Analyst Price Target is $14.50
▲ +90.04% 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 $14.50, with a high forecast of $15.00 and a low forecast of $14.00. The average price target represents a 90.04% upside from the last price of $7.63.
Current Consensus is
Moderate Buy
The current consensus among 4 polled investment analysts is to moderate buy stock in REE Automotive. This rating has held steady since May 2024, when it changed from a Hold consensus rating.
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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