Latest news with #SESAI
Yahoo
3 days ago
- Business
- Yahoo
Why SES AI Stock Plunged Today
Key Points SES AI reported worse-than-expected Q2 results. The company just regained compliance with the NYSE yesterday. SES AI shares are likely to remain volatile for a while. 10 stocks we like better than Ses Ai › Shares of the electric vehicle (EV) battery technology company SES AI Corporation (NYSE: SES) fell hard today after the company released Q2 results yesterday that missed analysts' consensus estimates for both its top and bottom lines. SES AI stock was down by 17.5% as of 11:05 a.m. ET, giving up all the gains it made yesterday after the company regained compliance with the New York Stock Exchange's listing requirements. A disappointing quarter Just one day after receiving a note from the New York Stock Exchange that it was back in compliance with the exchange -- after its shares remained at an average closing price of $1 for 30 days -- SES AI's stocks fell sharply as investors processed the company's unimpressive quarter. SES AI's revenue was $3.5 million in Q2, below Wall Street's consensus estimate of $4.5 million, and the company's loss of $0.07 per share was worse than analysts' expectation of a loss of $0.05 per share. Despite the lackluster results, SES AI founder and CEO, Qichao Hu, said the company's "path to profitability remains strong, and we are on track to reach our year-end revenue target of between $15 million to $25 million." One bright spot for the company is that it ended the second quarter with no debt and $229 million in cash. A bumpy road ahead Investors' upbeat response to SES AI achieving NYSE compliance yesterday -- followed by today's sharp sell-off after disappointing Q2 results -- shows that this stock is likely to stay volatile in the near term. Even with the company sticking to its outlook of annual revenue between $15 million and $25 million for the year and SES AI not having any debt right now, investors should be cautious about buying this EV stock. Regaining compliance is certainly a step in the right direction, but its Q2 results show that SES AI likely has a long way to go before investors should consider buying it. Should you invest $1,000 in Ses Ai right now? Before you buy stock in Ses Ai, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ses Ai wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $631,505!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,103,313!* Now, it's worth noting Stock Advisor's total average return is 1,039% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why SES AI Stock Plunged Today was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 days ago
- Business
- Yahoo
SES AI Reports Second Quarter 2025 Financial Results
Reports second quarter revenue of $3.5 million Affirms 2025 revenue guidance of $15 million to $25 million Released MU-0.5, the latest version of Molecular Universe software and services platform for all batteries and chemistries Expands Reach into Energy Storage Systems with Agreement to acquire UZ Energy WOBURN, Mass., August 04, 2025--(BUSINESS WIRE)--SES AI Corporation ("SES AI", the "Company," "we" or "us") (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced its business results for the second quarter ended June 30, 2025 and affirmed its previously issued financial guidance for the year ending December 31, 2025. Second Quarter 2025 Highlights: Revenue of $3.5 million for a total of $9.3 million in the first half of 2025 Gross Margin of 74%, primarily from strong service performance Cash used in operations of $10.8 million, a 51% decrease from 2Q24 and a 53% decrease from 1Q25 Quarter end liquidity position of $229 million with no debt More than 30 companies are Molecular Universe enterprise-level trial users Affirms 2025 revenue guidance of $15 million to $25 million The Company posted a Letter to Our Shareholders on its Investor Relations website from Founder and CEO Dr. Qichao Hu and Chief Financial Officer Jing Nealis, which provides a business update, details on its second quarter 2025 results, and its guidance for 2025. Qichao Hu, Founder and CEO of SES AI, noted, "Last week in our preliminary earnings release, we stated that our path to profitability remains strong, and we are on track to reach our year-end revenue target of between $15 million to $25 million. MU-0.5, our most recent version of Molecular Universe, continues to gain traction with battery OEMs, as we now have more than 30 enterprise-level trial users, including several battery OEMs from Japan who join our existing Chinese and Korean trial customers. "In addition, we also announced an agreement to acquire UZ Energy, an established player in the ESS space in Europe, Australia and Asia. We are excited to leverage UZ's strong marketing team and hardware platform to expand our market share in not only the global $300 billion ESS market but specifically in the United States. For the remainder of 2025, we will continue to be disciplined in deployment of our excess liquidity in potential M&A and share repurchases, developing the next release of Molecular Universe to meet customer needs and building on UZ Energy's strengths in ESS," Hu added. The Company will hold a conference call on Monday, August 4, 2025, at 5:00 p.m. ET. A webcast of the live conference call will be available through SES's Investor Relations website, The conference call can also be accessed live over the phone by dialing the following numbers:United States (Toll Free): +1 833-470-1428International: +1 404-975-4839https:// Access Code: 681928 A webcast replay will be available shortly after the call at: About SES AI: SES AI Corp. (NYSE: SES) is powering the future of global electric transportation on land and in the air with the world's most advanced Li-Metal batteries. SES AI is the first battery company in the world to accelerate its pace of innovation by utilizing superintelligent AI across the spectrum of its business, from research and development; materials sourcing; cell design; engineering and manufacturing; to battery health and safety monitoring. Founded in 2012, SES AI is an Li-Metal battery developer and manufacturer headquartered in Boston and with operations in Singapore, Shanghai, and Seoul. Learn more at SES AI may use its website as a distribution channel of material company information. Financial and other important information regarding SES AI is routinely posted on and accessible through the Company's website at Accordingly, investors should monitor this channel, in addition to following SES AI's press releases, Securities and Exchange Commission filings and public conference calls and webcasts. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "will," "goal," "prioritize," "plan," "target," "expect," "focus," "look forward," "opportunity," "believe," "estimate," "continue," "anticipate," "project" and "pursue" or the negative of these terms or similar expressions. These statements are based on the beliefs and assumptions of the management of the Company. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. Should one or more of a number of known and unknown risks and uncertainties materialize, or should any of our assumptions prove incorrect, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include, but are not limited to, among other things, that conditions to the closing of the acquisition of Shenzhen UZ Energy Co. Ltd. and its related entities ("UZ Energy") may not be satisfied, the potential impact on the business of the Company due to the announcement of the acquisition of UZ Energy, the occurrence of any event, change or other circumstances that could give rise to the termination of the purchase agreement therefor, changes in the financial condition, business or prospects of UZ Energy or the Company's discovery of additional information relating thereto, general economic conditions, and other factors described in our filings with the Securities and Exchange Commission (the "SEC"), including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of our most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. Any forward-looking statements made by us in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law. View source version on Contacts For the media: pr@ For investors: ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
SES AI Corporation (SES) Reports Q2 Loss, Lags Revenue Estimates
SES AI Corporation (SES) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -40.00%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.04, delivering a surprise of +42.86%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. SES AI, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $3.53 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 21.62%. This compares to zero revenues a year ago. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. SES AI shares have lost about 44.8% since the beginning of the year versus the S&P 500's gain of 6.1%. What's Next for SES AI? While SES AI has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for SES AI was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.05 on $5 million in revenues for the coming quarter and -$0.15 on $20.8 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Holley Inc. (HLLY), another stock in the same industry, has yet to report results for the quarter ended June 2025. The results are expected to be released on August 6. This company is expected to post quarterly earnings of $0.10 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 12% higher over the last 30 days to the current level. Holley Inc.'s revenues are expected to be $162.55 million, down 4.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SES AI Corporation (SES) : Free Stock Analysis Report Holley Inc. (HLLY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Globe and Mail
5 days ago
- Business
- Globe and Mail
Why SES AI Stock Surged 13% Higher Today
Key Points It regained compliance with New York Stock Exchange listing requirements. These stipulate that a stock must trade at a trailing average of $1 per share. 10 stocks we like better than Ses Ai › One trading day can make quite a difference in the life of a stock. This was well on display Monday with next-generation electric vehicle (EV) battery developer SES AI (NYSE: SES). The company's share price leaped more than 13% skyward on some good news with its stock listing. That advance was more than strong enough to crush the 1.5% increase of the bellwether S&P 500 index. An electric announcement SES AI disclosed in a regulatory filing Monday, no doubt with immense relief, that it received notice from the New York Stock Exchange that it had regained compliance with the bourse's listing requirement. Specifically, this mandates that a stock on the exchange must trade for about $1 per share for a 30-day period. In the tersely worded document, SES AI said NYSE informed the company on Friday, citing the 30-day stretch that ended on July 31. Although SES AI is a relatively early-stage company, it has lately been drawing revenue and attracting notice for its cutting-edge battery solutions. However, the growth of EV sales isn't as robust as it once was, and the company has posted a string of bottom-line losses. Growth by other means Yet SES AI is also a company on the move; in recent days, it has shown an appetite for growing through acquisitions. It concluded a deal to purchase energy storage systems (ESS) developer UZ Energy for a price of around $25.5 million. That acquisition could prove to be rather complementary to its business, assuming it is integrated effectively and efficiently into its operations. Should you invest $1,000 in Ses Ai right now? Before you buy stock in Ses Ai, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Ses Ai wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025
Yahoo
5 days ago
- Business
- Yahoo
Why SES AI Stock Surged 13% Higher Today
Key Points It regained compliance with New York Stock Exchange listing requirements. These stipulate that a stock must trade at a trailing average of $1 per share. 10 stocks we like better than Ses Ai › One trading day can make quite a difference in the life of a stock. This was well on display Monday with next-generation electric vehicle (EV) battery developer SES AI (NYSE: SES). The company's share price leaped more than 13% skyward on some good news with its stock listing. That advance was more than strong enough to crush the 1.5% increase of the bellwether S&P 500 index. An electric announcement SES AI disclosed in a regulatory filing Monday, no doubt with immense relief, that it received notice from the New York Stock Exchange that it had regained compliance with the bourse's listing requirement. Specifically, this mandates that a stock on the exchange must trade for about $1 per share for a 30-day period. In the tersely worded document, SES AI said NYSE informed the company on Friday, citing the 30-day stretch that ended on July 31. Although SES AI is a relatively early-stage company, it has lately been drawing revenue and attracting notice for its cutting-edge battery solutions. However, the growth of EV sales isn't as robust as it once was, and the company has posted a string of bottom-line losses. Growth by other means Yet SES AI is also a company on the move; in recent days, it has shown an appetite for growing through acquisitions. It concluded a deal to purchase energy storage systems (ESS) developer UZ Energy for a price of around $25.5 million. That acquisition could prove to be rather complementary to its business, assuming it is integrated effectively and efficiently into its operations. Should you buy stock in Ses Ai right now? Before you buy stock in Ses Ai, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ses Ai wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why SES AI Stock Surged 13% Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
