REE Automotive Ltd -CL A

REE Automotive Ltd -CL A

REE Automotive Ltd is a technology company based in Israel. It specializes in the field of automotive technology and the production of EV platforms based on REE - REEcorner technology. They are located between the reason and the wheel and use x-by-wire to control full drive-by-wire, brake-by-wire and steer-by-wire.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts suggest holding REE Automotive's stock, with a target price of $5.33 indicating future potential.

Below Average

Financial Health

REE Automotive is struggling to generate revenue and has a low book value per share.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You’ll Want to Watch This Stock

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