In the last trading session, 7.4 million shares of the Solid Power Inc (NASDAQ:SLDP) were traded, and its beta was 1.65. Most recently the company’s share price was $1.93, and it changed around $0.0 or 0.00% from the last close, which brings the market valuation of the company to $346.17M. SLDP currently trades at a discount to its 52-week high of $2.70, offering almost -39.9% off that amount. The share price’s 52-week low was $0.68, which indicates that the current value has risen by an impressive 64.77% since then. We note from Solid Power Inc’s average daily trading volume that its 10-day average is 7.59 million shares, with the 3-month average coming to 3.04 million.
Solid Power Inc stock received a consensus recommendation rating of Sell, based on a mean score of 1.00. If we narrow it down even further, the data shows that 1 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended SLDP as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Solid Power Inc is expected to report earnings per share of -0.14 for the current quarter.
Solid Power Inc (NASDAQ:SLDP) trade information
The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.0400 on recent trading dayincreased the stock’s daily price by 5.39%. The company’s shares are currently up 2.12% year-to-date, but still up 18.40% over the last five days. On the other hand, Solid Power Inc (NASDAQ:SLDP) is 39.86% up in the 30-day period. We can see from the shorts that 18.14 million shares have been sold at a short interest cover period of 6.07 day(s).
Solid Power Inc (SLDP) estimates and forecasts
The year-over-year growth rate is expected to be 4.28%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 5M in revenue for the current quarter. 1 analysts expect Solid Power Inc to make 5M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 5.08M and 4.65M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -1.48%. Forecasts for the next quarter put sales growth at 7.50%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -27.17%. Solid Power Inc earnings are expected to increase by 9.26% in 2025, but the outlook is positive 17.79% per year for the next five years.
SLDP Dividends
Solid Power Inc’s next quarterly earnings report is expected to be released on 2025-May-06.
Solid Power Inc (NASDAQ:SLDP)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 19.79% of Solid Power Inc shares, and 28.55% of them are in the hands of institutional investors. The stock currently has a share float of 35.59%. Solid Power Inc stock is held by 179.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 5.8706% of the shares, which is about 10.43 million shares worth $17.2 million.
VANGUARD GROUP INC, with 4.1378% or 7.35 million shares worth $12.12 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
