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REE Automotive (REE)
NASDAQ:REE
REE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.66 - $11.72
Previous CloseN/A
Volume17.80K
Average Volume (3M)129.75K
Market Cap
$77.23M
Enterprise Value$59.26M
Total Cash (Recent Filing)$53.61M
Total Debt (Recent Filing)$38.66M
Price to Earnings (P/E)―
Beta3.31
Next Earnings
Apr 29, 2025EPS Estimate
-1.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-9.26
Shares Outstanding25,304,585
10 Day Avg. Volume326,506
30 Day Avg. Volume129,755
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)95.54
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.77
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-7.94
Enterprise Value/Ebitda-0.69
Forecast
1Y Price Target
$15.00Price Target Upside445.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
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REE Automotive News
PremiumCompany Announcements
REE Automotive Expands Funding with $9.4 Million Direct Offering
PremiumCompany Announcements
REE Automotive Announces $27 Million Direct Offering to Boost Operations
PremiumCompany Announcements
REE Automotive Enters Strategic MOU for Autonomous Vehicle Development
PremiumCompany Announcements
REE Automotive Expands Board and Approves Shareholder Proposals---
Bulls Say, Bears Say
Bulls Say
Market ExpansionThe combination of Motherson’s supply chain and distribution partnership, improved access to financing sources, and ramp in customer orders by 230% to $137M has transformed the outlook for the company.
Revenue Growth PotentialThe announcement highlighted that the parties intend to sign a definitive agreement by end of 2025, which could generate up to $770M in potential revenues by 2030.
Technological AdvancementsThe company highlighted that three new OEMs are considering REE corners, opening up an opportunity to license its full by-wire (XBW) technology across vehicle classes.
Bears Say
Capital RequirementsShould there be unexpected delays more capital may need to be raised before profitability is reached.
Financial ChallengesThe 3Q24 net loss was negatively impacted by a $14.4M warrant re-measurement charge.
Risk FactorsRisks include dilution risk, market adoption risk, technological risk, execution risk, partnership risk, regulatory risk, supply chain risk, competition risk, and uncertainty related to macroeconomic conditions.
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Ownership Overview
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Insiders
<0.01% Mutual Funds
19.16% Other Institutional Investors
80.84% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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REE FAQ
What was REE Automotive’s price range in the past 12 months?
REE Automotive lowest stock price was $2.66 and its highest was $11.72 in the past 12 months.
What is REE Automotive’s market cap?
REE Automotive’s market cap is $77.23M.
When is REE Automotive’s upcoming earnings report date?
REE Automotive’s upcoming earnings report date is Apr 29, 2025 which is in 29 days.
How were REE Automotive’s earnings last quarter?
REE Automotive released its earnings results on Dec 17, 2024. The company reported -$2.56 earnings per share for the quarter, missing the consensus estimate of -$0.992 by -$1.568.
Is REE Automotive overvalued?
According to Wall Street analysts REE Automotive’s price is currently Undervalued.
Does REE Automotive pay dividends?
REE Automotive does not currently pay dividends.
What is REE Automotive’s EPS estimate?
REE Automotive’s EPS estimate is -1.04.
How many shares outstanding does REE Automotive have?
REE Automotive has 25,304,585 shares outstanding.
What happened to REE Automotive’s price movement after its last earnings report?
REE Automotive reported an EPS of -$2.56 in its last earnings report, missing expectations of -$0.992. Following the earnings report the stock price went down -13.57%.
Which hedge fund is a major shareholder of REE Automotive?
Currently, no hedge funds are holding shares in REE
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REE Automotive Stock Smart Score
Company Description
REE Automotive
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 Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call for Q3 2024 highlighted significant achievements, including a substantial increase in reservation value and the commencement of P7 truck production. The company's improved liquidity and strong partnership with Motherson are positive developments. However, there were notable challenges, such as an increase in both GAAP and non-GAAP net losses. Overall, the sentiment is positive given the company's progress and strategic advancements.Read More>---
REE Stock 12 Month Forecast
Average Price Target
$15.00
▲(445.45% Upside)
Technical Analysis
Best Analysts Covering REE
1 Year
1 Year Success Rate
2/11 ratings generated profit
1 Year Average Return
-29.27%
reiterated a buy rating 10 months ago
Copying Michael Shlisky's trades and holding each position for 1 Year would result in 18.18% of your transactions generating a profit, with an average return of -29.27% per trade.
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