SES AI (SES) Projected to Post Earnings on Tuesday

SES AI (NYSE:SES - Get Free Report) is expected to be announcing its Q4 2024 earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. SES AI has set its FY 2025 guidance at EPS.Individual interested in listening to the company's earnings conference call can do so using this link.

SES AI (NYSE:SES - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.04). The company had revenue of $2.04 million for the quarter. On average, analysts expect SES AI to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SES AI Stock Performance

Shares of SES AI stock opened at $0.80 on Thursday. The firm has a fifty day moving average of $1.19 and a two-hundred day moving average of $0.84. The stock has a market capitalization of $288.11 million, a price-to-earnings ratio of -3.47 and a beta of 0.29. SES AI has a 52 week low of $0.20 and a 52 week high of $2.53.

Insider Activity at SES AI

In related news, insider Kyle Pilkington sold 44,051 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 496,580 shares of the company's stock, valued at approximately $580,998.60. This represents a 8.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Qichao Hu sold 194,459 shares of SES AI stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $1.17, for a total transaction 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 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 sold 547,471 shares of company stock worth $610,541. 15.07% of the stock is owned by insiders.

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.