Cantor Fitzgerald Comments on SES AI FY2025 Earnings

SES AI Co. (NYSE:SES - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of SES AI in a note issued to investors on Tuesday, May 20th. Cantor Fitzgerald analyst D. Soderberg forecasts that the company will post earnings of ($0.07) per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $2.00 price target on the stock. The consensus estimate for SES AI's current full-year earnings is ($0.23) per share.

SES AI (NYSE:SES - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported ($0.04) earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $0.03. The company had revenue of $5.79 million for the quarter, compared to the consensus estimate of $2.00 million.

SES AI Stock Down 1.9%

Shares of SES stock opened at $0.93 on Thursday. SES AI has a twelve month low of $0.20 and a twelve month high of $2.53. The stock's fifty day simple moving average is $0.72 and its 200 day simple moving average is $0.78. The firm has a market capitalization of $341.91 million, a P/E ratio of -4.05 and a beta of 0.45.

Institutional Trading of SES AI

A number of hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC increased its stake in shares of SES AI by 2,314.7% in the first quarter. AQR Capital Management LLC now owns 1,138,003 shares of the company's stock valued at $593,000 after buying an additional 1,090,875 shares during the period. Ieq Capital LLC bought a new stake in SES AI during the 1st quarter worth approximately $76,000. HITE Hedge Asset Management LLC acquired a new position in SES AI in the 1st quarter valued at approximately $339,000. Nuveen LLC bought a new position in shares of SES AI during the first quarter valued at $233,000. Finally, Invesco Ltd. lifted its holdings in shares of SES AI by 1,537.2% during the first quarter. Invesco Ltd. now owns 892,494 shares of the company's stock worth $465,000 after purchasing an additional 837,982 shares during the period. 29.78% of the stock is owned by institutional investors and hedge funds.

About SES AI

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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