REE Automotive Ltd. (REE) Social Stream



REE Automotive Ltd. (REE): $3.84

0.24 (-5.88%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

C

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Industry: Auto Parts

Industry

B

Ranked

#50 of 61

in industry

REE AUTOMOTIVE LTD (REE) Price Targets From Analysts

Use the tables below to see what analysts covering REE AUTOMOTIVE LTD think about its future price and what recommendations they have for investors and traders.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-08-19 3 $20 $15 $16.666 $5.76 189.34%
2021-11-30 5 $20 $5 $13 $5.76 125.69%
2022-03-04 5 $20 $5 $12.2 $5.76 111.81%
2022-03-11 6 $13 $2 $8.25 $5.76 43.23%
2022-03-25 6 $13 $1 $6.8 $5.76 18.06%
2022-05-19 6 $10 $1 $5.1 $5.76 -11.46%
2022-06-03 5 $10 $1 $5.25 $5.76 -8.85%
2022-08-17 5 $7.5 $1 $4.083 $5.76 -29.11%
2022-08-29 4 $7.5 $1 $4.083 $5.76 -29.11%
2022-11-17 5 $6 $0.5 $4.1 $5.76 -28.82%
2022-11-18 5 $6 $0.5 $3.2 $5.76 -44.44%
2023-03-20 5 $6 $0.5 $2.8 $5.76 -51.39%
2023-05-24 5 $4 $0.5 $1.75 $5.76 -69.62%
2023-09-07 5 $45.045 $15.015 $30.03 $5.76 421.35%
2023-10-19 5 $45.045 $15.015 $27.022 $5.76 369.13%
2023-10-23 5 $30.03 $5 $17.011 $5.76 195.33%
2023-10-24 4 $18 $4 $10.503 $5.76 82.34%
2023-12-01 4 $18 $4 $8.375 $5.76 45.4%
2023-12-18 5 $18 $4 $9.7 $5.76 68.4%

The Trend in the Analyst Price Target


REE's average price target has moved up $2.9 over the prior 21 months.

REE reports an average of 1,296.02% for its upside potential over the past 39 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-05-25 5 1.500 0.500 1.000 0.390 156.41%
2023-07-11 5 1.500 0.500 1.000 0.395 153.16%
2023-10-19 5 45.045 15.015 27.022 3.240 734.01%
2023-10-23 5 30.030 5.000 17.011 2.780 511.91%
2023-10-24 4 18.000 4.000 7.875 2.560 207.62%

REE Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.6 3 0 0 2 2 5

The Trend in the Broker Recommendations


Over the past 13 months, REE's average broker recommendation rating worsened by 0.4.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for REE as an investment opportunity.

  • REE AUTOMOTIVE LTD's variance in analysts' estimates is lower than -2599.22% of all US stocks.
  • REE has a greater average analyst price target than 280.14% of all US stocks.
  • In terms of how REE AUTOMOTIVE LTD fares relative to Consumer Cyclical stocks, note that its number of analysts covering the stock is greater than 436.28% of that group.
  • To contextualize these metrics, consider that out of stocks in the mid market cap category, REE AUTOMOTIVE LTD's upside potential (average analyst target price relative to current price) is higher than 1327.5% of them.

In terms of price targets and recommendations offered by analysts, the stocks in the Automobiles and Trucks industry with the ratings most similar to REE AUTOMOTIVE LTD are AEVA, GOEV, and GTX.

What is the outlook for REE? Use POWR Ratings for clearer insight into price direction.


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