In the last trading session, 1.34 million Solid Power Inc (NASDAQ:SLDP) shares changed hands as the company’s beta touched 1.41. With the company’s per share price at $1.13 changed hands at $0.05 or 4.63% during last session, the market valuation stood at $205.65M. SLDP’s last price was a discount, traded about -138.94% off its 52-week high of $2.70. The share price had its 52-week low at $1.00, which suggests the last value was 11.5% up since then. When we look at Solid Power Inc’s average trading volume, we note the 10-day average is 2.1 million shares, with the 3-month average coming to 4.99 million.
Analysts gave the Solid Power Inc (SLDP) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SLDP as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Solid Power Inc’s EPS for the current quarter is expected to be -0.14.
Solid Power Inc (NASDAQ:SLDP) trade information
Instantly SLDP was in green as seen at the end of in last trading. With action -1.74%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -40.21%, with the 5-day performance at -1.74% in the red. However, in the 30-day time frame, Solid Power Inc (NASDAQ:SLDP) is -15.67% down. Looking at the short shares, we see there were 20.61 million shares sold at short interest cover period of 8.37 days.
Solid Power Inc (SLDP) estimates and forecasts
Year-over-year growth is forecast to reach -0.69% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 5M. 1 analysts are of the opinion that Solid Power Inc’s revenue for the current quarter will be 5M. The company’s revenue for the corresponding quarters a year ago was 5.95M and 5.08M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -16.01%. The estimates for the next quarter sales put growth at -1.48%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -27.17%. The 2025 estimates are for Solid Power Inc earnings to decrease by -5.56%, but the outlook for the next 5-year period is at 3.85% per year.
SLDP Dividends
Solid Power Inc is expected to release its next quarterly earnings report on 2025-Feb-26.
Solid Power Inc (NASDAQ:SLDP)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 18.49% of Solid Power Inc shares while 26.42% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 32.41%. There are 26.42% institutions holding the Solid Power Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 5.7668% of the shares, roughly 10.43 million SLDP shares worth $17.2 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.0646% or 7.35 million shares worth $12.12 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund . With 4.18 shares estimated at $4.72 million under it, the former controlled 2.30% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.16% of the shares, roughly 3.93 shares worth around $4.44 million.
