
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About
SES AI Corp (SES)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/17/2025: SES (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $1.33
1 Year Target Price $1.33
1 | Strong Buy |
0 | Buy |
2 | Hold |
0 | Sell |
1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -83.81% | Avg. Invested days 26 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 466.91M USD | Price to earnings Ratio - | 1Y Target Price 1.33 |
Price to earnings Ratio - | 1Y Target Price 1.33 | ||
Volume (30-day avg) 4 | Beta 0.4 | 52 Weeks Range 0.20 - 2.53 | Updated Date 09/17/2025 |
52 Weeks Range 0.20 - 2.53 | Updated Date 09/17/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.31 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -652.31% |
Management Effectiveness
Return on Assets (TTM) -20.8% | Return on Equity (TTM) -34.37% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 247340144 | Price to Sales(TTM) 41.1 |
Enterprise Value 247340144 | Price to Sales(TTM) 41.1 | ||
Enterprise Value to Revenue 21.77 | Enterprise Value to EBITDA -29.67 | Shares Outstanding 320896000 | Shares Floating 249399657 |
Shares Outstanding 320896000 | Shares Floating 249399657 | ||
Percent Insiders 17.17 | Percent Institutions 30.29 |
Upturn AI SWOT
SES AI Corp
Company Overview
History and Background
SES AI Corp (formerly known as SolidEnergy Systems) was founded in 2012. It focuses on developing and manufacturing high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications. SES has evolved from a research-focused startup to a company aiming for commercial-scale production.
Core Business Areas
- Li-Metal Battery Development: Development of high-energy-density Li-Metal batteries, primarily for the EV market.
- Battery Cell Manufacturing: Manufacturing and production of Li-Metal battery cells, focusing on scaling up production capacity.
- AI-Powered Battery Management Systems: Developing AI-powered software platform to optimize battery performance, safety, and lifespan.
Leadership and Structure
The leadership team includes key executives focused on technology, manufacturing, and finance. The organizational structure is designed to support research & development, production scaling, and commercialization efforts. Qichao Hu is the founder and CEO.
Top Products and Market Share
Key Offerings
- Apollo Li-Metal Batteries: Apollo Li-Metal batteries are designed for electric vehicles, offering higher energy density compared to conventional lithium-ion batteries. Specific market share data is not publicly available but SES is aiming to capture significant market share in the future. Competitors include QuantumScape, Solid Power, and StoreDot.
- Hermes Li-Metal Batteries: Hermes Li-Metal batteries are a slightly different design of batteries for electric vehicles, offering higher energy density compared to conventional lithium-ion batteries. Specific market share data is not publicly available but SES is aiming to capture significant market share in the future. Competitors include QuantumScape, Solid Power, and StoreDot.
- Avatar AI: AI-powered battery management system designed to optimize battery performance and safety. Revenue from this product is growing alongside battery sales. Competitors include conventional BMS systems from major automotive suppliers.
Market Dynamics
Industry Overview
The battery industry is experiencing rapid growth, driven by increasing demand for electric vehicles and energy storage systems. There is a strong push for next-generation battery technologies, like Li-Metal, to improve performance and reduce costs.
Positioning
SES AI Corp is positioned as a leader in Li-Metal battery technology, focusing on high energy density and safety. It aims to be a key supplier to the EV market.
Total Addressable Market (TAM)
The TAM for EV batteries is projected to be hundreds of billions of dollars by 2030. SES AI Corp is positioned to capture a significant share of this market with its Li-Metal technology, contingent on successful commercialization and production scaling.
Upturn SWOT Analysis
Strengths
- High energy density battery technology
- Strong research and development capabilities
- Partnerships with major automotive OEMs
- AI-powered battery management system
Weaknesses
- Limited production capacity
- Technology is still in development and scaling phase
- High capital expenditure requirements
- Relatively new company with limited track record
Opportunities
- Growing demand for electric vehicles
- Government incentives for battery technology development
- Potential for partnerships with energy storage companies
- Advancements in battery manufacturing technologies
Threats
- Competition from established battery manufacturers
- Technological advancements by competitors
- Fluctuations in raw material prices
- Regulatory changes
Competitors and Market Share
Key Competitors
- QS
- SLDP
- CALB
Competitive Landscape
SES AI Corp competes with established battery manufacturers and other companies developing next-generation battery technologies. Its advantages include high energy density and partnerships with major OEMs. Disadvantages include limited production capacity and high capital expenditure requirements.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is limited due to the company being in the early stages of commercialization.
Future Projections: Future growth projections depend on successful scaling of production and market adoption of Li-Metal batteries. Analyst estimates vary widely based on these factors.
Recent Initiatives: Recent initiatives include expanding production capacity, securing partnerships with automotive OEMs, and further developing AI-powered battery management systems.
Summary
SES AI Corp is a promising company developing Li-Metal battery technology for the EV market. Its high energy density batteries and AI-powered management system provide a competitive edge. However, it faces challenges in scaling production and competing with established players. Securing additional funding and demonstrating commercial viability are crucial for its success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Analyst Reports
- Third-Party Market Research
Disclaimers:
This analysis is based on available information and is subject to change. It does not constitute investment advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SES AI Corp
Exchange NYSE | Headquaters Woburn, MA, United States | ||
IPO Launch date 2021-03-01 | Founder, Chairman & CEO Dr. Qichao Hu | ||
Sector Consumer Cyclical | Industry Auto Parts | Full time employees 250 | Website https://www.ses.ai |
Full time employees 250 | Website https://www.ses.ai |
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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.