REE Automotive Ltd.'s (NASDAQ:REE) Shift From Loss To Profit [Yahoo! Finance]
REE Automotive Ltd. - Class A Ordinary Shares (REE)
Company Research
Source: Yahoo! Finance
REE Automotive Ltd. operates as an automotive technology company in Israel, the United Kingdom, the United States, Germany, and internationally. On 31 December 2023, the US$63m market-cap company posted a loss of US$114m for its most recent financial year. Many investors are wondering about the rate at which REE Automotive will turn a profit, with the big question being “when will the company breakeven?” We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate. See our latest analysis for REE Automotive REE Automotive is bordering on breakeven, according to the 4 American Auto Components analysts. They expect the company to post a final loss in 2025, before turning a profit of US$12m in 2026. Therefore, the company is expected to breakeven roughly 2 years from today. How fast will the company have to grow each year in order to reach the breakeven point by 2026? Working backwards from analyst estimates, i
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News
- All You Need to Know About REE Automotive (REE) Rating Upgrade to Buy [Yahoo! Finance]Yahoo! Finance
- Will natural gas payback beat EV adoption? [Yahoo! Finance]Yahoo! Finance
- REE Automotive Ltd. (NASDAQ:REE) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- REE Automotive Ltd. (NASDAQ: REE) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $15.00 price target on the stock.MarketBeat
- REE Automotive Reports Fourth Quarter and Fiscal Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
REE
Earnings
- 3/27/24 - Miss
REE
Sec Filings
- 4/9/24 - Form SC
- 4/5/24 - Form 144
- 4/1/24 - Form 144
- REE's page on the SEC website