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Ree Automotive Ltd. (REE)
:REE
REE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.35 - $11.72
Previous CloseN/A
Volume17.80K
Average Volume (3M)192.03K
Market Cap
$84.85M
Enterprise Value$59.26M
Total Cash (Recent Filing)$53.61M
Total Debt (Recent Filing)$38.66M
Price to Earnings (P/E)―
Beta2.53
Next Earnings
Apr 29, 2025EPS Estimate
-1.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-9.26
Shares Outstanding27,523,760
10 Day Avg. Volume215,770
30 Day Avg. Volume192,025
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)95.54
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.70
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-7.94
Enterprise Value/Ebitda-0.69
Forecast
1Y Price Target
$15.00Price Target Upside435.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
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REE Automotive News
PremiumCompany Announcements
REE Automotive Expands Funding with $9.4 Million Direct Offering
PremiumCompany Announcements
REE Automotive Announces $27 Million Direct Offering to Boost Operations
PremiumCompany Announcements
REE Automotive Enters Strategic MOU for Autonomous Vehicle Development---
Bulls Say, Bears Say
Bulls Say
Financial OutlookThe combination of Motherson’s supply chain and distribution partnership, improved access to financing sources, and ramp in customer orders by 230% to $137M has transformed the outlook for the company.
Price TargetThe price target for Ree Automotive Ltd. has been raised from $7.00 to $11.00.
Revenue PotentialThe announcement highlighted that the parties intend to sign a definitive agreement, which could generate up to $770M in potential revenues.
Bears Say
Net Loss ImpactThe 3Q24 net loss was negatively impacted by a $14.4M warrant re-measurement charge.
Risk FactorsRisks include dilution risk, market adoption risk, technological risk, execution risk, partnership risk, regulatory risk, supply chain risk, competition risk, and uncertainty related to macroeconomic conditions.
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Ownership Overview
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Insiders
<0.01% Mutual Funds
19.16% Other Institutional Investors
80.84% 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 Ltd.’s price range in the past 12 months?
Ree Automotive Ltd. lowest stock price was $2.35 and its highest was $11.72 in the past 12 months.
What is Ree Automotive Ltd.’s market cap?
Ree Automotive Ltd.’s market cap is $84.85M.
When is Ree Automotive Ltd.’s upcoming earnings report date?
Ree Automotive Ltd.’s upcoming earnings report date is Apr 29, 2025 which is in 16 days.
How were Ree Automotive Ltd.’s earnings last quarter?
Ree Automotive Ltd. released its earnings results on Dec 17, 2024. The company reported -$2.56 earnings per share for the quarter, missing the consensus estimate of -$0.992 by -$1.568.
Is Ree Automotive Ltd. overvalued?
According to Wall Street analysts Ree Automotive Ltd.’s price is currently Undervalued.
Does Ree Automotive Ltd. pay dividends?
Ree Automotive Ltd. does not currently pay dividends.
What is Ree Automotive Ltd.’s EPS estimate?
Ree Automotive Ltd.’s EPS estimate is -1.04.
How many shares outstanding does Ree Automotive Ltd. have?
Ree Automotive Ltd. has 27,523,760 shares outstanding.
What happened to Ree Automotive Ltd.’s price movement after its last earnings report?
Ree Automotive Ltd. reported an EPS of -$2.56 in its last earnings report, missing expectations of -$0.992. Following the earnings report the stock price went down -13.57%.
Which hedge fund is a major shareholder of Ree Automotive Ltd.?
Currently, no hedge funds are holding shares in REE
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REE Automotive Stock Smart Score
Company Description
Ree Automotive Ltd.
REE Automotive (REE) is an Israeli-based automotive technology company that specializes in the development of electric vehicle platforms. The company focuses on creating modular and scalable EV platforms that integrate all the critical vehicle components into the arch of the wheel. This innovative approach allows for more design freedom, increased payload capacity, and enhanced efficiency, catering to a broad range of vehicle types from commercial vehicles to autonomous delivery solutions.
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REE Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call for Q3 2024 highlighted significant achievements, including a substantial increase in reservation value and the commencement of P7 truck production. The company's improved liquidity and strong partnership with Motherson are positive developments. However, there were notable challenges, such as an increase in both GAAP and non-GAAP net losses. Overall, the sentiment is positive given the company's progress and strategic advancements.Read More>---
REE Stock 12 Month Forecast
Average Price Target
$15.00
▲(435.71% Upside)
Technical Analysis
Best Analysts Covering REE
1 Year
1 Year Success Rate
2/11 ratings generated profit
1 Year Average Return
-29.89%
reiterated a buy rating 10 months ago
Copying Michael Shlisky's trades and holding each position for 1 Year would result in 18.18% of your transactions generating a profit, with an average return of -29.89% per trade.
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