REE Automotive Ltd. (REE)

NASDAQ: REE · IEX Real-Time Price · USD
0.750
-0.310 (-29.24%)
At close: Sep 23, 2022 4:00 PM
0.815
+0.065 (8.612%)
After-hours: Sep 23, 2022 7:59 PM EDT
-29.24%
Market Cap 180.45M
Revenue (ttm) n/a
Net Income (ttm) -508.27M
Shares Out 240.57M
EPS (ttm) -1.99
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 13,889,324
Open 1.000
Previous Close 1.060
Day's Range 0.728 - 1.000
52-Week Range 0.728 - 7.490
Beta n/a
Analysts Buy
Price Target 4.59 (+511.9%)
Earnings Date Aug 16, 2022

About REE

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. [Read more...]

Industry Recreational Vehicles
Founded 2011
Employees 270
Stock Exchange NASDAQ
Ticker Symbol REE
Full Company Profile

Financial Performance

In 2021, REE Automotive's revenue was $6,000, a decrease of -98.45% compared to the previous year's $388,000. Losses were -$505.33 million, 646.3% more than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for REE stock is "Buy." The 12-month stock price forecast is 4.59, which is an increase of 511.92% from the latest price.

Price Target
$4.59
(511.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

REE Automotive Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to Warrants

TEL AVIV, Israel, Sept. 23, 2022 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, announce...

23 hours ago - GlobeNewsWire

Why Faraday Future Tanked but Hyzon Motors and Ree Automotive Soared This Week

The Inflation Reduction Act isn't going to be a panacea for all EV companies.

Other symbols: FFIEHYZN
4 weeks ago - The Motley Fool

REE Automotive Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

TEL AVIV, Israel, Aug. 25, 2022 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, today ann...

4 weeks ago - GlobeNewsWire

Billionaire Israel Englander Is Betting on These 3 EV Stocks

It's impossible for investors not to pay attention to the booming electric vehicle (EV) sector. The fast-growing market has grown significantly since last year.

Other symbols: BEEMSOLO
1 month ago - InvestorPlace

REE Automotive Announces Second Quarter 2022 Financial Results

Strong customer feedback on Proxima Powered by REE and P7-B following fleet evaluations Company expects orders for multiple test fleets Strong customer feedback on Proxima Powered by REE and P7-B follow...

1 month ago - GlobeNewsWire

REE Automotive ($REE) Debuts P7-B Electric Class 3 Box Truck; On Track For 2023 Production

REE Automotive ($REE) has debuted its new P7-B, a class 3 box truck built on a P7 cab chassis. The new vehicle is part of a fleet of vehicles available to prospective customers to evaluate, test, and ex...

1 month ago - Green Stock News

REE Automotive, Ltd. Announces Date for Second Quarter 2022 Earnings Release and Conference Call

TEL-AVIV, Israel, Aug. 03, 2022 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle platforms, announced tod...

1 month ago - GlobeNewsWire

REE Automotive Shares Details for Virtual Investor Event

YPSILANTI, Mich., July 26, 2022 (GLOBE NEWSWIRE) -- REE Automotive (NASDAQ: REE) will host an investor event on July 28, live-streamed from the American Center for Mobility in Ypsilanti, Mich., to provi...

1 month ago - GlobeNewsWire

Morgan Olson, EAVX and REE Automotive host customer evaluations for Proxima Powered by REE, a newly-designed electric...

ANN ARBOR, Mich., July 25, 2022 (GLOBE NEWSWIRE) -- EAVX, Morgan Olson and REE Automotive (Nasdaq: REE) are hosting the first live demonstrations and customer evaluations this week of Proxima Powered by...

1 month ago - GlobeNewsWire

Morgan Olson, EAVX unveil all-new Class 5 walk-in step van body

ANN ARBOR, Mich.--(BUSINESS WIRE)--EAVX and Morgan Olson, both subsidiaries of JB Poindexter & Co (JBPCO), today are revealing first images and additional details of its new Class 5 walk-in step van bod...

2 months ago - Business Wire

REE to Host Investor Event to Introduce New Electric Walk-In Van with EAVX

Investors and analysts to experience REE P7 electric chassis on EAVX and Morgan Olson walk-in step van design Investors and analysts to experience REE P7 electric chassis on EAVX and Morgan Olson walk-i...

2 months ago - GlobeNewsWire

REE Automotive to hold customer tests of electric van in Detroit

REE Automotive, which develops rolling chassis for commercial electric vehicles (EVs), said on Tuesday that it will start customer tests of its electric walk-in van in Detroit this summer to take orders...

4 months ago - Reuters

REE Automotive Announces First Quarter 2022 Financial Results

Business plan on track towards firm orders and start of production

4 months ago - GlobeNewsWire

EAVX and REE Automotive to Begin Customer Evaluations of New Electric Walk-In Van

ANN ARBOR, Mich., May 17, 2022 (GLOBE NEWSWIRE) -- EAVX, a subsidiary of JB Poindexter & Co (JBPCO), and REE Automotive (NASDAQ: REE), an automotive technology leader and provider of electric vehicle pl...

4 months ago - GlobeNewsWire

REE Stock Pops 8% on Plans to Build Electric Vehicle Facility in U.K.

Today, investors in REE stock have a lot to like about a big announcement surrounding a new automated production facility in the U.K. The post REE Stock Pops 8% on Plans to Build Electric Vehicle Facili...

4 months ago - InvestorPlace

REE Announces Further Progress Towards Commercial Production Capabilities

NUNEATON, United Kingdom, May 16, 2022 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE), an automotive technology company and provider of electric vehicle (EV) platforms, announced today progress t...

4 months ago - GlobeNewsWire

REE Automotive, Ltd. Announces Date for First Quarter 2022 Earnings Release and Conference Call

TEL AVIV, Israel, April 28, 2022 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle platforms, announced to...

4 months ago - GlobeNewsWire

7 F-Rated Penny Stocks Not Worth the Gamble

It's a new market, and not every bargain is an opportunity to jump in. The post 7 F-Rated Penny Stocks Not Worth the Gamble appeared first on InvestorPlace.

Other symbols: BBLNHIPOINOORCQRTEA
4 months ago - InvestorPlace

Ree Automotive Appoints Josh Tech as Chief Operations Officer

Former Tesla leader brings operational and new product introduction manufacturing expertise from automotive and technology industries as REE opens global integration centers and readies for commercial p...

5 months ago - GlobeNewsWire

REE Automotive Ltd. Files Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2021

TEL AVIV, Israel, March 28, 2022 (GLOBE NEWSWIRE) -- REE Automotive (“REE”) (Nasdaq: REE), an automotive technology leader and provider of electric vehicle (EV) platforms, today announced that it has fi...

5 months ago - GlobeNewsWire

Wells Fargo Sees 54% Downside In REE Automotive - Read Why

Wells Fargo analyst Lawrence Biegelsen initiated coverage of REE Automotive Ltd (NASDAQ: REE) with an Underweight rating and $1 price target, implying a 54.55% downside. Biegelsen said the total fetchab...

5 months ago - Benzinga

REE Automotive Announces Fourth Quarter 2021 Financial Results

Business plan on track towards firm orders and start of production

6 months ago - GlobeNewsWire

REE Automotive, Ltd. Announces Date for Fourth Quarter 2021 Financial Results Release and Conference Call

TEL AVIV, Israel, Feb. 18, 2022 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle platforms, announced tod...

7 months ago - GlobeNewsWire

REE Automotive to Showcase P7 Platform for the First Time at Work Truck Week 2022

INDIANAPOLIS, Feb. 17, 2022 (GLOBE NEWSWIRE) -- WHAT: REE Automotive (NASDAQ: REE) will exhibit at Work Truck Week 2022, North America's largest work truck event presented by NTEA, the Association for t...

7 months ago - GlobeNewsWire

REE Automotive to Participate in Leading Investor Conferences in Q1 2022

REE co-founder & CEO Daniel Barel will talk about how REE's technology, modular platforms, and business model can accelerate electrification for fleets during fireside chats, 1-on-1 and small group meet...

7 months ago - GlobeNewsWire