Mar. 6 at 4:30 AM
$SES I just read over 50 analyst’s reviews from some of the top people in the industry.
Personally and professionally, I believe to have a company go from
$20-
$25 million estimate to a
$50-
$60 million estimate is way out of vision or context of reality.
I just skimmed over ten competitors in the AI space (automotive, battery, energy storage, drones) NONE are profitable and all but one has very little cash to be operating on. Yet, their stock prices and estimates are very low compared to their price. NONE were expected to DOUBLE their earnings in one year from any analyst.
I found this highly unusual because they all compete in the same space. All these companies had a 15 to 20 percent expected forward forecast. Not SES AI they had a 100 % forecast estimate. Something is wrong here!