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REE Automotive NasdaqCM:REE Stock Report

Last Price

US$4.32

Market Cap

US$46.8m

7D

5.9%

1Y

-51.9%

Updated

25 Apr, 2024

Data

Company Financials +

REE Stock Overview

REE Automotive Ltd. operates as an automotive technology company in France, the United Kingdom, the United States, and internationally.

REE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

REE Automotive Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for REE Automotive
Historical stock prices
Current Share PriceUS$4.32
52 Week HighUS$13.77
52 Week LowUS$2.30
Beta2.98
1 Month Change-31.21%
3 Month Change-20.73%
1 Year Change-51.89%
3 Year Change-98.55%
5 Year Changen/a
Change since IPO-98.61%

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

Companies Like REE Automotive (NASDAQ:REE) Could Be Quite Risky

Jul 24
Companies Like REE Automotive (NASDAQ:REE) Could Be Quite Risky

We're A Little Worried About REE Automotive's (NASDAQ:REE) Cash Burn Rate

Feb 09
We're A Little Worried About REE Automotive's (NASDAQ:REE) Cash Burn Rate

We're A Little Worried About REE Automotive's (NASDAQ:REE) Cash Burn Rate

Oct 17
We're A Little Worried About REE Automotive's (NASDAQ:REE) Cash Burn Rate

REE Automotive Non-GAAP EPS of -$0.07 beats by $0.04; reaffirms FY22 guidance

Aug 16

Will REE Automotive (NASDAQ:REE) Spend Its Cash Wisely?

Jul 19
Will REE Automotive (NASDAQ:REE) Spend Its Cash Wisely?

REE Automotive: Building A Platform To Ride Growing Demand For Commercial EVs

Jun 30

We're Interested To See How REE Automotive (NASDAQ:REE) Uses Its Cash Hoard To Grow

Dec 21
We're Interested To See How REE Automotive (NASDAQ:REE) Uses Its Cash Hoard To Grow

Shareholder Returns

REEUS Auto ComponentsUS Market
7D5.9%1.4%1.0%
1Y-51.9%-11.1%21.9%

Return vs Industry: REE underperformed the US Auto Components industry which returned -13.7% over the past year.

Return vs Market: REE underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is REE's price volatile compared to industry and market?
REE volatility
REE Average Weekly Movement13.4%
Auto Components Industry Average Movement5.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: REE's share price has been volatile over the past 3 months.

Volatility Over Time: REE's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a244Daniel Barelwww.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

How do REE Automotive's earnings and revenue compare to its market cap?
REE fundamental statistics
Market capUS$46.78m
Earnings (TTM)-US$114.21m
Revenue (TTM)US$1.61m

29.1x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REE income statement (TTM)
RevenueUS$1.61m
Cost of RevenueUS$3.27m
Gross Profit-US$1.66m
Other ExpensesUS$112.55m
Earnings-US$114.21m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-10.55
Gross Margin-103.36%
Net Profit Margin-7,102.49%
Debt/Equity Ratio25.4%

How did REE perform over the long term?

See historical performance and comparison
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