William Blair Brokers Decrease Earnings Estimates for SES AI

SES AI Co. (NYSE:SES) – Equities research analysts at William Blair cut their Q1 2025 earnings estimates for shares of SES AI in a note issued to investors on Wednesday, February 26th. William Blair analyst J. Dorsheimer now expects that the company will earn ($0.06) per share 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 issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.04). The business had revenue of $2.04 million for the quarter.

SES AI Stock Down 14.8 %

SES stock opened at $0.68 on Friday. The firm has a market cap of $244.48 million, a PE ratio of -2.95 and a beta of 0.29. The business has a 50 day moving average of $1.20 and a 200-day moving average of $0.84. SES AI has a 12-month low of $0.20 and a 12-month high of $2.53.

Insiders Place Their Bets

In other news, insider Kyle Pilkington sold 44,051 shares of SES AI stock in a transaction on Monday, February 10th. The stock was sold at an average price of $1.17, for a total transaction of $51,539.67. Following the sale, the insider now directly owns 496,580 shares in the company, valued at $580,998.60. The trade was a 8.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Qichao Hu sold 194,459 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $1.17, for a total transaction of $227,517.03. Following the transaction, the chief executive officer now owns 2,781,769 shares of the company’s stock, valued at approximately $3,254,669.73. The trade was a 6.53 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 547,471 shares of company stock valued at $610,541. Insiders own 15.07% of the company’s stock.

Hedge Funds Weigh In On SES AI

Several institutional investors have recently bought and sold shares of the company. Savant Capital LLC purchased a new stake in SES AI in the fourth quarter worth $66,000. Geode Capital Management LLC grew its stake in shares of SES AI by 2.8% during the 3rd quarter. Geode Capital Management LLC now owns 3,094,624 shares of the company’s stock worth $1,980,000 after acquiring an additional 83,607 shares during the period. JPMorgan Chase & Co. increased its holdings in SES AI by 204.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 182,977 shares of the company’s stock worth $117,000 after acquiring an additional 122,803 shares during the last quarter. Barclays PLC raised its stake in SES AI by 281.1% in the 3rd quarter. Barclays PLC now owns 171,860 shares of the company’s stock valued at $109,000 after acquiring an additional 126,763 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in SES AI by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,162,112 shares of the company’s stock valued at $744,000 after purchasing an additional 46,778 shares during the last quarter. Hedge funds and other institutional investors own 29.78% of the company’s stock.

About SES AI

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.