REE Automotive
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
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
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
442%
upside
Avg. target
$15
442%
upside
High target
$15
442%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
HC Wainwright & Co. Amit Dayal 29% 1-year accuracy 2 / 7 met price target | 442%upside $15 | Buy Reiterated | 19 Mar 2025 |
Financial journalist opinion
Based on 4 articles about REE published over the past 30 days
Neutral
GlobeNewsWire
5 days ago
REE Automotive to Report Fourth-Quarter and Fiscal Year 2024 Financial Results on April 29, 2025
TEL AVIV, Israel, March 28, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops and builds software-defined electric vehicles, today announced it will report its fourth-quarter and fiscal year 2024 financial results before market opens on Tuesday, April 29, 2025.
Neutral
GlobeNewsWire
1 week ago
REE Automotive Announces Increase in Previously Announced Registered Direct Offering to $36.4 Million with Pricing of Additional $9.4 Million at Premium to Market, Led by Strategic Investor Motherson Group
Motherson Group and M&G Investment led the round and held their ownership stake in the company Pricing is in addition to the previously announced $27 million offering New capital further strengthens REE's cash position ahead of planned vehicle deliveries for nearly $1 billion in reservations TEL AVIV, Israel, March 26, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined electric vehicles, today announced that it has entered into securities purchase agreements with certain existing strategic investors, including M&G Investments and Motherson Group, for the purchase and sale of 2,219,176 ordinary shares at a purchase price of $4.25 per share, pursuant to a registered direct offering, resulting in gross proceeds of up to approximately $9.4 million at closing(s) before deducting placement agent commissions and other offering expenses.
Neutral
GlobeNewsWire
2 weeks ago
REE Automotive Announces Pricing of $27 Million Registered Direct Offering of Ordinary Shares
Additional Proceeds Are invited into a Second Closing from Existing Strategic Investors Additional Proceeds Are invited into a Second Closing from Existing Strategic Investors
Neutral
GlobeNewsWire
2 weeks ago
REE Automotive Signs MOU for Software-Defined Technology with One of The Leading Technology Companies, Paving the Way Toward Multi-Year, Large-Volume Autonomous Vehicles Framework Agreement
REE is intended to be the exclusive provider of software-defined vehicle technology to this leading tech company in multiple global markets Definitive long-term collaboration agreement expected in 2025, leveraging REE's P7 platform to deliver thousands of autonomous vehicles by 2030 with start of production expected in 2027 Targeting revenue from the strategic collaboration agreement of up to $770 million by 2030 with software and services revenue expected to begin in H2 2025 TEL AVIV, Israel, March 18, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ: REE), an automotive technology company that develops and builds software-defined electric vehicles, entered into a non-binding memorandum of understanding (MOU) with a global technology company developing and marketing new mobility solutions for passenger and freight transport.
Neutral
GlobeNewsWire
1 month ago
REE Automotive to Host Ride & Drive of P7-C Software Defined Electric Truck at NTEA Work Truck Week 2025
Work Truck Week attendees can get behind the wheel of the first U.S.-certified full-by-wire vehicle P7-C with a Wabash high floor box and lift gate will be on display at REE's booth #1843; P7-C with the Knapheide stakebed body will be available for outdoor ride & drives at the Indiana Convention Center REE recently received California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) approval, unlocking up to $60,000 in incentives for California Fleets under the state's current tax incentive program REE's collaboration with Geotab network aims to bring advanced data analytics to fleets using REE's software defined vehicles (SDVs) INDIANAPOLIS, Feb. 25, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, will exhibit at the National Truck and Equipment Association's (NTEA) Work Truck Week from March 4-7, 2025, at the Indiana Convention Center.
Neutral
GlobeNewsWire
1 month ago
REE Automotive Collaborates with Geotab to Provide Advanced Data Analytics to Fleets
REE's software defined vehicles (“SDV”) deliver more real-time data than traditional commercial solutions Geotab to gain access to REEai Cloud for advanced data analytics aimed to reduce total cost of ownership (“TCO”) for expanding North American fleet Geotab fleet management solution enables fleets to monitor REE's SDVs and other vehicles seamlessly, while significantly enhancing the cache of data quality and volume TEL AVIV, Israel, Feb. 20, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced a collaboration with Geotab, a global leader in telematics and fleet management solutions.
Neutral
GlobeNewsWire
1 month ago
Mission Mobile Medical and REE Automotive Collaborate to Transport Healthcare to Millions of Rural Americans
Mission Mobile , one of the world's largest mobile health compan ies, intends to build its new mobile healthcare fleet on REE's P7 electric truck s . New Powered by REE fleet will aim to expand Mission Mobile's 200 mobile healthcare programs targeting more than two million Americans in 42 states who currently do not have equitable healthcare access.
Neutral
GlobeNewsWire
2 months ago
REE Automotive to Participate in Sidoti Micro-Cap Virtual Conference
CEO and co-founder Daniel Barel will host a company presentation at 8:30 a.m. ET on Thursday, January 23 and CFO Hai Aviv will meet one-on-one with potential investors CEO and co-founder Daniel Barel will host a company presentation at 8:30 a.m. ET on Thursday, January 23 and CFO Hai Aviv will meet one-on-one with potential investors
Neutral
GlobeNewsWire
2 months ago
REE Automotive to Participate in 27th Annual Needham Growth Conference
Company management will participate in 1-on-1 meetings with institutional, private equity, and venture capital investors Company management will participate in 1-on-1 meetings with institutional, private equity, and venture capital investors
Neutral
Seeking Alpha
3 months ago
REE Automotive Ltd. (REE) Q3 2024 Earnings Call Transcript
REE Automotive Ltd. (NASDAQ:REE ) Q3 2024 Earnings Conference Call December 17, 2024 8:30 AM ET Company Participants Keren Shemesh - Chief Marketing Officer Daniel Barel - Chief Executive Officer Josh Tech - Chief Operations Officer Tali Miller - Chief Business Officer Hai Aviv - Chief Financial Officer Conference Call Participants Craig Irwin - ROTH Capital Partners Sameer Joshi - H.
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