Symbols / SES Stock $1.02 -3.33% SES AI Corporation

Consumer Cyclical • Auto Parts • United States • NYQ
SES (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Consumer Cyclical
Industry Auto Parts
CEO Dr. Qichao Hu
Exch · Country NYQ · United States
Market Cap 374.82M
Enterprise Value 217.79M
Income -72.71M
Sales 21.92M
FCF (ttm) -24.36M
Book/sh 0.59
Cash/sh 0.48
Employees 215
Insider 10d —
IPO Mar 01, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E -7.71
PEG —
P/S 17.10
P/B 1.73
P/C —
EV/EBITDA -3.26
EV/Sales 9.94
Quick Ratio 6.36
Current Ratio 6.86
Debt/Eq 3.80
LT Debt/Eq —
EPS (ttm) -0.22
EPS next Y -0.13
EPS Growth —
Revenue Growth 15.80%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-04-23
Earnings (prior) 2026-04-23
ROA -17.25%
ROE -30.74%
ROIC —
Gross Margin 36.34%
Oper. Margin -266.26%
Profit Margin 0.00%
Shs Outstand 325.40M
Shs Float 285.12M
Insider Own 14.53%
Instit Own 33.17%
Short Float 4.87%
Short Ratio 2.59
Short Interest 14.04M
52W High 3.73
vs 52W High -72.79%
52W Low 0.78
vs 52W Low 30.13%
Beta 0.85
Impl. Vol. 39.70%
Rel Volume 0.58
Avg Volume 8.07M
Volume 4.71M
Target (mean) $2.70
Tgt Median $2.70
Tgt Low $1.40
Tgt High $4.00
# Analysts 2
Recom Buy
Prev Close $1.05
Price $1.01
Change -3.33%
About

SES AI Corporation develops and produces 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. It manufactures and sells residential and commercial ESS systems, li-ion, li metal battery cells and battery materials, such as electrolytes for automotive original equipment manufacturers and others. The company operates in the United States and the Asia Pacific regions. SES AI Corporation was founded in 2012 and is headquartered in Woburn, Massachusetts.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$2.70
Mean price target
2. Current target
$1.03
Latest analyst target
3. DCF / Fair value
$-1.35
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.03
Low
$1.40
High
$4.00
Mean
$2.70

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-06 main Cantor Fitzgerald Overweight → Overweight $4
2025-06-24 reit Cantor Fitzgerald Overweight → Overweight $2
2025-05-20 init Cantor Fitzgerald — → Overweight $2
2023-06-08 down Wolfe Research Peer Perform → Underperform $4
2022-10-31 init Cowen & Co. — → Market Perform —
2022-09-14 init Deutsche Bank — → Hold $7
News
RSS: Latest SES news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-09 PILKINGTON KYLE Officer — 25,000 $1.20 $30,000
2026-01-23 GAN HONG Officer — 250,000 $2.50 $624,705
2026-01-23 GAN HONG Officer — 250,000 $0.16 $40,000
2025-12-15 GAN HONG Officer — 100,000 $1.98 $197,890
2025-12-15 GAN HONG Officer — 100,000 $0.15 $15,067
2025-11-17 GAN HONG Officer — 150,000 $1.90 $285,225
2025-11-17 GAN HONG Officer — 150,000 $0.15 $22,500
2025-09-08 BOYD ANDREW J Director — 296,296 $0.00 $0
2025-04-01 LI GANG Officer — 150,000 $0.00 $0
2025-03-28 NEALIS JING Chief Financial Officer — 950,000 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
21.00
+929.41%
2.04
0.00
0.00
Operating Revenue
21.00
+929.41%
2.04
0.00
0.00
Cost Of Revenue
9.69
+1188.96%
0.75
0.00
—
Reconciled Cost Of Revenue
9.69
+1188.96%
0.75
0.00
—
Gross Profit
11.31
+777.87%
1.29
0.00
—
Operating Expense
93.92
-15.03%
110.54
+41.43%
78.16
-1.78%
79.57
Research And Development
67.05
-7.06%
72.14
+135.18%
30.68
+9.68%
27.97
Selling General And Administration
26.88
-30.00%
38.40
-19.14%
47.48
-7.99%
51.61
General And Administrative Expense
26.88
-30.00%
38.40
-19.14%
47.48
-7.99%
51.61
Other Gand A
26.88
-30.00%
38.40
-19.14%
47.48
-7.99%
51.61
Total Expenses
103.61
-6.90%
111.29
+42.39%
78.16
-1.78%
79.57
Operating Income
-82.61
+24.38%
-109.25
-39.78%
-78.16
+1.78%
-79.57
Total Operating Income As Reported
-82.61
+24.38%
-109.25
-39.78%
-78.16
+1.78%
-79.57
EBITDA
-72.32
+28.35%
-100.94
-39.00%
-72.62
+5.66%
-76.98
Normalized EBITDA
-74.00
+22.63%
-95.63
-20.43%
-79.41
+22.46%
-102.41
Reconciled Depreciation
10.29
+23.92%
8.31
+49.94%
5.54
+113.44%
2.60
EBIT
-82.61
+24.38%
-109.25
-39.78%
-78.16
+1.78%
-79.57
Total Unusual Items
1.68
+131.61%
-5.31
-178.09%
6.79
-73.28%
25.43
Total Unusual Items Excluding Goodwill
1.68
+131.61%
-5.31
-178.09%
6.79
-73.28%
25.43
Special Income Charges
1.68
+131.61%
-5.31
-178.09%
6.79
-73.28%
25.43
Other Special Charges
—
—
—
—
Restructuring And Mergern Acquisition
-1.68
-131.61%
5.31
+178.09%
-6.79
+73.28%
-25.43
Net Income
-73.04
+27.09%
-100.19
-87.61%
-53.40
-4.72%
-50.99
Pretax Income
-72.81
+27.19%
-100.00
-84.32%
-54.25
-9.08%
-49.74
Net Non Operating Interest Income Expense
9.34
-37.90%
15.04
-9.88%
16.68
+169.29%
6.20
Net Interest Income
9.34
-37.90%
15.04
-9.88%
16.68
+169.29%
6.20
Interest Income Non Operating
9.34
-37.90%
15.04
-9.88%
16.68
+169.29%
6.20
Interest Income
9.34
-37.90%
15.04
-9.88%
16.68
+169.29%
6.20
Other Income Expense
0.47
+108.07%
-5.79
-180.12%
7.22
-69.46%
23.64
Other Non Operating Income Expenses
-1.21
-152.61%
-0.48
-212.71%
0.42
+123.70%
-1.79
Gain On Sale Of Security
—
—
—
—
Tax Provision
0.23
+22.87%
0.19
+122.04%
-0.85
-167.97%
1.25
Tax Rate For Calcs
0.00
+0.00%
0.00
+1212.50%
0.00
-92.38%
0.00
Tax Effect Of Unusual Items
0.35
+131.61%
-1.11
-1124.89%
0.11
-97.96%
5.34
Net Income Including Noncontrolling Interests
-73.04
+27.09%
-100.19
-87.61%
-53.40
-4.72%
-50.99
Net Income From Continuing Operation Net Minority Interest
-73.04
+27.09%
-100.19
-87.61%
-53.40
-4.72%
-50.99
Net Income From Continuing And Discontinued Operation
-73.04
+27.09%
-100.19
-87.61%
-53.40
-4.72%
-50.99
Net Income Continuous Operations
-73.04
+27.09%
-100.19
-87.61%
-53.40
-4.72%
-50.99
Normalized Income
-74.36
+22.53%
-95.99
-59.76%
-60.09
+15.47%
-71.08
Net Income Common Stockholders
-73.04
+27.09%
-100.19
-87.61%
-53.40
-4.72%
-50.99
Diluted EPS
-0.22
+29.03%
-0.31
-82.35%
-0.17
+0.00%
-0.17
Basic EPS
-0.22
+29.03%
-0.31
-82.35%
-0.17
+0.00%
-0.17
Basic Average Shares
330.92
+2.83%
321.82
+2.15%
315.05
+9.28%
288.30
Diluted Average Shares
330.92
+2.83%
321.82
+2.15%
315.05
+9.28%
288.30
Diluted NI Availto Com Stockholders
-73.04
+27.09%
-100.19
-87.61%
-53.40
-4.72%
-50.99
Total Other Finance Cost
—
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
272.65
-17.33%
329.79
-18.93%
406.81
-7.64%
440.44
Current Assets
216.28
-21.89%
276.90
-20.57%
348.63
-12.11%
396.64
Cash Cash Equivalents And Short Term Investments
199.63
-23.96%
262.54
-21.03%
332.45
-14.78%
390.08
Cash And Cash Equivalents
29.54
-77.06%
128.80
+50.34%
85.67
-19.65%
106.62
Cash Equivalents
15.55
-87.13%
120.89
+61.19%
75.00
+61.95%
46.31
Cash Financial
13.99
+76.87%
7.91
-25.91%
10.67
-82.30%
60.31
Other Short Term Investments
170.09
+27.17%
133.75
-45.80%
246.78
-12.94%
283.46
Receivables
4.78
+403.47%
0.95
-75.71%
3.91
+64.12%
2.38
Accounts Receivable
4.78
+403.47%
0.95
0.00
—
Inventory
5.15
+2331.13%
0.21
-62.01%
0.56
+45.69%
0.38
Prepaid Assets
—
—
—
—
Other Current Assets
6.71
-49.18%
13.20
+12.69%
11.71
+208.86%
3.79
Total Non Current Assets
56.37
+6.60%
52.88
-9.11%
58.18
+32.84%
43.80
Net PPE
36.50
-24.10%
48.09
-5.81%
51.06
+30.52%
39.12
Gross PPE
66.35
-3.81%
68.97
+7.72%
64.03
+37.06%
46.72
Accumulated Depreciation
-29.84
-42.91%
-20.88
-60.97%
-12.97
-70.70%
-7.60
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
35.33
+8.08%
32.69
+42.55%
22.93
+24.01%
18.49
Construction In Progress
0.04
-98.02%
1.97
-79.83%
9.77
+80.25%
5.42
Other Properties
7.64
-23.06%
9.93
-24.22%
13.10
+15.28%
11.36
Leases
23.34
-4.29%
24.39
+33.81%
18.23
+59.29%
11.44
Goodwill And Other Intangible Assets
16.08
+1221.36%
1.22
-9.52%
1.34
-8.69%
1.47
Goodwill
13.27
0.00
—
—
Other Intangible Assets
2.81
+130.81%
1.22
-9.52%
1.34
-8.69%
1.47
Non Current Deferred Assets
1.52
+13.93%
1.33
+26.30%
1.06
0.00
Non Current Deferred Taxes Assets
1.52
+13.93%
1.33
+26.30%
1.06
0.00
Other Non Current Assets
2.26
+1.21%
2.24
-52.64%
4.72
+47.32%
3.21
Total Liabilities Net Minority Interest
57.89
+12.46%
51.48
+7.55%
47.86
-2.13%
48.90
Current Liabilities
24.16
+5.88%
22.82
+12.09%
20.36
+5.16%
19.36
Payables And Accrued Expenses
7.84
+112.34%
3.69
-42.20%
6.39
-30.34%
9.18
Payables
6.18
+179.31%
2.21
-56.74%
5.12
-32.74%
7.61
Accounts Payable
5.69
+199.53%
1.90
-60.64%
4.83
-21.93%
6.19
Current Accrued Expenses
1.66
+12.16%
1.48
+16.26%
1.27
-18.71%
1.57
Pensionand Other Post Retirement Benefit Plans Current
4.35
-34.59%
6.65
-5.35%
7.02
+125.43%
3.12
Total Tax Payable
0.49
+56.55%
0.31
+8.68%
0.29
-79.75%
1.42
Income Tax Payable
0.49
+56.55%
0.31
+8.68%
0.29
-79.75%
1.42
Current Debt And Capital Lease Obligation
3.13
+21.01%
2.58
+7.53%
2.40
+26.59%
1.90
Current Debt
0.83
—
—
—
Current Capital Lease Obligation
2.30
-11.10%
2.58
+7.53%
2.40
+26.59%
1.90
Current Deferred Liabilities
3.76
0.00
0.00
-100.00%
4.19
Current Deferred Revenue
—
—
0.00
-100.00%
4.19
Other Current Liabilities
5.08
-48.69%
9.89
+117.94%
4.54
+363.53%
0.98
Total Non Current Liabilities Net Minority Interest
33.73
+17.71%
28.66
+4.20%
27.50
-6.90%
29.54
Long Term Debt And Capital Lease Obligation
5.81
-27.13%
7.98
-29.51%
11.32
+11.32%
10.16
Long Term Debt
—
—
—
—
Long Term Capital Lease Obligation
5.81
-27.13%
7.98
-29.51%
11.32
+11.32%
10.16
Non Current Deferred Liabilities
16.72
+94.27%
8.61
-7.16%
9.27
+39.25%
6.66
Non Current Deferred Revenue
9.04
+5.07%
8.61
-7.16%
9.27
+39.25%
6.66
Other Non Current Liabilities
11.20
-7.24%
12.08
+74.55%
6.92
-45.61%
12.72
Preferred Securities Outside Stock Equity
—
—
—
0.00
Stockholders Equity
214.75
-22.84%
278.31
-22.47%
358.95
-8.32%
391.54
Common Stock Equity
214.75
-22.84%
278.31
-22.47%
358.95
-8.32%
391.54
Capital Stock
0.04
+2.78%
0.04
+2.86%
0.04
+0.00%
0.04
Common Stock
0.04
+2.78%
0.04
+2.86%
0.04
+0.00%
0.04
Preferred Stock
—
—
0.00
0.00
Share Issued
365.43
+1.07%
361.56
+2.09%
354.15
+1.27%
349.71
Ordinary Shares Number
365.43
+1.07%
361.56
+2.09%
354.15
+1.27%
349.71
Additional Paid In Capital
588.36
+1.55%
579.38
+3.61%
559.21
+3.94%
538.04
Retained Earnings
-371.91
-24.44%
-298.87
-50.42%
-198.69
-36.76%
-145.29
Gains Losses Not Affecting Retained Earnings
-1.73
+22.70%
-2.23
-38.44%
-1.61
-28.94%
-1.25
Other Equity Adjustments
-1.73
+22.70%
-2.23
-38.44%
-1.61
-28.94%
-1.25
Total Equity Gross Minority Interest
214.75
-22.84%
278.31
-22.47%
358.95
-8.32%
391.54
Total Capitalization
214.75
-22.84%
278.31
-22.47%
358.95
-8.32%
391.54
Working Capital
192.12
-24.39%
254.09
-22.60%
328.27
-12.99%
377.28
Invested Capital
215.59
-22.54%
278.31
-22.47%
358.95
-8.32%
391.54
Total Debt
8.94
-15.35%
10.56
-23.02%
13.72
+13.73%
12.06
Net Debt
—
—
—
—
Capital Lease Obligations
8.11
-23.21%
10.56
-23.02%
13.72
+13.73%
12.06
Net Tangible Assets
198.67
-28.30%
277.09
-22.51%
357.61
-8.32%
390.07
Tangible Book Value
198.67
-28.30%
277.09
-22.51%
357.61
-8.32%
390.07
Current Notes Payable
0.83
0.00
—
—
Derivative Product Liabilities
—
—
—
—
Duefrom Related Parties Current
—
0.00
-100.00%
3.91
+64.12%
2.38
Dueto Related Parties Current
—
—
—
—
Non Current Accrued Expenses
—
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-58.36
+11.69%
-66.09
-17.15%
-56.41
-21.32%
-46.50
Cash Flow From Continuing Operating Activities
-58.36
+11.69%
-66.09
-17.15%
-56.41
-21.32%
-46.50
Net Income From Continuing Operations
-73.04
+27.09%
-100.19
-87.61%
-53.40
-4.72%
-50.99
Depreciation Amortization Depletion
10.29
+23.92%
8.31
+49.94%
5.54
+113.44%
2.60
Depreciation
10.10
+23.17%
8.20
+51.85%
5.40
+116.00%
2.50
Amortization Cash Flow
0.20
+100.00%
0.10
+0.00%
0.10
—
Depreciation And Amortization
10.29
+23.92%
8.31
+49.94%
5.54
+113.44%
2.60
Amortization Of Intangibles
0.20
+100.00%
0.10
+0.00%
0.10
—
Other Non Cash Items
-1.29
-132.34%
3.98
+156.58%
-7.04
+71.78%
-24.94
Stock Based Compensation
10.97
-44.97%
19.93
-3.46%
20.65
-9.33%
22.77
Operating Gains Losses
1.31
+86.31%
0.70
—
—
Gain Loss On Investment Securities
—
—
—
—
Gain Loss On Sale Of PPE
1.31
+86.31%
0.70
0.00
—
Change In Working Capital
-3.47
-141.42%
8.39
+175.47%
-11.11
-273.26%
6.41
Change In Receivables
-2.63
-188.86%
2.96
+293.78%
-1.53
-127.66%
5.53
Changes In Account Receivables
-2.63
-176.95%
-0.95
0.00
—
Change In Inventory
-1.03
-413.64%
0.33
+279.35%
-0.18
+51.96%
-0.38
Change In Prepaid Assets
9.98
+554.14%
-2.20
+73.10%
-8.17
-415.13%
-1.59
Change In Payables And Accrued Expense
-9.36
-223.99%
7.55
+7355.77%
-0.10
-103.64%
2.86
Change In Accrued Expense
-10.39
-236.45%
7.62
+18238.10%
-0.04
-100.61%
6.83
Change In Payable
1.04
+1543.06%
-0.07
-16.13%
-0.06
+98.44%
-3.98
Change In Account Payable
1.04
+1543.06%
-0.07
-16.13%
-0.06
+98.44%
-3.98
Change In Other Working Capital
-0.14
+50.72%
-0.28
+73.70%
-1.06
—
Change In Other Current Assets
2.53
-14.04%
2.94
+257.19%
-1.87
—
Change In Other Current Liabilities
-2.83
+3.09%
-2.92
-261.85%
1.80
—
Investing Cash Flow
-39.19
-136.22%
108.19
+230.67%
32.72
+111.05%
-296.01
Cash Flow From Continuing Investing Activities
-39.19
-136.22%
108.19
+230.67%
32.72
+111.05%
-296.01
Net PPE Purchase And Sale
-2.86
+76.59%
-12.21
+22.57%
-15.76
-7.57%
-14.65
Purchase Of PPE
-2.86
+76.59%
-12.21
+22.57%
-15.76
-7.57%
-14.65
Capital Expenditure
-2.86
+76.59%
-12.21
+22.57%
-15.76
-7.57%
-14.65
Net Investment Purchase And Sale
-33.30
-127.66%
120.40
+148.34%
48.48
+117.23%
-281.36
Purchase Of Investment
-238.18
-10.73%
-215.10
+23.59%
-281.52
+31.56%
-411.36
Sale Of Investment
204.88
-38.93%
335.50
+1.67%
330.00
+153.85%
130.00
Net Business Purchase And Sale
-3.03
0.00
—
—
Purchase Of Business
-3.03
0.00
—
—
Net Intangibles Purchase And Sale
—
—
0.00
0.00
Purchase Of Intangibles
—
—
0.00
0.00
Net Other Investing Changes
—
—
—
—
Financing Cash Flow
-1.96
-294.16%
1.01
-69.16%
3.27
-98.87%
289.93
Cash Flow From Continuing Financing Activities
-1.96
-294.16%
1.01
-69.16%
3.27
-98.87%
289.93
Net Issuance Payments Of Debt
—
—
—
0.00
Issuance Of Debt
—
—
—
0.00
Repayment Of Debt
—
—
—
—
Long Term Debt Issuance
—
—
—
0.00
Long Term Debt Payments
—
—
—
—
Net Long Term Debt Issuance
—
—
—
0.00
Net Common Stock Issuance
-1.60
0.00
—
—
Common Stock Payments
-1.60
0.00
—
—
Repurchase Of Capital Stock
-1.60
0.00
—
—
Proceeds From Stock Option Exercised
0.08
-92.38%
1.01
+92.75%
0.52
+58.79%
0.33
Net Other Financing Charges
-0.43
—
2.75
-99.05%
289.60
Changes In Cash
-99.51
-330.79%
43.12
+311.17%
-20.42
+61.17%
-52.58
Effect Of Exchange Rate Changes
0.33
+147.60%
-0.69
-24.46%
-0.55
-4.94%
-0.53
Beginning Cash Position
129.40
+48.79%
86.97
-19.43%
107.94
-32.98%
161.04
End Cash Position
30.21
-76.65%
129.40
+48.79%
86.97
-19.43%
107.94
Free Cash Flow
-61.22
+21.81%
-78.29
-8.48%
-72.17
-18.02%
-61.15
Income Tax Paid Supplemental Data
0.00
-100.00%
0.29
+28.83%
0.22
0.00
Amortization Of Securities
-3.13
+56.59%
-7.21
+34.71%
-11.05
-370.21%
-2.35
Common Stock Issuance
—
—
—
—
Issuance Of Capital Stock
—
—
0.00
0.00
Net Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Issuance
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category