NYSE:SES

SES AI (SES) Stock Forecast, Price & News

$2.25

+0.05 (+2.27%)

(As of 09/28/2023 ET)

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Today's Range: $2.14
▼
$2.25
50-Day Range: $1.95
▼
$3.14
52-Week Range: $1.33
▼
$6.42

Volume: 2.03 million shs
Average Volume: 775,890 shs
Market Capitalization: $790.45 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.00

SES AI MarketRank™ Forecast

Analyst Rating: Reduce
1.67 Rating Score
Upside/Downside: 77.8% Upside
$4.00 Price Target
Short Interest: Bearish
4.11% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.06
Based on 9 Articles This Week
Insider Trading: Selling Shares
$933,069 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.24) to ($0.19) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.68 out of 5 stars

Computer And Technology Sector

529th out of 601 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

23rd out of 29 stocks

2.8

Analyst's Opinion

Consensus Rating
SES AI has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $4.00, SES AI has a forecasted upside of 77.8% from its current price of $2.25.
Amount of Analyst Coverage
SES AI has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.11% of the float of SES AI has been sold short.
Short Interest Ratio / Days to Cover
SES AI has a short interest ratio ("days to cover") of 8.4.
Change versus previous month
Short interest in SES AI has recently increased by 1.74%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
SES AI does not currently pay a dividend.
Dividend Growth
SES AI does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SES.

1.7

News and Social Media Coverage

News Sentiment
SES AI has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for SES AI this week, compared to 6 articles on an average week.
Search Interest
Only 7 people have searched for SES on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SES AI insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $933,069.00 in company stock.
Percentage Held by Insiders
15.39% of the stock of SES AI is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 30.39% of the stock of SES AI is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for SES AI are expected to grow in the coming year, from ($0.24) to ($0.19) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SES AI is -11.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of SES AI is -11.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
SES AI has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SES AI (NYSE:SES) Stock

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 Boston, Massachusetts.

SES Price History

30 days | 90 days | 365 days | Advanced Chart

SES Stock News Headlines

September 28, 2023 | theguardian.com

‘Biggest act of copyright theft in history’: thousands of Australian books allegedly used to train AI model

September 28, 2023 | msn.com

Uber Freight Taps AI to Compete in Tough Cargo Market

September 28, 2023 | Micro-Cap Stock Trader (Ad)

Unlock the treasure on Mount Olympus with this little-known mining stock.

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 28, 2023 | markets.businessinsider.com

EQS-News: DATAGROUP SE: DATAGROUP is a partner of the German AI Award and sets the course for the next generation of IT service production

September 27, 2023 | tmcnet.com

UnitX Raises $5M from SE Ventures to Elevate Manufacturing Quality with AI-powered Defect Detection

September 27, 2023 | forbes.com

Does Take A Deep Breath As A Prompting Strategy For Generative AI Really Work Or Is It Getting Unfair Overworked Credit

September 25, 2023 | finanznachrichten.de

SES AI Corporation Reports Fourth Quarter 2022 Financial Results

September 24, 2023 | americanbankingnews.com

SES AI (NYSE:SES) Trading Down 4.7%

September 28, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 23, 2023 | forbes.com

Latest Prompt Engineering Technique Chain-Of-Verification Does A Sleek Job Of Keeping Generative AI Honest And Upright

September 22, 2023 | msn.com

How companies are embracing generative AI for employees…or not

September 21, 2023 | venturebeat.com

ServiceNow Vancouver launches with domain-specific generative AI smarts, new automation tools

September 20, 2023 | forbes.com

Prompt Engineering New Chain-Of-Density Technique Prompts Generative AI Toward Smartly Jampacking Crucial Content

September 20, 2023 | msn.com

Kent County Council looking at AI technology

September 20, 2023 | ft.com

AI could consign educational traumas to history

September 14, 2023 | businessinsider.com

Read the 12-page pitch deck 2 brothers used to raise $2 million for Strada, an AI startup to streamline content creation

September 14, 2023 | businessinsider.com

Is Arm Holdings a smart way to play the booming AI market? Experts break down 2023's biggest IPO, and why you should invest with caution.

September 13, 2023 | msn.com

Coke invites you to taste AI-created mystery flavor

September 13, 2023 | finance.yahoo.com

SES AI Corporation's (NYSE:SES) largest shareholders are public companies with 26% ownership, institutions own 21%

September 12, 2023 | msn.com

Despite the hype, generative AI is not a significant chunk of enterprise cloud spend

September 11, 2023 | actusnews.com

SES-imagotag: Strong earnings growth and positive cash flow in the first half of 2023

September 11, 2023 | forbes.com

This State-Of-The-Art Directional-Stimulus Prompt Engineering Technique For Generative AI Earns Bigtime Payoffs Via Hints

September 8, 2023 | forbes.com

Prompt Engineering Embraces Tree-Of-Thoughts As Latest New Technique To Solve Generative AI Toughest Problems

September 7, 2023 | forbes.com

AI Research Lab Imbue Nabs $200 Million For Speculative Bet To Build AI ‘Agents’

September 6, 2023 | sg.news.yahoo.com

5 neat AI startups from Y Combinator's Summer 2023 batch

September 6, 2023 | techcrunch.com

5 neat AI startups from Y Combinator’s Winter 2023 batch

September 6, 2023 | forbes.com

Navigating The Biases In LLM Generative AI: A Guide To Responsible Implementation

See More Headlines

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SES Company Calendar

Last Earnings: 8/08/2023
Today: 9/28/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:SES
CUSIP: N/A
CIK: 1819142
Web: www.ivanhoecapitalacquisition.com
Phone: 339-298-8750
Fax: N/A
Employees: 200
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $4.00
High Stock Price Forecast: $4.00
Low Stock Price Forecast: $4.00
Forecasted Upside/Downside: +81.8%
Consensus Rating: Reduce
Rating Score (0-4): 1.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.20)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-50,990,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -17.11%
Return on Assets: -15.27%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 22.26
Quick Ratio: 22.25

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.12 per share
Price / Book: 1.96

Miscellaneous

Outstanding Shares: 351,310,000
Free Float: 297,243,000
Market Cap: $772.88 million
Optionable: Optionable
Beta: 2.83

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Key Executives

Dr. Qichao Hu (Age 37)
Founder, Chairman & CEO
Comp: $979.66k

Mr. Rohit Makharia (Age 45)
Pres & Chief Strategy Officer
Comp: $659.96k

Ms. Jing Liu Nealis (Age 43)
Chief Financial Officer
Comp: $661.6k

Mr. Yongkyu Son (Age 47)
Chief Technology Officer
Comp: $353.7k

Dr. Hong Gan (Age 62)
Chief Science Officer
Comp: $454.2k

Lei Peng
Co Founder and Bus. Advisor

Eric Goldstein
VP of Investor Relations

Mr. Mike Kraus CLP
VP of IP & Compliance

Mr. Kyle Pilkington (Age 41)
Chief Legal Officer

Mr. Hans Kim
VP & Head of KOREA

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SES Stock - Frequently Asked Questions

Should I buy or sell SES AI stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SES AI in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SES shares.
View SES analyst ratings or view top-rated stocks.
What is SES AI's stock price forecast for 2023?: 3 Wall Street research analysts have issued 12 month target prices for SES AI's shares. Their SES share price forecasts range from $4.00 to $4.00. On average, they anticipate the company's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 81.8% from the stock's current price.
View analysts price targets for SES or view top-rated stocks among Wall Street analysts.
How have SES shares performed in 2023?: SES AI's stock was trading at $3.15 at the beginning of 2023. Since then, SES shares have decreased by 30.2% and is now trading at $2.20.
View the best growth stocks for 2023 here.
Are investors shorting SES AI?: SES AI saw a decrease in short interest in August. As of August 31st, there was short interest totaling 6,340,000 shares, a decrease of 24.9% from the August 15th total of 8,440,000 shares. Based on an average trading volume of 1,080,000 shares, the days-to-cover ratio is presently 5.9 days. Approximately 4.7% of the company's shares are sold short.
View SES AI's Short Interest.
When is SES AI's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our SES earnings forecast.
How were SES AI's earnings last quarter?: SES AI Co. (NYSE:SES) posted its earnings results on Tuesday, August, 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.02.

What ETFs hold SES AI's stock?: ETFs with the largest weight of SES AI (NYSE:SES) stock in their portfolio include Invesco WilderHill Clean Energy ETF (PBW) and VanEck Green Infrastructure ETF (RNEW).
What is SES AI's stock symbol?: SES AI trades on the New York Stock Exchange (NYSE) under the ticker symbol "SES."
Who are SES AI's major shareholders?: SES AI's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.49%), Geode Capital Management LLC (0.75%), State Street Corp (0.75%), Northern Trust Corp (0.32%), Charles Schwab Investment Management Inc. (0.29%) and Nuveen Asset Management LLC (0.12%). Insiders that own company stock include Hong Gan, Jing Nealis, Joanne Ban, Kyle Pilkington, Qichao Hu, Rohit Makharia and Yongkyu Son.
View institutional ownership trends.
How do I buy shares of SES AI?: Shares of SES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is SES AI's stock price today?: One share of SES stock can currently be purchased for approximately $2.20.
How much money does SES AI make?: SES AI (NYSE:SES) has a market capitalization of $772.88 million. The company earns $-50,990,000.00 in net income (profit) each year or ($0.20) on an earnings per share basis.
How many employees does SES AI have?: The company employs 200 workers across the globe.
How can I contact SES AI?: SES AI's mailing address is 1177 AVENUE 5TH FLOOR, NEW YORK NY, 10036. The official website for the company is www.ivanhoecapitalacquisition.com. The company can be reached via phone at 339-298-8750.

This page (NYSE:SES) was last updated on 9/28/2023 by MarketBeat.com Staff

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