REE Automotive Ltd. (REE)

NASDAQ: REE · IEX Real-Time Price · USD
5.14
-0.07 (-1.34%)
At close: Dec 29, 2023, 4:00 PM
5.07
-0.07 (-1.36%)
After-hours: Dec 29, 2023, 5:48 PM EST
-1.34%
Market Cap 57.66M
Revenue (ttm) 943,000
Net Income (ttm) -115.54M
Shares Out 11.22M
EPS (ttm) -11.70
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 24,968
Open 5.12
Previous Close 5.21
Day's Range 4.91 - 5.28
52-Week Range 2.30 - 16.62
Beta 2.94
Analysts Buy
Price Target 7.08 (+37.74%)
Earnings Date Nov 30, 2023

About REE

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 platf... [Read more]

Founded 2011
Employees 291
Stock Exchange NASDAQ
Ticker Symbol REE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for REE stock is "Buy." The 12-month stock price forecast is $7.08, which is an increase of 37.74% from the latest price.

Price Target
$7.08
(37.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

REE Automotive Announces Third Quarter 2023 Financial Results

TEL AVIV, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced its ...

4 weeks ago - GlobeNewsWire

REE Automotive, Ltd. Announces Date for Third Quarter 2023 Earnings Release and Conference Call

TEL AVIV, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, an...

5 weeks ago - GlobeNewsWire

REE Automotive Regains Compliance with Nasdaq Minimum Bid Price Requirement

TEL AVIV, Israel, Nov. 01, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, today received a no...

2 months ago - GlobeNewsWire

REE Automotive Initial Order Book Value Jumps to Approximately $40 Million

• Company's initial order book value doubles since late August 2023 • Midwest Transit Equipment joins REE's Authorized Dealer Network and places binding order • Deliveries to Midwest Transit Equipment...

2 months ago - GlobeNewsWire

REE Automotive to Webcast CEO Fireside Chat on November 2, 2023

TEL AVIV, Israel, Oct. 19, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, today announced tha...

2 months ago - GlobeNewsWire

REE Automotive ($REE) Receives EPA Certification for P7-C Lineup of Electric Trucks

REE Automotive (Nasdaq: REE), an automotive technology company specializing in fully by-wire electric trucks and platforms, has obtained certification from the United States Environmental Protection A...

2 months ago - Green Stock News

REE Automotive Obtains EPA Certification for Its P7 Electric Truck Lineup

TEL AVIV, Israel, Oct. 11, 2023 (GLOBE NEWSWIRE) -- REE Automotive (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, has received United Stat...

2 months ago - GlobeNewsWire

REE Automotive Named to the 2024 FreightWaves FreightTech 100

TEL AVIV, Israel, Sept. 21, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, has been included i...

3 months ago - GlobeNewsWire

REE Confirms FMVSS Certification Feasibility of its X-by-Wire Systems Ahead of Q4 2023 Vehicle Certification

- Joint testing with HORIBA-MIRA confirms the feasibility of REE's x-by-wire vehicle control system to pass FMVSS certification requirements - REE intends to fully certify its Powered by REE P7 electr...

4 months ago - GlobeNewsWire

REE Automotive Announces Second Quarter 2023 Financial Results

TEL AVIV, Israel, Aug. 29, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced its ...

4 months ago - GlobeNewsWire

REE Automotive ($REE) Announces Strategic Partnership with Knapheide to Upfit P7-C Chassis Cabs

REE Automotive (Nasdaq: REE), a provider of comprehensive by-wire electric trucks, has announced a strategic collaboration with Knapheide for outfitting REE's P7-C chassis cabs to meet the diverse nee...

4 months ago - Green Stock News

REE Expands P7-C Product Offering with Knapheide Bodies and Upfit Solutions

TEL AVIV, Israel, Aug. 28, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it i...

4 months ago - GlobeNewsWire

REE Automotive, Ltd. Announces Date for Second Quarter 2023 Earnings Release and Conference Call

TEL AVIV, Israel, Aug. 15, 2023 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, an...

4 months ago - GlobeNewsWire

Top 5 Consumer Stocks That May Rocket Higher In August - REE Automotive (NASDAQ:REE), Funko (NASDAQ:FNKO)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: FNKOTRNRUHGWOOF
4 months ago - Benzinga

REE Automotive Announces First Quarter 2023 Financial Results

Continued growth in authorized dealer network and orders, on track for initial production and pilot deliveries by the end of 2023 Continued growth in authorized dealer network and orders, on track for...

7 months ago - GlobeNewsWire

REE Automotive, Ltd. Announces Date for First Quarter 2023 Earnings Release and Conference Call

TEL-AVIV, Israel, May 15, 2023 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, ann...

8 months ago - GlobeNewsWire

REE Automotive Unveils P7-C Chassis Cab, a New Addition to its P7 Electric Truck Lineup, on Track for Deliveries in Q4 2023, Dealer Network Expands

ANAHEIM, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of electric vehicle (EV) platforms, today revealed P7-C, a Class 4 ch...

8 months ago - GlobeNewsWire

REE Automotive Ltd. Files Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2022

TEL AVIV, Israel, March 28, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, today ...

9 months ago - GlobeNewsWire

REE Automotive Announces Fourth Quarter 2022 Financial Results

Strong order book growth; initial deliveries slated to begin in 4Q23 Strong order book growth; initial deliveries slated to begin in 4Q23

10 months ago - GlobeNewsWire

REE Automotive Appoints New Chief Financial Officer, Announces New Board Members to Position the Company for Continued Growth in 2023

TEL-AVIV, Israel, March 15, 2023 (GLOBE NEWSWIRE) -- GlobeNewswire – REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of electric vehicle (EV) platforms, today announce...

10 months ago - GlobeNewsWire

REE Automotive, Ltd. Announces Date for Fourth Quarter 2022 Earnings Release and Conference Call

TEL-AVIV, Israel, March 09, 2023 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, a...

10 months ago - GlobeNewsWire

REE Automotive Names Authorized Dealers for The United States

INDIANAPOLIS, March 09, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of electric vehicle (EV) platforms, today announced the names of the f...

10 months ago - GlobeNewsWire

REE Automotive Ltd. Announces Receipt of Notice of Deficiency from Nasdaq Resulting from Previously Announced Departure of Director

TEL-AVIV, Israel, Feb. 10, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and developer of electric vehicle platforms, announced ...

11 months ago - GlobeNewsWire

REE Automotive Names Microvast as Battery Pack Supplier for Its Commercial EV Platforms

HOUSTON--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, and REE Automotive, Ltd. (NASDAQ: RE...

Other symbols: MVST
1 year ago - Business Wire

REE Automotive Announces Third Quarter 2022 Financial Results

Commercialization phase underway with first orders; on track and on budget for start of production Commercialization phase underway with first orders; on track and on budget for start of production

1 year ago - GlobeNewsWire