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


OverviewRevenueOwnershipFinancialsChartTranscripts

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.

$3 $4 $5 $6 $7 $8 $9 High: $4 Avg: $4 Low: $4 Last Closed Price: $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
Total 4 0 1 1 2 Strong Sell Sell Hold Buy Strong Buy

REE Forecast vs Benchmarks


TypeNameUpside
StockREE Automotive-53.81%
SectorConsumer Cyclical Stocks 4.57%
IndustryRecreational Vehicle (RV) Stocks42.81%
IdeaElectric Vehicle Stocks List-6.34%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$4.00
Last Closing Price$8.66$8.66$8.66
Upside/Downside---53.81%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2521---3
Dec, 2422---4
Nov, 2424---6
Oct, 24-4---4
Sep, 24-4---4
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 28, 2024Colin LanganWells Fargo$4.00$5.99-33.22%-53.81%
Nov 17, 2022Wells Fargo$0.50$0.65-23.08%-94.23%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Mar 28, 2024Wells FargoUnderweightUnderweighthold
Mar 17, 2023Cantor FitzgeraldOverweightinitialise
Nov 17, 2022Cowen & Co.OutperformOutperformhold
Nov 17, 2022Wells FargoUnderweightUnderweighthold
Nov 17, 2022BTIGNeutraldowngrade

Financial Forecast


EPS Forecast

$-90 $-70 $-50 $-30 $-10 $10 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-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

$0 $150M $300M $450M $600M $750M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 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

$-900M $-700M $-500M $-300M $-100M $100M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-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%-----

REE Forecast FAQ


Is REE Automotive stock a buy?

REE Automotive stock has a consensus rating of Buy, based on 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 1 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that REE Automotive is a favorable investment for most analysts.

What is REE Automotive's price target?

REE Automotive's price target, set by 4 Wall Street analysts, averages $4 over the next 12 months. The price target range spans from $4 at the low end to $4 at the high end, suggesting a potential -53.81% change from the previous close price of $8.66.

How does REE Automotive stock forecast compare to the average forecast of its sector, industry, and investment themes?

REE Automotive stock forecast shows a -53.81% downside, underperforming the average forecast for the consumer cyclical stocks sector (4.57%) and underperforming the recreational vehicle (rv) stocks industry (42.81%), trailing the Electric Vehicle Stocks List (-6.34%) investment theme.

What is the breakdown of analyst ratings for REE Automotive over the past three months?

  • January 2025: 66.67% Strong Buy, 33.33% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 50.00% Strong Buy, 50.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 33.33% Strong Buy, 66.67% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is REE Automotive’s EPS forecast?

REE Automotive's average annual EPS forecast for its fiscal year ending in December is -6.48 for 2024, a -42.76% decrease from the reported $-11.32 in 2023. The prediction for 2025 is $-4.47, $-0.91 for 2026, $-0.63 for 2027, and $0.66 for 2028.

What is REE Automotive’s revenue forecast?

REE Automotive's average annual revenue forecast for its fiscal year ending in December is $185.5K for 2024, a -88.46% decrease from the reported $1.61M in 2023. The forecast for 2025 is $40M, $492.18M for 2026, $394.81M for 2027, and $481.96M for 2028.

What is REE Automotive’s net income forecast?

For its fiscal year ending in December, REE Automotive's average annual net income forecast is $-65.366M for 2024, reflecting a -42.77% decrease from the reported $-114M in 2023. The projection for 2025 is $-45.04M, $-12.886M for 2026, $-6.355M for 2027, and $6.66M for 2028.