REE Automotive Future Growth
Future criteria checks 5/6
REE Automotive is forecast to grow earnings and revenue by 55.2% and 46.6% per annum respectively while EPS is expected to grow by 65.9% per annum.
Key information
55.2%
Earnings growth rate
65.9%
EPS growth rate
| Auto Components earnings growth | 19.7% |
| Revenue growth rate | 46.6% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 08 Apr 2024 |
Recent future growth 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 21Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 647 | 12 | N/A | N/A | 2 |
| 12/31/2025 | 223 | -83 | N/A | -63 | 3 |
| 12/31/2024 | 19 | -94 | N/A | -77 | 2 |
| 12/31/2023 | 2 | -114 | -93 | -89 | N/A |
| 9/30/2023 | 1 | -106 | -99 | -94 | N/A |
| 6/30/2023 | 1 | -116 | -102 | -90 | N/A |
| 3/31/2023 | N/A | -115 | -113 | -102 | N/A |
| 12/31/2022 | N/A | -107 | -124 | -113 | N/A |
| 9/30/2022 | N/A | -127 | -114 | -104 | N/A |
| 6/30/2022 | N/A | -508 | -115 | -110 | N/A |
| 3/31/2022 | N/A | -516 | -93 | -90 | N/A |
| 12/31/2021 | 0 | -505 | -62 | -59 | N/A |
| 9/30/2021 | 0 | -469 | -48 | -46 | N/A |
| 6/30/2021 | 0 | -73 | -28 | -26 | N/A |
| 3/31/2021 | 0 | -76 | -18 | -17 | N/A |
| 12/31/2020 | 0 | -68 | -14 | -13 | N/A |
| 9/30/2020 | 0 | -61 | -10 | -9 | N/A |
| 12/31/2019 | 1 | -12 | -7 | -7 | N/A |
| 12/31/2018 | 0 | -20 | -4 | -4 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: REE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).
Earnings vs Market: REE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: REE is expected to become profitable in the next 3 years.
Revenue vs Market: REE's revenue (46.6% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: REE's revenue (46.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if REE's Return on Equity is forecast to be high in 3 years time