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Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
NASDAQ:REE

REE Automotive - REE Stock Forecast, Price & News

$0.55
+0.05 (+10.10%)
(As of 02/2/2023 12:00 AM ET)
Add
Compare
Today's Range
$0.49
$0.55
50-Day Range
$0.30
$0.61
52-Week Range
$0.29
$3.87
Volume
851,806 shs
Average Volume
661,364 shs
Market Capitalization
$176.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.75

REE Automotive MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
588.1% Upside
$3.75 Price Target
Short Interest
Healthy
0.39% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.44mentions of REE Automotive in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.46) to ($0.76) Per Share

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 stars

Auto/Tires/Trucks Sector

54th out of 97 stocks

Motor Vehicles & Car Bodies Industry

17th out of 30 stocks

REE stock logo

About REE Automotive (NASDAQ:REE) Stock

REE 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.

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REE Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks 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.
REE Automotive: Good Execution But Headwinds Abound
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks 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.
4REE : Recap: REE Automotive Q2 Earnings
See More Headlines
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REE Company Calendar

Last Earnings
11/16/2022
Today
2/02/2023
Next Earnings (Estimated)
3/02/2023
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
270
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$-505,330,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$10,000.00
Price / Sales
17,657.40
Book Value
$0.79 per share

Miscellaneous

Free Float
304,550,000
Market Cap
$176.57 million
Optionable
Optionable
Beta
1.77

Key Executives

  • Mr. Daniel Barel (Age 43)
    Co-Founder, CEO & Director
  • Mr. Ahishay Sardes (Age 42)
    Co-Founder, CTO & Director
  • Mr. David Goldberg
    Chief Financial Officer
  • Mr. Josh Tech
    Chief Operations Officer
  • Ms. Limor Gruber
    VP of Investor Relations
  • Ms. Avital Futterman
    Gen. Counsel & Corp. Sec.
  • Caroline Hutcheson
    Head of Global Communications
  • Ms. Keren Shemesh (Age 48)
    Chief Marketing Officer
  • Mr. Michael John Charlton (Age 65)
    Strategic Advisor
  • Ms. Tali Miller (Age 47)
    Chief Bus. Officer













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