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 128.96% from the current stock price of 4.04.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$4.00	$9.25	$14	$15
Change	-0.99%	+128.96%	+246.53%	+271.29%

* Price targets were last updated on May 31, 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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	1	1	1	2	2	2
Buy	1	1	1	0	0	0
Hold	0	0	0	0	0	0
Sell	1	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	3	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	+271.29%	May 31, 2024
Craig Irwin Roth MKM	Roth MKM	Strong Buy Initiates $14	Strong Buy	Initiates	$14	+246.53%	May 17, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $15	Strong Buy	Reiterates	$15	+271.29%	Mar 28, 2024
Colin Langan Wells Fargo	Wells Fargo	Sell Maintains $4.5 → $4	Sell	Maintains	$4.5 → $4	-0.99%	Mar 28, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $15	Strong Buy	Initiates	$15	+271.29%	Dec 19, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

510.42M

from 1.61M

31,642.54%

from 1.61M

Revenue Next Year

12.19M

from 510.42M

-97.61%

from 510.42M

EPS This Year

-0.30

from -11.32

EPS Next Year

-6.75

from -0.30

Year	2019	2020	2021	2022	2023	2024	2024	2025	2025	2026	2026	2027	2027	2028	2028
Revenue	681.00K	388.00K	6.00K	-	1.61M	510.42M	12.19M	1.64B	211.07M	383.55M	698.77M	734.68M	559.19M	848.16M	272.20M
Revenue Growth	-	-43.02%	-98.45%	-	-	31,642.54%	-97.61%	13,382.04%	-87.16%	81.72%	82.18%	5.14%	-23.89%	51.68%	-67.91%
EPS	-3.00	-12.90	-64.34	-10.98	-11.32	-0.30	-6.75	-0.39	-4.78	-9.49	-0.07	-9.44	-	-	-
EPS Growth	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	5	3	5	2	4	2	3	2	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	16.6M	268.1M	840.0M	945.0M	283.0M
Avg	12.2M	211.1M	698.8M	559.2M	272.2M
Low	7.4M	171.5M	605.1M	203.2M	264.1M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	931.7%	2,098.4%	298.0%	35.2%	-49.4%
Avg	658.3%	1,630.9%	231.1%	-20.0%	-51.3%
Low	357.1%	1,306.4%	186.7%	-70.9%	-52.8%

EPS Forecast

EPS	2024	2025	2026	2027
High	-5.33	-1.58	2.26	-9.82
Avg	-6.75	-4.78	-0.07	-9.44
Low	-7.81	-7.52	-2.59	-9.16

EPS Growth

EPS Growth	2024	2025	2026	2027
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.