Solid Power Inc's fundamentals are relatively very healthy, and its growth potential is good.Its valuation is considered fairly valued, ranking 53/71 in the Automobiles & Auto Parts industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 7.00.In the medium term, the stock price is expected to trend up.Despite a weak stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Solid Power Inc's Score
Industry at a Glance
Industry Ranking
53 / 71
Overall Ranking
296 / 4568
Industry
Automobiles & Auto Parts
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Buy
Current Rating
7.000
Target Price
+31.83%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Solid Power Inc Highlights
StrengthsRisks
Solid Power, Inc. is engaged in developing solid-state battery technology for the electric vehicle (EV) and other markets. The Company is focused on producing and distributing sulfide-based solid electrolyte material for powering both EVs and other applications. Its core technology is its electrolyte material. Its core technology is a sulfide-based solid electrolyte material, which replaces the liquid or gel electrolyte used in traditional lithium-ion battery cells. The Company's planned business model is to sell its electrolytes and to license its cell designs and manufacturing processes. It is engaged in producing solid-state cells ranging from 0.2 Ah to 60 Ah on pre-pilot and pilot cell manufacturing lines. The Company manufactures all of its cell designs themselves, including its cathodes and anodes, using materials sourced from external suppliers. The cells it produces are used to improve the performance of its electrolytes and support its partners' cell development programs.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 70.83% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 20.14M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 20.14M.
Fairly Valued
The company’s latest PE is -8.41, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 46.73M shares, decreasing 23.59% quarter-over-quarter.
Solid Power, Inc. is engaged in developing solid-state battery technology for the electric vehicle (EV) and other markets. The Company is focused on producing and distributing sulfide-based solid electrolyte material for powering both EVs and other applications. Its core technology is its electrolyte material. Its core technology is a sulfide-based solid electrolyte material, which replaces the liquid or gel electrolyte used in traditional lithium-ion battery cells. The Company's planned business model is to sell its electrolytes and to license its cell designs and manufacturing processes. It is engaged in producing solid-state cells ranging from 0.2 Ah to 60 Ah on pre-pilot and pilot cell manufacturing lines. The Company manufactures all of its cell designs themselves, including its cathodes and anodes, using materials sourced from external suppliers. The cells it produces are used to improve the performance of its electrolytes and support its partners' cell development programs.
Ticker SymbolSLDP
CompanySolid Power Inc
CEOVan Scoter (John)
Websitehttps://solidpowerbattery.com
FAQs
What is the current price of Solid Power Inc (SLDP)?
The current price of Solid Power Inc (SLDP) is 4.510.
What is the symbol of Solid Power Inc?
The ticker symbol of Solid Power Inc is SLDP.
What is the 52-week high of Solid Power Inc?
The 52-week high of Solid Power Inc is 8.860.
What is the 52-week low of Solid Power Inc?
The 52-week low of Solid Power Inc is 0.680.
What is the market capitalization of Solid Power Inc?
The market capitalization of Solid Power Inc is 857.85M.
What is the net income of Solid Power Inc?
The net income of Solid Power Inc is -96.52M.
Is Solid Power Inc (SLDP) currently rated as Buy, Hold, or Sell?
According to analysts, Solid Power Inc (SLDP) has an overall rating of Buy, with a price target of 7.000.
What is the Earnings Per Share (EPS TTM) of Solid Power Inc (SLDP)?
The Earnings Per Share (EPS TTM) of Solid Power Inc (SLDP) is -0.536.