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REE Automotive Shareholders Approve All AGM Proposals as COO Plans February 2026 Departure

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REE Automotive Shareholders Approve All AGM Proposals as COO Plans February 2026 Departure

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An announcement from REE Automotive ( (REE) ) is now available.

On January 22, 2026, REE Automotive Ltd. held its Annual General Meeting of Shareholders at its headquarters in Kibbutz Glil-Yam, Israel, where investors approved all agenda items by the required majorities under Israeli Companies Law and the company’s Articles of Association, reinforcing the existing governance and strategic framework. In a concurrent leadership development disclosed in the same filing dated January 29, 2026, the company announced that Chief Operating Officer Joshua Tech will leave REE in February 2026 after nearly four years in the role, with the company emphasizing that his resignation is not tied to any disagreement over operations, policies, or practices and expressing appreciation for his role in advancing multiple strategic initiatives, a change that could mark a notable transition point in its operational leadership as it executes its long-term plans.

The most recent analyst rating on (REE) stock is a Sell with a $0.63 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 Underperform.

REE Automotive’s overall stock score is heavily impacted by its poor financial performance, characterized by declining revenues, negative margins, and high leverage. The technical analysis indicates a bearish trend, and the valuation is unattractive due to negative earnings and no dividend yield. These factors collectively suggest significant risks and challenges for the company.

To see Spark’s full report on REE stock, click here.

More about REE Automotive

REE Automotive Ltd. is an Israel-based automotive technology company that operates as a foreign private issuer listed in the United States. The company focuses on developing and commercializing advanced vehicle platforms and related systems for the automotive and mobility sectors, leveraging its engineering and operational capabilities from its headquarters at Kibbutz Glil-Yam, Israel.

Average Trading Volume: 121,663

Technical Sentiment Signal: Sell

Current Market Cap: $20.78M

For a thorough assessment of REE stock, go to TipRanks’ Stock Analysis page.

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