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REE Automotive (REE)
NASDAQ:REE
Holding REE?
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REE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.91 - $11.72
Previous Close$10.83
Volume56.38K
Average Volume (3M)322.73K
Market Cap
$147.38M
Enterprise Value$87.53M
Total Cash (Recent Filing)£85.63M
Total Debt (Recent Filing)£38.68M
Price to Earnings (P/E)―
Beta2.64
Next Earnings
Dec 17, 2024EPS Estimate
-$0.99Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-12.85
Shares Outstanding11,232,830
10 Day Avg. Volume98,386
30 Day Avg. Volume322,725
Standard Deviation0.32
R-Squared0.23
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)1.56
Price to Sales (P/S)267.37
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$11.00Price Target Upside1.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
REE Automotive News
PremiumCompany Announcements
REE Automotive Sees Strong Growth and Liquidity BoostPremiumCompany Announcements
REE Automotive Sees Surge in Reservations and Begins P7 Production
PremiumCompany Announcements
REE Automotive Strengthens Leadership for Growth
Bulls Say, Bears Say
Bulls Say
Market PositioningThe recently strengthened balance sheet, regulatory incentives, and production partners and infrastructure available put the company in a strong position to emerge as one of the few winners in the market.
Order Book ExpansionThe company's order book increased by 15% sequentially and stood at $60M or 400 P7 vehicles, ordered by 24 different customers in North America.
Strategic PartnershipsPartnerships with Penske, U-Haul, and Airbus highlight technological credibility.
Bears Say
Capital RequirementsUnexpected delays may require raising more capital before reaching profitability.
Financial GuidanceNo financial guidance provided.
Production Ramp-upThere is timing risk in achieving the ramp in production at the announced time.
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Ownership Overview
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Insiders
0.04% Mutual Funds
34.73% Other Institutional Investors
65.23% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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REE FAQ
What was REE Automotive’s price range in the past 12 months?
REE Automotive lowest stock price was $2.91 and its highest was $11.72 in the past 12 months.
What is REE Automotive’s market cap?
Currently, no data Available
When is REE Automotive’s upcoming earnings report date?
REE Automotive’s upcoming earnings report date is Dec 17, 2024 which is 4 days ago.
How were REE Automotive’s earnings last quarter?
REE Automotive released its earnings results on Sep 26, 2024. The company reported -$0.84 earnings per share for the quarter, missing the consensus estimate of -$0.771 by -$0.069.
Is REE Automotive overvalued?
According to Wall Street analysts REE Automotive’s price is currently Undervalued.
Does REE Automotive pay dividends?
REE Automotive does not currently pay dividends.
What is REE Automotive’s EPS estimate?
REE Automotive’s EPS estimate is -$0.99.
How many shares outstanding does REE Automotive have?
REE Automotive has 10,827,570 shares outstanding.
What happened to REE Automotive’s price movement after its last earnings report?
REE Automotive reported an EPS of -$0.84 in its last earnings report, missing expectations of -$0.771. Following the earnings report the stock price went up 2.903%.
Which hedge fund is a major shareholder of REE Automotive?
Among the largest hedge funds holding REE Automotive’s share is Cruiser Capital Advisors, Llc. It holds REE Automotive’s shares valued at 886K.
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REE Automotive Stock Smart Score
Company Description
REE Automotive
REE Automotive is an automotive technology leader that provides modular electric vehicle (EV) platforms. It enables original equipment manufacturers, delivery and logistics fleets, Mobility-as-a-Service providers, and autonomous drive companies in the build-out of any size or shape of EV or autonomous vehicle.
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REE Earnings Call
Q2 2024
0:00 / 0:00
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REE Stock 12 Month Forecast
Average Price Target
$11.00
▲(1.57% Upside)
Technical Analysis
Best Analysts Covering REE
1 Year
1 Year Success Rate
4/9 ratings generated profit
1 Year Average Return
-21.08%
assigned a buy rating 3 months ago
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of -21.08% per trade.
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