Analyst Price Target is $19.67
▲ +390.44% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for REE Automotive in the last 3 months. The average price target is $19.67, with a high forecast of $30.00 and a low forecast of $14.00. The average price target represents a 390.44% upside from the last price of $4.01.
Current Consensus is
Moderate Buy
The current consensus among 4 investment analysts is to moderate buy stock in REE Automotive. This Moderate Buy consensus rating has held steady for over two years.
REE Automotive Ltd. operates as an automotive technology company in France, the United Kingdom, the United States, and internationally. The company offers REEcorner, a compact module that integrates critical vehicle drive components comprising as steering, braking, suspension, powertrain, and control between the chassis and the wheel; and REEplatform that allows for the addition of a modular and customizable top hat/cabin design based on customer specifications, without requiring modification to the platform. It also provides P7-S Strip Chassis for commercial delivery vehicles and walk-in vans; P7-C Chassis Cab and Cutway Chassis, a class 4 chassis cab fully electric commercial truck for delivery and a range of vocational applications; and P7-B Box Truck, a class 3 box truck built on a P7 cab chassis with its all-wheel drive and all-wheel steer for vehicle control for better handling and safety in adverse conditions. It serves original equipment manufacturer, delivery and logistic fleets, dealers, e-commerce retailers, new mobility players, mobility-as-a-service providers, and autonomous drive companies. The company is headquartered in Herzliya, Israel.
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