24/7 Market News Snapshot 28 July, 2025 – SES AI Corporation (NYSE:SES)
DENVER, Colo., 28 July, 2025 (www.247marketnews.com) – (NYSE:SES) are discussed in this article.
SES AI Corporation has demonstrated significant market momentum, opening today at $1.20 and rising to $1.365, marking an impressive increase of 15.68% from the previous close of $1.180. This surge has been fueled by robust trading activity, with a volume of 13.00 million shares exchanged, suggesting strong investor interest that may indicate a substantial breakout. Traders are advised to keep an eye on resistance levels around $1.40 and support near $1.25, as further volume trends will clarify the sustainability of this upward trajectory.
In addition to its stock market performance, SES AI has released preliminary financial results for the second quarter ending June 30, 2025, showcasing a revenue of $3.5 million, which brings the total for the first half of the year to $9.3 million. The company reports an impressive gross margin of 74%, indicative of its operational efficiency and strategic positioning towards profitability. Notably, SES AI has succeeded in significantly reducing cash burn for operational expenses, reporting a 51% decrease to $10.8 million compared to the same period last year. This financial prudence has enabled SES AI to maintain liquidity at $229 million, coupled with no debt, underpinning its healthy financial structure.
Qichao Hu, Founder and CEO, emphasized the company’s focus on achieving its profitability goals, highlighting that the second-quarter results are a testament to this commitment. The recent acquisition agreement with UZ Energy is expected to enhance SES AI’s capabilities in the global energy storage market, promising potential revenue growth in the coming years. Investors and analysts are looking forward to further elaborations on the financial results during the conference call set for August 4, 2025, which will delve into the company’s strategic outlook and future projections.
Related news for (SES)
- SES AI Announces Preliminary Second Quarter 2025 Financial Results
- SES AI Accelerates Timeline for Revenue Growth and Profitability with Acquisition of an Energy Storage System Producer UZ Energy
- SES AI to Participate in Fireside Chat at the Deutsche Bank 2025 Global Auto Industry Conference on Thursday, June 12, 2025