Q3 Earnings Estimate for Solid Power Issued By HC Wainwright

Key Points

• HC Wainwright raised its Q3 2026 EPS estimate for Solid Power to a loss of $0.11 per share from a previous forecast of $0.13, while projecting losses of $0.39 per share for FY2026 and $0.50 for FY2027.
• Solid Power reported a quarterly loss of $0.11 per share, beating consensus by $0.01, but revenue of negative $0.27 million fell well short of the $1.55 million analyst estimate.
• The stock opened at $2.19, near its one-year low, and analysts’ consensus rating remains Hold with a $6.92 average price target; ratings include three Buys, one Hold and one Sell.

Solid Power, Inc. (NASDAQ:SLDP - Free Report) - HC Wainwright increased their Q3 2026 earnings per share (EPS) estimates for Solid Power in a report released on Wednesday, August 5th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings of ($0.11) per share for the quarter, up from their previous forecast of ($0.13). The consensus estimate for Solid Power's current full-year earnings is ($0.44) per share. HC Wainwright also issued estimates for Solid Power's Q4 2026 earnings at ($0.11) EPS, FY2026 earnings at ($0.39) EPS, FY2027 earnings at ($0.50) EPS, FY2028 earnings at ($0.51) EPS and FY2029 earnings at ($0.50) EPS.

Solid Power (NASDAQ:SLDP - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.12) by $0.01. The company had revenue of ($0.27) million during the quarter, compared to analyst estimates of $1.55 million. Solid Power had a negative net margin of 485.47% and a negative return on equity of 20.37%.

Other equities analysts also recently issued reports about the stock. Alliance Global Partners began coverage on shares of Solid Power in a research note on Wednesday, June 10th. They set a "buy" rating and a $6.75 price objective on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Solid Power in a research note on Friday, July 17th. Finally, Needham & Company LLC restated a "buy" rating and set a $7.00 target price on shares of Solid Power in a report on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $6.92.

Solid Power Stock Performance

NASDAQ:SLDP opened at $2.19 on Friday. Solid Power has a one year low of $1.98 and a one year high of $8.86. The firm has a market cap of $492.71 million, a P/E ratio of -4.87 and a beta of 1.92. The firm has a 50-day simple moving average of $2.57 and a 200-day simple moving average of $3.18.

Insider Buying and Selling at Solid Power

In related news, Director Lesa B. Roe sold 39,207 shares of the company's stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $2.66, for a total value of $104,290.62. Following the transaction, the director directly owned 243,975 shares of the company's stock, valued at $648,973.50. This represents a 13.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 5.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its position in Solid Power by 12.7% in the first quarter. Goldman Sachs Group Inc. now owns 894,120 shares of the company's stock valued at $939,000 after buying an additional 100,939 shares during the last quarter. Creative Planning purchased a new position in Solid Power during the 2nd quarter worth approximately $26,000. American Century Companies Inc. purchased a new position in Solid Power during the 2nd quarter worth approximately $27,000. Prudential Financial Inc. lifted its stake in Solid Power by 69.7% during the 2nd quarter. Prudential Financial Inc. now owns 17,480 shares of the company's stock valued at $38,000 after acquiring an additional 7,180 shares during the period. Finally, Brown Advisory Inc. acquired a new stake in Solid Power during the 2nd quarter valued at approximately $33,000. 33.66% of the stock is owned by institutional investors and hedge funds.

Solid Power Company Profile

Solid Power, Inc NASDAQ: SLDP is a Colorado-based company specializing in the development and manufacturing of all-solid-state rechargeable battery cells for the electric vehicle (EV) and aerospace industries. Founded in 2012 as a spin-out from the University of Colorado Boulder, Solid Power has focused on advancing solid electrolytes and high-energy battery architectures to deliver improved safety, higher energy density and longer cycle life compared with traditional lithium-ion batteries.

The company's core offerings include multilayer solid-state battery cells that utilize sulfide-based solid electrolytes and high-capacity cathode materials.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source