NASDAQ:REE REE Automotive - REE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding REE Automotive Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. $0.55 +0.05 (+10.10%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$0.49▼$0.5550-Day Range$0.30▼$0.6152-Week Range$0.29▼$3.87Volume851,806 shsAverage Volume661,364 shsMarket Capitalization$176.57 millionP/E RatioN/ADividend YieldN/APrice Target$3.75 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media REE Automotive MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside588.1% Upside$3.75 Price TargetShort InterestHealthy0.39% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.44Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.46) to ($0.76) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.00 out of 5 starsAuto/Tires/Trucks Sector54th out of 97 stocksMotor Vehicles & Car Bodies Industry17th out of 30 stocks 3.1 Analyst's Opinion Consensus RatingREE Automotive has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 3 buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.75, REE Automotive has a forecasted upside of 588.1% from its current price of $0.55.Amount of Analyst CoverageREE Automotive has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.39% of the outstanding shares of REE Automotive have been sold short.Short Interest Ratio / Days to CoverREE Automotive has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in REE Automotive has recently decreased by 37.75%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldREE Automotive does not currently pay a dividend.Dividend GrowthREE Automotive does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for REE. Previous Next 2.5 News and Social Media Coverage News SentimentREE Automotive has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 3 news articles for REE Automotive this week, compared to 1 article on an average week.Search Interest7 people have searched for REE on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added REE Automotive to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, REE Automotive insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.00% of the stock of REE Automotive is held by insiders.Percentage Held by InstitutionsOnly 23.53% of the stock of REE Automotive is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for REE Automotive are expected to decrease in the coming year, from ($0.46) to ($0.76) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of REE Automotive is -1.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of REE Automotive is -1.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioREE Automotive has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About REE Automotive (NASDAQ:REE) StockREE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.Read More 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. Email Address REE Stock News HeadlinesFebruary 3, 2023 | americanbankingnews.comAnalysts Set REE Automotive Ltd. (NASDAQ:REE) Target Price at $3.30January 30, 2023 | americanbankingnews.comREE Automotive (NASDAQ:REE) vs. Volcon (NASDAQ:VLCN) Head to Head SurveyFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 26, 2023 | finanznachrichten.deMicrovast Holdings, Inc.: REE Automotive Names Microvast as Battery Pack Supplier for Its Commercial EV PlatformsJanuary 26, 2023 | marketwatch.comGlobal EV Platform Market Size Growth Rate Analysis 2023 by Market Dynamics, Industrial Trends, Data Triangulation and Forecast to 2028January 16, 2023 | seekingalpha.comREE Automotive: Good Execution But Headwinds AboundJanuary 5, 2023 | marketwatch.comGlobal EV Skateboard Platform Market Size 2023 Research Report by Segment, Corporation Information, Recent Developments and Forecast to 2028December 24, 2022 | finance.yahoo.comREE Automotive Ltd. (REE) Stock Historical Prices & Data - Yahoo FinanceFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 12, 2022 | msn.comEV stocks: Rivian leads the charge in pulling back on ambitious plans for 2023November 16, 2022 | seekingalpha.comREE Automotive Ltd. (REE) Q3 2022 Earnings Call TranscriptNovember 16, 2022 | finanznachrichten.deREE Automotive Ltd.: REE Automotive Announces Third Quarter 2022 Financial ResultsNovember 16, 2022 | finance.yahoo.comREE Automotive Announces Third Quarter 2022 Financial ResultsNovember 16, 2022 | finance.yahoo.comREE Automotive Shares Gain After Q3 Results; Has Sufficient Liquidity For Initial Production Of P7 PlatformNovember 15, 2022 | nasdaq.comHere's Why Investors Should Hold American Axle (AXL) Stock NowNovember 10, 2022 | finance.yahoo.comREE Automotive Ltd. Updates That It Has Received Nasdaq Notification Regarding Minimum Bid Price RequirementNovember 2, 2022 | finance.yahoo.comREE Automotive, Ltd. Announces Date for Third Quarter 2022 Earnings Release and Conference CallOctober 29, 2022 | bizjournals.comElon Musk now leads Central Texas' biggest manufacturing force — what's next for Tesla in Austin?October 13, 2022 | finance.yahoo.comWith 48% ownership, REE Automotive Ltd. (NASDAQ:REE) has piqued the interest of institutional investorsSeptember 23, 2022 | finance.yahoo.comREE Automotive Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to WarrantsAugust 31, 2022 | finance.yahoo.comWe're Keeping An Eye On REE Automotive's (NASDAQ:REE) Cash Burn RateAugust 25, 2022 | finance.yahoo.comREE Automotive Announces Commencement of Exchange Offer and Consent Solicitation Relating to WarrantsAugust 18, 2022 | seekingalpha.comAmerican Axle Looking Underappreciated Today, But The Uncertain Future Is A Major OverhangAugust 16, 2022 | msn.com4REE : Recap: REE Automotive Q2 EarningsAugust 16, 2022 | seekingalpha.comREE Automotive lightens loss, reiterates full-year guideAugust 16, 2022 | seekingalpha.comREE Automotive Ltd. (REE) CEO Daniel Barel on Q2 2022 Results - Earnings Call TranscriptAugust 16, 2022 | finance.yahoo.comREE Automotive Announces Second Quarter 2022 Financial ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address REE Company Calendar Last Earnings11/16/2022Today2/02/2023Next Earnings (Estimated)3/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Motor vehicles & car bodies Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:REE CUSIPN/A CIK1843588 Webwww.10xcapital.com Phone972-77-899-5200FaxN/AEmployees270Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.75 High Stock Price Forecast$6.00 Low Stock Price Forecast$1.00 Forecasted Upside/Downside+588.1%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-505,330,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-61.76% Return on Assets-52.44% Debt Debt-to-Equity RatioN/A Current Ratio7.78 Quick Ratio7.78 Sales & Book Value Annual Sales$10,000.00 Price / Sales17,657.40 Cash FlowN/A Price / Cash FlowN/A Book Value$0.79 per share Price / Book0.69Miscellaneous Outstanding Shares323,989,000Free Float304,550,000Market Cap$176.57 million OptionableOptionable Beta1.77 Key ExecutivesMr. Daniel Barel (Age 43)Co-Founder, CEO & Director Mr. Ahishay Sardes (Age 42)Co-Founder, CTO & Director Mr. David GoldbergChief Financial OfficerMr. Josh TechChief Operations OfficerMs. Limor GruberVP of Investor RelationsMs. Avital FuttermanGen. Counsel & Corp. Sec.Caroline HutchesonHead of Global CommunicationsMs. Keren Shemesh (Age 48)Chief Marketing Officer Mr. Michael John Charlton (Age 65)Strategic Advisor Ms. Tali Miller (Age 47)Chief Bus. Officer More ExecutivesKey CompetitorsElectrameccanica VehiclesNASDAQ:SOLOCenntro Electric GroupNASDAQ:CENNLightning eMotorsNYSE:ZEVVolconNASDAQ:VLCNLordstown MotorsNASDAQ:RIDEView All CompetitorsInsiders & InstitutionsSimplex Trading LLCSold 1,200 shares on 2/2/2023Ownership: 0.000%Nordwand Advisors LLCBought 179,580 shares on 1/27/2023Ownership: 0.055%Jane Street Group LLCBought 650,698 shares on 11/16/2022Ownership: 0.223%Balyasny Asset Management LLCBought 316,908 shares on 11/16/2022Ownership: 0.098%Citadel Advisors LLCSold 1,100 shares on 11/15/2022Ownership: 0.000%View All Institutional Transactions REE Stock - Frequently Asked Questions Should I buy or sell REE Automotive stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for REE Automotive in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" REE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in REE, but not buy additional shares or sell existing shares. View REE analyst ratings or view top-rated stocks. What is REE Automotive's stock price forecast for 2023? 6 brokerages have issued twelve-month price objectives for REE Automotive's stock. Their REE share price forecasts range from $1.00 to $6.00. On average, they anticipate the company's stock price to reach $3.75 in the next twelve months. This suggests a possible upside of 588.1% 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 increased by 40.2% and is now trading at $0.5450. 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 January. As of January 15th, there was short interest totaling 1,270,000 shares, a decrease of 37.7% from the December 31st total of 2,040,000 shares. Based on an average daily trading volume, of 804,000 shares, the days-to-cover ratio is presently 1.6 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 Thursday, March 2nd 2023. View our REE earnings forecast. How were REE Automotive's earnings last quarter? REE Automotive Ltd. (NASDAQ:REE) announced its quarterly earnings results on Wednesday, November, 16th. The company reported ($0.11) earnings per share for the quarter. 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 number of retail and institutional investors. Top institutional shareholders include Nordwand Advisors LLC (0.06%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (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 $0.55. How much money does REE Automotive make? REE Automotive (NASDAQ:REE) has a market capitalization of $176.57 million and generates $10,000.00 in revenue each year. The company earns $-505,330,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis. How many employees does REE Automotive have? The company employs 270 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 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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