Should I buy or sell Solid Power stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solid Power in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SLDP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SLDP, but not buy additional shares or sell existing shares. View SLDP analyst ratings or view top-rated stocks .

What is Solid Power's stock price target for 2024?

4 brokerages have issued 12-month target prices for Solid Power's stock. Their SLDP share price targets range from $2.00 to $5.00. On average, they anticipate the company's stock price to reach $3.25 in the next year. This suggests a possible upside of 104.4% from the stock's current price. View analysts price targets for SLDP or view top-rated stocks among Wall Street analysts .

How have SLDP shares performed in 2024?

Solid Power's stock was trading at $1.45 at the start of the year. Since then, SLDP stock has increased by 9.7% and is now trading at $1.59. View the best growth stocks for 2024 here .

When is Solid Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our SLDP earnings forecast .

How were Solid Power's earnings last quarter?

Solid Power, Inc. (NASDAQ:SLDP) issued its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.11) earnings per share for the quarter, meeting the consensus estimate of ($0.11). The company had revenue of $2.35 million for the quarter, compared to analyst estimates of $4.14 million. Solid Power had a negative trailing twelve-month return on equity of 12.55% and a negative net margin of 376.47%.

What ETF holds Solid Power's stock?

Invesco WilderHill Clean Energy ETF holds 3,460,364 shares of SLDP stock, representing 1.73% of its portfolio.

What guidance has Solid Power issued on next quarter's earnings?

Solid Power updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $20.0 million-$25.0 million, compared to the consensus revenue estimate of $25.1 million.

Who are Solid Power's major shareholders?

Solid Power's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include CVA Family Office LLC (0.30%). Insiders that own company stock include Douglas M Campbell, Erik J Anderson, John Joseph Stephens, Joshua Buettner-Garrett, Steven H Goldberg and Volta Energy Technologies, Llc. View institutional ownership trends .

How do I buy shares of Solid Power?

Shares of SLDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SLDP

Solid Power (SLDP) Stock Price, News & Analysis

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$1.59

-0.01 (-0.63%)

(As of 04/17/2024 ET)

Compare

Today's Range: $1.58
▼
$1.66
50-Day Range: $1.35
▼
$2.03
52-Week Range: $1.10
▼
$3.20

Volume: 1.20 million shs
Average Volume: 3.58 million shs
Market Capitalization: $287.93 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.25

Get Solid Power alerts:

Solid Power MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 104.4% Upside
$3.25 Price Target
Short Interest: Bearish
12.37% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.50
Based on 2 Articles This Week
Insider Trading: Selling Shares
$900,000 Sold Last Quarter
Proj. Earnings Growth: Decreasing
From ($0.42) to ($0.52) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.98 out of 5 stars

Auto/Tires/Trucks Sector

65th out of 77 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

22nd out of 26 stocks

3.1

Analyst's Opinion

Consensus Rating
Solid Power has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.
Amount of Analyst Coverage
Solid Power has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
12.37% of the float of Solid Power has been sold short.
Short Interest Ratio / Days to Cover
Solid Power has a short interest ratio ("days to cover") of 4.3.
Change versus previous month
Short interest in Solid Power has recently increased by 13.71%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Solid Power does not currently pay a dividend.
Dividend Growth
Solid Power does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SLDP.

2.5

News and Social Media Coverage

News Sentiment
Solid Power has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Solid Power this week, compared to 1 article on an average week.
Search Interest
Only 14 people have searched for SLDP on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added Solid Power to their MarketBeat watchlist in the last 30 days. This is a decrease of -9% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Solid Power insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $900,000.00 in company stock.
Percentage Held by Insiders
Only 6.80% of the stock of Solid Power is held by insiders.
Percentage Held by Institutions
Only 33.66% of the stock of Solid Power is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Solid Power are expected to decrease in the coming year, from ($0.42) to ($0.52) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Solid Power is -4.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Solid Power is -4.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Solid Power has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Solid Power Stock (NASDAQ:SLDP)

Solid Power, Inc. develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells. Solid Power, Inc. was founded in 2011 and is headquartered in Louisville, Colorado.

SLDP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SLDP Stock News Headlines

April 5, 2024 | insidertrades.com

Insider Selling: Solid Power, Inc. (NASDAQ:SLDP) CTO Sells 187,500 Shares of Stock

March 20, 2024 | insidertrades.com

Solid Power, Inc. (NASDAQ:SLDP) CTO Sells $255,000.00 in Stock

April 18, 2024 | Market Moving Trends (Ad)

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April 16, 2024 | globenewswire.com

Solid Power Announces Upcoming Investor Conference Schedule

April 12, 2024 | investorplace.com

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March 21, 2024 | investing.com

Solid Power executive sells $254,700 in shares

March 11, 2024 | investorplace.com

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March 4, 2024 | finance.yahoo.com

Analysts Just Slashed Their Solid Power, Inc. (NASDAQ:SLDP) EPS Numbers

March 1, 2024 | finance.yahoo.com

Solid Power, Inc. (NASDAQ:SLDP) Analysts Are Cutting Their Estimates: Here's What You Need To Know

February 29, 2024 | seekingalpha.com

Solid Power, Inc. (SLDP) Q4 2023 Earnings Call Transcript

February 29, 2024 | finance.yahoo.com

Solid Power, Inc. (NASDAQ:SLDP) Q4 2023 Earnings Call Transcript

February 28, 2024 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Solid Power (SLDP) and Donaldson Company (DCI)

February 27, 2024 | msn.com

Solid Power GAAP EPS of -$0.37 beats by $0.01, revenue of $17.4M misses by $1.32M

February 27, 2024 | finance.yahoo.com

Solid Power Inc (SLDP) Reports Full Year 2023 Financial Results

February 27, 2024 | globenewswire.com

Solid Power Full Year 2023 Results Reflect Strong Execution

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/13/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Current Symbol: NASDAQ:SLDP
CUSIP: N/A
CIK: 1844862
Web: www.dcrbplus.com
Phone: 303-219-0720
Fax: N/A
Employees: 270
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.25
High Stock Price Target: $5.00
Low Stock Price Target: $2.00
Potential Upside/Downside: +104.4%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.37)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-65,550,000.00
Net Margins: -376.47%
Pretax Margin: -376.50%
Return on Equity: -12.55%
Return on Assets: -11.88%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 11.53
Quick Ratio: 11.53

Sales & Book Value

Annual Sales: $17.41 million
Price / Sales: 16.54
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.81 per share
Price / Book: 0.57

Miscellaneous

Outstanding Shares: 181,090,000
Free Float: 168,778,000
Market Cap: $287.93 million
Optionable: Optionable
Beta: 1.76

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Key Executives

Will McKenna
Marketing Communications Director
Stacy Morse
Vice President of Human Resources
Berislav Blizanac
Executive Vice President of Cell Technologies

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SLDP Stock Analysis - Frequently Asked Questions

Should I buy or sell Solid Power stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solid Power in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SLDP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SLDP, but not buy additional shares or sell existing shares.
View SLDP analyst ratings or view top-rated stocks.
What is Solid Power's stock price target for 2024?: 4 brokerages have issued 12-month target prices for Solid Power's stock. Their SLDP share price targets range from $2.00 to $5.00. On average, they anticipate the company's stock price to reach $3.25 in the next year. This suggests a possible upside of 104.4% from the stock's current price.
View analysts price targets for SLDP or view top-rated stocks among Wall Street analysts.
How have SLDP shares performed in 2024?: Solid Power's stock was trading at $1.45 at the start of the year. Since then, SLDP stock has increased by 9.7% and is now trading at $1.59.
View the best growth stocks for 2024 here.
When is Solid Power's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our SLDP earnings forecast.
How were Solid Power's earnings last quarter?: Solid Power, Inc. (NASDAQ:SLDP) issued its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.11) earnings per share for the quarter, meeting the consensus estimate of ($0.11). The company had revenue of $2.35 million for the quarter, compared to analyst estimates of $4.14 million. Solid Power had a negative trailing twelve-month return on equity of 12.55% and a negative net margin of 376.47%.

What ETF holds Solid Power's stock?: Invesco WilderHill Clean Energy ETF holds 3,460,364 shares of SLDP stock, representing 1.73% of its portfolio.
What guidance has Solid Power issued on next quarter's earnings?: Solid Power updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $20.0 million-$25.0 million, compared to the consensus revenue estimate of $25.1 million.
Who are Solid Power's major shareholders?: Solid Power's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include CVA Family Office LLC (0.30%). Insiders that own company stock include Douglas M Campbell, Erik J Anderson, John Joseph Stephens, Joshua Buettner-Garrett, Steven H Goldberg and Volta Energy Technologies, Llc.
View institutional ownership trends.
How do I buy shares of Solid Power?: Shares of SLDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SLDP) was last updated on 4/18/2024 by MarketBeat.com Staff

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Solid Power (SLDP) Stock Price, News & Analysis

Solid Power MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Solid Power Stock (NASDAQ:SLDP)

SLDP Stock Price History

SLDP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SLDP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™