Analyst Price Target is $3.63
▲ +853.95% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for REE Automotive in the last 3 months. The average price target is $3.63, with a high forecast of $6.00 and a low forecast of $1.00. The average price target represents a 853.95% upside from the last price of $0.38.
Current Consensus is
The current consensus among 5 polled investment analysts is to buy stock in REE Automotive. This rating has held steady since February 2023, when it changed from a Hold consensus rating.
REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.