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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$2.38 - $8.75
Previous Close$8.27
Volume83.60K
Average Volume (3M)301.21K
Market Cap
$112.47M
Enterprise Value$51.80M
Total Cash (Recent Filing)$85.63M
Total Debt (Recent Filing)$38.68M
Price to Earnings (P/E)―
Beta2.77
Next Earnings
Nov 13, 2024EPS Estimate
-$0.99Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-12.85
Shares Outstanding11,232,830
10 Day Avg. Volume112,188
30 Day Avg. Volume301,212
Standard Deviation0.33
R-Squared0.23
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)1.19
Price to Sales (P/S)204.04
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-31.16
Enterprise Value/Ebitda-0.86
Forecast
1Y Price Target
$11.00Price Target Upside33.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
REE Automotive News
PremiumCompany Announcements
REE Automotive Gears Up for Growth in 2024
PremiumCompany Announcements
REE Automotive Unveils Pre-Funded Share Purchase WarrantPremiumCompany Announcements
REE Automotive Gears Up with Motherson Group PartnershipBulls Say, Bears Say
Bulls Say
Market OpportunityThe 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 GrowthThe 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 And FinancingDespite current liquidity, REE will likely still need to secure larger financing to fund the ramp towards full-scale production and bring US production online.
Financial GuidanceNo financial guidance provided.
Production Timing RiskThere is some timing risk to REE achieving its ramp in production at the announced time of late 2024/early 2025.
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Ownership Overview
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Insiders
0.04% Mutual Funds
<0.01% Other Institutional Investors
99.96% 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 $2.38 and its highest was $8.75 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 Nov 13, 2024 which is in 15 days.
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 ARK Investment Management LLC. It holds REE Automotive’s shares valued at N/A.
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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
▲(33.09% Upside)
Technical Analysis
Best Analysts Covering REE
1 Year
1 Year Success Rate
4/9 ratings generated profit
1 Year Average Return
-25.84%
assigned a buy rating last month
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 -25.84% per trade.
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