REE Automotive Ltd. (REE)

NASDAQ: REE · IEX Real-Time Price · USD
3.920
+0.140 (3.70%)
At close: Apr 23, 2024, 4:00 PM
3.840
-0.080 (-2.04%)
After-hours: Apr 23, 2024, 4:13 PM EDT
3.70%
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]

Founded 2011
Employees 244
Stock Exchange NASDAQ
Ticker Symbol REE
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$6.31
(60.97% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

27 days ago - GlobeNewsWire

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...

27 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - Green Stock News

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - Green Stock News

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

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...

8 months ago - Green Stock News