REE Automotive Ltd. (NASDAQ:REE) Q3 2024 Earnings Conference Call December 17, 2024 8:30 AM ET Company Participants Keren Shemesh - Chief Marketing Officer Daniel Barel - Chief Executive Officer Josh Tech - Chief Operations Officer Tali Miller - Chief Business Officer Hai Aviv - Chief Financial Officer Conference Call Participants Craig Irwin - ROTH Capital Partners Sameer Joshi - H. C. Wainwright Operator Good day, and thank you for standing by. Welcome to the REE Automotive Third Quarter 2024 Financial Re ...

Demand for Powered by REE vehicles surges as reservations grow by 230% to $137 million* including reservations for production that extend beyond 2025.Significant progress toward integration of REEs software defined vehicle technology (SDV) into leading OEMs in several vehicle categories. Production of flagship P7 medium duty electric truck kicked-off according to plan targeting first deliveries in H1 2025 supported by strategic partner Motherson and Detroit-based Roush Industries. Production ramp up is targ ...

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 quest ...

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 strength ...

The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is REE Automotive Ltd. (REE) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question.REE Automotive Ltd. is one of 102 individual stocks in the Auto-Tires-Trucks sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The ...

- CEO and Co-Founder Daniel Barel will speak on two panels at Reuters Automotive USA in Detroit October 21-23 alongside C-suite representatives from auto-heavyweights - Chief Operations Officer Josh Tech will present at the LD Micro Main Event in Los Angeles October 28-30 TEL AVIV, Israel, Oct. 22, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that CEO and co-founder Daniel Barel will s ...

The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is REE Automotive Ltd. (REE) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. REE Automotive Ltd. is a member of our Auto-Tires-Trucks group, which includes 102 different companies and currently sits at #14 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Za ...

Overview of the Recent Transaction On September 19, 2024, M&G INVESTMENT MANAGEMENT LTD, a prominent investment firm, exceuted a significant transaction by acquiring an additional 2,163,837 shares of REE Automotive Ltd (REE, Financial). This move increased the firm's total holdings in REE to 3,910,851 shares, marking a substantial endorsement of the automotive company's potential. The shares were purchased at a price of $5.78 each, reflecting a strategic addition to M&G's portfolio. Insight into M&G INVESTM ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Stock Performance and Price Targets - REE Automotive Ltd (REE) shares have surged 1282% over the past four weeks closing at $753 [1] - The mean price target from Wall Street analysts is $1160 indicating a potential upside of 541% [1] - Price targets range from a low of $4 to a high of $18 with a standard deviation of $586 [2] - The lowest estimate suggests a 469% decline while the most optimistic estimate points to a 139% upside [2] Analysts' Price Targets and Earnings Estimates - Analysts have revised earnings estimates higher indicating growing optimism about REE's earnings prospects [9] - The Zacks Consensus Estimate for the current year has increased 431% over the past month [10] - REE currently holds a Zacks Rank 2 (Buy) placing it in the top 20% of over 4000 ranked stocks [11] Limitations of Price Targets - Price targets can mislead investors more often than guide them as empirical research shows they rarely predict actual stock price movements [5] - Analysts may set overly optimistic price targets to generate interest in stocks of companies their firms have business relationships with [6] - A low standard deviation in price targets indicates high agreement among analysts but does not guarantee the stock will hit the average target [7] Investment Considerations - While consensus price targets should not be ignored they should be treated with skepticism and not be the sole basis for investment decisions [8] - The direction of price movement implied by price targets can be a useful guide for further research into fundamental driving forces [11]