REE Automotive (REE) Stock Forecast, Price Target & Predictions
REE Stock Forecast
REE Automotive stock forecast is as follows: an average price target of $4.00 (represents a 34.68% upside from REE’s last price of $2.97) 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 34.68% upside from REE's last price of $2.97.
REE Analyst Ratings
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% | 34.68% |
| Nov 17, 2022 | - | Wells Fargo | $0.50 | $0.65 | -22.53% | -83.16% |
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 34.68% increase from REE last price ($2.97).
REE Automotive Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $4.00 |
| Last Closing Price | $2.97 | $2.97 | $2.97 |
| Upside/Downside | -100.00% | -100.00% | 34.68% |
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 $2.97. 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 |
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 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $222.75M | $168.75M | $148.50M | $135.00M | $112.50M | $56.25M | $33.75M | $22.50M | $11.55M | $750.00K | $862.50K | $537.50K | $150.00K | $485.00K | $485.00K | $630.00K | $825.00K | $240.00K | $50.00K | $875.00K | $166.67K | $145.00K | $145.00K |
| High Forecast | $222.75M | $168.75M | $148.50M | $135.00M | $112.50M | $56.25M | $33.75M | $22.50M | $11.55M | $750.00K | $862.50K | $537.50K | $150.00K | $485.00K | $697.60K | $630.00K | $825.00K | $240.00K | $50.00K | $1.19M | $225.81K | $196.45K | $196.45K |
| Low Forecast | $222.75M | $168.75M | $148.50M | $135.00M | $112.50M | $56.25M | $33.75M | $22.50M | $11.55M | $750.00K | $862.50K | $537.50K | $150.00K | $485.00K | $398.63K | $630.00K | $825.00K | $240.00K | $50.00K | $677.42K | $129.03K | $112.26K | $112.26K |
| # Analysts | 2 | 1 | 1 | 2 | - | - | - | - | 1 | 2 | 3 | 1 | 2 | 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 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | - | - | - | - | 1 | 2 | 3 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-25.30M | $-33.29M | $-31.32M | $-52.79M | $-44.94M | $-414.78M | $-31.12M |
| Avg Forecast | $-133.65M | $-101.25M | $-89.10M | $-81.00M | $-67.50M | $-33.75M | $-20.25M | $-13.50M | $-6.93M | $-450.00K | $-517.50K | $-322.50K | $-90.00K | $-291.00K | $-291.00K | $-378.00K | $-495.00K | $-144.00K | $-30.00K | $-525.00K | $-100.00K | $-584.39M | $-87.00K |
| High Forecast | $-133.65M | $-101.25M | $-89.10M | $-81.00M | $-67.50M | $-33.75M | $-20.25M | $-13.50M | $-6.93M | $-450.00K | $-517.50K | $-322.50K | $-90.00K | $-291.00K | $-239.18K | $-378.00K | $-495.00K | $-144.00K | $-30.00K | $-406.45K | $-77.42K | $-467.51M | $-67.35K |
| Low Forecast | $-133.65M | $-101.25M | $-89.10M | $-81.00M | $-67.50M | $-33.75M | $-20.25M | $-13.50M | $-6.93M | $-450.00K | $-517.50K | $-322.50K | $-90.00K | $-291.00K | $-418.56K | $-378.00K | $-495.00K | $-144.00K | $-30.00K | $-711.29K | $-135.48K | $-701.27M | $-117.87K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 51.12% | 231.19% | 1043.83% | 100.54% | 449.39% | 0.71% | 357.74% |
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 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | - | - | - | - | 1 | 2 | 3 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-27.26M | $-33.45M | $-23.69M | $-23.02M | $-46.65M | $-414.90M | $-31.18M |
| Avg Forecast | $-3.30M | $-4.72M | $-10.10M | $-11.02M | $-11.91M | $-18.61M | $-25.77M | $-28.26M | $-19.17M | $-7.79M | $-17.19M | $-18.67M | $-25.58M | $-24.80M | $-22.27M | $-40.94M | $-38.03M | $-35.55M | $-35.82M | $-41.93M | $-29.17M | $-539.38M | $-13.82M |
| High Forecast | $-3.30M | $-4.72M | $-10.10M | $-11.02M | $-11.91M | $-18.61M | $-25.77M | $-28.26M | $-19.17M | $-7.79M | $-17.19M | $-18.67M | $-25.58M | $-24.80M | $-17.11M | $-40.94M | $-38.03M | $-35.55M | $-35.82M | $-29.62M | $-20.61M | $-431.50M | $-9.76M |
| Low Forecast | $-3.30M | $-4.72M | $-10.10M | $-11.02M | $-11.91M | $-18.61M | $-25.77M | $-28.26M | $-19.17M | $-7.79M | $-17.19M | $-18.67M | $-25.58M | $-24.80M | $-34.95M | $-40.94M | $-38.03M | $-35.55M | $-35.82M | $-61.27M | $-42.63M | $-647.25M | $-20.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | 0.94% | 0.66% | 0.55% | 1.60% | 0.77% | 2.26% |
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 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | - | - | - | - | 1 | 2 | 3 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.39M | $13.19M | $11.33M | $15.29M | $15.54M | $219.51M | $21.59M |
| Avg Forecast | $1.95T | $1.48T | $1.30T | $1.18T | $985.71B | $492.85B | $295.71B | $197.14B | $101.20B | $6.57B | $7.56B | $4.71B | $1.31B | $4.25B | $4.25B | $5.52B | $7.23B | $2.10B | $438.09M | $7.67B | $1.46B | $1.27B | $1.27B |
| High Forecast | $1.95T | $1.48T | $1.30T | $1.18T | $985.71B | $492.85B | $295.71B | $197.14B | $101.20B | $6.57B | $7.56B | $4.71B | $1.31B | $4.25B | $6.11B | $5.52B | $7.23B | $2.10B | $438.09M | $10.39B | $1.98B | $1.72B | $1.72B |
| Low Forecast | $1.95T | $1.48T | $1.30T | $1.18T | $985.71B | $492.85B | $295.71B | $197.14B | $101.20B | $6.57B | $7.56B | $4.71B | $1.31B | $4.25B | $3.49B | $5.52B | $7.23B | $2.10B | $438.09M | $5.94B | $1.13B | $983.59M | $983.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.01% | 0.03% | 0.00% | 0.01% | 0.17% | 0.02% |
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 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | - | - | - | - | 1 | 2 | 3 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.09 | $-0.11 | $-0.10 | $-0.08 | $-0.16 | $-1.57 | $-0.14 |
| Avg Forecast | $-0.30 | $-0.43 | $-0.92 | $-1.00 | $-1.08 | $-1.69 | $-2.34 | $-2.56 | $-1.74 | $-0.71 | $-1.56 | $-1.69 | $-2.32 | $-2.25 | $-2.17 | $-3.71 | $-3.45 | $-3.22 | $-3.25 | $-4.10 | $-2.85 | $-1.35 | $-1.35 |
| High Forecast | $-0.30 | $-0.43 | $-0.92 | $-1.00 | $-1.08 | $-1.69 | $-2.34 | $-2.56 | $-1.74 | $-0.71 | $-1.56 | $-1.69 | $-2.32 | $-2.25 | $-1.67 | $-3.71 | $-3.45 | $-3.22 | $-3.25 | $-2.89 | $-2.01 | $-0.95 | $-0.95 |
| Low Forecast | $-0.30 | $-0.43 | $-0.92 | $-1.00 | $-1.08 | $-1.69 | $-2.34 | $-2.56 | $-1.74 | $-0.71 | $-1.56 | $-1.69 | $-2.32 | $-2.25 | $-3.41 | $-3.71 | $-3.45 | $-3.22 | $-3.25 | $-5.98 | $-4.16 | $-1.97 | $-1.97 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.03% | 0.03% | 0.03% | 0.02% | 0.06% | 1.16% | 0.10% |
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
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 34.68% from its last price of $2.97. 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 up by 34.68% (from the last price of $2.97 to the average price target of $4), up by 34.68% based on the highest stock price target, and up by 34.68% based on the lowest stock price target.
Can REE Automotive stock reach $4?
REE's average twelve months analyst stock price target of $4 does not support the claim that REE Automotive can reach $4 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 $225M (high $225M, low $225M), average EBITDA is $-135M (high $-135M, low $-135M), average net income is $-84.552M (high $-84.552M, low $-84.552M), average SG&A $1.97T (high $1.97T, low $1.97T), and average EPS is $-7.67 (high $-7.67, low $-7.67). 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 $-29.137M (high $-29.137M, low $-29.137M), average SG&A $5.91T (high $5.91T, low $5.91T), and average EPS is $-2.643 (high $-2.643, low $-2.643).
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 $456.67K by -98.69%. Apple's EBITDA was $-526M, missing the average prediction of $-585M by -10.01%. The company's net income was $-505M, missing the average estimation of $-582M by -13.23%. Apple's SG&A was $262.08M, missing the average forecast of $4B by -93.45%. Lastly, the company's EPS was $-2.14, missing the average prediction of $-5.55 by -61.44%.