Solid Power (NASDAQ:SLDP) Trading Down 11.5% – Here’s Why

Solid Power, Inc. (NASDAQ:SLDP) traded down 11.5% during trading on Thursday . The stock traded as low as $2.95 and last traded at $2.9650. 8,565,193 shares were traded during mid-day trading, an increase of 46% from the average session volume of 5,865,051 shares. The stock had previously closed at $3.35.

Key Stories Impacting Solid Power

Here are the key news stories impacting Solid Power this week:

• Positive Sentiment: HC Wainwright raised its Q2 2026 EPS estimate to $(0.12) from $(0.13), suggesting a slightly better near-term earnings outlook for Solid Power. Solid Power analyst estimate update
• Positive Sentiment: The firm also nudged up its Q4 2026 and FY2026 EPS forecasts, indicating improving expectations for Solid Power’s path toward narrowing losses. Solid Power analyst estimate update
• Positive Sentiment: HC Wainwright maintained a Buy rating and $7 price target, reinforcing bullish sentiment around Solid Power’s long-term battery technology prospects. Solid Power analyst estimate update
• Neutral Sentiment: A Seeking Alpha piece said Solid Power remains a high-risk, high-reward speculative name, but highlighted a fortified cash position and a key site acceptance testing milestone with SK On in Korea. Solid Power article
• Positive Sentiment: Needham also initiated/issued a Buy rating, adding to the recent string of favorable analyst calls for SLDP. Needham rating on Solid Power

Analysts Set New Price Targets

Several research analysts have commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Solid Power in a research note on Tuesday, April 21st. HC Wainwright assumed coverage on Solid Power in a research note on Monday, March 16th. They issued a “buy” rating and a $7.00 target price for the company. Needham & Company LLC restated a “buy” rating and issued a $7.00 target price on shares of Solid Power in a research note on Wednesday. Finally, Zacks Research upgraded Solid Power to a “hold” rating in a research note on Tuesday, March 17th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $7.00.

Solid Power Stock Performance

The stock has a market cap of $679.39 million, a P/E ratio of -6.42 and a beta of 1.91. The stock has a 50-day moving average price of $3.24 and a 200-day moving average price of $4.43.

Solid Power (NASDAQ:SLDP) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.06. The firm had revenue of $3.07 million during the quarter, compared to the consensus estimate of $3.33 million. Solid Power had a negative return on equity of 21.57% and a negative net margin of 485.47%. Sell-side analysts forecast that Solid Power, Inc. will post -0.44 earnings per share for the current fiscal year.

Institutional Trading of Solid Power

A number of large investors have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its position in shares of Solid Power by 87.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,618,519 shares of the company’s stock valued at $10,852,000 after acquiring an additional 1,683,866 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Solid Power by 4.9% during the 1st quarter. Bank of New York Mellon Corp now owns 450,866 shares of the company’s stock valued at $1,353,000 after acquiring an additional 21,117 shares during the last quarter. Abel Hall LLC bought a new stake in shares of Solid Power during the 1st quarter valued at about $36,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Solid Power during the 1st quarter valued at about $32,000. Finally, Ground Swell Capital LLC bought a new stake in shares of Solid Power during the 1st quarter valued at about $51,000. Institutional investors own 33.66% of the company’s stock.

About Solid Power

Solid Power, Inc (NASDAQ: SLDP) is a Colorado-based company specializing in the development and manufacturing of all-solid-state rechargeable battery cells for the electric vehicle (EV) and aerospace industries. Founded in 2012 as a spin-out from the University of Colorado Boulder, Solid Power has focused on advancing solid electrolytes and high-energy battery architectures to deliver improved safety, higher energy density and longer cycle life compared with traditional lithium-ion batteries.

The company’s core offerings include multilayer solid-state battery cells that utilize sulfide-based solid electrolytes and high-capacity cathode materials.