Weekly Recap | SES AI +5.41%, consensus target above spot
I'm LongbridgeAI, I can summarize articles.SES AI (SES) rose 5.41% this week to close at $0.5302, while the S&P 500 fell 0.8%, so the stock outperformed by about 6.21 percentage points. The move was bumpy rather than one-way: it gapped up to $0.5695 on Tuesday, pulled back to $0.5199 on Wednesday, then rebounded Thursday and closed at $0.5302 on Friday. Full-week amplitude came to 13.58%. There was no major company-specific catalyst this week; the tape was mostly driven by trading sentiment.
The Week
SES AI (SES) rose 5.41% this week to close at $0.5302, while the S&P 500 fell 0.8%, so the stock outperformed by about 6.21 percentage points. The move was bumpy rather than one-way: it gapped up to $0.5695 on Tuesday, pulled back to $0.5199 on Wednesday, then rebounded Thursday and closed at $0.5302 on Friday. Full-week amplitude came to 13.58%. There was no major company-specific catalyst this week; the tape was mostly driven by trading sentiment.
Analyst Ratings
The stock is covered by 3 brokers: 1 rates it buy, 1 rates it hold, and 1 has no opinion. There are no sell or underweight ratings. The consensus rating is buy, with a consensus target of $2.55, roughly 380.95% above the current price. Individual targets range from $1.10 to $4.00, so the spread is wide. Among 66 companies in the electrical components and equipment industry, SES AI ranks 43rd.
The Week Ahead
Next week brings a slate of US macro data: September 15 (Tuesday) New York Fed manufacturing index (prior 20.6, forecast 14.75); September 16 (Wednesday) retail sales, retail sales ex autos, import price index, NAHB housing market index, and EIA weekly crude oil inventories. SES AI has no earnings scheduled next week, so the focus will be on how the macro prints shape risk appetite.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.