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REE Automotive (REE)

(Real Time Quote from BATS)

$4.22 USD

4.22
25,580

-0.17 (-3.87%)

Updated Jun 5, 2024 02:14 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value C Growth B Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 30% (173 out of 248)

Industry: Automotive - Original Equipment

Better trading starts here.

Zacks News

REE Automotive Ltd. (REE) Reports Q1 Loss, Lags Revenue Estimates

REE Automotive (REE) delivered earnings and revenue surprises of -8.29% and 60%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Marvell (MRVL) to Report Q1 Earnings: What's in the Offing?

Marvell's (MRVL) Q1 performance is likely to have been affected by weakness in its product demand as enterprises are postponing their large IT spending plans amid macroeconomic uncertainties.

SentinelOne (S) to Report Q1 Earnings: What's in the Cards?

SentinelOne's (S) first-quarter fiscal 2025 performance is expected to have benefited from its robust growth in the Singularity platform.

HP (HPQ) Gears Up to Report Q2 Earnings: What's in Store?

HP's (HPQ) second-quarter fiscal 2024 performance is likely to have benefited from disciplined cost management and a better product mix.

All You Need to Know About REE Automotive (REE) Rating Upgrade to Buy

REE Automotive (REE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Wall Street Analysts Predict a 62.4% Upside in REE Automotive Ltd. (REE): Here's What You Should Know

The consensus price target hints at a 62.4% upside potential for REE Automotive Ltd. (REE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.