Solid Power (SLDP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.10 to $1.30
• 50-Day Range: $1.02 to $1.30
• 52-Week Range: $1.00 to $2.35
• Volume: 6.61 million shs
• Average Volume: 2.37 million shs
• Market Capitalization: $234.50 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.75
• Consensus Rating: Hold

Solid Power Stock Analysis - MarketRank™

Solid Power scored higher than 30% of companies evaluated by MarketBeat, and ranked 68th out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

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 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Solid Power is -2.65, 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 -2.65, 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 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.56% 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 8.8.

Change versus previous month

Short interest in Solid Power has recently decreased by 4.29%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Solid Power does not currently pay a dividend.

Dividend Growth

Solid Power does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.56% 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 8.8.

Change versus previous month

Short interest in Solid Power has recently decreased by 4.29%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.08

News Sentiment

Solid Power has a news sentiment score of -0.08. 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 lower news sentiment than the 0.55 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Solid Power this week, compared to 2 articles on an average week.

Search Interest

16 people have searched for SLDP on MarketBeat in the last 30 days. This is an increase of 129% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Solid Power to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

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 $1,280,479.00 in company stock.

Percentage Held by Insiders

Only 7.20% 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.

SLDP Stock Analysis - Frequently Asked Questions

How have SLDP shares performed this year?

Solid Power's stock was trading at $1.45 on January 1st, 2024. Since then, SLDP stock has decreased by 10.3% and is now trading at $1.30.
View the best growth stocks for 2024 here.

How were Solid Power's earnings last quarter?

Solid Power, Inc. (NASDAQ:SLDP) announced its quarterly earnings data on Tuesday, August, 6th. The company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by $0.06. The firm earned $5.08 million during the quarter, compared to analyst estimates of $13.11 million. Solid Power had a negative trailing twelve-month return on equity of 18.08% and a negative net margin of 471.22%.

Who are Solid Power's major shareholders?

Solid Power's top institutional shareholders include Geode Capital Management LLC (1.90%), State Street Corp (1.66%), Yaupon Capital Management LP (1.33%) and Charles Schwab Investment Management Inc. (0.65%). Insiders that own company stock include Douglas M Campbell, Volta Energy Technologies, Llc, Joshua Buettner-Garrett, John Joseph Stephens, Lesa B Roe and Steven H Goldberg.
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.

What other stocks do shareholders of Solid Power own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Solid Power investors own include NVIDIA (NVDA), AT&T (T), Phibro Animal Health (PAHC), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO) and Vertiv (VRT).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Miscellaneous electrical machinery, equipment, & supplies
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:SLDP
• CUSIP: N/A
• CIK: 1844862
• Web: www.dcrbplus.com
• Phone: 303-219-0720
• Fax: N/A
• Employees: 240
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.75
• High Stock Price Target: $5.00
• Low Stock Price Target: $1.00
• Potential Upside/Downside: +111.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.49)
• 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: -471.22%
• Pretax Margin: -466.31%
• Return on Equity: -18.08%
• Return on Assets: -16.88%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.88
• Quick Ratio: 6.88

Sales & Book Value

• Annual Sales: $18.03 million
• Price / Sales: 13.01
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.81 per share
• Price / Book: 0.46

Miscellaneous

• Outstanding Shares: 180,388,000
• Free Float: 167,400,000
• Market Cap: $234.50 million
• Optionable: Optionable
• Beta: 1.70