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SES AI CorporationNYSE:SES Stock Report

Market Cap US$443.9m
Share Price
US$1.37
My Fair Value
AN
AnalystConsensusTarget
US$0.99
38.4% overvalued intrinsic discount
1Y38.0%
7D0.7%
Portfolio Value
​
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SES AI Corporation

NYSE:SES Stock Report

Market Cap: US$443.9m

SES AI (SES) Stock Overview

Engages in the development and production of AI enhanced lithium metal and lithium ion rechargeable battery technologies for electric vehicles, urban air mobility, drones, robotics, battery energy storage systems, and other applications in the United States and the Asia Pacific region. More details

SES fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Earnings are forecast to grow 64.14% per year

Risk Analysis

Volatile share price over the past 3 months compared to the US market


SES Community Fair Values

Create Narrative

See what 29 others think this stock is worth. Follow their fair value or set your own to get alerts.

SES logo
SES AI
DV
DValue
Community Contributor

Revenue growth of 63% spurs growth, runway through 2028

Highlights Reported $2.0 million in fourth quarter revenue; an accelerated revenue ramp is expected in 2025 Deepened partnerships with existing automotive OEMs with commercialization of AI for Science to develop new electrolyte materials for both Li-Metal and Li-ion batteries All in on AI strategy powered battery material discovery to an entirely new AI-enhanced 2170 cylindrical cell for emerging humanoid robotics applications and entry into Li-ion battery applications in EV Commercialization of AI for Safety led to the signing of an MOU to provide up to 100 MWh advanced Battery Energy Storage System (“BESS”) solution FY 2024 cash usage in operations and Capex was $78.3M, below previous guidance of $80M to $95M FY 2025 revenue projected to be in a range of $15M to $25M
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US$1.44
FV
4.9% undervalued intrinsic discount
185.47%
Revenue growth p.a.
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11users have followed this narrative
4 months ago author updated this narrative
SES logo
SES AI
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 3 Analysts

AI 2170 Battery And Molecular Universe Will Open New Horizons

Key Takeaways SES AI's expansion in AI-enhanced services and strategic facilities aims to broaden market share and boost revenue while maintaining high gross margins. Advanced electrolyte technology and a strong cash position enable competitive advantages, strategic investments, and stable financial growth without debt concerns.
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US$0.99
FV
38.4% overvalued intrinsic discount
201.56%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
13users have followed this narrative
20 days ago author updated this narrative
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SES AI Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for SES AI
Historical stock prices
Current Share PriceUS$1.37
52 Week HighUS$2.53
52 Week LowUS$0.20
Beta0.42
1 Month Change55.31%
3 Month Change69.34%
1 Year Change37.98%
3 Year Change-72.71%
5 Year Changen/a
Change since IPO-87.26%

Recent News & Updates

SES AI: Profitability Could Be Achieved In 2026 - Strong Buy

Jul 24

SES AI Reports Increased Q1-2025 Revenue And Positive Forward Outlook

Apr 29

Recent updates

SES AI: Profitability Could Be Achieved In 2026 - Strong Buy

Jul 24

SES AI Reports Increased Q1-2025 Revenue And Positive Forward Outlook

Apr 29
author-image

AI 2170 Battery And Molecular Universe Will Open New Horizons

SES AI's expansion in AI-enhanced services and strategic facilities aims to broaden market share and boost revenue while maintaining high gross margins.
author-image

Revenue growth of 63% spurs growth, runway through 2028

Reported $2.0 million in fourth quarter revenue; an accelerated revenue ramp is expected in 2025

SES AI: Generational Buying Opportunity In The Battery Industry

Feb 07

SES AI: Upgrading On Potential Commercial Success

Jan 27

SES AI: The Surge Possibly Presents An Opportunity To Exit

Jan 04

Here's Why We're Not Too Worried About SES AI's (NYSE:SES) Cash Burn Situation

Sep 19
Here's Why We're Not Too Worried About SES AI's (NYSE:SES) Cash Burn Situation

Battery Breakthroughs With AI, But SES AI Remains A High-Voltage Gamble

Sep 18

SES AI: An AI Company That Happens To Make Batteries

Aug 25

Here's Why We're Not Too Worried About SES AI's (NYSE:SES) Cash Burn Situation

May 07
Here's Why We're Not Too Worried About SES AI's (NYSE:SES) Cash Burn Situation

SES AI: Leading The Charge

Jan 19

We're Not Very Worried About SES AI's (NYSE:SES) Cash Burn Rate

Jan 15
We're Not Very Worried About SES AI's (NYSE:SES) Cash Burn Rate

SES AI: Lags Behind, Risks Outweigh Potential

Nov 04

We're Hopeful That SES AI (NYSE:SES) Will Use Its Cash Wisely

Sep 30
We're Hopeful That SES AI (NYSE:SES) Will Use Its Cash Wisely

SES AI Corporation: Share Dilution And Production Challenges

Aug 23

SES AI Corp: Powering Future EVs With Its Li-Metal Technology

Oct 31

Companies Like SES AI (NYSE:SES) Are In A Position To Invest In Growth

Jun 13
Companies Like SES AI (NYSE:SES) Are In A Position To Invest In Growth

SES AI: Battery Technology Producer Differentiating Itself From The Crowd

Mar 18

Here's Why We're Not Too Worried About SES AI's (NYSE:SES) Cash Burn Situation

Feb 09
Here's Why We're Not Too Worried About SES AI's (NYSE:SES) Cash Burn Situation

Shareholder Returns

SESUS ElectricalUS Market
7D0.7%-0.9%-1.2%
1Y38.0%66.3%22.8%

Return vs Industry: SES underperformed the US Electrical industry which returned 66.3% over the past year.

Return vs Market: SES exceeded the US Market which returned 22.8% over the past year.

Price Volatility

Is SES's price volatile compared to industry and market?
SES volatility
SES Average Weekly Movement13.9%
Electrical Industry Average Movement10.6%
Market Average Movement6.4%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: SES's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SES's weekly volatility has decreased from 26% to 14% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2012250Qichao Huwww.ses.ai

SES AI Corporation engages in the development and production of AI enhanced lithium metal and lithium ion rechargeable battery technologies for electric vehicles, urban air mobility, drones, robotics, battery energy storage systems, and other applications in the United States and the Asia Pacific region. It manufactures and sells li metal battery cells and battery materials, such as electrolytes for automotive original equipment manufacturers. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.

SES AI Corporation Fundamentals Summary

How do SES AI's earnings and revenue compare to its market cap?
SES fundamental statistics
Market capUS$443.89m
Earnings (TTM)-US$97.06m
Revenue (TTM)US$7.83m
64.2x
P/S Ratio
-5.2x
P/E Ratio

Is SES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SES income statement (TTM)
RevenueUS$7.83m
Cost of RevenueUS$1.99m
Gross ProfitUS$5.85m
Other ExpensesUS$102.91m
Earnings-US$97.06m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.26
Gross Margin74.62%
Net Profit Margin-1,239.12%
Debt/Equity Ratio0%

How did SES perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/04 11:01
End of Day Share Price 2025/08/04 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SES AI Corporation is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Derek SoderbergCantor Fitzgerald & Co.
Emmanuel RosnerDeutsche Bank
Gabriel DaoudTD Cowen