SES AI's (SES) "Sell (D-)" Rating Reaffirmed at Weiss Ratings

Key Points

• SES AI's stock has been reaffirmed with a "Sell (D-)" rating by Weiss Ratings, indicating ongoing concerns about its performance.
• Cantor Fitzgerald maintains an "overweight" rating with a price target of $2.00, while the stock has an average rating of "Hold" from analysts.
• SES AI reported a loss of ($0.07) EPS that missed estimates, with quarterly revenue of $3.53 million, below the expected $4.33 million.

SES AI (NYSE:SES - Get Free Report)'s stock had its "sell (d-)" rating reissued by investment analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Separately, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $2.00 price target on shares of SES AI in a research note on Tuesday, June 24th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $2.00.

SES AI Stock Performance

Shares of SES AI stock traded up $0.05 during trading hours on Wednesday, hitting $2.76. The company's stock had a trading volume of 25,234,080 shares, compared to its average volume of 16,007,758. SES AI has a twelve month low of $0.20 and a twelve month high of $3.05. The firm has a fifty day moving average of $1.39 and a 200-day moving average of $1.04. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of -8.90 and a beta of 0.50.

SES AI (NYSE:SES - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The firm had revenue of $3.53 million during the quarter, compared to analyst estimates of $4.33 million. SES AI has set its FY 2025 guidance at EPS. On average, sell-side analysts expect that SES AI will post -0.23 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SES AI

Large investors have recently bought and sold shares of the stock. Hudson Bay Capital Management LP purchased a new stake in SES AI during the 2nd quarter worth about $31,000. Vanguard Personalized Indexing Management LLC increased its holdings in SES AI by 136.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 38,006 shares of the company's stock worth $34,000 after purchasing an additional 21,934 shares during the period. Callan Family Office LLC purchased a new stake in SES AI during the 2nd quarter worth about $38,000. Y Intercept Hong Kong Ltd purchased a new position in shares of SES AI in the 2nd quarter valued at about $41,000. Finally, Signaturefd LLC purchased a new position in shares of SES AI in the 1st quarter valued at about $26,000. Hedge funds and other institutional investors own 29.78% of the company's stock.

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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