Solid Power Inc's fundamentals are relatively healthy, and its growth potential is good.Its valuation is considered fairly valued, ranking 43 out of 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 6.88.In the medium term, the stock price is expected to trend down.Despite a very 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
43 / 71
Overall Ranking
282 / 4565
Industry
Automobiles & Auto Parts
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive
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 24.91% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 21.75M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 21.75M.
Fairly Valued
The company’s latest PE is -5.23, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 107.67M shares, increasing 19.10% 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.