SES AI Co. (NYSE:SES – Free Report) – Stock analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for shares of SES AI in a research report issued to clients and investors on Monday, June 9th. Cantor Fitzgerald analyst D. Soderberg forecasts that the company will post earnings of ($0.02) per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $2.00 price objective 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 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.
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SES AI Stock Down 2.0%
Shares of SES AI stock opened at $0.99 on Wednesday. The firm has a market cap of $363.26 million, a price-to-earnings ratio of -4.31 and a beta of 0.41. The business has a fifty day simple moving average of $0.84 and a 200-day simple moving average of $0.85. SES AI has a fifty-two week low of $0.20 and a fifty-two week high of $2.53.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Cresset Asset Management LLC increased its holdings in shares of SES AI by 94.1% during the 4th 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 last quarter. Brevan Howard Capital Management LP bought a new stake in shares of SES AI in the 4th quarter worth approximately $25,000. CIBC Asset Management Inc acquired a new position in shares of SES AI in the 4th quarter worth approximately $25,000. ProShare Advisors LLC raised its holdings in shares of SES AI by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 36,677 shares of the company’s stock worth $80,000 after buying an additional 12,068 shares in the last quarter. Finally, Cibc World Markets Corp acquired a new position in shares of SES AI in the 4th quarter worth approximately $27,000. 29.78% of the stock is owned by institutional investors and hedge funds.
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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