REE Automotive (REE) Stock Forecast, Price Target & Predictions
REE Stock Forecast
REE Automotive (REE) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $4.00, with a high of $4.00 and a low of $4.00. This represents a -53.81% decline from the last price of $8.66.
REE Stock Rating
REE Automotive stock's rating consensus is Buy, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (50.00%), 1 Hold (25.00%), 1 Sell (25.00%), and 0 Strong Sell (0.00%).
Buy
REE Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | REE Automotive | -53.81% |
Sector | Consumer Cyclical Stocks | 4.57% |
Industry | Recreational Vehicle (RV) Stocks | 42.81% |
Idea | Electric Vehicle Stocks List | -6.34% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $4.00 |
Last Closing Price | $8.66 | $8.66 | $8.66 |
Upside/Downside | - | - | -53.81% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 2 | 1 | - | - | - | 3 |
Dec, 24 | 2 | 2 | - | - | - | 4 |
Nov, 24 | 2 | 4 | - | - | - | 6 |
Oct, 24 | - | 4 | - | - | - | 4 |
Sep, 24 | - | 4 | - | - | - | 4 |
Latest Price Target by Analysts
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 | -33.22% | -53.81% |
Nov 17, 2022 | Wells Fargo | $0.50 | $0.65 | -23.08% | -94.23% |
Latest Upgrade/Downgrade by Analysts
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 |
Financial Forecast
EPS Forecast
Annual
Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|
Reported | $-64.34 | $-10.98 | $-11.32 | - | - | - | - | - |
Avg Forecast | $-45.30 | $-12.06 | $-6.20 | $-6.48 | $-4.47 | $-0.91 | $-0.63 | $0.66 |
High Forecast | $-87.43 | $-16.82 | $-10.29 | $-10.76 | $-7.42 | $-1.33 | $-1.05 | $0.22 |
Low Forecast | $5.97 | $-7.30 | $-2.10 | $-2.20 | $-1.51 | $-0.49 | $-0.21 | $1.10 |
Surprise % | 42.03% | -8.96% | 82.58% | - | - | - | - | - |
Revenue Forecast
Annual
Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|
Reported | $6.00K | - | $1.61M | - | - | - | - | - |
Avg Forecast | $304.40K | $630.00K | $2.47M | $185.50K | $40.00M | $492.18M | $394.81M | $481.96M |
High Forecast | $39.40K | $438.84K | $1.22M | $165.97K | $14.99M | $241.83M | $193.99M | $236.81M |
Low Forecast | $522.19K | $821.14K | $3.73M | $195.26K | $64.99M | $742.51M | $595.61M | $727.09M |
Surprise % | -98.03% | - | -35.00% | - | - | - | - | - |
Net Income Forecast
Annual
Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|
Reported | $-505.33M | $-107.42M | $-114.21M | - | - | - | - | - |
Avg Forecast | $-456.93M | $-121.66M | $-62.50M | $-65.37M | $-45.04M | $-12.89M | $-6.35M | $6.66M |
High Forecast | $-881.93M | $-169.65M | $-103.83M | $-108.59M | $-74.82M | $-13.41M | $-10.56M | $2.26M |
Low Forecast | $60.19M | $-73.67M | $-21.17M | $-22.14M | $-15.26M | $-4.95M | $-2.15M | $11.06M |
Surprise % | 10.59% | -11.71% | 82.73% | - | - | - | - | - |