REE Automotive (REE)

• Market cap: $138M
• 1 day: 0.57%
• 5 days: -8.42%
• 1 month: -17.89%
• 3 months: -8.54%
• 6 months: 86.54%
• Year to date: -24.39%
• 1 year: -9.13%
• 5 years: -97.69%
• 10 years: -97.69%
• Sector: Consumer Discretionary
• Industry: Motor Vehicles & Passenger Car Bodies

About: REE Automotive Ltd is an automotive technology company focused on building commercial electric vehicles controlled fully by-wire. The company is developing REEcorner technology which packs critical vehicle components into a single compact module positioned between the chassis and the wheel as well as building commercial Electric Vehicles (EV) leveraging REEcorner technology. The company has geographical preference in Israel, Germany, United States, United Kingdom, and other regions.

Employees: 244

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

348% more call options, than puts

Call options by funds: $529K | Put options by funds: $118K

267% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 3

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

40% more capital invested

Capital invested by funds: $30.2M [Q3] → $42.2M (+$12M) [Q4]

15% more funds holding

Funds holding: 33 [Q3] → 38 (+5) [Q4]

2.23% more ownership

Funds ownership: 23.61% [Q3] → 25.84% (+2.23%) [Q4]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $15 112% upside
• Avg. target: $15 112% upside
• High target: $15 112% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Amit Dayal 32% 1-year accuracy 36 / 113 met price target

112% upside $15

Buy Reiterated

23 Dec 2024