REE Automotive Ltd. (REE)

NASDAQ: REE · IEX Real-Time Price · USD
6.75
-1.24 (-15.52%)
At close: Mar 1, 2024, 4:00 PM
6.66
-0.09 (-1.33%)
After-hours: Mar 1, 2024, 5:23 PM EST
-15.52%
Market Cap 57.43M
Revenue (ttm) 943,000
Net Income (ttm) -115.54M
Shares Out 11.22M
EPS (ttm) -11.70
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 227,139
Open 6.16
Previous Close 7.99
Day's Range 6.02 - 7.08
52-Week Range 2.30 - 14.10
Beta 2.90
Analysts Buy
Price Target 7.08 (+4.89%)
Earnings Date Mar 14, 2024

About REE

REE Automotive Ltd. operates as an automotive technology company in Israel, the United Kingdom, the United States, Germany, and internationally. The company offers REEcorner integrates vehicle components comprising as steering, braking, suspension, powertrain, and control into single compact module between the chassis and the wheel, which is controlled by its electronic unit functions, which includes drive-by-wire, steer-by-wire, break-by-wire, DaaS, smart corners, and design for serviceability; and REEplatform, a modular electric vehicle platf... [Read more]

Founded 2011
Employees 291
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 "Buy." The 12-month stock price forecast is $7.08, which is an increase of 4.89% from the latest price.

Price Target
$7.08
(4.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 days ago - GlobeNewsWire

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...

3 days ago - GlobeNewsWire

REE Automotive to Showcase Two Configurations of P7-C Fully-by-Wire Electric Truck at Work Truck Week 2024

-   P7-C Chassis Cab will be on display to the public at REE's booth #1843 -   A full utility configuration of P7-C with Knapheide's KUV body will be on display on March 5 -   REE and Knapheide to hos...

5 days ago - GlobeNewsWire

REE Automotive ($REE) Debuts First of its Kind Vehicle Technology in United States

REE Automotive (NASDAQ: REE) has announced the first demo of its P7 electric chassis cab to the United States. The vehicle has undergone customization at Knapheide in Quincy, Illinois, a leading North...

10 days ago - Green Stock News

REE Completes U.S. Certification of Full-by-Wire Vehicles and Begins Customer Deliveries of its P7-C Electric Truck

TEL AVIV, Israel, Feb. 08, 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...

24 days ago - GlobeNewsWire

REE Ships P7-C Demo to FMI Truck Sales & Service; Franz Bakery, Bedmart, Indoor Billboard, PointS Tires and Kelly's Home Center Fleets Set to Begin Evaluation of P7-C Vehicle

COVENTRY, United Kingdom, Jan. 29, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks an...

4 weeks ago - GlobeNewsWire

Monarch Truck Center to Host Ride and Drive of REE's P7-C for Canteen, Stanford University, City of San Jose and Other Large Fleet Customers in the Bay Area

SAN FRANCISCO, Jan. 25, 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 platforms...

5 weeks ago - GlobeNewsWire

REE Completes U.S. Certification of Full-by-Wire Vehicles and Begins Customer Deliveries of its P7-C Electric Truck

REE's P7-C is the first full y by-wire truck to achieve U.S. FMVSS and EPA certification s Customer d eliveries of demonstration trucks has begun P7-C vehicles are eligible for US federal tax credit o...

5 weeks ago - GlobeNewsWire

REE Automotive Announces Third Quarter 2023 Financial Results

TEL AVIV, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced its ...

3 months ago - GlobeNewsWire

REE Automotive, Ltd. Announces Date for Third Quarter 2023 Earnings Release and Conference Call

TEL AVIV, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, an...

3 months ago - GlobeNewsWire

REE Automotive Regains Compliance with Nasdaq Minimum Bid Price Requirement

TEL AVIV, Israel, Nov. 01, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, today received a no...

4 months ago - GlobeNewsWire

REE Automotive Initial Order Book Value Jumps to Approximately $40 Million

• Company's initial order book value doubles since late August 2023 • Midwest Transit Equipment joins REE's Authorized Dealer Network and places binding order • Deliveries to Midwest Transit Equipment...

4 months ago - GlobeNewsWire

REE Automotive to Webcast CEO Fireside Chat on November 2, 2023

TEL AVIV, Israel, Oct. 19, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, today announced tha...

4 months ago - GlobeNewsWire

REE Automotive ($REE) Receives EPA Certification for P7-C Lineup of Electric Trucks

REE Automotive (Nasdaq: REE), an automotive technology company specializing in fully by-wire electric trucks and platforms, has obtained certification from the United States Environmental Protection A...

5 months ago - Green Stock News

REE Automotive Obtains EPA Certification for Its P7 Electric Truck Lineup

TEL AVIV, Israel, Oct. 11, 2023 (GLOBE NEWSWIRE) -- REE Automotive (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, has received United Stat...

5 months ago - GlobeNewsWire

REE Automotive Named to the 2024 FreightWaves FreightTech 100

TEL AVIV, Israel, Sept. 21, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, has been included i...

5 months ago - GlobeNewsWire

REE Confirms FMVSS Certification Feasibility of its X-by-Wire Systems Ahead of Q4 2023 Vehicle Certification

- Joint testing with HORIBA-MIRA confirms the feasibility of REE's x-by-wire vehicle control system to pass FMVSS certification requirements - REE intends to fully certify its Powered by REE P7 electr...

6 months ago - GlobeNewsWire

REE Automotive Announces Second Quarter 2023 Financial Results

TEL AVIV, Israel, Aug. 29, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced its ...

6 months ago - GlobeNewsWire

REE Automotive ($REE) Announces Strategic Partnership with Knapheide to Upfit P7-C Chassis Cabs

REE Automotive (Nasdaq: REE), a provider of comprehensive by-wire electric trucks, has announced a strategic collaboration with Knapheide for outfitting REE's P7-C chassis cabs to meet the diverse nee...

6 months ago - Green Stock News

REE Expands P7-C Product Offering with Knapheide Bodies and Upfit Solutions

TEL AVIV, Israel, Aug. 28, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it i...

6 months ago - GlobeNewsWire

REE Automotive, Ltd. Announces Date for Second Quarter 2023 Earnings Release and Conference Call

TEL AVIV, Israel, Aug. 15, 2023 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, an...

7 months ago - GlobeNewsWire

Top 5 Consumer Stocks That May Rocket Higher In August - REE Automotive (NASDAQ:REE), Funko (NASDAQ:FNKO)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: FNKOTRNRUHGWOOF
7 months ago - Benzinga

REE Automotive Announces First Quarter 2023 Financial Results

Continued growth in authorized dealer network and orders, on track for initial production and pilot deliveries by the end of 2023 Continued growth in authorized dealer network and orders, on track for...

10 months ago - GlobeNewsWire

REE Automotive, Ltd. Announces Date for First Quarter 2023 Earnings Release and Conference Call

TEL-AVIV, Israel, May 15, 2023 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, ann...

10 months ago - GlobeNewsWire

REE Automotive Unveils P7-C Chassis Cab, a New Addition to its P7 Electric Truck Lineup, on Track for Deliveries in Q4 2023, Dealer Network Expands

ANAHEIM, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of electric vehicle (EV) platforms, today revealed P7-C, a Class 4 ch...

10 months ago - GlobeNewsWire