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REE Automotive Ltd has a consensus price target of $5.72 based on the ratings of 10 analysts. The high is $15 issued by HC Wainwright & Co. on September 27, 2024. The low is $1 issued by Wells Fargo on March 25, 2022. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and Roth MKM on September 27, 2024, May 31, 2024, and May 17, 2024, respectively. With an average price target of $14.67 between HC Wainwright & Co., HC Wainwright & Co., and Roth MKM, there's an implied 47.55% upside for REE Automotive Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for REE Automotive (NASDAQ:REE) was reported by HC Wainwright & Co. on September 27, 2024. The analyst firm set a price target for $15.00 expecting REE to rise to within 12 months (a possible 50.91% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for REE Automotive (NASDAQ:REE) was provided by HC Wainwright & Co., and REE Automotive reiterated their buy rating.
There is no last upgrade for REE Automotive
The last downgrade for REE Automotive Ltd happened on December 1, 2023 when Cantor Fitzgerald changed their price target from N/A to $4 for REE Automotive Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of REE Automotive, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for REE Automotive was filed on September 27, 2024 so you should expect the next rating to be made available sometime around September 27, 2025.
While ratings are subjective and will change, the latest REE Automotive (REE) rating was a reiterated with a price target of $15.00 to $15.00. The current price REE Automotive (REE) is trading at is $9.94, which is out of the analyst’s predicted range.
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