%)
(As of 09/22/2023 ET)
Compare
Today's Range
$0.15
$0.16
50-Day Range
$0.15
$0.39
52-Week Range
$0.14
$1.00
Volume
747,701 shs
Average Volume
1.13 million shs
Market Capitalization
$50.04 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.63

REE Automotive MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
2,295.9% Upside
$3.63 Price Target
Short Interest
Healthy
0.16% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.91mentions of REE Automotive in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.37) to ($0.29) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.34 out of 5 stars

Auto/Tires/Trucks Sector

32nd out of 98 stocks

Motor Vehicles & Car Bodies Industry

9th out of 32 stocks


REE stock logo

About REE Automotive (NASDAQ:REE) Stock

REE Automotive Ltd. operates as an automotive technology company in Israel, the United Kingdom, the United States, Germany, and internationally. The company offers REEcorner integrates vehicle components comprising as steering, braking, suspension, powertrain, and control into single compact module between the chassis and the wheel, which is controlled by its electronic unit functions, which includes drive-by-wire, steer-by-wire, break-by-wire, DaaS, smart corners, and design for serviceability; and REEplatform, a modular electric vehicle platform. It provides P7 EV Modular Platform designed for commercial delivery vehicles and walk-in vans; and Proxima Powered by REE, a class 5 fully drive-by-wire walk-in step van, which comprises EAVX and Morgan Olson body paired with REE's fully-flat modular P7 chassis and x-by-wire technology, which includes improved aerodynamics, enhanced driver ergonomics, driver visibility and safety, and enhanced maneuverability. Further, the company provides P7-B Box Truck, a class 3 box truck built on a P7 cab chassis with REE's all-wheel drive and all-wheel steer for vehicle control, handling, and safety in adverse conditions. It serves original equipment manufacturer, delivery and logistic fleets, dealers, e-commerce retailers, new mobility players, MaaS providers, and autonomous drive companies. The company is headquartered in Herzliya, Israel.

REE Price History

REE Stock News Headlines

"This Could be the Biggest Stock Story of 2023"
A.I. is set to create $7 trillion in new wealth but most investors are buying the wrong stocks. Learn what Wall Street insiders are buying here.
D.A. Davidson Sticks to Its Buy Rating for REE Automotive (REE)
Ree turns a corner with everything-by-wire technology
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
Q2 2023 REE Automotive Ltd Earnings Call
REE Automotive Q2 2023 Earnings Preview
REE Automotive Ltd. (REE)
REE - REE Automotive Ltd.
Carlton Rose Joins REE Automotive Board of Directors
REE Automotive (NASDAQ: REE)
See More Headlines
Receive REE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for REE Automotive and its competitors with MarketBeat's FREE daily newsletter.

REE Company Calendar

Last Earnings
8/29/2023
Today
9/24/2023
Next Earnings (Estimated)
11/15/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Current Symbol
NASDAQ:REE
Fax
N/A
Employees
291
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.63
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$1.00
Forecasted Upside/Downside
+2,295.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-107,420,000.00
Pretax Margin
-12,214.21%

Debt

Sales & Book Value

Annual Sales
$10,000.00
Book Value
$0.54 per share

Miscellaneous

Free Float
310,917,000
Market Cap
$50.04 million
Optionable
Optionable
Beta
1.75
Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

  • Ms. Keren Shemesh (Age 48)
    Chief Marketing Officer
    Comp: $412.63k
  • Ms. Limor Raz (Age 43)
    Chief People Officer
    Comp: $419.93k
  • Ms. Tali Miller (Age 47)
    Chief Bus. Officer
    Comp: $600.38k
  • Mr. Daniel Barel (Age 43)
    Co-Founder, CEO & Director
  • Mr. Ahishay Sardes (Age 42)
    Co-Founder, CTO & Director
  • Mr. Yaron Zaltsman (Age 49)
    Chief Financial Officer
  • Mr. Joshua Tech (Age 44)
    Chief Operations Officer
  • Mr. Kamal Hamid (Age 62)
    VP of Investor Relations
  • Ms. Avital Futterman (Age 39)
    Gen. Counsel & Corp. Sec.
  • Mr. Michael John Charlton (Age 65)
    Strategic Advisor













REE Stock - Frequently Asked Questions

Should I buy or sell REE Automotive stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for REE Automotive in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" REE shares.
View REE analyst ratings
or view top-rated stocks.

What is REE Automotive's stock price forecast for 2023?

4 brokerages have issued 12-month price targets for REE Automotive's shares. Their REE share price forecasts range from $1.00 to $6.00. On average, they predict the company's stock price to reach $3.63 in the next twelve months. This suggests a possible upside of 2,295.9% from the stock's current price.
View analysts price targets for REE
or view top-rated stocks among Wall Street analysts.

How have REE shares performed in 2023?

REE Automotive's stock was trading at $0.3887 at the start of the year. Since then, REE shares have decreased by 61.1% and is now trading at $0.1513.
View the best growth stocks for 2023 here
.

Are investors shorting REE Automotive?

REE Automotive saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 517,400 shares, a decrease of 19.9% from the August 15th total of 645,600 shares. Based on an average daily volume of 696,900 shares, the days-to-cover ratio is presently 0.7 days.
View REE Automotive's Short Interest
.

When is REE Automotive's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023.
View our REE earnings forecast
.

How were REE Automotive's earnings last quarter?

REE Automotive Ltd. (NASDAQ:REE) released its quarterly earnings data on Tuesday, August, 29th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.01. The company earned $0.94 million during the quarter. During the same period in the prior year, the company earned ($0.10) earnings per share.

What is REE Automotive's stock symbol?

REE Automotive trades on the NASDAQ under the ticker symbol "REE."

Who are REE Automotive's major shareholders?

REE Automotive's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (0.39%), United Asset Strategies Inc. (0.12%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include David Weisburd and Hans Thomas.
View institutional ownership trends
.

How do I buy shares of REE Automotive?

Shares of REE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is REE Automotive's stock price today?

One share of REE stock can currently be purchased for approximately $0.15.

How much money does REE Automotive make?

REE Automotive (NASDAQ:REE) has a market capitalization of $50.04 million and generates $10,000.00 in revenue each year. The company earns $-107,420,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis.

How many employees does REE Automotive have?

The company employs 291 workers across the globe.

How can I contact REE Automotive?

REE Automotive's mailing address is 1 WORLD TRADE CENTER 85TH FLOOR, NEW YORK NY, 10007. The official website for the company is www.10xcapital.com. The company can be reached via phone at 972-77-899-5200 or via email at investors@ree.auto.

This page (NASDAQ:REE) was last updated on 9/24/2023 by MarketBeat.com Staff

My Account -