REE Automotive Ltd
General ticker "REE" information:
- Sector: Consumer Discretionary
- Industry: Automobile Components
- Capitalization: $107.1M
REE Automotive Ltd follows the US Stock Market performance with the rate: 26.9%.
Estimated limits based on current volatility of 6.3%: low 8.18$, high 9.27$
Factors to consider:
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [2.09$, 7.90$]
- 2024-12-30 to 2025-12-30 estimated range: [1.22$, 4.48$]
Financial Metrics affecting the REE estimates:
- Negative: Non-GAAP EPS, $ of -9.60 <= 0.10
- Negative: Operating profit margin, % of -98.68 <= 1.03
- Negative: Operating cash flow per share per price, % of -63.70 <= 2.35
- Negative: negative Net income
- Positive: 2.14 < Industry operating profit margin (median), % of 3.32
- Positive: Investing cash flow per share, $ of 4.92 > -0.12
- Positive: 1.31 < Industry earnings per price (median), % of 2.13
Short-term REE quotes
Long-term REE plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $0.01MM | $0.00MM | $1.61MM |
| Operating Expenses | $515.50MM | $127.97MM | $121.50MM |
| Operating Income | $-515.50MM | $-127.97MM | $-119.89MM |
| Non-Operating Income | $11.45MM | $22.30MM | $4.32MM |
| Interest Expense | $0.00MM | $41.81MM | $0.00MM |
| R&D Expense | $252.42MM | $78.22MM | $82.66MM |
| Income(Loss) | $-504.05MM | $-105.67MM | $-115.57MM |
| Taxes | $1.28MM | $1.75MM | $-1.36MM |
| Profit(Loss) | $-505.33MM | $-107.42MM | $-114.21MM |
| Stockholders Equity | $250.40MM | $175.41MM | $78.08MM |
| Inventory | $0.00MM | $9.16MM | $0.46MM |
| Assets | $292.94MM | $215.01MM | $137.90MM |
| Operating Cash Flow | $-59.14MM | $-112.58MM | $-89.27MM |
| Capital expenditure | $2.42MM | $11.06MM | $3.75MM |
| Investing Cash Flow | $-0.75MM | $-106.83MM | $49.62MM |
| Financing Cash Flow | $291.30MM | $2.43MM | $23.97MM |
| Earnings Per Share* | $-64.34 | $-10.98 | $-11.32 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.