Solid Power (NASDAQ:SLDP) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Solid Power (NASDAQ:SLDP) announced its quarterly earnings results on Tuesday. The company reported ($0.11) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.01, Zacks reports. Solid Power had a negative return on equity of 19.69% and a negative net margin of 485.47%.

Here are the key takeaways from Solid Power’s conference call:

• MOBIUS commissioning is underway, with materials introduced into the continuous manufacturing line in October and full commissioning still expected by year-end. The line is designed to add 45 metric tons of annual capacity, increasing total electrolyte capacity to 75 metric tons.
• Solid Power reduced its 2026 cash investment outlook to $75 million-$85 million from $85 million-$100 million, citing supplier renegotiations, production-cost reductions, and disciplined spending. The company ended the quarter with $397.6 million in liquidity and no debt.
• The company is pursuing a potential 500-metric-ton-per-year electrolyte facility and joint venture in South Korea, with advanced discussions ongoing with two potential partners. Management is targeting a deal by year-end but cautioned that negotiations could extend into 2027.
• Near-term volume growth remains dependent on customers completing cell development and requalification. None of MOBIUS’ incremental capacity is currently secured under a supply agreement, and customer requalification is expected to begin after commissioning and demonstrated nameplate performance in 2027.
• Solid Power is exploring humanoid robotics, drones, and defense applications, where management expects shorter qualification cycles than in automotive. However, these opportunities remain in an early “first or second inning” and are currently focused more on education and collaboration than near-term material revenue.

Solid Power Stock Up 3.0%

NASDAQ:SLDP traded up $0.06 during mid-day trading on Tuesday, reaching $2.03. 2,745,583 shares of the stock were exchanged, compared to its average volume of 4,808,806. The stock has a market capitalization of $463.21 million, a P/E ratio of -4.51 and a beta of 1.99. Solid Power has a 1 year low of $1.91 and a 1 year high of $8.86. The company has a 50 day simple moving average of $2.29 and a 200-day simple moving average of $2.94.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Solid Power in a research report on Thursday, October 15th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $6.92.

Solid Power Company Profile

Solid Power, Inc is a battery technology company that develops all-solid-state rechargeable batteries and the materials used to manufacture them. Its technology is designed to replace conventional liquid or gel electrolytes with solid electrolytes, with the goal of improving battery safety, energy density and performance for electric vehicles and other applications.

The company’s core products and development activities include sulfide-based solid electrolyte materials, solid-state battery cells and related manufacturing processes.