REE Automotive Ltd. (REE)
Market Cap | 53.34M |
Revenue (ttm) | 1.61M |
Net Income (ttm) | -114.21M |
Shares Out | 13.61M |
EPS (ttm) | -11.32 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 6,838 |
Open | 3.690 |
Previous Close | 3.780 |
Day's Range | 3.690 - 4.160 |
52-Week Range | 2.300 - 13.770 |
Beta | 2.98 |
Analysts | Hold |
Price Target | 6.31 (+60.97%) |
Earnings Date | May 21, 2024 |
About REE
REE Automotive Ltd. operates as an automotive technology company in France, the United Kingdom, the United States, and internationally. The company offers REEcorner, a compact module that integrates critical vehicle drive components comprising as steering, braking, suspension, powertrain, and control between the chassis and the wheel; and REEplatform that allows for the addition of a modular and customizable top hat/cabin design based on customer specifications, without requiring modification to the platform. It also provides P7-S Strip Chassis... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for REE stock is "Hold." The 12-month stock price forecast is $6.31, which is an increase of 60.97% from the latest price.
News
REE Automotive Reports Fourth Quarter and Fiscal Year 2023 Financial Results
REE has accomplished the majority of its milestones as the first to commercialize full x-by-wire technology, setting the path for sustainable growth REE has accomplished the majority of its milestones...
Demand for REE Automotive Full By-Wire EVs Continues to Grow as Orderbook Value Surpasses $50 Million
- REE's authorized dealer network grows to 66 sales and service locations across the U.S. and Canada through 20 authorized dealers - New dealers include Macnab EV Sales Corp., Pacific Mobility Group a...
REE Automotive P7-C Receives CARB Certifications
• Powered by REE P7-C electric truck is eligible for sale in California • Certifications makes P7-C eligible for over $100,000 in state and federal incentives • Deliveries have commenced to REE's Auth...
REE Automotive Announces Date for Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call
TEL AVIV, Isreal, March 22, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platf...
REE Announces Closing of Public Offering of Ordinary Shares
- Raised $14.95 million in ordinary shares issued with minimal discount - Overallotment fully exercised - Multiple investors participated in the round, led by M&G, REE's largest investor TEL AVI...
REE Automotive selected by Airbus UpNext
TEL AVIV, Israel, March 05, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”) has been selected by Airbus UpNext, wholly-owned innovation subsidiary of Airbus SE (st...
REE Announces Pricing of Public Offering of Ordinary Shares
TEL AVIV, Israel, March 01, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), today announced the pricing of an underwritten public offering of 2,000,000 Class A ord...
REE Announces Proposed Public Offering of Ordinary Shares
TEL AVIV, Israel, Feb. 29, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), today announced that it has launched a public offering to offer and sell its Class A ord...
REE Automotive to Showcase Two Configurations of P7-C Fully-by-Wire Electric Truck at Work Truck Week 2024
- P7-C Chassis Cab will be on display to the public at REE's booth #1843 - A full utility configuration of P7-C with Knapheide's KUV body will be on display on March 5 - REE and Knapheide to hos...
REE Automotive ($REE) Debuts First of its Kind Vehicle Technology in United States
REE Automotive (NASDAQ: REE) has announced the first demo of its P7 electric chassis cab to the United States. The vehicle has undergone customization at Knapheide in Quincy, Illinois, a leading North...
REE Completes U.S. Certification of Full-by-Wire Vehicles and Begins Customer Deliveries of its P7-C Electric Truck
TEL AVIV, Israel, Feb. 08, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platfo...
REE Ships P7-C Demo to FMI Truck Sales & Service; Franz Bakery, Bedmart, Indoor Billboard, PointS Tires and Kelly's Home Center Fleets Set to Begin Evaluation of P7-C Vehicle
COVENTRY, United Kingdom, Jan. 29, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks an...
Monarch Truck Center to Host Ride and Drive of REE's P7-C for Canteen, Stanford University, City of San Jose and Other Large Fleet Customers in the Bay Area
SAN FRANCISCO, Jan. 25, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms...
REE Completes U.S. Certification of Full-by-Wire Vehicles and Begins Customer Deliveries of its P7-C Electric Truck
REE's P7-C is the first full y by-wire truck to achieve U.S. FMVSS and EPA certification s Customer d eliveries of demonstration trucks has begun P7-C vehicles are eligible for US federal tax credit o...
REE Automotive Announces Third Quarter 2023 Financial Results
TEL AVIV, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced its ...
REE Automotive, Ltd. Announces Date for Third Quarter 2023 Earnings Release and Conference Call
TEL AVIV, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) -- REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology company and provider of electric vehicle platforms and EVs, an...
REE Automotive Regains Compliance with Nasdaq Minimum Bid Price Requirement
TEL AVIV, Israel, Nov. 01, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, today received a no...
REE Automotive Initial Order Book Value Jumps to Approximately $40 Million
• Company's initial order book value doubles since late August 2023 • Midwest Transit Equipment joins REE's Authorized Dealer Network and places binding order • Deliveries to Midwest Transit Equipment...
REE Automotive to Webcast CEO Fireside Chat on November 2, 2023
TEL AVIV, Israel, Oct. 19, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, today announced tha...
REE Automotive ($REE) Receives EPA Certification for P7-C Lineup of Electric Trucks
REE Automotive (Nasdaq: REE), an automotive technology company specializing in fully by-wire electric trucks and platforms, has obtained certification from the United States Environmental Protection A...
REE Automotive Obtains EPA Certification for Its P7 Electric Truck Lineup
TEL AVIV, Israel, Oct. 11, 2023 (GLOBE NEWSWIRE) -- REE Automotive (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, has received United Stat...
REE Automotive Named to the 2024 FreightWaves FreightTech 100
TEL AVIV, Israel, Sept. 21, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, has been included i...
REE Confirms FMVSS Certification Feasibility of its X-by-Wire Systems Ahead of Q4 2023 Vehicle Certification
- Joint testing with HORIBA-MIRA confirms the feasibility of REE's x-by-wire vehicle control system to pass FMVSS certification requirements - REE intends to fully certify its Powered by REE P7 electr...
REE Automotive Announces Second Quarter 2023 Financial Results
TEL AVIV, Israel, Aug. 29, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced its ...
REE Automotive ($REE) Announces Strategic Partnership with Knapheide to Upfit P7-C Chassis Cabs
REE Automotive (Nasdaq: REE), a provider of comprehensive by-wire electric trucks, has announced a strategic collaboration with Knapheide for outfitting REE's P7-C chassis cabs to meet the diverse nee...