SES AI (NYSE:SES) Shares Down 4.9% - Time to Sell?

Key Points

• Shares fell 4.9% to $2.425 with mid-day volume about 83% below the average, leaving the stock at a market cap of ~$883M and trading above its 200‑day average ($1.37) but near its 50‑day average ($2.06).
• Analyst views are mixed: Cantor Fitzgerald raised its target to $4 and rated the stock overweight, Weiss Ratings reissued a sell (D-), and the consensus is a Hold with a $4 price target.
• SES AI missed EPS expectations last quarter (‑$0.06 vs. ‑$0.05) despite beating revenue estimates ($7.12M vs. $4.58M), and the company remains unprofitable with a very negative net margin (~‑490%) and analysts forecasting about ‑$0.23 EPS for the year.

Shares of SES AI Corporation (NYSE:SES - Get Free Report) dropped 4.9% during mid-day trading on Monday . The company traded as low as $2.45 and last traded at $2.4250. Approximately 3,044,891 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 17,712,318 shares. The stock had previously closed at $2.55.

Wall Street Analysts Forecast Growth

SES has been the topic of several analyst reports. Cantor Fitzgerald raised their target price on SES AI from $2.00 to $4.00 and gave the company an "overweight" rating in a research report on Thursday. Weiss Ratings reissued a "sell (d-)" rating on shares of SES AI in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $4.00.

SES AI Price Performance

The stock has a market cap of $883.22 million, a P/E ratio of -8.66 and a beta of 0.54. The company has a fifty day moving average of $2.06 and a 200 day moving average of $1.37.

SES AI (NYSE:SES - Get Free Report) last issued its quarterly earnings results 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 net margin of 490.03% and a negative return on equity of 34.07%. The firm 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. As a group, analysts anticipate that SES AI Corporation will post -0.23 EPS for the current year.

Hedge Funds Weigh In On SES AI

A number of hedge funds and other institutional investors have recently modified their holdings of SES. Verdence Capital Advisors LLC raised its holdings in SES AI by 42.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 20,000 shares of the company's stock worth $33,000 after buying an additional 6,000 shares during the period. Savant Capital LLC increased its stake in shares of SES AI by 32.1% in the second 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 raised its holdings in shares of SES AI by 50.0% during the second 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 in the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in SES AI by 136.5% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 38,006 shares of the company's stock valued at $34,000 after purchasing an additional 21,934 shares during the last quarter. Finally, Invesco Ltd. boosted its position in 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 purchasing an additional 27,765 shares during the last quarter. Institutional investors and hedge funds own 29.78% of the company's stock.

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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