Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
REE Automotive ( (REE) ) has provided an announcement.
On June 9, 2025, REE Automotive announced significant cost reduction measures aimed at decreasing operating costs by 55% to approximately $2.7 million per month by the end of the year. This initiative includes a 50% reduction in workforce and a pause in production, intending to extend the company’s financial runway beyond 12 months. The restructuring is designed to streamline operations and focus on licensing their SDV technology, enhancing long-term stability and operational efficiency. These changes are expected to position REE for sustainable growth despite challenging global economic conditions.
The most recent analyst rating on (REE) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on REE Automotive stock, see the REE Stock Forecast page.
Spark’s Take on REE Stock
According to Spark, TipRanks’ AI Analyst, REE is a Neutral.
The overall stock score for REE Automotive is challenged primarily by its financial performance, reflecting ongoing losses and cash flow difficulties. However, positives from the earnings call, like increased reservation value and production commencement, provide some optimism. Technical analysis shows mixed signals, while valuation remains unattractive due to a negative P/E ratio.
To see Spark’s full report on REE stock, click here.
More about REE Automotive
REE Automotive is an automotive technology company that specializes in developing software-defined vehicle (SDV) technology. Their innovative solutions manage vehicle operations through proprietary software, enhancing vehicle performance, safety, and modularity. REE’s technology is designed to be future-proof and autonomous-capable, allowing OEMs and technology companies to license their technology for custom vehicle designs.
Average Trading Volume: 351,134
Technical Sentiment Signal: Sell
Current Market Cap: $24.2M
For detailed information about REE stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue