SES AI Co. (NYSE:SES – Free Report) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of SES AI in a report released on Tuesday, May 20th. Cantor Fitzgerald analyst D. Soderberg anticipates that the company will post earnings per share of ($0.07) for the year. Cantor Fitzgerald has a “Overweight” rating and a $2.00 price target on the stock. The consensus estimate for SES AI’s current full-year earnings is ($0.23) per share.
SES AI (NYSE:SES – Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates 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.
SES AI Stock Down 1.6%
Institutional Investors Weigh In On SES AI
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Cresset Asset Management LLC raised its holdings in SES AI by 94.1% during the fourth quarter. Cresset Asset Management LLC now owns 20,288 shares of the company’s stock valued at $44,000 after acquiring an additional 9,838 shares during the period. Brevan Howard Capital Management LP bought a new stake in SES AI during the fourth quarter valued at about $25,000. CIBC Asset Management Inc bought a new stake in SES AI during the fourth quarter valued at about $25,000. ProShare Advisors LLC raised its holdings in SES AI by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 36,677 shares of the company’s stock valued at $80,000 after acquiring an additional 12,068 shares during the period. Finally, Optas LLC bought a new stake in SES AI during the fourth quarter valued at about $27,000. 29.78% of the stock is owned by institutional investors.
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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