Prepare Yourself for Liftoff: SES AI Corporation (SES)

With 45.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 11.05 million shares. During the session, the Auto Parts company that operates in wider Consumer Cyclical sector, reached to the highest price of $2.5 whereas the lowest price it dropped to was $2.02. The 52-week range on SES shows that it touched its highest point at $2.47 and its lowest point at $0.20 during that stretch. It currently has a 1-year price target of $1.00. Beta for the stock currently stands at 0.38.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SES was down-trending over the past week, with a drop of -12.97%, but this was up by 457.79% over a month. Three-month performance surged to 237.55% while six-month performance rose 84.07%. The stock gained 26.83% in the past year, while it has lost -5.02% so far this year. A look at the trailing 12-month EPS for SES yields -0.24 with Next year EPS estimates of -0.05. For the next quarter, that number is -0.09. This implies an EPS growth rate of -72.82% for this year and 84.58% for next year.

Float and Shares Shorts:

At present, 313.73 million SES shares are outstanding with a float of 179.53 million shares on hand for trading. On 2024-12-13, short shares totaled 6.48 million, which was 179.99999999999997 higher than short shares on 1731628800. In addition to Dr. Qichao Hu as the firm’s Founder, Chairman & CEO, Ms. Jing Liu Nealis serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.37085 of SES’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SES reported revenue of $0.0 and operating income of -$34217000.0. It generated -$30186000.0 net income for the quarter, which came to -$34.98M over the last twelve months. The EBITDA in the recently reported quarter was -$32991000.0 and diluted EPS was -$0.09. EBITDA for the full year was -$10.45M.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SES since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SES analysts setting a high price target of 1.0 and a low target of 1.0, the average target price over the next 12 months is 1.0. Based on these targets, SES could drop -51.92% to reach the target high and fall by -51.92% to reach the target low. Reaching the average price target will result in a decline of -51.92% from current levels.

Analysts have provided yearly estimates in a range of -$0.21715 being high and -$0.37043 being low. For SES, this leads to a yearly average estimate of -$0.29379.