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REE Automotive Ltd. (REE)

NASDAQ: REE · IEX Real-Time Price · USD
4.08 -0.03 (-0.73%)
Oct 27, 2021 11:55 AM EDT - Market open
Market Cap1.24B
Revenue (ttm)177,000
Net Income (ttm)n/a
Shares Out218.20M
EPS (ttm)-0.41
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume201,924
Open4.12
Previous Close4.11
Day's Range4.08 - 4.18
52-Week Range3.80 - 16.66
Betan/a
Analystsn/a
Price Targetn/a
Earnings Daten/a

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.

IndustryRecreational Vehicles
Founded2011
Employees184
Stock ExchangeNASDAQ
Ticker SymbolREE
Full Company Profile

Financial Performance

In 2020, REE Automotive's revenue was $388,000, a decrease of -43.02% compared to the previous year's $681,000. Losses were -$67.71 million, 455.3% more than in 2019.

Financial Statements

News

REE Automotive Appoints Two New Board Members

TEL-AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. (NASDAQ: REE), a leader in e-mobility, announced today that it has expanded its Board of Directors, appointing two new independent members. The add...

1 day ago - Business Wire

REE Automotive and Hino Win European Product Design Award for Top Design for Society

TEL AVIV, Israel--(BUSINESS WIRE)--REE Automotive and Hino Win European Product Design Award for Top Design for Society

1 month ago - Business Wire

REE Automotive Can Surprise Investors With a Comeback

REE stock took a beating, but the low share price doesn't reflect future growth based on government funding and technology developments. The post REE Automotive Can Surprise Investors With a Comeback ap...

1 month ago - InvestorPlace

Part Shortages Make REE's Electric Vehicle Revolution Harder

If global parts and supply chain woes abate, REE stock could be a winner. If they don't, China could ramp up and control the EV market.

1 month ago - InvestorPlace

Frost & Sullivan Awards REE Automotive 2021 Global EV Platform

REE's EV platforms are designed to deliver significant operational & functional benefits and advance e-mobility LONDON, Sept. 9, 2021 /PRNewswire/ -- Based on its recent analysis of the global automotiv...

1 month ago - PRNewsWire

10X Capital Leadership Purchases Additional Shares In REE Automotive

NEW YORK--(BUSINESS WIRE)--10X Capital today announced that Hans Thomas, CEO, and David Weisburd, COO, each made filings with the SEC reporting the purchase of additional shares in REE Automotive (NASDA...

1 month ago - Business Wire

REE Automotive to Participate in Series of Investor Conferences

REE Co-Founder & CEO, Daniel Barel, to present vision and strategy for EV future REE Co-Founder & CEO, Daniel Barel, to present vision and strategy for EV future

1 month ago - GlobeNewsWire

Why This Electric Vehicle Stock Crashed 35% Today

The Israeli EV chassis platform maker said initial backers of its merger to go public could be selling their shares.

1 month ago - The Motley Fool

REE Stock: Why Is REE Automotive Plunging 30% Today?

REE Automotive's big F-1 filing news has sent shares of REE stock significantly lower today. Here's what investors should know.

1 month ago - InvestorPlace

REE Automotive Receives $17M Funding From UK Government

REE Automotive Ltd's (NASDAQ: REE) REEcorner technology was awarded $17 million in funding from the UK government. This funding is part of a $57 million investment coordinated through the Advanced Propu...

2 months ago - Benzinga

REE Automotive Awarded $17 USD Million Funding from the UK Government

TEL AVIV, Israel, Aug. 19, 2021 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: “REE”), an innovator in e-mobility which recently started to trade on Nasdaq, today announced that its REEcorner™ technol...

2 months ago - GlobeNewsWire

REE Automotive Announces Second Quarter 2021 Financial Results

TEL-AVIV, Israel, Aug. 17, 2021 (GLOBE NEWSWIRE) -- REE Automotive (NASDAQ: REE), a leader in e-Mobility, today announced its financial results for the second quarter of 2021. REE is focused on executin...

2 months ago - GlobeNewsWire

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

NEW YORK and TEL-AVIV, Israel, Aug. 10, 2021 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), a leader in e-mobility, announced today that the Company will release its se...

2 months ago - GlobeNewsWire

REE Automotive to Ring the Opening Bell at Nasdaq on July 27th

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--REE Automotive (Nasdaq: REE) (“REE” or “the Company”), a leader in e-mobility, today announced that the Company's management team will ring the opening bell...

3 months ago - Business Wire

Ree Automotive CEO on building the platform of the future of automotive

Ree Automotive co-founder and CEO Daniel Barel explained how the automotive technology company is working to be at "the basis of every vehicle that's going to be out there."

3 months ago - CNBC Television

REE Automotive Will Open its U.S. Headquarters and First Integration Center in Austin, Texas, as it Prepares for Prod...

TEL-AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. [NASDAQ: “REE”], a leader in e-Mobility, today announced that it will open its U.S. headquarters in Austin, Texas to address the growing U.S. marke...

3 months ago - Business Wire

REE and 10X Announce Closing of Business Combination

NEW YORK & TEL-AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. (“REE”), a leader in e-Mobility, today announced the completion of its merger with 10X Capital Venture Acquisition Corp (“10X”, Nasdaq: ...

3 months ago - Business Wire

REE Automotive Announces Strategic Collaboration with JB Poindexter & Co Business Unit, EAVX, to Develop Commercial E...

TEL-AVIV, Israel & HOUSTON--(BUSINESS WIRE)--REE Automotive (REE), a leader in e-Mobility, which is in the process of closing its merger with 10X Capital Venture Acquisition Corp. (NASDAQ: VCVC), today ...

3 months ago - Business Wire

Five Stocks That Could Become ‘The Next Tesla' … And One That Won't

Electric vehicles are hot right now, leaving investors to find which stock will be the next Tesla. Let's take a look at some that could be.

Other symbols:LEVNKLARIDE
3 months ago - InvestorPlace

REE Automotive Registration Statement Related to Business Combination With 10X Capital Venture Acquisition Corp. Decl...

NEW YORK & TEL-AVIV, Israel--(BUSINESS WIRE)--REE Automotive (“REE”), a leader in e-Mobility, today announced its Registration Statement on Form F-4 in connection with the previously announced business ...

3 months ago - Business Wire

REE Automotive to Present in Series of Investor Conferences in June

NEW YORK & TEL-AVIV, Israel--(BUSINESS WIRE)--REE Automotive (REE), a leader in e-Mobility, which is in the process of closing its merger with 10X Capital Venture Acquisition Corp. (NASDAQ: VCVC), today...

4 months ago - Business Wire

AAM and REE Automotive to Jointly Develop New Electric Propulsion System for e-Mobility

DETROIT and TEL AVIV, Israel, May 7, 2021 /PRNewswire/ -- American Axle & Manufacturing Inc. (AAM) [NYSE: AXL], a leading global Tier 1 automotive supplier of driveline and metal forming technologies, a...

Other symbols:AXL
5 months ago - PRNewsWire

Navya and REE Automotive announce that they have signed an agreement to develop a level 4 autonomous system including...

VILLEURBANNE, France, and TEL AVIV, Israel, April 19, 2021 /PRNewswire/ -- Navya (FR0013018041- Navya), a leading company in autonomous driving systems and REE Automotive ("REE"), a leader in e-Mobility...

6 months ago - PRNewsWire

REE Automotive Signs Strategic Collaboration Agreement with Magna

TEL AVIV, Israel, April 12, 2021 /PRNewswire/ -- REE Automotive Ltd (REE), an electric mobility (e-mobility) innovator which recently announced its merger with 10X Capital Venture Acquisition Corp. (NAS...

6 months ago - PRNewsWire

REE Unveils New REEcorners™ and EV Platforms Designed to Support the Broadest Range of Commercial Electric Vehicles

TEL AVIV, Israel, March 16, 2021 /PRNewswire/ -- REE Automotive (REE), an innovator in e-mobility, which recently announced its merger with 10X Capital Venture Acquisition Corp. (NASDAQ: VCVC), today re...

7 months ago - PRNewsWire