REE Automotive Ltd. (REE)
NASDAQ: REE · Real-Time Price · USD
8.76
+0.05 (0.57%)
Jan 21, 2025, 4:00 PM EST - Market closed
REE Automotive Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for REE Automotive stock have an average target of 11, with a low estimate of 4.00 and a high estimate of 15. The average target predicts an increase of 25.57% from the current stock price of 8.76.
Analyst Consensus: Buy
* Price targets were last updated on Dec 23, 2024.
Analyst Ratings
The average analyst rating for REE Automotive stock from 3 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| 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 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 3 | 3 |
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 | +71.23% | Dec 23, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +71.23% | Sep 27, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +71.23% | May 31, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | +59.82% | May 17, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +71.23% | Mar 28, 2024 |
Financial Forecast
Revenue This Year
187.36K
from 1.61M
Decreased by -88.35%
Revenue Next Year
95.95M
from 187.36K
Increased by 51,110.27%
EPS This Year
-4.50
from -11.32
EPS Next Year
-2.63
from -4.50
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 210,000 | 183.8M | 708.8M | |||
| Avg | 187,355 | 95.9M | 497.1M | |||
| Low | 167,580 | 14.7M | 303.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -86.9% | 97,975.8% | 638.7% | |||
| Avg | -88.3% | 51,110.3% | 418.1% | |||
| Low | -89.6% | 7,741.3% | 216.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.63 | -2.07 | 1.21 |
| Avg | -4.50 | -2.63 | -0.23 |
| Low | -4.91 | -2.94 | -1.57 |
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.