NASDAQ:SLDP

Solid Power (SLDP) Stock Forecast, Price & News

$1.92

-0.06 (-3.03%)

(As of 09/22/2023 ET)

Compare

Today's Range: $1.91
▼
$2.04
50-Day Range: $1.92
▼
$2.88
52-Week Range: $1.83
▼
$6.05

Volume: 1.52 million shs
Average Volume: 1.17 million shs
Market Capitalization: $342.51 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.75

Solid Power MarketRank™ Forecast

Analyst Rating: Hold
2.13 Rating Score
Upside/Downside: 95.3% Upside
$3.75 Price Target
Short Interest: Bearish
8.12% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.40) to ($0.50) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.33 out of 5 stars

Auto/Tires/Trucks Sector

89th out of 98 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

26th out of 27 stocks

3.1

Analyst's Opinion

Consensus Rating
Solid Power has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $3.75, Solid Power has a forecasted upside of 95.3% from its current price of $1.92.
Amount of Analyst Coverage
Solid Power has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.12% 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 4.8.
Change versus previous month
Short interest in Solid Power has recently increased by 8.51%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Solid Power does not currently pay a dividend.
Dividend Growth
Solid Power does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SLDP.

0.6

News and Social Media Coverage

Search Interest
Only 12 people have searched for SLDP on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.
MarketBeat Follows
16 people have added Solid Power to their MarketBeat watchlist in the last 30 days. This is an increase of 220% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Solid Power insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.80% of the stock of Solid Power is held by insiders.
Percentage Held by Institutions
Only 25.62% of the stock of Solid Power is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Solid Power are expected to decrease in the coming year, from ($0.40) to ($0.50) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Solid Power is -7.68, 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 -7.68, 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 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Solid Power (NASDAQ:SLDP) Stock

Solid Power, Inc. develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sell its sulfide-based solid electrolyte and to license 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.

SLDP Price History

30 days | 90 days | 365 days | Advanced Chart

SLDP Stock News Headlines

September 6, 2023 | msn.com

3 Stocks in Focus on Biden's $15.5B Offer to Fastrack EV Shift

August 19, 2023 | finance.yahoo.com

Solid Power (NASDAQ:SLDP investor one-year losses grow to 69% as the stock sheds US$50m this past week

September 24, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

August 9, 2023 | msn.com

Needham Reiterates Solid Power Inc - (SLDP) Buy Recommendation

August 9, 2023 | msn.com

Why EV Battery Stock Solid Power Soared Today

August 9, 2023 | finanznachrichten.de

Solid Power, Inc.: Solid Power Announces Board Chairperson Transition and Retirement of David Jansen

August 9, 2023 | finanznachrichten.de

Solid Power, Inc.: Second Quarter 2023 Results Reflect Continued Strong Execution

August 9, 2023 | seekingalpha.com

Solid Power Board Chairperson retires

September 24, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

August 8, 2023 | msn.com

Solid Power, Inc. (SLDP) Reports Q2 Loss, Tops Revenue Estimates

August 8, 2023 | finance.yahoo.com

Second Quarter 2023 Results Reflect Continued Strong Execution

August 8, 2023 | finance.yahoo.com

Solid Power Announces Board Chairperson Transition and Retirement of David Jansen

July 10, 2023 | finance.yahoo.com

Solid Power Appoints Two New Directors to the Board, Adding Financial, Human Resources, and Information Technology Expertise

June 10, 2023 | benzinga.com

Solid Power Stock (NASDAQ:SLDP), Analyst Ratings, Price Targets, Predictions

June 8, 2023 | msn.com

Wolfe Research Downgrades Solid Power Inc - (SLDP)

June 8, 2023 | msn.com

Analyst Ratings for Solid Power

June 8, 2023 | news.yahoo.com

Companies Like Solid Power (NASDAQ:SLDP) Are In A Position To Invest In Growth

May 31, 2023 | msn.com

Solid Power names Van Scoter as new President and CEO

May 31, 2023 | finance.yahoo.com

Solid Power Appoints John Van Scoter President, CEO and Class I Director

May 23, 2023 | seekingalpha.com

Solid Power: Still Too Many Unknowns

May 9, 2023 | nasdaq.com

DA Davidson Maintains Solid Power Inc - (SLDP) Neutral Recommendation

May 9, 2023 | msn.com

Solid Power Q1 2023 Earnings Preview

May 8, 2023 | finance.yahoo.com

Solid Power, Inc. Announces First Quarter 2023 Financial Results

May 3, 2023 | finance.yahoo.com

Solid Power, Inc. Announces Timing of First Quarter 2023 Earnings Release Date and Conference Call

April 28, 2023 | marketwatch.com

Solid State Power Amplifiers Market Size Present Trend And Growth 2023 To 2032

April 26, 2023 | msn.com

3 Solid-State Batteries Stocks to Snap Up Now

April 11, 2023 | msn.com

6 Forever Battery Stocks that Will Make You a Fortune by 2033

See More Headlines

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SLDP Company Calendar

Last Earnings: 8/08/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:SLDP
CUSIP: N/A
CIK: 1844862
Web: www.dcrbplus.com
Phone: 303-219-0720
Fax: N/A
Employees: 236
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.75
High Stock Price Forecast: $5.00
Low Stock Price Forecast: $2.00
Forecasted Upside/Downside: +95.3%
Consensus Rating: Hold
Rating Score (0-4): 2.13
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.25)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-9,560,000.00
Net Margins: -281.63%
Pretax Margin: -283.16%
Return on Equity: -8.13%
Return on Assets: -7.62%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 17.60
Quick Ratio: 17.60

Sales & Book Value

Annual Sales: $11.79 million
Price / Sales: 29.05
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.16 per share
Price / Book: 0.61

Miscellaneous

Outstanding Shares: 178,390,000
Free Float: 166,259,000
Market Cap: $342.51 million
Optionable: Optionable
Beta: 1.71

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Key Executives

Mr. Kevin A. Paprzycki (Age 52)
CFO & Treasurer
Comp: $487.3k

Dr. Derek Colby Johnson (Age 45)
Chief Operating Officer
Comp: $537.49k

Mr. Joshua R. Buettner-Garrett (Age 38)
Chief Technology Officer
Comp: $452.5k

Mr. James Liebscher (Age 43)
Chief Legal Officer & Sec.
Comp: $557.94k

Mr. David B. Jansen (Age 60)
Exec. Officer
Comp: $497.97k

Mr. John C. Van Scoter (Age 61)
CEO, Pres & Director

Prof. Sehee Lee
Founder & Principal Scientist

Dr. Conrad Stoldt
Founder & Principal Scientist

Will McKenna
Marketing Communications Director

Stacy Morse
VP of HR

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SLDP Stock - Frequently Asked Questions

Should I buy or sell Solid Power stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Solid Power in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SLDP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SLDP, but not buy additional shares or sell existing shares.
View SLDP analyst ratings or view top-rated stocks.
What is Solid Power's stock price forecast for 2023?: 8 analysts have issued 1 year target prices for Solid Power's shares. Their SLDP share price forecasts range from $2.00 to $5.00. On average, they predict the company's stock price to reach $3.75 in the next twelve months. This suggests a possible upside of 95.3% from the stock's current price.
View analysts price targets for SLDP or view top-rated stocks among Wall Street analysts.
How have SLDP shares performed in 2023?: Solid Power's stock was trading at $2.54 at the beginning of 2023. Since then, SLDP shares have decreased by 24.4% and is now trading at $1.92.
View the best growth stocks for 2023 here.
When is Solid Power's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our SLDP earnings forecast.
How were Solid Power's earnings last quarter?: Solid Power, Inc. (NASDAQ:SLDP) announced its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.03. The firm had revenue of $4.91 million for the quarter, compared to analyst estimates of $4.50 million. Solid Power had a negative trailing twelve-month return on equity of 8.13% and a negative net margin of 281.63%.
What ETFs hold Solid Power's stock?: ETFs with the largest weight of Solid Power (NASDAQ:SLDP) stock in their portfolio include Invesco WilderHill Clean Energy ETF (PBW).iShares Self-Driving EV and Tech ETF (IDRV).

What guidance has Solid Power issued on next quarter's earnings?: Solid Power updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $15.00 million-$20.00 million, compared to the consensus revenue estimate of $16.94 million.
What is Solid Power's stock symbol?: Solid Power trades on the NASDAQ under the ticker symbol "SLDP."
Who are Solid Power's major shareholders?: Solid Power's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.26%), Geode Capital Management LLC (1.55%), State Street Corp (1.51%), Northern Trust Corp (0.70%), Charles Schwab Investment Management Inc. (0.51%) and CVA Family Office LLC (0.32%). Insiders that own company stock include Douglas M Campbell, Erik J Anderson, John Joseph Stephens and Volta Energy Technologies, Llc.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Solid Power's stock price today?: One share of SLDP stock can currently be purchased for approximately $1.92.
How much money does Solid Power make?: Solid Power (NASDAQ:SLDP) has a market capitalization of $342.51 million and generates $11.79 million in revenue each year. The company earns $-9,560,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis.
How many employees does Solid Power have?: The company employs 236 workers across the globe.
How can I contact Solid Power?: Solid Power's mailing address is 2744 SAND HILL ROAD SUITE 100, MENLO PARK CA, 94025. The official website for the company is www.dcrbplus.com. The company can be reached via phone at 303-219-0720 or via email at investors@solidpowerbattery.com.

This page (NASDAQ:SLDP) was last updated on 9/24/2023 by MarketBeat.com Staff

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