SES AI Corporation (NYSE: SES): It Is A Stock Worth Considering Today

In the last trading session, 13.36 million shares of the SES AI Corporation (NYSE:SES) were traded, and its beta was 0.47. Most recently the company’s share price was $0.66, and it changed around -$0.02 or -2.41% from the last close, which brings the market valuation of the company to $239.21M. SES currently trades at a discount to its 52-week high of $2.53, offering almost -283.33% off that amount. The share price’s 52-week low was $0.20, which indicates that the current value has risen by an impressive 69.7% since then.

SES AI Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 1 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended SES as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. SES AI Corporation is expected to report earnings per share of -0.06 for the current quarter.

SES AI Corporation (NYSE:SES) trade information

Instantly SES has showed a red trend with a performance of -2.41% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.9570 on recent trading dayincreased the stock’s daily price by 31.03%. The company’s shares are currently down -69.71% year-to-date, but still down -26.29% over the last five days. On the other hand, SES AI Corporation (NYSE:SES) is -37.42% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $1.5, which translates to bulls needing to increase their stock price by 56.0% from its current value. Analyst projections state that SES is forecast to be at a low of $1.5 and a high of $1.5.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 2M in revenue for the current quarter. 1 analysts expect SES AI Corporation to make 4M in revenue for the current ending quarter.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -646.96%. SES AI Corporation earnings are expected to increase by 24.15% in 2025, but the outlook is positive 59.89% per year for the next five years.

SES Dividends

SES AI Corporation’s next quarterly earnings report is expected to be released in April.

GENERAL MOTORS HOLDINGS LLC, with 10.3033% or 33.06 million shares worth $41.32 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024 . The former held 3.88 shares worth $2.58 million, making up 1.23% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 3.71 shares worth around $2.46 million, which represents about 1.17% of the total shares outstanding.