Symbols / SES
SES Chart
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 li metal battery cells and battery materials, such as electrolytes for automotive original equipment manufacturers. SES AI Corporation operates in the United States and the Asia Pacific region. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.
Fundamentals
Scroll to Statements| Sector | Consumer Cyclical | Industry | Auto Parts | Market Cap | 595.07M |
| Enterprise Value | 391.44M | Income | -90.55M | Sales | 18.48M |
| Book/sh | 0.62 | Cash/sh | 0.59 | Dividend Yield | — |
| Payout | 0.00% | Employees | 250 | IPO | — |
| P/E | — | Forward P/E | -11.46 | PEG | — |
| P/S | 32.20 | P/B | 2.61 | P/C | — |
| EV/EBITDA | -4.66 | EV/Sales | 21.18 | Quick Ratio | 7.76 |
| Current Ratio | 8.22 | Debt/Eq | 4.55 | LT Debt/Eq | — |
| EPS (ttm) | -0.28 | EPS next Y | -0.14 | EPS Growth | — |
| Revenue Growth | — | Earnings | 2026-03-04 | ROA | -18.41% |
| ROE | -33.69% | ROIC | — | Gross Margin | 65.38% |
| Oper. Margin | -262.00% | Profit Margin | 0.00% | Shs Outstand | 321.19M |
| Shs Float | 281.88M | Short Float | 4.18% | Short Ratio | 1.60 |
| Short Interest | — | 52W High | 3.73 | 52W Low | 0.38 |
| Beta | 0.58 | Avg Volume | 6.28M | Volume | 3.29M |
| Target Price | $3.00 | Recom | None | Prev Close | $1.61 |
| Price | $1.63 | Change | 1.24% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$3.00
Mean price target
2. Current target
$1.70
Latest analyst target
3. DCF / Fair value
$-1.66
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.70
Low
$2.00
High
$4.00
Mean
$3.00
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- SES AI: Scaling Its Way To The Top Spot (NYSE:SES) - Seeking Alpha Wed, 25 Feb 2026 14
- ST Engineering (S63.SI, SES) at S$10.24 intraday: S63.SI stock AI exposure implies 28.45% upside - Meyka Wed, 25 Feb 2026 08
- When (SES) Moves Investors should Listen (SES:CA) - Stock Traders Daily Wed, 25 Feb 2026 03
- SES (OTCMKTS:SGBAF) Shares Gap Up - Should You Buy? - MarketBeat Mon, 23 Feb 2026 23
- 170,000-share spike in NPL.SI stock (Niks Professional, SES): after-hours signal - Meyka Wed, 25 Feb 2026 09
- Secure Energy Services (TSE:SES) Stock Price Expected to Rise, ATB Cormark Capital Markets Analyst Says - MarketBeat Mon, 23 Feb 2026 20
- 1V3.SI Mooreast up 7.69% to S$0.14 on SES 25 Feb 2026: model S$0.16 upside - Meyka Wed, 25 Feb 2026 11
- E6R.SI stock down 25.00% intraday on SES 25 Feb 2026: Key levels to watch - Meyka Wed, 25 Feb 2026 03
- CICT (C38U.SI, SES) +2.44% to S$2.52 on 25 Feb 2026: Most active trading, outlook - Meyka Wed, 25 Feb 2026 14
- S$0.37 after-hours: ZXY.SI Alpina Holdings (SES) oversold bounce 25 Feb 2026 - Meyka Wed, 25 Feb 2026 10
- 5OI.SI Japan Foods (SES) falls 10% to S$0.13 on 292,500 volume: monitor support - Meyka Wed, 25 Feb 2026 12
- P8A.SI Cordlife Group Ltd (SES) up 10.77% after hours 25 Feb 2026: volume signals interest - Meyka Wed, 25 Feb 2026 10
- BJZ.SI Koda Ltd (SES) up 4.69% intraday 25 Feb 2026: heavy volume signals follow-through - Meyka Wed, 25 Feb 2026 06
- Volume spike 125,900 on 25 Feb 2026: Avarga Limited (U09.SI, SES) implications - Meyka Wed, 25 Feb 2026 13
- 5TY.SI Advanced Systems Automation SES S$0.002 Feb 2026: volume spike, outlook - Meyka Wed, 25 Feb 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 250000 | 624705 | — | Sale at price 2.50 per share. | GAN HONG | Officer | — | 2026-01-23 00:00:00 | D |
| 1 | 250000 | 40000 | — | Conversion of Exercise of derivative security at price 0.16 per share. | GAN HONG | Officer | — | 2026-01-23 00:00:00 | D |
| 2 | 100000 | 197890 | — | Sale at price 1.98 per share. | GAN HONG | Officer | — | 2025-12-15 00:00:00 | D |
| 3 | 100000 | 15067 | — | Conversion of Exercise of derivative security at price 0.15 - 0.16 per share. | GAN HONG | Officer | — | 2025-12-15 00:00:00 | D |
| 4 | 150000 | 285225 | — | Sale at price 1.90 per share. | GAN HONG | Officer | — | 2025-11-17 00:00:00 | D |
| 5 | 150000 | 22500 | — | Conversion of Exercise of derivative security at price 0.15 per share. | GAN HONG | Officer | — | 2025-11-17 00:00:00 | D |
| 6 | 296296 | — | — | Stock Award(Grant) at price 0.00 per share. | BOYD ANDREW J | Director | — | 2025-09-08 00:00:00 | D |
| 7 | 150000 | — | — | Stock Award(Grant) at price 0.00 per share. | LI GANG | Officer | — | 2025-04-01 00:00:00 | D |
| 8 | 160000 | — | — | Stock Award(Grant) at price 0.00 per share. | NOONEN MICHAEL | Director | — | 2025-03-28 00:00:00 | D |
| 9 | 160000 | — | — | Stock Award(Grant) at price 0.00 per share. | MA JIONG | Director | — | 2025-03-28 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -1.11M | 108.72K | 5.34M | 226.80K |
| TaxRateForCalcs | 0.21 | 0.02 | 0.21 | 0.27 |
| NormalizedEBITDA | -95.63M | -79.41M | -102.41M | -31.18M |
| TotalUnusualItems | -5.31M | 6.79M | 25.43M | 840.00K |
| TotalUnusualItemsExcludingGoodwill | -5.31M | 6.79M | 25.43M | 840.00K |
| NetIncomeFromContinuingOperationNetMinorityInterest | -100.19M | -53.40M | -50.99M | -31.25M |
| ReconciledDepreciation | 8.31M | 5.54M | 2.60M | 1.66M |
| ReconciledCostOfRevenue | 752.00K | 0.00 | ||
| EBITDA | -100.94M | -72.62M | -76.98M | -30.34M |
| EBIT | -109.25M | -78.16M | -79.57M | -32.01M |
| NetInterestIncome | 15.04M | 16.68M | 6.20M | 248.00K |
| InterestIncome | 15.04M | 16.68M | 6.20M | 248.00K |
| NormalizedIncome | -95.99M | -60.09M | -71.08M | -31.87M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -100.19M | -53.40M | -50.99M | -31.25M |
| TotalExpenses | 111.29M | 78.16M | 79.57M | 32.01M |
| TotalOperatingIncomeAsReported | -109.25M | -78.16M | -79.57M | -32.01M |
| DilutedAverageShares | 321.82M | 315.05M | 288.30M | 347.87M |
| BasicAverageShares | 321.82M | 315.05M | 288.30M | 347.87M |
| DilutedEPS | -0.31 | -0.17 | -0.17 | -0.09 |
| BasicEPS | -0.31 | -0.17 | -0.17 | -0.09 |
| DilutedNIAvailtoComStockholders | -100.19M | -53.40M | -50.99M | -31.25M |
| NetIncomeCommonStockholders | -100.19M | -53.40M | -50.99M | -31.25M |
| NetIncome | -100.19M | -53.40M | -50.99M | -31.25M |
| NetIncomeIncludingNoncontrollingInterests | -100.19M | -53.40M | -50.99M | -31.25M |
| NetIncomeContinuousOperations | -100.19M | -53.40M | -50.99M | -31.25M |
| TaxProvision | 188.00K | -853.00K | 1.25M | 25.00K |
| PretaxIncome | -100.00M | -54.25M | -49.74M | -31.23M |
| OtherIncomeExpense | -5.79M | 7.22M | 23.64M | 528.00K |
| OtherNonOperatingIncomeExpenses | -479.00K | 425.00K | -1.79M | -312.00K |
| SpecialIncomeCharges | -5.31M | 6.79M | 25.43M | 840.00K |
| OtherSpecialCharges | -840.00K | |||
| RestructuringAndMergernAcquisition | 5.31M | -6.79M | -25.43M | 0.00 |
| GainOnSaleOfSecurity | -3.97M | |||
| NetNonOperatingInterestIncomeExpense | 15.04M | 16.68M | 6.20M | 248.00K |
| TotalOtherFinanceCost | 855.04K | |||
| InterestIncomeNonOperating | 15.04M | 16.68M | 6.20M | 248.00K |
| OperatingIncome | -109.25M | -78.16M | -79.57M | -32.01M |
| OperatingExpense | 110.54M | 78.16M | 79.57M | 32.01M |
| ResearchAndDevelopment | 72.14M | 30.68M | 27.97M | 15.51M |
| SellingGeneralAndAdministration | 38.40M | 47.48M | 51.61M | 16.49M |
| GeneralAndAdministrativeExpense | 38.40M | 47.48M | 51.61M | 16.49M |
| OtherGandA | 38.40M | 47.48M | 51.61M | 16.49M |
| GrossProfit | 1.29M | 0.00 | ||
| CostOfRevenue | 752.00K | 0.00 | ||
| TotalRevenue | 2.04M | 0.00 | 0.00 | 0.00 |
| OperatingRevenue | 2.04M | 0.00 | 0.00 | 0.00 |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 361.56M | 354.15M | 349.71M | 347.87M |
| ShareIssued | 361.56M | 354.15M | 349.71M | 347.87M |
| NetDebt | 1.04M | |||
| TotalDebt | 10.56M | 13.72M | 12.06M | 0.00 |
| TangibleBookValue | 277.09M | 357.61M | 390.07M | -89.95M |
| InvestedCapital | 278.31M | 358.95M | 391.54M | -88.32M |
| WorkingCapital | 254.09M | 328.27M | 377.28M | 158.99M |
| NetTangibleAssets | 277.09M | 357.61M | 390.07M | -89.95M |
| CapitalLeaseObligations | 10.56M | 13.72M | 12.06M | 0.00 |
| CommonStockEquity | 278.31M | 358.95M | 391.54M | -88.32M |
| TotalCapitalization | 278.31M | 358.95M | 391.54M | -88.32M |
| TotalEquityGrossMinorityInterest | 278.31M | 358.95M | 391.54M | -88.32M |
| StockholdersEquity | 278.31M | 358.95M | 391.54M | -88.32M |
| GainsLossesNotAffectingRetainedEarnings | -2.23M | -1.61M | -1.25M | 367.00K |
| OtherEquityAdjustments | -2.23M | -1.61M | -1.25M | 367.00K |
| RetainedEarnings | -298.87M | -198.69M | -145.29M | -94.29M |
| AdditionalPaidInCapital | 579.38M | 559.21M | 538.04M | 5.60M |
| CapitalStock | 36.00K | 35.00K | 35.00K | 6.00K |
| CommonStock | 36.00K | 35.00K | 35.00K | 6.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | |
| TotalLiabilitiesNetMinorityInterest | 51.48M | 47.86M | 48.90M | 281.68M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 28.66M | 27.50M | 29.54M | 270.69M |
| OtherNonCurrentLiabilities | 12.08M | 6.92M | 12.72M | 749.00K |
| PreferredSecuritiesOutsideStockEquity | 0.00 | 269.94M | ||
| DerivativeProductLiabilities | 25.32M | |||
| NonCurrentAccruedExpenses | 4.89M | |||
| NonCurrentDeferredLiabilities | 8.61M | 9.27M | 6.66M | 0.00 |
| NonCurrentDeferredRevenue | 8.61M | 9.27M | 6.66M | 0.00 |
| LongTermDebtAndCapitalLeaseObligation | 7.98M | 11.32M | 10.16M | 0.00 |
| LongTermCapitalLeaseObligation | 7.98M | 11.32M | 10.16M | 0.00 |
| LongTermDebt | 1.15M | |||
| CurrentLiabilities | 22.82M | 20.36M | 19.36M | 10.98M |
| OtherCurrentLiabilities | 9.89M | 4.54M | 979.00K | 853.00K |
| CurrentDeferredLiabilities | 0.00 | 4.19M | ||
| CurrentDeferredRevenue | 0.00 | 4.19M | ||
| CurrentDebtAndCapitalLeaseObligation | 2.58M | 2.40M | 1.90M | |
| CurrentCapitalLeaseObligation | 2.58M | 2.40M | 1.90M | 0.00 |
| PensionandOtherPostRetirementBenefitPlansCurrent | 6.65M | 7.02M | 3.12M | |
| PayablesAndAccruedExpenses | 3.69M | 6.39M | 9.18M | 10.13M |
| CurrentAccruedExpenses | 1.48M | 1.27M | 1.57M | 5.19M |
| Payables | 2.21M | 5.12M | 7.61M | 4.94M |
| DuetoRelatedPartiesCurrent | 20.53K | |||
| TotalTaxPayable | 313.00K | 288.00K | 1.42M | 226.00K |
| IncomeTaxPayable | 313.00K | 288.00K | 1.42M | 226.00K |
| AccountsPayable | 1.90M | 4.83M | 6.19M | 4.71M |
| TotalAssets | 329.79M | 406.81M | 440.44M | 193.35M |
| TotalNonCurrentAssets | 52.88M | 58.18M | 43.80M | 23.38M |
| OtherNonCurrentAssets | 2.24M | 4.72M | 3.21M | 9.26M |
| NonCurrentDeferredAssets | 1.33M | 1.06M | 0.00 | 0.00 |
| NonCurrentDeferredTaxesAssets | 1.33M | 1.06M | 0.00 | |
| GoodwillAndOtherIntangibleAssets | 1.22M | 1.34M | 1.47M | 1.63M |
| OtherIntangibleAssets | 1.22M | 1.34M | 1.47M | 1.63M |
| NetPPE | 48.09M | 51.06M | 39.12M | 12.49M |
| AccumulatedDepreciation | -20.88M | -12.97M | -7.60M | -5.25M |
| GrossPPE | 68.97M | 64.03M | 46.72M | 17.74M |
| Leases | 24.39M | 18.23M | 11.44M | 4.11M |
| ConstructionInProgress | 1.97M | 9.77M | 5.42M | 6.04M |
| OtherProperties | 9.93M | 13.10M | 11.36M | |
| MachineryFurnitureEquipment | 32.69M | 22.93M | 18.49M | 7.60M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 276.90M | 348.63M | 396.64M | 169.97M |
| OtherCurrentAssets | 13.20M | 11.71M | 3.79M | 1.56M |
| PrepaidAssets | 608.90K | |||
| Inventory | 212.00K | 558.00K | 383.00K | 0.00 |
| Receivables | 950.00K | 3.91M | 2.38M | 7.91M |
| DuefromRelatedPartiesCurrent | 0.00 | 3.91M | 2.38M | 7.91M |
| AccountsReceivable | 950.00K | 0.00 | ||
| CashCashEquivalentsAndShortTermInvestments | 262.54M | 332.45M | 390.08M | 160.50M |
| OtherShortTermInvestments | 133.75M | 246.78M | 283.46M | 0.00 |
| CashAndCashEquivalents | 128.80M | 85.67M | 106.62M | 160.50M |
| CashEquivalents | 120.89M | 75.00M | 46.31M | 3.01M |
| CashFinancial | 7.91M | 10.67M | 60.31M | 157.48M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -78.29M | -72.17M | -61.15M | -38.97M |
| RepaymentOfDebt | -500.00K | |||
| IssuanceOfDebt | 0.00 | 0.00 | ||
| IssuanceOfCapitalStock | 0.00 | 0.00 | 187.90M | |
| CapitalExpenditure | -12.21M | -15.76M | -14.65M | -8.98M |
| IncomeTaxPaidSupplementalData | 286.00K | 222.00K | 0.00 | 0.00 |
| EndCashPosition | 129.40M | 86.97M | 107.94M | 161.04M |
| BeginningCashPosition | 86.97M | 107.94M | 161.04M | 2.73M |
| EffectOfExchangeRateChanges | -687.00K | -552.00K | -526.00K | 233.00K |
| ChangesInCash | 43.12M | -20.42M | -52.58M | 158.08M |
| FinancingCashFlow | 1.01M | 3.27M | 289.93M | 184.76M |
| CashFlowFromContinuingFinancingActivities | 1.01M | 3.27M | 289.93M | 184.76M |
| NetOtherFinancingCharges | 2.75M | 289.60M | -3.33M | |
| ProceedsFromStockOptionExercised | 1.01M | 524.00K | 330.00K | 197.00K |
| NetPreferredStockIssuance | 0.00 | 0.00 | 187.90M | |
| PreferredStockIssuance | 0.00 | 0.00 | 187.90M | |
| NetCommonStockIssuance | 283.52M | |||
| CommonStockIssuance | 283.52M | |||
| NetIssuancePaymentsOfDebt | 0.00 | 0.00 | ||
| NetLongTermDebtIssuance | 0.00 | 0.00 | ||
| LongTermDebtPayments | -500.00K | |||
| LongTermDebtIssuance | 0.00 | 0.00 | ||
| InvestingCashFlow | 108.19M | 32.72M | -296.01M | 3.31M |
| CashFlowFromContinuingInvestingActivities | 108.19M | 32.72M | -296.01M | 3.31M |
| NetOtherInvestingChanges | -276.00M | |||
| NetInvestmentPurchaseAndSale | 120.40M | 48.48M | -281.36M | 12.29M |
| SaleOfInvestment | 335.50M | 330.00M | 130.00M | 163.10M |
| PurchaseOfInvestment | -215.10M | -281.52M | -411.36M | -150.81M |
| NetIntangiblesPurchaseAndSale | 0.00 | 0.00 | -26.00K | |
| PurchaseOfIntangibles | 0.00 | 0.00 | -26.00K | |
| NetPPEPurchaseAndSale | -12.21M | -15.76M | -14.65M | -8.95M |
| PurchaseOfPPE | -12.21M | -15.76M | -14.65M | -8.95M |
| OperatingCashFlow | -66.09M | -56.41M | -46.50M | -29.99M |
| CashFlowFromContinuingOperatingActivities | -66.09M | -56.41M | -46.50M | -29.99M |
| ChangeInWorkingCapital | 8.39M | -11.11M | 6.41M | -4.22M |
| ChangeInOtherWorkingCapital | -278.00K | -1.06M | ||
| ChangeInOtherCurrentLiabilities | -2.92M | 1.80M | ||
| ChangeInOtherCurrentAssets | 2.94M | -1.87M | ||
| ChangeInPayablesAndAccruedExpense | 7.55M | -104.00K | 2.86M | 5.35M |
| ChangeInAccruedExpense | 7.62M | -42.00K | 6.83M | 4.07M |
| ChangeInPayable | -72.00K | -62.00K | -3.98M | 1.29M |
| ChangeInAccountPayable | -72.00K | -62.00K | -3.98M | 1.29M |
| ChangeInPrepaidAssets | -2.20M | -8.17M | -1.59M | -1.67M |
| ChangeInInventory | 330.00K | -184.00K | -383.00K | 0.00 |
| ChangeInReceivables | 2.96M | -1.53M | 5.53M | -7.91M |
| ChangesInAccountReceivables | -950.00K | 0.00 | ||
| OtherNonCashItems | 3.98M | -7.04M | -24.94M | 95.00K |
| StockBasedCompensation | 19.93M | 20.65M | 22.77M | 4.57M |
| AmortizationOfSecurities | -7.21M | -11.05M | -2.35M | 0.00 |
| DepreciationAmortizationDepletion | 8.31M | 5.54M | 2.60M | 1.66M |
| DepreciationAndAmortization | 8.31M | 5.54M | 2.60M | 1.66M |
| AmortizationCashFlow | 100.00K | 100.00K | ||
| AmortizationOfIntangibles | 100.00K | 100.00K | ||
| Depreciation | 8.20M | 5.40M | 2.50M | 1.50M |
| OperatingGainsLosses | 701.00K | -840.00K | ||
| GainLossOnInvestmentSecurities | 4.03M | |||
| GainLossOnSaleOfPPE | 701.00K | 0.00 | ||
| NetIncomeFromContinuingOperations | -100.19M | -53.40M | -50.99M | -31.25M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for SES
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|