REE Automotive (REE) Stock Forecast & Price Target

$7.54

+1.16 (+18.18%)

(As of 09/27/2024 ET)

REE Automotive - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 4 Analyst Ratings

Sell
1

Hold
0

Buy
3

Based on 4 Wall Street analysts who have issued ratings for REE Automotive in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 1 has given a sell rating, 2 have given a buy rating, and 1 has given a strong buy rating for REE.

Consensus Price Target

$14.50
92.31% Upside

According to the 4 analysts' twelve-month price targets for REE Automotive, the average price target is $14.50. The highest price target for REE is $15.00, while the lowest price target for REE is $14.00. The average price target represents a forecasted upside of 92.31% from the current price of $7.54.

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REE Analyst Ratings Over Time

Type	Current Forecast 9/30/23 to 9/29/24	1 Month Ago 8/31/23 to 8/30/24	3 Months Ago 7/2/23 to 7/1/24	1 Year Ago 9/30/22 to 9/30/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$14.50	$19.67	$19.67	$108.75
Forecasted Upside	92.31% Upside	434.42% Upside	399.15% Upside	2,372.71% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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REE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

REE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

REE Automotive Stock vs. The Competition

Type	REE Automotive	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	2.75	2.46	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	92.31% Upside	141.76% Upside	6.16% Upside
News Sentiment Rating	Neutral News See Recent REE News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/27/2024	HC Wainwright 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$15.00 ➝ $15.00	+135.11%
5/17/2024	Roth Capital 3 of 5 stars	C. Irwin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
5/17/2024	Roth Mkm 1 of 5 stars		Initiated Coverage	Buy	$14.00	+196.61%
12/1/2023	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Sheppard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Underweight
11/17/2022	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$120.00 ➝ $45.00	+134.37%
11/17/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$225.00 ➝ $180.00	+769.44%
11/16/2022	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 09:36 PM ET.

REE Forecast - Frequently Asked Questions

: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for REE Automotive is $14.50, with a high forecast of $15.00 and a low forecast of $14.00.
: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for REE Automotive in the last year. There is currently 1 sell rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" REE shares.
: According to analysts, REE Automotive's stock has a predicted upside of 92.31% based on their 12-month stock forecasts.
: REE Automotive has been rated by research analysts at HC Wainwright in the past 90 days.
: Analysts like REE Automotive more than other "auto/tires/trucks" companies. The consensus rating for REE Automotive is Moderate Buy while the average consensus rating for "auto/tires/trucks" companies is Hold. Learn more on how REE compares to other companies.

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This page (NASDAQ:REE) was last updated on 9/29/2024 by MarketBeat.com Staff

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