REE Automotive Q1 Adj $(1.96) Misses $(1.60) Estimate, Sales $160.00K Miss $550.00K Estimate

5/30/24 6:35:10 AM ET

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REE Automotive (NASDAQ:REE) reported quarterly losses of $(1.96) per share which missed the analyst consensus estimate of $(1.60) by 22.5 percent. This is a 18.67 percent increase over losses of $(2.41) per share from the same period last year. The company reported quarterly sales of $160.00 thousand which missed the analyst consensus estimate of $550.00 thousand by 70.91 percent.

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Recent Analyst Ratings for
$REE

Date	Price Target	Rating	Analyst
5/17/2024	$14.00	Buy	ROTH MKM
12/1/2023	$4.00 → $4.00	Neutral → Underweight	Cantor Fitzgerald
11/17/2022		Buy → Neutral	BTIG Research
3/25/2022	$1.00	Underweight	Wells Fargo
1/14/2022	$9.00	Overweight	Cantor Fitzgerald
9/14/2021	$5.00	Underweight	Morgan Stanley
8/18/2021	$20.00	Buy	BTIG

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REE Automotive Named CES 2025 Innovation Award Honoree for Software-Defined Vehicle Technology
-The P7-S stripped chassis is a software-defined Class 4-5 electric vehicle (EV) platform that is fully by-wire, autonomous-ready and aims to be the basis for the auto industry to build software-defined vehicles (SDV) -Currently, the P7-S is being evaluated by U-Haul as their first EV solution TEL AVIV, Israel, Nov. 19, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced its P7-S Software-Defined EV Chassis has been named a 2025 CES Innovation Awards® honoree in the Vehicle Tech & Advanced Mobility product category, recognizing the platform'
11/19/24 8:00:00 AM ET
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Auto Manufacturing
Consumer Discretionary
REE Automotive to Report Third Quarter 2024 Financial Results on December 17, 2024
TEL AVIV, Israel, Nov. 18, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its third quarter 2024 financial results before the market opens on Tuesday, December 17, 2024. A webcast and conference call will be held on the same day at 8:30 a.m. ET to review the Company's financial results for the three months ended September 30, 2024, discuss recent events and conduct a question-and-answer session. Event: REE's Third Quarter 2024 Financial Results Conference CallDate: Tuesday, December 17, 2024Time: 8:30 a.m. ETConference Call Dial-In: https://register.veve
11/18/24 4:30:00 PM ET
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Auto Manufacturing
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REE Automotive Strengthens Executive Leadership Team and Board of Directors with Two Key Appointments
TEL AVIV, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the appointment of Rajesh Goel, president at Motherson Group ("Motherson"), to its board of directors and announced the return of Hai Aviv as Chief Financial Officer (CFO) to lead REE's North American expansion. Both appointments take effect on November 15, 2024. Motherson Group is strengthening its commitment to REE, with the appointment of Rajesh Goel to the Board of Directors. Rajesh's extensive automotive background, including his current leadership role at Mothers
11/14/24 8:15:00 AM ET
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$REE
Financials

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REE Automotive to Report Third Quarter 2024 Financial Results on December 17, 2024
TEL AVIV, Israel, Nov. 18, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its third quarter 2024 financial results before the market opens on Tuesday, December 17, 2024. A webcast and conference call will be held on the same day at 8:30 a.m. ET to review the Company's financial results for the three months ended September 30, 2024, discuss recent events and conduct a question-and-answer session. Event: REE's Third Quarter 2024 Financial Results Conference CallDate: Tuesday, December 17, 2024Time: 8:30 a.m. ETConference Call Dial-In: https://register.veve
11/18/24 4:30:00 PM ET
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Consumer Discretionary
REE Automotive to Report Second Quarter 2024 Financial Results on September 26, 2024
TEL AVIV, Israel, Sept. 18, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its second quarter 2024 financial results before the market opens on Sept. 26, 2024. A webcast and conference call will be held on the same date at 8:30 a.m. ET to review the Company's financial results for the three months ended June 30, 2024, discuss recent events and conduct a question-and-answer session. Event: REE's Second Quarter Financial Results Conference CallDate: Thursday, Sept. 26, 2024Time: 8:30 a.m. ETConference Call Dial-In: https://register.vevent.com/register/
9/18/24 8:30:00 AM ET
$REE
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REE Automotive to Report First Quarter 2024 Financial Results on May 30, 2024
TEL AVIV, Israel, May 17, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its first quarter 2024 financial results before market open on Thursday, May 30, 2024. A webcast and conference call will be held on the same date at 8:30 a.m. ET to review the Company's financial results for the three months ended March 31, 2024 , discuss recent events and conduct a question-and-answer session. Event: REE's First Quarter Financial Results Conference CallDate: Thursday, May 30, 2024Time: 8:30 a.m. ETConference Call Dial-InWebcast Reg
5/17/24 8:00:00 AM ET
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Leadership Updates

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REE Automotive Strengthens Executive Leadership Team and Board of Directors with Two Key Appointments
TEL AVIV, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the appointment of Rajesh Goel, president at Motherson Group ("Motherson"), to its board of directors and announced the return of Hai Aviv as Chief Financial Officer (CFO) to lead REE's North American expansion. Both appointments take effect on November 15, 2024. Motherson Group is strengthening its commitment to REE, with the appointment of Rajesh Goel to the Board of Directors. Rajesh's extensive automotive background, including his current leadership role at Mothers
11/14/24 8:15:00 AM ET
$REE
Auto Manufacturing
Consumer Discretionary
REE Automotive Appoints Carlton Rose, Former Global President of Fleet Maintenance and Engineering at UPS, as Chairman of its Board of Directors
TEL AVIV, Israel, Sept. 11, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that Carlton Rose has been appointed Chairman of its Board of Directors (Board), effective upon his re-election to the Board at REE's 2023 Annual Meeting of Shareholders scheduled for October 16, 2023 (AGM). Rose joined REE's Board in June shortly after retiring from a long and distinguished career at UPS where he last served as the president of global fleet maintenance and engineering. "I would like to congratulate Carlton on his appointment as Chairman in such paramount stage for REE as we prep
9/11/23 8:00:00 AM ET
$REE
Auto Manufacturing
Consumer Discretionary
REE Automotive Appoints New Chief Financial Officer, Announces New Board Members to Position the Company for Continued Growth in 2023
TEL-AVIV, Israel, March 15, 2023 (GLOBE NEWSWIRE) -- GlobeNewswire – REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of electric vehicle (EV) platforms, today announced that David Goldberg, who has served as Chief Financial Officer since 2022, will be stepping down from his current executive duties on March 28, 2023, to pursue other career opportunities. He will continue to work with the company through the end of June 2023 in a new role as a senior advisor. David will be succeeded by Mr. Yaron Zaltsman who has been appointed Chief Financial Officer effective March 29, 2023. Mr. Zaltsman is an experienced CFO and Board Member of several publicly listed co
3/15/23 7:15:00 AM ET
$REE
Auto Manufacturing
Consumer Discretionary

REE Automotive Q1 Adj $(1.96) Misses $(1.60) Estimate, Sales $160.00K Miss $550.00K Estimate

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Recent Analyst Ratings for $REE

$REE SEC Filings

SEC Form 6-K filed by REE Automotive Ltd.

SEC Form SCHEDULE 13G filed by REE Automotive Ltd.

SEC Form S-8 filed by REE Automotive Ltd.

$REE Analyst Ratings

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ROTH MKM initiated coverage on REE Automotive with a new price target

REE Automotive downgraded by Cantor Fitzgerald

REE Automotive downgraded by BTIG Research

$REE Press Releases

Fastest customizable press release news feed in the world

REE Automotive Named CES 2025 Innovation Award Honoree for Software-Defined Vehicle Technology

REE Automotive to Report Third Quarter 2024 Financial Results on December 17, 2024

REE Automotive Strengthens Executive Leadership Team and Board of Directors with Two Key Appointments

$REE Financials

Live finance-specific insights

REE Automotive to Report Third Quarter 2024 Financial Results on December 17, 2024

REE Automotive to Report Second Quarter 2024 Financial Results on September 26, 2024

REE Automotive to Report First Quarter 2024 Financial Results on May 30, 2024

$REE Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by REE Automotive Ltd.

Amendment: SEC Form SC 13G/A filed by REE Automotive Ltd.

Amendment: SEC Form SC 13G/A filed by REE Automotive Ltd.

$REE Insider Trading

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SEC Form 4: Weisburd David bought $739,731 worth of Class A Common Stock (123,908 units at $5.97)

SEC Form 4: Thomas Hans bought $1,280,676 worth of Class A Common Stock (222,000 units at $5.77)

$REE Market Insights

Live Market Insights

HC Wainwright & Co. Reiterates Buy on REE Automotive, Maintains $15 Price Target

REE Automotive Confirms Deliveries To Customers Have Begun Including Penske, U-Haul, And Airbus

REE Automotive Q1 Adj $(1.96) Misses $(1.60) Estimate, Sales $160.00K Miss $550.00K Estimate

$REE Leadership Updates

Live Leadership Updates

REE Automotive Strengthens Executive Leadership Team and Board of Directors with Two Key Appointments

REE Automotive Appoints Carlton Rose, Former Global President of Fleet Maintenance and Engineering at UPS, as Chairman of its Board of Directors

REE Automotive Appoints New Chief Financial Officer, Announces New Board Members to Position the Company for Continued Growth in 2023

Recent Analyst Ratings for
$REE

$REE
SEC Filings

$REE
Analyst Ratings

$REE
Press Releases

$REE
Financials

$REE
Large Ownership Changes

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Insider Trading

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Market Insights

$REE
Leadership Updates