Stardust Power (NASDAQ:SDST – Get Free Report)‘s stock had its “sell (e+)” rating reiterated by investment analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.
Separately, Wall Street Zen lowered Stardust Power to a “strong sell” rating in a research report on Saturday, September 13th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.13.
Get Our Latest Analysis on SDST
Stardust Power Price Performance
Stardust Power (NASDAQ:SDST – Get Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The company reported ($0.60) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.30). As a group, equities research analysts anticipate that Stardust Power will post -0.63 earnings per share for the current fiscal year.
Institutional Trading of Stardust Power
A number of large investors have recently modified their holdings of the company. Warberg Asset Management LLC purchased a new stake in shares of Stardust Power in the second quarter valued at approximately $35,000. Armistice Capital LLC purchased a new stake in shares of Stardust Power in the first quarter valued at approximately $2,134,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in shares of Stardust Power in the first quarter valued at approximately $160,000. Hedge funds and other institutional investors own 32.79% of the company’s stock.
Stardust Power Company Profile
Stardust Power Inc is a vertically-integrated lithium refinery that engages in producing battery-grade lithium. The company was founded in 2022 and is based in Greenwich, Connecticut.
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