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REE Automotive (REE)
NASDAQ:REE
REE Automotive (REE) Stock Price & Analysis
343 Followers
REE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.30 - $10.89
Previous Close$4.04
Volume31.50K
Average Volume (3M)27.68K
Market Cap
$54.98M
Enterprise Value-$5.67M
Total Cash (Recent Filing)$85.63M
Total Debt (Recent Filing)$38.68M
Price to Earnings (P/E)―
Beta2.61
Next Earnings
Aug 13, 2024EPS Estimate
-$1.56Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-12.85
Shares Outstanding11,232,830
10 Day Avg. Volume23,644
30 Day Avg. Volume27,681
Standard Deviation0.31
R-Squared0.28
Alpha-0.09
Financial Highlights & Ratios
Price to Book (P/B)0.53
Price to Sales (P/S)19.21
Price to Cash Flow (P/CF)-0.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.41
Enterprise Value/Ebitda0.09
Forecast
1Y Price Target
$13.50Price Target Upside234.16% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
REE Automotive News
PremiumCompany Announcements
REE Automotive Accelerates Market Presence and Financial Growth
Bulls Say, Bears Say
Bulls Say
Business DevelopmentThe company's business development efforts are now gaining traction with five vehicles now in the hands of potential customers and distributors.
CertificationsREE was the first to receive full certification of an x-by-wire solution in commercial trucks.
PartnershipsThe company's partnership with Airbus for autonomous driving, leveraging REE's P7-C by-wire technology, brings to light an important competitive differentiator.
Bears Say
Financial PerformanceOperating loss was $37.2M in 4Q23, compared to a loss of $27.8M in the year-ago period.
FundingThe company still needs to secure approximately $70M in additional funding to hit its 2024-25 production plans.
GuidanceManagement has not provided concrete guidance on how many vehicles could be delivered by the company this year.
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Ownership Overview
62.59%
Insiders
0.04% Mutual Funds
16.14% Other Institutional Investors
21.24% 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 $2.30 and its highest was $10.89 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 Aug 13, 2024 which is in 22 days.
How were REE Automotive’s earnings last quarter?
REE Automotive released its earnings results on May 30, 2024. The company reported -$2.28 earnings per share for the quarter, missing the consensus estimate of -$1.694 by -$0.586.
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 -$1.56.
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 -$2.28 in its last earnings report, missing expectations of -$1.694. Following the earnings report the stock price went down -6.596%.
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
Q1 2024
0:00 / 0:00
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REE Stock 12 Month Forecast
Average Price Target
$13.50
▲(234.16% Upside)
Technical Analysis
Best Analysts Covering REE
1 Year
1 Year Success Rate
1/11 ratings generated profit
1 Year Average Return
-40.65%
reiterated a buy rating 2 months ago
Copying Michael Shlisky's trades and holding each position for 1 Year would result in 9.09% of your transactions generating a profit, with an average return of -40.65% per trade.
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