REE Automotive is an automotive technology leader creating the cornerstone for tomorrow's zero-emission vehicles. REE's mission is to empower global mobility companies to build any size or shape of electric or autonomous vehicle - from class 1 through class 6 - for any application and any target market. Our revolutionary, award-winning REEcorner technology packs traditional vehicle drive components (steering, braking, suspension, powertrain and control) into the arch of the wheel, allowing for the industry's flattest EV platform. Unrestricted by legacy thinking, REE is a truly horizontal player, with technology applicable to the widest range of target markets and applications. Fully scalable and completely modular, REE offers multiple customer benefits including complete vehicle design freedom, more space and volume with the smallest footprint, lower TCO, faster development times, ADAS compatibility, reduced maintenance and global safety standard compliance.
Company profile
Ticker
REE
Exchange
Website
Employees
Location
Sector
Industry (SIC)
Toyota Motor • Ford Motor • General Motors • Paccar • Navistar International • XPeng • Li Auto • Rivian Automotive • NIO • WABCO ...
SEC CIK
REE stock data
Analyst ratings and price targets
Current price
Average target
$3.25
Low target
$0.50
High target
$6.00
Cowen & Co.
Maintains
$6.00
Wells Fargo
Maintains
$0.50
Latest filings (excl ownership)
6-K
Current report (foreign)
19 Jan 23
6-K
Report of Foreign Private Issuer
5 Jan 23
6-K
Report of Foreign Private Issuer
1 Dec 22
6-K
REE Automotive Announces Third Quarter 2022 Financial Results
16 Nov 22
6-K
REE Automotive Ltd. Updates That It Has Received Nasdaq Notification Regarding Minimum Bid Price Requirement
10 Nov 22
6-K
Current Report
20 Oct 22
25-NSE
Exchange delisting
7 Oct 22
6-K
Report of Foreign Private Issuer
3 Oct 22
424B3
Prospectus supplement
29 Sep 22
424B3
Prospectus supplement
23 Sep 22
Financial summary
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| Annual (USD) | Dec 21 | Jul 21 | |
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Institutional ownership, Q3 2022
31.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 62 |
| Opened positions | 53 |
| Closed positions | 6 |
| Increased positions | 3 |
| Reduced positions | 4 |
| 13F shares | Current |
|---|---|
| Total value | 55.57 mm |
| Total shares | 76.12 mm |
| Total puts | 66.70 k |
| Total calls | 128.10 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| PXGPE Phoenix | 19.24 mm | $11.89 mm |
| M&G Investment Management | 15.49 mm | $15.49 mm |
| Clal Insurance Enterprises | 13.76 mm | $9.38 mm |
| Millennium Management | 6.62 mm | $4.51 mm |
| Kim | 5.00 mm | $3.41 mm |
| Sonic Fund II | 3.60 mm | $2.46 mm |
| GS Goldman Sachs | 1.59 mm | $1.08 mm |
| Luxor Capital | 1.50 mm | $1.02 mm |
| Renaissance Technologies | 1.22 mm | $834.00 k |
| MS Morgan Stanley | 913.12 k | $622.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 Sep 21 | Hans Thomas | Class A Common Stock | Buy | Acquire P | Yes | No | 5.66 | 60,963 | 345.05 k | 6,653,250 |
| 1 Sep 21 | Hans Thomas | Class A Common Stock | Buy | Acquire P | Yes | No | 5.81 | 161,037 | 935.62 k | 6,592,287 |
| 1 Sep 21 | David Weisburd | Class A Common Stock | Buy | Acquire P | Yes | No | 5.97 | 123,908 | 739.73 k | 123,908 |
News
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27 Jan 23
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17 Jan 23
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6 Jan 23
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29 Dec 22
Press releases
REE Automotive Names Microvast as Battery Pack Supplier for Its Commercial EV Platforms
26 Jan 23
Thinking about buying stock in Grab, Evolv Technologies, Phunware, HUYA, or REE Automotive?
16 Nov 22
REE Automotive Announces Third Quarter 2022 Financial Results
16 Nov 22
REE Automotive Ltd. Updates That It Has Received Nasdaq Notification Regarding Minimum Bid Price Requirement
10 Nov 22