REE Stock Overview
Operates as an automotive technology company in France, the United Kingdom, the United States, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
REE Automotive Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.19 |
| 52 Week High | US$11.72 |
| 52 Week Low | US$2.91 |
| Beta | 3.03 |
| 1 Month Change | 25.98% |
| 3 Month Change | 50.90% |
| 1 Year Change | 48.23% |
| 3 Year Change | -93.92% |
| 5 Year Change | n/a |
| Change since IPO | -97.04% |
Recent News & Updates
Recent updates
Companies Like REE Automotive (NASDAQ:REE) Could Be Quite Risky
Nov 06
Companies Like REE Automotive (NASDAQ:REE) Could Be Quite Risky
Jul 24We're A Little Worried About REE Automotive's (NASDAQ:REE) Cash Burn Rate
Feb 09We're A Little Worried About REE Automotive's (NASDAQ:REE) Cash Burn Rate
Oct 17REE Automotive Non-GAAP EPS of -$0.07 beats by $0.04; reaffirms FY22 guidance
Aug 16Will REE Automotive (NASDAQ:REE) Spend Its Cash Wisely?
Jul 19REE Automotive: Building A Platform To Ride Growing Demand For Commercial EVs
Jun 30We're Interested To See How REE Automotive (NASDAQ:REE) Uses Its Cash Hoard To Grow
Dec 21Shareholder Returns
| REE | US Auto Components | US Market | |
|---|---|---|---|
| 7D | -15.1% | -4.3% | -2.4% |
| 1Y | 48.2% | -29.4% | 23.4% |
Return vs Industry: REE exceeded the US Auto Components industry which returned -29.4% over the past year.
Return vs Market: REE exceeded the US Market which returned 23.4% over the past year.
Price Volatility
| REE volatility | |
|---|---|
| REE Average Weekly Movement | 14.3% |
| Auto Components Industry Average Movement | 7.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: REE's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: REE's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 244 | Daniel Barel | www.ree.auto |
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 for commercial delivery vehicles and walk-in vans; P7-C Chassis Cab and Cutway Chassis, a class 4 chassis cab fully electric commercial truck for delivery and a range of vocational applications; and P7-B Box Truck, a class 3 box truck built on a P7 cab chassis with its all-wheel drive and all-wheel steer for vehicle control for better handling and safety in adverse conditions.
REE Automotive Ltd. Fundamentals Summary
| REE fundamental statistics | |
|---|---|
| Market cap | US$171.06m |
| Earnings (TTM) | -US$109.69m |
| Revenue (TTM) | US$626.00k |
273.3x
P/S Ratio-1.6x
P/E RatioIs REE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| REE income statement (TTM) | |
|---|---|
| Revenue | US$626.00k |
| Cost of Revenue | US$2.72m |
| Gross Profit | -US$2.10m |
| Other Expenses | US$107.60m |
| Earnings | -US$109.69m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -5.89 |
| Gross Margin | -334.82% |
| Net Profit Margin | -17,522.52% |
| Debt/Equity Ratio | 43.0% |
How did REE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
REE Automotive Ltd. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gregory Lewis | BTIG |
| Igor Levi | BTIG |
| Andres Sheppard-Slinger | Cantor Fitzgerald & Co. |