Solid Power (SLDP) Expected to Announce Earnings on Tuesday

Solid Power (NASDAQ:SLDP) is projected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect Solid Power to post earnings of ($0.14) per share and revenue of $5.00 million for the quarter.

Solid Power (NASDAQ:SLDP) last issued its quarterly earnings data on Thursday, February 27th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.04). The company had revenue of $4.46 million for the quarter, compared to analysts’ expectations of $3.85 million. Solid Power had a negative return on equity of 18.08% and a negative net margin of 471.22%.

Solid Power Trading Down 0.9 %

Shares of NASDAQ:SLDP opened at $1.13 on Tuesday. The company has a market capitalization of $205.65 million, a PE ratio of -2.31 and a beta of 1.44. Solid Power has a twelve month low of $0.68 and a twelve month high of $2.70. The firm has a 50 day simple moving average of $1.11 and a 200-day simple moving average of $1.28.

Insider Activity

In other news, CTO Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $1.13, for a total value of $211,875.00. Following the transaction, the chief technology officer now directly owns 865,304 shares of the company’s stock, valued at $977,793.52. The trade was a 17.81 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 7.20% of the company’s stock.

Analyst Ratings Changes

Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $2.00 target price on shares of Solid Power in a report on Wednesday, January 15th.

About Solid Power

Solid Power, Inc develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells.