SES AI Co. (NYSE:SES – Free Report) – Stock analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for SES AI in a report issued on Monday, June 9th. Cantor Fitzgerald analyst D. Soderberg anticipates that the company will post earnings per share of ($0.02) 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.
Separately, Wall Street Zen cut shares of SES AI from a “hold” rating to a “sell” rating in a research report on Sunday.
SES AI Stock Performance
Shares of SES AI stock opened at $1.01 on Wednesday. SES AI has a 52-week low of $0.20 and a 52-week high of $2.53. The stock has a market capitalization of $368.69 million, a price-to-earnings ratio of -4.37 and a beta of 0.41. The company has a fifty day moving average of $0.83 and a 200-day moving average of $0.85.
SES AI (NYSE:SES – Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.03. The company had revenue of $5.79 million during the quarter, compared to the consensus estimate of $2.00 million.
Institutional Investors Weigh In On SES AI
A number of hedge funds have recently bought and sold shares of SES. Savant Capital LLC bought a new position in SES AI during the 4th quarter worth about $66,000. CIBC Asset Management Inc acquired a new position in SES AI in the 4th quarter worth approximately $25,000. SBI Securities Co. Ltd. acquired a new stake in shares of SES AI during the 4th quarter worth approximately $30,000. Raymond James Financial Inc. acquired a new stake in shares of SES AI during the 4th quarter worth approximately $55,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in SES AI in the 4th quarter valued at $254,000. Hedge funds and other institutional investors 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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