William Blair Brokers Reduce Earnings Estimates for SES AI

SES AI Co. (NYSE:SES) – Equities research analysts at William Blair reduced their Q1 2025 earnings per share (EPS) estimates for SES AI in a report issued on Wednesday, February 26th. William Blair analyst J. Dorsheimer now forecasts that the company will post earnings per share of ($0.06) for the quarter, down from their previous forecast of ($0.05). The consensus estimate for SES AI’s current full-year earnings is ($0.23) per share. William Blair also issued estimates for SES AI’s FY2025 earnings at ($0.21) EPS and FY2026 earnings at ($0.19) EPS.

SES AI (NYSE:SES) last released its quarterly earnings data on Tuesday, February 25th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.04). The company had revenue of $2.04 million during the quarter.

SES AI Stock Performance

NYSE SES opened at $0.67 on Friday. SES AI has a one year low of $0.20 and a one year high of $2.53. The stock has a 50-day moving average of $1.20 and a 200 day moving average of $0.84. The company has a market capitalization of $240.15 million, a price-to-earnings ratio of -2.90 and a beta of 0.29.

Insider Buying and Selling

In related news, CFO Jing Nealis sold 50,000 shares of SES AI stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $1.02, for a total value of $51,000.00. Following the completion of the sale, the chief financial officer now directly owns 1,935,322 shares in the company, valued at approximately $1,974,028.44. This trade represents a 2.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Qichao Hu sold 194,459 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $1.17, for a total value of $227,517.03. Following the completion of the transaction, the chief executive officer now directly owns 2,781,769 shares in the company, valued at $3,254,669.73. The trade was a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 547,471 shares of company stock worth $610,541. 15.07% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SES. Vanguard Group Inc. boosted its position in SES AI by 8.4% in the fourth quarter. Vanguard Group Inc. now owns 7,847,316 shares of the company’s stock worth $17,186,000 after purchasing an additional 608,676 shares during the last quarter. Two Sigma Investments LP boosted its position in SES AI by 666.4% in the fourth quarter. Two Sigma Investments LP now owns 513,010 shares of the company’s stock worth $1,123,000 after purchasing an additional 446,073 shares during the last quarter. Renaissance Technologies LLC boosted its position in SES AI by 202.8% in the fourth quarter. Renaissance Technologies LLC now owns 665,300 shares of the company’s stock worth $1,457,000 after purchasing an additional 445,600 shares during the last quarter. JPMorgan Chase & Co. boosted its position in SES AI by 151.8% in the fourth quarter. JPMorgan Chase & Co. now owns 460,665 shares of the company’s stock worth $1,009,000 after purchasing an additional 277,688 shares during the last quarter. Finally, Anson Funds Management LP purchased a new position in SES AI in the third quarter worth about $108,000. 29.78% of the stock is owned by hedge funds and other institutional investors.

SES AI Company Profile

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.