Solid Power (SLDP) Expected to Announce Earnings on Tuesday

Solid Power (NASDAQ:SLDP) is expected to be announcing its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect Solid Power to post earnings of ($0.14) per share and revenue of $5.00 million for the quarter.

Solid Power (NASDAQ:SLDP) last posted its quarterly earnings results on Thursday, February 27th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.04). The business had revenue of $4.46 million during the quarter, compared to analyst estimates of $3.85 million. Solid Power had a negative net margin of 471.22% and a negative return on equity of 18.08%.

Solid Power Stock Up 0.9 %

SLDP opened at $1.11 on Friday. The company’s 50-day moving average price is $1.10 and its 200 day moving average price is $1.27. Solid Power has a fifty-two week low of $0.68 and a fifty-two week high of $2.70. The firm has a market cap of $202.01 million, a price-to-earnings ratio of -2.27 and a beta of 1.44.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC restated a “buy” rating and set a $2.00 price objective on shares of Solid Power in a research report on Wednesday, January 15th.

Insider Buying and Selling at Solid Power

In related news, CTO Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $1.13, for a total transaction of $211,875.00. Following the sale, the chief technology officer now directly owns 865,304 shares in the company, valued at $977,793.52. The trade was a 17.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 4.90% of the stock is owned by company insiders.

About Solid Power

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.