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Stock impact report

REE Automotive Ltd. (NASDAQ:REE): Is Breakeven Near? [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 France, the United Kingdom, the United States, Germany, and internationally. With the latest financial year loss of US$112m and a trailing-twelve-month loss of US$100m, the US$23m market-cap company alleviated its loss by moving closer towards its target of breakeven. As path to profitability is the topic on REE Automotive's investors mind, we've decided to gauge market sentiment. In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. According to the 2 industry analysts covering REE Automotive, the consensus is that breakeven is near. They expect the company to post a final loss in 2027, before turning a profit of US$28m in 2028. So, the company is predicted to breakeven approximately 3 years from today. How fast will the compan Show less Read more
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