
SES AI Corporation (NYSE:SES – Free Report) – Analysts at Cantor Fitzgerald lowered their FY2025 earnings estimates for shares of SES AI in a note issued to investors on Thursday, November 6th. Cantor Fitzgerald analyst D. Soderberg now anticipates that the company will post earnings per share of ($0.13) for the year, down from their previous forecast of ($0.09). Cantor Fitzgerald currently has a “Overweight” rating and a $4.00 target price on the stock. The consensus estimate for SES AI’s current full-year earnings is ($0.23) per share. Cantor Fitzgerald also issued estimates for SES AI’s FY2026 earnings at ($0.11) EPS.
SES AI (NYSE:SES – Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). SES AI had a negative return on equity of 34.07% and a negative net margin of 490.03%.The company had revenue of $7.12 million for the quarter, compared to the consensus estimate of $4.58 million. SES AI has set its FY 2025 guidance at EPS.
View Our Latest Analysis on SES
SES AI Price Performance
NYSE:SES opened at $2.32 on Monday. SES AI has a one year low of $0.20 and a one year high of $3.73. The company has a market cap of $846.64 million, a P/E ratio of -8.27 and a beta of 0.54. The firm’s fifty day moving average price is $2.11 and its two-hundred day moving average price is $1.39.
Institutional Investors Weigh In On SES AI
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Verdence Capital Advisors LLC grew its holdings in shares of SES AI by 42.9% during the third quarter. Verdence Capital Advisors LLC now owns 20,000 shares of the company’s stock worth $33,000 after purchasing an additional 6,000 shares during the last quarter. Savant Capital LLC grew its holdings in SES AI by 32.1% during the 2nd quarter. Savant Capital LLC now owns 58,118 shares of the company’s stock worth $52,000 after acquiring an additional 14,118 shares during the last quarter. Sitrin Capital Management LLC grew its holdings in SES AI by 50.0% during the 2nd quarter. Sitrin Capital Management LLC now owns 60,000 shares of the company’s stock worth $53,000 after acquiring an additional 20,000 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in SES AI by 136.5% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 38,006 shares of the company’s stock valued at $34,000 after acquiring an additional 21,934 shares during the period. Finally, Invesco Ltd. raised its stake in shares of SES AI by 3.1% during the second quarter. Invesco Ltd. now owns 920,259 shares of the company’s stock valued at $817,000 after acquiring an additional 27,765 shares during the last quarter. 29.78% of the stock is owned by institutional investors.
SES AI Company Profile
SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.
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