REE Automotive Ltd. (REE)

NASDAQ: REE · Real-Time Price · USD
2.500
+0.060 (2.46%)
Apr 17, 2025, 4:00 PM EDT - Market closed
2.46%
Market Cap 70.47M
Revenue (ttm) 626,000
Net Income (ttm) -109.69M
Shares Out 28.07M
EPS (ttm) -8.93
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 56,590
Open 2.440
Previous Close 2.440
Day's Range 2.420 - 2.500
52-Week Range 2.350 - 11.720
Beta 3.18
Analysts Strong Buy
Price Target 12.50 (+400.0%)
Earnings Date May 29, 2025

About REE

REE Automotive Ltd. operates as an automotive technology company in France, the United Kingdom, the United States, and internationally. The company offers REEcorner, a compact module that integrates critical vehicle drive components comprising as steering, braking, suspension, powertrain, and control between the chassis and the wheel; and REEplatform that allows for the addition of a modular and customizable top hat/cabin design based on customer specifications, without requiring modification to the platform. It also provides P7-S Strip Chassis... [Read more]

Industry Auto Parts
Founded 2011
Employees 244
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 "Strong Buy." The 12-month stock price forecast is $12.5, which is an increase of 400.00% from the latest price.

Price Target
$12.5
(400.00% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

REE Automotive Awarded Frost & Sullivan's 2025 Company of the Year in the North American Electric Medium-Duty Vehicle Platform Industry

Award recognizes REE's software-defined modular vehicle technology, which provides scalability and flexibility for OEMs and fleet operators Award recognizes REE's software-defined modular vehicle tech...

9 days ago - GlobeNewsWire

REE Automotive to Report Fourth-Quarter and Fiscal Year 2024 Financial Results on April 29, 2025

TEL AVIV, Israel, March 28, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops and builds software-defined electric vehicles, today announced it...

21 days ago - GlobeNewsWire

REE Automotive Announces Increase in Previously Announced Registered Direct Offering to $36.4 Million with Pricing of Additional $9.4 Million at Premium to Market, Led by Strategic Investor Motherson Group

Motherson Group and M&G Investment led the round and held their ownership stake in the company Pricing is in addition to the previously announced $27 million offering New capital further strengthens R...

23 days ago - GlobeNewsWire

REE Automotive Announces Pricing of $27 Million Registered Direct Offering of Ordinary Shares

Additional Proceeds Are invited into a Second Closing from Existing Strategic Investors Additional Proceeds Are invited into a Second Closing from Existing Strategic Investors

4 weeks ago - GlobeNewsWire

REE Automotive Signs MOU for Software-Defined Technology with One of The Leading Technology Companies, Paving the Way Toward Multi-Year, Large-Volume Autonomous Vehicles Framework Agreement

REE is intended to be the exclusive provider of software-defined vehicle technology to this leading tech company in multiple global markets Definitive long-term collaboration agreement expected in 202...

4 weeks ago - GlobeNewsWire

REE Automotive to Host Ride & Drive of P7-C Software Defined Electric Truck at NTEA Work Truck Week 2025

Work Truck Week attendees can get behind the wheel of the first U.S.-certified full-by-wire vehicle P7-C with a Wabash high floor box and lift gate will be on display at REE's booth #1843; P7-C with t...

7 weeks ago - GlobeNewsWire

REE Automotive Collaborates with Geotab to Provide Advanced Data Analytics to Fleets

REE's software defined vehicles (“SDV”) deliver more real-time data than traditional commercial solutions Geotab to gain access to REEai Cloud for advanced data analytics aimed to reduce total cost of...

2 months ago - GlobeNewsWire

Mission Mobile Medical and REE Automotive Collaborate to Transport Healthcare to Millions of Rural Americans

Mission Mobile , one of the world's largest mobile health compan ies, intends to build its new mobile healthcare fleet on REE's P7 electric truck s . New Powered by REE fleet will aim to expand Missio...

2 months ago - GlobeNewsWire

REE Automotive to Participate in Sidoti Micro-Cap Virtual Conference

CEO and co-founder Daniel Barel will host a company presentation at 8:30 a.m. ET on Thursday, January 23 and CFO Hai Aviv will meet one-on-one with potential investors CEO and co-founder Daniel Barel ...

3 months ago - GlobeNewsWire

REE Automotive to Participate in 27th Annual Needham Growth Conference

Company management will participate in 1-on-1 meetings with institutional, private equity, and venture capital investors Company management will participate in 1-on-1 meetings with institutional, priv...

3 months ago - GlobeNewsWire

REE Automotive Ltd. (REE) Q3 2024 Earnings Call Transcript

REE Automotive Ltd. (NASDAQ:REE) Q3 2024 Earnings Conference Call December 17, 2024 8:30 AM ET Company Participants Keren Shemesh - Chief Marketing Officer Daniel Barel - Chief Executive Officer Josh...

4 months ago - Seeking Alpha

REE Automotive Reports Q3 2024 Results: Reservations Surge by 230% as Production Begins and Liquidity Increases, Reaffirming BoM Breakeven Target for H2 2025

Demand for Powered by REE vehicles surges as reservations grow by 230% to $137 million* including reservations for production that extend beyond 2025. Significant progress toward integration of REEs s...

4 months ago - GlobeNewsWire

REE Automotive to Report Third Quarter 2024 Financial Results on December 17, 2024

TEL AVIV, Israel, Nov. 18, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it w...

5 months ago - GlobeNewsWire

REE Automotive Strengthens Executive Leadership Team and Board of Directors with Two Key Appointments

TEL AVIV, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platfo...

5 months ago - GlobeNewsWire

REE Automotive to Present at Two Prestigious Events in Detroit and Los Angeles

- CEO and Co-Founder Daniel Barel will speak on two panels at Reuters Automotive USA in Detroit October 21-23 alongside C-suite representatives from auto-heavyweights - Chief Operations Officer Josh T...

6 months ago - GlobeNewsWire

M&G INVESTMENT MANAGEMENT LTD Bolsters Stake in REE Automotive Ltd

On September 19, 2024, M&G INVESTMENT MANAGEMENT LTD, a prominent investment firm, executed a significant transaction by acquiring an additional 2,163,837 shares of REE Automotive Ltd (REE, Financial)...

6 months ago - GuruFocus

REE Automotive CEO on Earnings Beat, Outlook for E.V. Industry

Daniel Barel, CEO of REE Automotive (REE), talks about how the company "came off its best quarter ever." He talks about the ways REE is expanding its presence in the EV industry, and what still needs ...

7 months ago - Schwab Network

REE Automotive Ltd. (REE) Q2 2024 Earnings Call Transcript

REE Automotive Ltd. (NASDAQ:REE) Q2 2024 Post Earnings Conference Call September 26, 2024 5:00 PM ET Company Participants Keren Shemesh - Chief Marketing Officer Daniel Barel - CEO Josh Tech - Chief ...

7 months ago - Seeking Alpha

REE Automotive Provides Corporate and Business Updates and Reports Second Quarter 2024 Financial Results

Completed $45.35 million Registered Direct offering led by M&G and Motherson securing production capital needs Signed strategic agreement with Motherson, a global automotive supplier, to strengthen RE...

7 months ago - GlobeNewsWire

REE Automotive Kick-Off U.S. Production With Roush Industries as Contract Manufacturer

TEL AVIV, Israel, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Marking a significant milestone on its path to electrifying fleet vehicles across North America, REE Automotive Ltd. (Nasdaq: REE), an automotive t...

7 months ago - GlobeNewsWire

REE Automotive Announces Global Manufacturing Agreement with Leading Automotive Supplier Motherson Group Making Strategic Investment in a $45.35 Million Registered Direct Offering Led By M&G

Motherson is a global engineering and manufacturing specialist and one of the world's leading automotive suppliers. For FY24, it achieved gross revenue of USD 17.2 billion 1.

7 months ago - GlobeNewsWire

Over 50,000 Government and Education Entities Can Now Purchase REE's Software-Defined Electric Truck Through Sourcewell Contract

TEL AVIV, Israel, July 30, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that...

9 months ago - GlobeNewsWire

REE Automotive Ltd. (REE) Q1 2024 Earnings Call Transcript

REE Automotive Ltd. (NASDAQ:REE) Q1 2024 Results Conference Call May 30, 2024 8:30 AM ET Company Participants Brandon Friedman - Capital Markets Counsel Daniel Barel - Chief Executive Officer Yaron Z...

11 months ago - Seeking Alpha

REE Automotive Reports First Quarter 2024 Financial Results: Deliveries to Customers Have Begun Including to Penske, U-Haul and Airbus

Penske Truck Leasing begins to offer Powered by REE® Electric Vehicles to its customers U-Haul received Powered by REE electric platform and is evaluating it as the first solution to support the elect...

11 months ago - GlobeNewsWire

REE Automotive to Report First Quarter 2024 Financial Results on May 30, 2024

TEL AVIV, Israel, May 17, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platfor...

1 year ago - GlobeNewsWire