REE Automotive Ltd. (REE)
NASDAQ: REE · IEX Real-Time Price · USD
3.750
+0.080 (2.18%)
Apr 16, 2024, 3:08 PM EDT - 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 6.31, with a low estimate of 2.25 and a high estimate of 15. The average target predicts an increase of 68.27% from the current stock price of 3.75.

Analyst Consensus: Hold
Target Low Average Median High
Price $2.25 $6.31 $4.00 $15
Change -40.00% +68.27% +6.67% +300.00%

Analyst Ratings

The average analyst rating for REE Automotive stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 011111
Buy 211111
Hold 200000
Sell 111122
Strong Sell 000000
Total 533344

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Sell
Maintains
$4.5$4
Sell Maintains $4.5$4 +6.67% Mar 28, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$15
Strong Buy Reiterates $15 +300.00% Mar 28, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$15
Strong Buy Initiates $15 +300.00% Dec 19, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Sell
Downgrades
$4
Sell Downgrades $4 +6.67% Dec 1, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Maintains
$1$4
Hold Maintains $1$4 +6.67% Oct 23, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
510.42M
from 1.61M
Increased by 31,642.54%
Revenue Next Year
12.92M
from 510.42M
Decreased by -97.47%
EPS This Year
-0.30
from -11.32
EPS Next Year
-6.67
from -0.30
Year 201920202021202220232024202420252025202620262027202720282028
Revenue
681.00K388.00K6.00K-1.61M510.42M12.92M1.64B246.19M383.55M653.75M559.19M559.19M272.20M272.20M
Revenue Growth
--43.02%-98.45%--31,642.54%-97.47%12,629.38%-85.02%55.79%70.45%-14.46%--51.32%-
EPS
-3.00-12.90-64.34-10.98-11.32-0.30-6.67-0.39-4.41-9.49-1.05-9.44-9.44--
EPS Growth
---------------
No. Analysts -----4434232222
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 14.3M 275.6M 708.8M 945.0M 283.0M
Avg 12.9M 246.2M 653.8M 559.2M 272.2M
Low 11.7M 220.5M 607.2M 203.2M 264.1M

Revenue Growth

Revenue Growth 20242025202620272028
High
791.4%
2,034.2%
187.9%
44.6%
-49.4%
Avg
703.2%
1,806.2%
165.5%
-14.5%
-51.3%
Low
626.8%
1,607.3%
146.6%
-68.9%
-52.8%

EPS Forecast

EPS 2024202520262027
High -6.87 -1.52 0.27 -9.82
Avg -6.67 -4.41 -1.05 -9.44
Low -6.53 -7.14 -2.29 -9.16

EPS Growth

EPS Growth 2024202520262027
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.