SES AI Corporation (NYSE: SES): Get Ready For The Next Few Months

In the last trading session, 15.4 million shares of the SES AI Corporation (NYSE:SES) were traded, and its beta was 0.40. Most recently the company’s share price was $0.57, and it changed around -$0.09 or -13.58% from the last close, which brings the market valuation of the company to $206.72M. SES currently trades at a discount to its 52-week high of $2.53, offering almost -343.86% off that amount. The share price’s 52-week low was $0.20, which indicates that the current value has risen by an impressive 64.91% 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 (NYSE:SES) trade information

Instantly SES has showed a red trend with a performance of -13.58% 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 0.9200 on recent trading dayincreased the stock’s daily price by 38.04%. The company’s shares are currently down -73.82% year-to-date, but still down -37.01% over the last five days. On the other hand, SES AI Corporation (NYSE:SES) is -45.40% 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 62.0% 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.

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.