Solid Power (SLDP) Expected to Announce Earnings on Tuesday

Solid Power (NASDAQ:SLDP - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $5.00 million for the quarter.

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

Solid Power Trading Up 0.9 %

Shares of NASDAQ:SLDP traded up $0.01 on Friday, reaching $1.11. 1,128,038 shares of the company were exchanged, compared to its average volume of 2,514,866. Solid Power has a 1-year low of $0.68 and a 1-year high of $2.70. The company has a 50-day moving average of $1.10 and a 200-day moving average of $1.27. The firm has a market cap of $202.01 million, a price-to-earnings ratio of -2.27 and a beta of 1.44.

Insiders Place Their Bets

In other Solid Power news, CTO Joshua Buettner-Garrett sold 187,500 shares of the company's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $1.13, for a total value of $211,875.00. Following the transaction, the chief technology officer now directly owns 865,304 shares in the company, valued at approximately $977,793.52. This represents a 17.81 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 4.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, Needham & Company LLC reiterated a "buy" rating and set a $2.00 price target on shares of Solid Power in a research report on Wednesday, January 15th.

Solid Power Company Profile

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.