REE Automotive Ltd. (REE)
Market Cap | 171.06M |
Revenue (ttm) | 626,000 |
Net Income (ttm) | -109.69M |
Shares Out | 18.61M |
EPS (ttm) | -8.93 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 67,354 |
Open | 8.78 |
Previous Close | 9.10 |
Day's Range | 8.61 - 9.43 |
52-Week Range | 2.91 - 11.72 |
Beta | 3.03 |
Analysts | Buy |
Price Target | 11.00 (+19.7%) |
Earnings Date | Dec 17, 2024 |
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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for REE stock is "Buy." The 12-month stock price forecast is $11.0, which is an increase of 19.70% from the latest price.
News
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...
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...
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...
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...
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...
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)...
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 ...
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 ...
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...
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...
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.
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...
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...
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...
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...
REE Automotive's P7-C Electric Trucks and Platforms Approved for $30,000 Incentive Per Vehicle in Massachusetts
REE's class 4 software-driven commercial EV was approved for the Massachusetts MOR-EV truck incentive which, when combined with the federal credit, could total up to $70,000 in cost savings per vehicl...
REE Automotive Ltd (REE) Q4 2023 Earnings Call Transcript
REE Automotive Ltd (REE) Q4 2023 Earnings Call Transcript
REE Automotive Reports Fourth Quarter and Fiscal Year 2023 Financial Results
REE has accomplished the majority of its milestones as the first to commercialize full x-by-wire technology, setting the path for sustainable growth REE has accomplished the majority of its milestones...
Demand for REE Automotive Full By-Wire EVs Continues to Grow as Orderbook Value Surpasses $50 Million
- REE's authorized dealer network grows to 66 sales and service locations across the U.S. and Canada through 20 authorized dealers - New dealers include Macnab EV Sales Corp., Pacific Mobility Group a...
REE Automotive P7-C Receives CARB Certifications
• Powered by REE P7-C electric truck is eligible for sale in California • Certifications makes P7-C eligible for over $100,000 in state and federal incentives • Deliveries have commenced to REE's Auth...
REE Automotive Announces Date for Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call
TEL AVIV, Isreal, March 22, 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 platf...
REE Announces Closing of Public Offering of Ordinary Shares
- Raised $14.95 million in ordinary shares issued with minimal discount - Overallotment fully exercised - Multiple investors participated in the round, led by M&G, REE's largest investor TEL AVI...
REE Automotive selected by Airbus UpNext
TEL AVIV, Israel, March 05, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”) has been selected by Airbus UpNext, wholly-owned innovation subsidiary of Airbus SE (st...
REE Announces Pricing of Public Offering of Ordinary Shares
TEL AVIV, Israel, March 01, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), today announced the pricing of an underwritten public offering of 2,000,000 Class A ord...
REE Announces Proposed Public Offering of Ordinary Shares
TEL AVIV, Israel, Feb. 29, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), today announced that it has launched a public offering to offer and sell its Class A ord...