REE Automotive (REE) Stock Forecast, Price Target & Predictions

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REE Stock Forecast

REE Automotive stock forecast is as follows: an average price target of $4.00 (represents a -44.21% downside from REE’s last price of $7.17) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

REE Price Target

The average price target for REE Automotive (REE) is $4.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $4.00. This represents a potential -44.21% downside from REE's last price of $7.17.

REE Analyst Ratings

Buy

According to 4 Wall Street analysts, REE Automotive's rating consensus is 'Buy'. The analyst rating breakdown for REE stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 1 'Hold' (25.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

REE Automotive Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Mar 28, 2024	Colin Langan	Wells Fargo	$4.00	$5.99	-33.17%	-44.21%
Nov 17, 2022	-	Wells Fargo	$0.50	$0.65	-22.53%	-93.03%

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The latest REE Automotive stock forecast, released on Mar 28, 2024 by Colin Langan from Wells Fargo, set a price target of $4.00, which represents a -33.17% decrease from the stock price at the time of the forecast ($5.99), and a -44.21% decrease from REE last price ($7.17).

REE Automotive Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$4.00
Last Closing Price	$7.17	$7.17	$7.17
Upside/Downside	-100.00%	-100.00%	-44.21%

In the current month, the average price target of REE Automotive stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to REE Automotive's last price of $7.17. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Mar 28, 2024	Wells Fargo	Underweight	Underweight	Hold
Mar 17, 2023	Cantor Fitzgerald	-	Overweight	Initialise
Nov 17, 2022	Cowen & Co.	Outperform	Outperform	Hold
Nov 17, 2022	Wells Fargo	Underweight	Underweight	Hold
Nov 17, 2022	BTIG	-	Neutral	Downgrade

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REE Automotive's last stock rating was published by Wells Fargo on Mar 28, 2024. The company gave REE a "Underweight" rating, the same as its previous rate.

REE Automotive Financial Forecast

REE Automotive Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$222.75M	$168.75M	$148.50M	$135.00M	$77.40M	$42.22M	$675.00K	$150.00K	$50.00K	$50.00K	$750.00K	$537.50K	$150.00K	$485.00K	$630.00K	$825.00K	$240.00K	$50.00K	$875.00K	$166.67K	$145.00K
High Forecast	$222.75M	$168.75M	$148.50M	$135.00M	$77.40M	$42.22M	$675.00K	$150.00K	$50.00K	$50.00K	$750.00K	$537.75K	$150.00K	$485.00K	$630.00K	$825.00K	$240.00K	$50.00K	$875.00K	$166.67K	$145.00K
Low Forecast	$222.75M	$168.75M	$148.50M	$135.00M	$77.40M	$42.22M	$675.00K	$150.00K	$50.00K	$50.00K	$750.00K	$537.25K	$150.00K	$485.00K	$630.00K	$825.00K	$240.00K	$50.00K	$875.00K	$166.67K	$145.00K
# Analysts	1	1	1	1	1	1	1	1	1	2	1	1	2	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

REE Automotive's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. REE's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).

REE Automotive EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	2	1	1	2	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-25.30M	$-33.29M	$-31.32M	$-52.79M	$-44.94M	$-414.78M
Avg Forecast	$-133.65M	$-101.25M	$-89.10M	$-81.00M	$-46.44M	$-25.33M	$-405.00K	$-90.00K	$-30.00K	$-30.00K	$-450.00K	$-322.50K	$-90.00K	$-291.00K	$-378.00K	$-495.00K	$-144.00K	$-30.00K	$-525.00K	$-100.00K	$-584.39M
High Forecast	$-133.65M	$-101.25M	$-89.10M	$-81.00M	$-46.44M	$-25.33M	$-405.00K	$-90.00K	$-30.00K	$-30.00K	$-450.00K	$-322.35K	$-90.00K	$-291.00K	$-378.00K	$-495.00K	$-144.00K	$-30.00K	$-525.00K	$-100.00K	$-467.51M
Low Forecast	$-133.65M	$-101.25M	$-89.10M	$-81.00M	$-46.44M	$-25.33M	$-405.00K	$-90.00K	$-30.00K	$-30.00K	$-450.00K	$-322.65K	$-90.00K	$-291.00K	$-378.00K	$-495.00K	$-144.00K	$-30.00K	$-525.00K	$-100.00K	$-701.27M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51.12%	231.19%	1043.83%	100.54%	449.39%	0.71%

undefined analysts predict REE's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than REE Automotive's previous annual EBITDA (undefined) of $NaN.

REE Automotive Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	2	1	1	2	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-27.26M	$-33.45M	$-23.69M	$-23.02M	$-46.65M	$-414.90M
Avg Forecast	$-1.59M	$-2.32M	$-5.09M	$-5.54M	$-6.73M	$-9.50M	$-2.29M	$-2.25M	$-7.11M	$-10.94M	$-8.50M	$-18.67M	$-25.58M	$-24.80M	$-40.94M	$-38.03M	$-35.55M	$-35.82M	$-45.15M	$-31.42M	$-539.38M
High Forecast	$-1.59M	$-2.32M	$-5.09M	$-5.54M	$-6.73M	$-9.50M	$-2.29M	$-2.25M	$-7.11M	$-10.94M	$-8.50M	$-18.67M	$-25.58M	$-24.80M	$-40.94M	$-38.03M	$-35.55M	$-35.82M	$-45.15M	$-31.42M	$-431.50M
Low Forecast	$-1.59M	$-2.32M	$-5.09M	$-5.54M	$-6.73M	$-9.50M	$-2.29M	$-2.25M	$-7.11M	$-10.94M	$-8.50M	$-18.67M	$-25.58M	$-24.80M	$-40.94M	$-38.03M	$-35.55M	$-35.82M	$-45.15M	$-31.42M	$-647.25M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.72%	0.94%	0.66%	0.51%	1.48%	0.77%

REE Automotive's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. REE's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

REE Automotive SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	2	1	1	2	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.39M	$13.19M	$11.33M	$15.29M	$15.54M	$219.51M
Avg Forecast	$1.95T	$1.48T	$1.30T	$1.18T	$678.14B	$369.95B	$5.91B	$1.31B	$438.09M	$438.09M	$6.57B	$4.71B	$1.31B	$4.25B	$5.52B	$7.23B	$2.10B	$438.09M	$7.67B	$1.46B	$1.27B
High Forecast	$1.95T	$1.48T	$1.30T	$1.18T	$678.14B	$369.95B	$5.91B	$1.31B	$438.09M	$438.09M	$6.57B	$4.71B	$1.31B	$4.25B	$5.52B	$7.23B	$2.10B	$438.09M	$7.67B	$1.46B	$1.27B
Low Forecast	$1.95T	$1.48T	$1.30T	$1.18T	$678.14B	$369.95B	$5.91B	$1.31B	$438.09M	$438.09M	$6.57B	$4.71B	$1.31B	$4.25B	$5.52B	$7.23B	$2.10B	$438.09M	$7.67B	$1.46B	$1.27B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.01%	0.03%	0.00%	0.01%	0.17%

REE Automotive's average Quarter SG&A projection for Mar 23 is $5.52B, based on 1 Wall Street analysts, with a range of $5.52B to $5.52B. The forecast indicates a 58697.94% rise compared to REE last annual SG&A of $9.39M (Dec 22).

REE Automotive EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	2	1	1	2	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.09	$-0.11	$-0.10	$-0.08	$-0.16	$-1.57
Avg Forecast	$-0.14	$-0.21	$-0.46	$-0.50	$-0.61	$-0.86	$-0.21	$-0.20	$-0.64	$-0.99	$-0.77	$-1.69	$-2.32	$-2.25	$-3.71	$-3.45	$-3.22	$-3.25	$-4.10	$-2.85	$-1.35
High Forecast	$-0.14	$-0.21	$-0.46	$-0.50	$-0.61	$-0.86	$-0.21	$-0.20	$-0.64	$-0.99	$-0.77	$-1.69	$-2.32	$-2.25	$-3.71	$-3.45	$-3.22	$-3.25	$-4.10	$-2.85	$-1.35
Low Forecast	$-0.14	$-0.21	$-0.46	$-0.50	$-0.61	$-0.86	$-0.21	$-0.20	$-0.64	$-0.99	$-0.77	$-1.69	$-2.32	$-2.25	$-3.71	$-3.45	$-3.22	$-3.25	$-4.10	$-2.85	$-1.35
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03%	0.03%	0.03%	0.02%	0.06%	1.16%

According to undefined Wall Street analysts, REE Automotive's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to REE previous annual EPS of $NaN (undefined).

REE Automotive Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
LCII	LCI Industries	$119.35	$150.00	25.68%	Buy
BC	Brunswick	$81.13	$97.07	19.65%	Buy
MBUU	Malibu Boats	$42.06	$40.40	-3.95%	Buy
MCFT	MasterCraft Boat	$21.00	$17.00	-19.05%	Buy
REE	REE Automotive	$7.17	$4.00	-44.21%	Buy

REE Forecast FAQ

Is REE Automotive a good buy?

Yes, according to 4 Wall Street analysts, REE Automotive (REE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of REE's total ratings.

What is REE's price target?

REE Automotive (REE) average price target is $4 with a range of $4 to $4, implying a -44.21% from its last price of $7.17. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will REE Automotive stock go up soon?

According to Wall Street analysts' prediction for REE stock, the company can go down by -44.21% (from the last price of $7.17 to the average price target of $4), down by -44.21% based on the highest stock price target, and down by -44.21% based on the lowest stock price target.

Can REE Automotive stock reach $11?

REE's average twelve months analyst stock price target of $4 does not support the claim that REE Automotive can reach $11 in the near future.

What are REE Automotive's analysts' financial forecasts?

REE Automotive's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $120.45M (high $120.45M, low $120.45M), average EBITDA is $-72.268M (high $-72.268M, low $-72.268M), average net income is $-20.771M (high $-20.771M, low $-20.771M), average SG&A $1.06T (high $1.06T, low $1.06T), and average EPS is $-1.884 (high $-1.884, low $-1.884). REE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $675M (high $675M, low $675M), average EBITDA is $-405M (high $-405M, low $-405M), average net income is $-14.543M (high $-14.543M, low $-14.543M), average SG&A $5.91T (high $5.91T, low $5.91T), and average EPS is $-1.319 (high $-1.319, low $-1.319).

Did the REE's actual financial results beat the analysts' financial forecasts?

Based on REE Automotive's last annual report (Dec 2021), the company's revenue was $6K, which missed the average analysts forecast of $311.67K by -98.07%. Apple's EBITDA was $-526M, missing the average prediction of $-584M by -10.00%. The company's net income was $-505M, missing the average estimation of $-571M by -11.47%. Apple's SG&A was $262.08M, missing the average forecast of $2.73B by -90.40%. Lastly, the company's EPS was $-2.14, missing the average prediction of $-4.2 by -49.05%.