NYSE:SESElectrical
SES AI (SES) Is Down 31.1% After Guiding Lower For 2026 And Pivoting From EV Batteries – Has The Bull Case Changed?
In early March 2026, SES AI Corporation reported full-year 2025 results showing sales of US$21.00 million, a smaller net loss of US$73.04 million, a Q4 revenue shortfall versus expectations, and new 2026 revenue guidance of US$30.00 million to US$35.00 million alongside a projected reset in gross margins.
The earnings release also revealed a pivot away from automotive battery mass production toward energy storage systems, drones, and materials, while logistics-driven shipment delays and...