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 30.28% from the current stock price of 7.10.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$4.00	$9.25	$14	$15
Change	-43.66%	+30.28%	+97.18%	+111.27%

* 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '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
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $15	Strong Buy	Reiterates	$15	+111.27%	Sep 27, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $15	Strong Buy	Reiterates	$15	+111.27%	May 31, 2024
Craig Irwin Roth MKM	Roth MKM	Strong Buy Initiates $14	Strong Buy	Initiates	$14	+97.18%	May 17, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $15	Strong Buy	Reiterates	$15	+111.27%	Mar 28, 2024
Colin Langan Wells Fargo	Wells Fargo	Sell Maintains $4.5 → $4	Sell	Maintains	$4.5 → $4	-43.66%	Mar 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

276.06K

from 1.61M

-82.83%

from 1.61M

Revenue Next Year

140.02M

from 276.06K

50,620.25%

from 276.06K

EPS This Year

-4.31

from -11.32

EPS Next Year

-2.28

from -4.31

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	681.00K	388.00K	6.00K	-	1.61M	276.06K	140.02M	558.65M
Revenue Growth	37.02%	-43.02%	-98.45%	-	-	-82.83%	50,620.25%	298.98%
EPS	-3.00	-13.03	-64.34	-10.98	-11.32	-4.31	-2.28	-0.14
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	5	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
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
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.