SES AI Co. (NYSE:SES – Free Report) – Investment 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 expects that the company will earn ($0.02) per share for the year. Cantor Fitzgerald currently 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.
Separately, Wall Street Zen lowered SES AI from a “hold” rating to a “sell” rating in a research note on Sunday.
SES AI Stock Performance
NYSE:SES opened at $1.01 on Wednesday. SES AI has a 1 year low of $0.20 and a 1 year 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 stock has a fifty day moving average price of $0.83 and a two-hundred day moving average price of $0.85.
SES AI (NYSE:SES – Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.03. The firm had revenue of $5.79 million during the quarter, compared to analyst estimates of $2.00 million.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position in SES AI by 151.8% during the fourth quarter. JPMorgan Chase & Co. now owns 460,665 shares of the company’s stock valued at $1,009,000 after buying an additional 277,688 shares during the period. Savant Capital LLC bought a new stake in SES AI during the 4th quarter worth approximately $66,000. Mariner LLC boosted its position in SES AI by 117.3% in the 4th quarter. Mariner LLC now owns 83,931 shares of the company’s stock valued at $184,000 after buying an additional 45,303 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of SES AI in the 4th quarter worth $254,000. Finally, Bank of Montreal Can acquired a new stake in SES AI during the 4th quarter worth $48,000. 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.
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