Shares of SES AI Corp (SES) experienced a sharp pre-market plunge of 17.50% on Tuesday following the release of its second-quarter 2025 financial results. The significant drop comes as the company reported earnings and revenue figures that fell well short of analysts' expectations, disappointing investors and triggering a sell-off.
According to the earnings report, SES AI Corp posted a quarterly adjusted loss of 7 cents per share, missing the mean expectation of a 4-cent loss projected by analysts. This result also represents a deeper loss compared to the same quarter last year when the company reported earnings per share of -6 cents. On the revenue front, SES AI Corp reported $3.53 million, falling short of the $4.33 million analysts had anticipated, further contributing to the negative market sentiment.
Despite the disappointing quarterly results, SES AI Corp affirmed its 2025 revenue guidance of $15-$25 million. However, this reassurance seems to have done little to allay investor concerns, as evidenced by the substantial stock price decline. The company's performance in the coming quarters will be closely watched as it strives to meet its full-year targets and improve its financial metrics in what appears to be a challenging market environment for the AI technology firm.