profit from every $100 of sales.
$0$100
SES AI
$0.53-8.39% today
-73.4% in 1 year
1-year low $0.501-year high $2.57
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2024 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What SES AI sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $21.0 million in 2025, with -$73.0 million of profit last year.
SalesProfit
SES AI vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| SES AI | No profit yet | ||
 Magna International | 19.3× · Fair price | ||
 Autoliv | 11.8× · Cheap | ||
 Lear | 12.0× · Cheap | ||
 LKQ | 8.1× · Cheap |
AI analysis
An AI analyst reads SES AI's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 2 | 21 | |
| – | 0 | 1 | 11 | |
| -80 | -78 | -109 | -83 | |
| -77 | -73 | -101 | -72 | |
| -51 | -53 | -100 | -73 | |
| -0.17 | -0.17 | -0.31 | -0.22 | |
| – | – | 63.1% | 53.8% | |
| – | – | -5,355.3% | -393.4% | |
| – | – | -4,911.0% | -347.8% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 440 | 407 | 330 | 273 |
| Cash | 107 | 86 | 129 | 30 |
| Total debt | 12 | 14 | 11 | 9 |
| Total liabilities | 49 | 48 | 51 | 58 |
| 392 | 359 | 278 | 215 | |
| 288 | 315 | 322 | 331 | |
| -15.6% | -16.6% | -29.9% | -29.2% | |
| -13.0% | -14.9% | -36.0% | -34.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -47 | -56 | -66 | -58 | |
| 15 | 16 | 12 | 3 | |
| -61 | -72 | -78 | -61 | |
| Dividends paid | – | – | – | – |
| – | – | 0 | 2 | |
| 23 | 21 | 20 | 11 |
Valuation
- –
- –
- –
- 1.8×
- 9.0×
- –
- –
- -32.4%
- -38.6%
- 0.0%
Profitability
- 53.8%
- -393.4%
- -347.8%
- -310.7%
- -34.1%
- -11.7%
- -32.5%
- -28.7%
- -34.4%
- 262.6%
Growth
- +929.4%
- –
- +21.8%
- –
- +52.6%
Financial health
- -0.3×
- 0.04
- 3.0%
- –
- 6.86
- 6.62
- 0.09
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 1%of 981
Bottom 1%of 982
What analysts expect
- Average price target
- $2.70
- Range
- $1.40 – $4.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 23, 2026 | -0.03 | -0.01 | −200.0% |
| Mar 4, 2026 | -0.04 | -0.06 | +33.3% |
| Nov 5, 2025 | -0.06 | -0.03 | −100.0% |
| Aug 4, 2025 | -0.07 | -0.05 | −40.0% |
| Apr 24, 2025 | -0.04 | -0.07 | +42.9% |
| Feb 25, 2025 | -0.11 | -0.07 | −57.1% |
| Oct 31, 2024 | -0.09 | -0.05 | −80.0% |
| Jul 29, 2024 | -0.06 | -0.05 | −21.7% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
28No pass
Benjamin Graham
55No pass
Philip Fisher
42No pass
Peter Lynch
49No pass
Joel Greenblatt
0No pass
Charlie Munger
35No pass
Terry Smith
32No pass
Questions about SES AI
Is SES AI a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the SES AI AI analysis
What does SES AI do?
SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles and other applications. The company was founded in 2012 and is headquartered in Boston, Massachusetts. It is in Auto - Parts.
Does SES AI pay a dividend?
No. SES AI does not pay a dividend at the moment; in 2025 it returned $1.61 million to shareholders by buying back its own shares.
Is SES AI stock halal?
No. SES AI does not pass our halal screen: its cash and confirmed interest-bearing investments are 106% of its market value, at or above the 33% limit. How we check
How has SES AI stock done over the past year?
Down 73.4% over the past twelve months, to $0.53. It traded between $0.50 and $2.57 and is 79.4% below its high.
Who are SES AI's competitors?
The largest listed companies in the same industry are Magna International, Autoliv, Lear and LKQ. The peers table on this page compares their profit, growth and price with SES AI's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.