Now Is The Time To Build A Position In SES AI Corporation (NYSE:SES)

SES AI Corporation (NYSE:SES)’s traded shares stood at 19.58 million during the last session, with the company’s beta value hitting 0.37. At the close of trading, the stock’s price was $0.68, to imply a decrease of -14.54% or -$0.12 in intraday trading. The SES share’s 52-week high remains $2.53, putting it -272.06% down since that peak but still an impressive 70.59% since price per share fell to its 52-week low of $0.20.

Analysts have given a consensus recommendation of Buy for SES AI Corporation (SES), translating to a mean rating of 3.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give SES a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.06.

SES AI Corporation (NYSE:SES) trade information

After registering a -14.54% downside in the last session, SES AI Corporation (SES) has traded red over the past five days. The 5-day price performance for the stock is -28.55%, and -38.20% over 30 days. With these gigs, the year-to-date price performance is -68.96%.

The extremes give us $1.5 and $1.5 for target low and target high price respectively. As such, SES has been trading -120.59% off suggested target high and -120.59% from its likely low.

Revenue forecast for the current quarter as set by 1 analysts is 2M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 4M.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -646.96% for the past 5-year period. While 2025 is set for a 24.15% return in earnings, projections for the next 5 years are at 59.89% annually.

SES Dividends

SES AI Corporation has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

The next major institution holding the largest number of shares is GENERAL MOTORS HOLDINGS LLC with 33.06 million shares, or about 10.3033% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $41.32 million.

We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the SES AI Corporation (SES) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 3.88 shares. This is just over 1.23% of the total shares, with a market valuation of $2.64 million. Data from the same date shows that the other fund manager holds a little less at 3.83, or 1.21% of the shares, all valued at about 2.61 million.