Why Did SES AI Plunge 12.19%? Analyst Downgrades, Earnings Miss

Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Jun 10, 2025 5:54 am ET1min read

On June 10, 2025,

(SES) experienced a significant drop of 12.19% in pre-market trading, marking a notable decline in its stock price.

Wall Street Zen downgraded shares of

from a "hold" rating to a "sell" rating in a report on Sunday, which likely contributed to the negative sentiment surrounding the stock.

New Street Research analysts initiated coverage on

AI stock with a Neutral rating, setting a price target of €5.80 for the company. This neutral stance may have influenced investor decisions, leading to the stock's decline.

SES AI Corporation reported earnings per share of ($0.04) for the quarter, which, despite beating expectations, may not have been sufficient to offset the negative ratings and overall market sentiment.

Comments



Add a public comment...
No comments

No comments yet