SES AI (NYSE:SES) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Posted by John Perry on Feb 27th, 2025

SES AI (NYSE:SES – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.04), Zacks reports. The company had revenue of $2.04 million for the quarter. SES AI updated its FY 2025 guidance to EPS.

SES AI Trading Down 4.7 %

Shares of SES opened at $0.80 on Thursday. The stock has a market capitalization of $288.11 million, a P/E ratio of -3.47 and a beta of 0.29. The firm’s fifty day simple moving average is $1.19 and its two-hundred day simple moving average is $0.84. SES AI has a 12 month low of $0.20 and a 12 month high of $2.53.

Insider Buying and Selling at SES AI

In other news, CFO Jing Nealis sold 50,000 shares of the company’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $1.02, for a total transaction of $51,000.00. Following the transaction, the chief financial officer now owns 1,935,322 shares in the company, valued at approximately $1,974,028.44. This represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Qichao Hu sold 194,459 shares of the company’s 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 in the company, valued at $3,254,669.73. This represents 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. 15.07% of the stock is currently owned by insiders.

About SES AI

(Get Free Report)

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.