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REE Automotive Reports 2024 Financial Results Amid Production Pause

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REE Automotive Reports 2024 Financial Results Amid Production Pause

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REE Automotive ( (REE) ) just unveiled an update.

On May 15, 2025, REE Automotive announced its financial results for the fourth quarter and fiscal year 2024, highlighting a breakthrough year with the commercial realization of its software-defined vehicle technology. Despite positive momentum entering 2025, the company faces challenges due to macroeconomic changes, including U.S. tariffs impacting global supply chains, leading to a temporary pause in production plans and a focus on cost reduction. REE raised new equity capital in March 2025 to support its operations amid these challenges and is exploring less capital-intensive approaches like licensing and partnerships to deploy its technology. The company reported a narrowing free cash flow burn and a decrease in net losses year-over-year, but expressed concerns about its ability to continue as a going concern due to the current economic environment.

The most recent analyst rating on (REE) stock is a Buy with a $14.00 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 Ltd. is an automotive technology company based in Israel that specializes in developing software-defined vehicle technology and providing full by-wire electric trucks and platforms. The company focuses on empowering OEMs and technology companies with tools and intelligence to build smarter, safer, and more adaptable vehicles.

Average Trading Volume: 134,576

Technical Sentiment Signal: Sell

Current Market Cap: $105.2M

See more data about REE stock on TipRanks’ Stock Analysis page.

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