SES AI Corporation (SES)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
SES AI Corporation (SES) trades at $1.09 with AI Score 62/100 (Grade B+). SES AI Corporation specializes in developing and producing high-performance Lithium-metal rechargeable batteries for electric vehicles. Market cap: $397.22M, Sector: Consumer cyclical.
Last analyzed: May 10, 2026SES stock analysis for 2026: Analysts have set a consensus price target of $1.40 for SES AI Corporation, suggesting 28.4% upside from the current price of $1.09. The AI MoonshotScore is 62/100, indicating a bullish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
SES: 2/4 perspectives are bearish. Dominant signal: Seth Klarman bearish.
SES AI Corporation (SES) Consumer Business Overview
SES AI Corporation focuses on developing and manufacturing Lithium-metal rechargeable batteries for the electric vehicle market. With a focus on high-performance solutions, SES aims to address the growing demand for advanced battery technology in the automotive sector, positioning itself as a key player in the EV component supply chain.
What Is the Investment Thesis for SES?
SES AI Corporation presents a notable research candidate within the burgeoning electric vehicle (EV) battery market. The company's focus on Lithium-metal battery technology addresses the critical need for higher energy density and faster charging capabilities in EVs. With a gross margin of 36.3%, SES demonstrates potential for profitability as production scales. Key growth catalysts include ongoing partnerships with automotive manufacturers and advancements in battery technology. However, the company's negative profit margin of -331.7% indicates significant challenges in achieving profitability. The company's beta of 0.85 suggests lower volatility compared to the broader market. Successful commercialization of its battery technology and securing long-term supply agreements are crucial for realizing its growth potential.
Based on FMP financials and quantitative analysis
SES Key Highlights
- SES AI Corporation operates in the rapidly growing electric vehicle (EV) battery market, driven by increasing demand for EVs and government incentives.
- The company's focus on Lithium-metal battery technology addresses the need for higher energy density and faster charging capabilities in EVs.
- SES AI Corporation has established partnerships with automotive manufacturers to integrate its battery technology into next-generation EVs.
- The company's gross margin of 36.3% indicates potential for profitability as production scales.
- SES AI Corporation faces challenges in achieving profitability, as reflected in its negative profit margin of -331.7%.
Who Are SES's Competitors?
SES is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| QS QuantumScape Corporation | $7.04 | -2.70% | $4.33B | 45 |
| BLDP Ballard Power Systems Inc. | $4.18 | -0.71% | $1.26B | 64 |
| FCEL FuelCell Energy, Inc. | $17.82 | +0.76% | $944.33M | 58 |
| INVZ Innoviz Technologies Ltd. | $0.63 | -2.84% | $138.73M | 68 |
| HYLN Hyliion Holdings Corp. | $7.72 | +2.80% | $1.38B | 66 |
| TMH Toyota Motor Corporation ADRhedged | $48.96 | +0.00% | $3.61B | 60 |
| HSAI Hesai Group | $18.07 | +0.06% | $2.35B | 57 |
| MBLY Mobileye Global Inc. | $9.54 | -0.37% | $7.77B | 57 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SES's Key Strengths?
- Proprietary Lithium-metal battery technology.
- Focus on high-performance battery solutions.
- Partnerships with automotive manufacturers.
- Expertise in battery research and development.
What Are SES's Weaknesses?
- Negative profit margin.
- Limited commercial production experience.
- Dependence on technological advancements.
- Competition from established battery manufacturers.
What Could Drive SES Stock Higher?
- Continued advancements in Lithium-metal battery technology, leading to improved performance and cost reductions.
- Announcement of new partnerships with automotive manufacturers for battery supply agreements (2026-2027).
- Expansion of production capacity to meet growing demand for electric vehicle batteries (2027).
- Government incentives and regulations promoting the adoption of electric vehicles.
What Are the Key Risks for SES?
- Competition from established battery manufacturers with greater resources and market share.
- Technological advancements by competitors that could render SES's technology obsolete.
- Fluctuations in raw material prices, impacting battery production costs.
- Delays in scaling up production and meeting customer demand.
- Changes in government regulations and incentives affecting the electric vehicle market.
What Are the Growth Opportunities for SES?
- Strategic Partnerships: Expanding collaborations with automotive manufacturers to integrate SES's Lithium-metal batteries into next-generation electric vehicles. The global EV market is projected to reach $800 billion by 2027, providing a substantial opportunity for SES to secure long-term supply agreements and increase its market share. Timeline: Ongoing.
- Technological Advancements: Continuous innovation in Lithium-metal battery technology to further improve energy density, charging speed, and safety. Investments in research and development can lead to breakthroughs that differentiate SES's products and attract new customers. The market for advanced battery materials is expected to grow to $50 billion by 2028. Timeline: Ongoing.
- Expansion into Energy Storage: Leveraging SES's battery technology to enter the energy storage market, providing solutions for grid-scale storage and residential energy systems. The global energy storage market is projected to reach $100 billion by 2030, offering a significant growth opportunity for SES. Timeline: 2027-2030.
- Geographic Expansion: Expanding operations into new geographic markets, particularly in Europe and Asia, where demand for electric vehicles is rapidly growing. Establishing manufacturing facilities and distribution networks in these regions can increase SES's global presence and market reach. The Asia-Pacific EV market is expected to be the largest globally. Timeline: 2028-2030.
- Licensing Agreements: Licensing SES's battery technology to other companies for use in various applications, generating revenue through royalties and licensing fees. This can provide a low-risk, high-margin revenue stream and expand the reach of SES's technology. The market for battery technology licensing is expected to grow as demand for advanced battery solutions increases. Timeline: 2027-2030.
What Opportunities Does SES Have?
- Expanding partnerships with automotive manufacturers.
- Entering the energy storage market.
- Geographic expansion into new markets.
- Licensing battery technology to other companies.
What Threats Does SES Face?
- Competition from established battery manufacturers.
- Technological advancements by competitors.
- Fluctuations in raw material prices.
- Changes in government regulations and incentives.
What Are SES's Competitive Advantages?
- Proprietary Lithium-metal battery technology.
- Partnerships with automotive manufacturers.
- Focus on high-performance battery solutions.
- Expertise in battery research and development.
What Does SES Do?
SES AI Corporation, founded in 2012 and headquartered in Woburn, Massachusetts, is dedicated to revolutionizing the electric vehicle (EV) industry through the development and production of high-performance Lithium-metal rechargeable batteries. Recognizing the limitations of traditional Lithium-ion batteries, SES embarked on a mission to create batteries with higher energy density, faster charging capabilities, and improved safety. The company's core technology centers around its proprietary Lithium-metal battery platform, which promises significant advancements in EV performance. SES's batteries are designed to offer extended driving ranges, reduced charging times, and enhanced overall efficiency, addressing key consumer concerns and driving the adoption of electric vehicles. SES collaborates with automotive manufacturers to integrate its battery technology into next-generation EVs. By focusing on innovation and strategic partnerships, SES aims to become a leading provider of advanced battery solutions for the rapidly expanding electric vehicle market and other energy storage applications.
What Products and Services Does SES Offer?
- Develops Lithium-metal rechargeable batteries for electric vehicles.
- Produces high-performance batteries with enhanced energy density.
- Focuses on improving battery charging speeds and safety.
- Collaborates with automotive manufacturers for battery integration.
- Offers advanced battery solutions for the electric vehicle market.
- Researches and innovates in battery technology.
- Aims to provide extended driving ranges for electric vehicles.
How Does SES Make Money?
- Develops and manufactures Lithium-metal batteries.
- Sells batteries to electric vehicle manufacturers.
- Generates revenue through battery sales and supply agreements.
- Focuses on technological innovation and strategic partnerships.
What Industry Does SES Operate In?
SES AI Corporation operates within the dynamic and rapidly expanding electric vehicle (EV) battery industry. The industry is characterized by intense competition among established battery manufacturers and emerging technology companies. Key trends include the increasing demand for higher energy density, faster charging capabilities, and improved safety in EV batteries. SES AI Corporation's focus on Lithium-metal battery technology positions it to capitalize on these trends. The market is driven by government regulations promoting EV adoption and growing consumer demand for electric vehicles. SES competes with companies developing and manufacturing various battery technologies, including Lithium-ion and solid-state batteries.
Who Are SES's Key Customers?
- Electric vehicle manufacturers.
- Automotive companies integrating batteries into their vehicles.
- Potential customers in the energy storage market.
- Companies seeking advanced battery solutions.
SES Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- SES has garnered positive attention from insiders, with recent buying activity signaling confidence in the company's future prospects.
- The community sentiment has shifted favorably, with discussions highlighting SES's innovative technology in satellite communications.
- Recent partnerships and collaborations have been announced, enhancing SES's market position and signaling growth potential.
- Investors are optimistic about SES's strategic direction, particularly in expanding its service offerings and tapping into new markets.
Bear Case
- Some analysts express concerns over SES's ability to scale operations effectively in a competitive environment.
- The overall market sentiment remains cautious, with broader economic uncertainties impacting investor confidence in tech stocks like SES.
- Recent discussions have noted potential delays in product rollouts, which could hinder SES's growth trajectory.
- There is skepticism regarding SES's financial health, as some community members question the sustainability of its current business model.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SES Latest News
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SES UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds SES AI Corporation (SES) Investors of Securities Class Action Deadline on June 26, 2026
newsfilecorp.com · May 24, 2026
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Bronstein, Gewirtz & Grossman LLC Urges SES AI Corporation Investors to Act: Class Action Filed Alleging Investor Harm
feeds.newsfilecorp.com · May 24, 2026
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ROSEN, THE FIRST FILING FIRM, Encourages SES AI Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SES
globenewswire.com · May 24, 2026
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NeoVolta Appoints Jing Nealis as Chief Financial Officer
Yahoo! Finance: SES News · May 14, 2026
SES Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SES.
Price Targets
Consensus target: $1.40
SES MoonshotScore
What does this score mean?
The MoonshotScore rates SES's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
SES UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds SES AI Corporation (SES) Investors of Securities Class Action Deadline on June 26, 2026
Bronstein, Gewirtz & Grossman LLC Urges SES AI Corporation Investors to Act: Class Action Filed Alleging Investor Harm
ROSEN, THE FIRST FILING FIRM, Encourages SES AI Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SES
NeoVolta Appoints Jing Nealis as Chief Financial Officer
Latest SES AI Corporation Analysis
Leadership: Qichao Hu
CEO
Qichao Hu is the CEO of SES AI Corporation. He has a strong background in materials science and engineering, with a focus on battery technology. Prior to founding SES, he conducted research at the Massachusetts Institute of Technology (MIT), where he developed innovative battery materials and designs. His expertise in battery technology and his entrepreneurial drive led him to establish SES AI Corporation to commercialize his research and address the growing demand for high-performance batteries in the electric vehicle market.
Track Record: Under Qichao Hu's leadership, SES AI Corporation has achieved significant milestones in the development of Lithium-metal battery technology. He has overseen the establishment of partnerships with automotive manufacturers to integrate SES's batteries into next-generation EVs. He has also guided the company through various funding rounds and strategic initiatives to expand its research and development capabilities and scale up production. His vision and leadership have been instrumental in positioning SES as a key player in the EV battery industry.
What Investors Ask About SES AI Corporation (SES) — Consumer Cyclical
What does SES AI Corporation do?
SES AI Corporation specializes in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles. The company's core technology focuses on creating batteries with higher energy density, faster charging capabilities, and improved safety compared to traditional Lithium-ion batteries. SES collaborates with automotive manufacturers to integrate its battery technology into next-generation EVs, aiming to address key consumer concerns and drive the adoption of electric vehicles. By focusing on innovation and strategic partnerships, SES aims to become a leading provider of advanced battery solutions for the rapidly expanding electric vehicle market.
What do analysts say about SES stock?
Analyst coverage of SES AI Corporation is still emerging, with limited consensus available. Key valuation metrics, such as price-to-earnings ratio, are not applicable due to the company's current lack of profitability. Growth considerations center around the successful commercialization of its Lithium-metal battery technology and the ability to secure long-term supply agreements with automotive manufacturers. Analyst opinions vary, with some highlighting the potential of SES's technology and others expressing concerns about the challenges of scaling up production and competing with established battery manufacturers. Investors should conduct their own due diligence and consider the risks and uncertainties associated with investing in a pre-profitability technology company.
What are the main risks for SES?
SES AI Corporation faces several key risks, including intense competition from established battery manufacturers with greater resources and market share. Technological advancements by competitors could render SES's technology obsolete, impacting its competitive advantage. Fluctuations in raw material prices, such as lithium and cobalt, can significantly impact battery production costs and profitability. Delays in scaling up production and meeting customer demand could lead to missed opportunities and loss of market share. Changes in government regulations and incentives affecting the electric vehicle market could also impact the demand for SES's products. Managing these risks effectively is crucial for SES to achieve its growth objectives.
What are the key factors to evaluate for SES?
SES AI Corporation (SES) holds an AI score of 62/100 (moderate). Analysts target $1.40 (+28%). Not financial advice.
How frequently does SES data refresh on this page?
SES prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven SES's recent stock price performance?
SES AI Corporation (SES) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Proprietary Lithium-metal battery technology. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SES overvalued or undervalued right now?
Valuing SES AI Corporation (SES) requires multiple metrics. Analysts target $1.40 (+28%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying SES?
Before investing in SES AI Corporation (SES), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial data is as of the last reported period.