Analysts Issue Forecasts for SES AI FY2025 Earnings

SES AI Co. (NYSE:SES) – Investment analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of SES AI in a note issued to investors on Tuesday, May 20th. Cantor Fitzgerald analyst D. Soderberg expects that the company will earn ($0.07) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $2.00 target price on the stock. The consensus estimate for SES AI’s current full-year earnings is ($0.23) per share.

SES AI (NYSE:SES) last issued its quarterly earnings data on Thursday, April 24th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.03. The company had revenue of $5.79 million for the quarter, compared to analyst estimates of $2.00 million.

SES AI Stock Up 2.9%

SES opened at $0.97 on Thursday. The firm has a market capitalization of $354.01 million, a P/E ratio of -4.20 and a beta of 0.45. The stock’s 50 day moving average price is $0.72 and its two-hundred day moving average price is $0.79. SES AI has a 12-month low of $0.20 and a 12-month high of $2.53.

Institutional Trading of SES AI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cresset Asset Management LLC grew its holdings in SES AI by 94.1% in the 4th quarter. Cresset Asset Management LLC now owns 20,288 shares of the company’s stock valued at $44,000 after buying an additional 9,838 shares during the last quarter. Brevan Howard Capital Management LP acquired a new stake in SES AI in the 4th quarter valued at approximately $25,000. CIBC Asset Management Inc acquired a new stake in SES AI in the 4th quarter valued at approximately $25,000. ProShare Advisors LLC grew its holdings in SES AI by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 36,677 shares of the company’s stock valued at $80,000 after buying an additional 12,068 shares during the last quarter. Finally, Optas LLC acquired a new stake in SES AI in the 4th quarter valued at approximately $27,000. 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.