$ 0.77
Key Takeaways
Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is 'cheap' on EV/EBITDA.
Target Price
The average target price of REE is 2.1 and suggests 167% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas
