REE Automotive Ltd. (REE)
NASDAQ: REE · Real-Time Price · USD
7.42
-0.07 (-0.87%)
Nov 5, 2024, 1:21 PM EST - Market open
REE Automotive Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for REE Automotive stock have an average target of 9.25, with a low estimate of 4.00 and a high estimate of 15. The average target predicts an increase of 24.75% from the current stock price of 7.42.
Analyst Consensus: Buy
* Price targets were last updated on Sep 27, 2024.
Analyst Ratings
The average analyst rating for REE Automotive stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +102.29% | Sep 27, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +102.29% | May 31, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | +88.81% | May 17, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +102.29% | Mar 28, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $4.5 → $4 | Sell | Maintains | $4.5 → $4 | -46.06% | Mar 28, 2024 |
Financial Forecast
Revenue This Year
276.06K
from 1.61M
Decreased by -82.83%
Revenue Next Year
140.02M
from 276.06K
Increased by 50,620.25%
EPS This Year
-4.31
from -11.32
EPS Next Year
-2.28
from -4.31
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 483,000 | 237.2M | 708.8M | ||
| Avg | 276,063 | 140.0M | 558.7M | ||
| Low | 156,800 | 14.7M | 303.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -70.0% | 85,822.3% | 406.2% | ||
| Avg | -82.8% | 50,620.3% | 299.0% | ||
| Low | -90.2% | 5,221.6% | 116.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.63 | -1.89 | 1.21 |
| Avg | -4.31 | -2.28 | -0.14 |
| Low | -4.80 | -2.94 | -1.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.