Solid Power, Inc. (SLDP)
NASDAQ: SLDP · IEX Real-Time Price · USD
1.770
-0.040 (-2.21%)
May 31, 2024, 4:00 PM EDT - Market closed
Solid Power Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Solid Power stock have an average target of 3.25, with a low estimate of 2.00 and a high estimate of 5.00. The average target predicts an increase of 83.62% from the current stock price of 1.77.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Solid Power stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 2 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Chardan Capital | Chardan Capital | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +182.49% | May 8, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +69.49% | May 8, 2024 |
| DA Davidson | DA Davidson | Hold Reiterates $3 | Hold | Reiterates | $3 | +69.49% | Mar 5, 2024 |
| Chardan Capital | Chardan Capital | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +182.49% | Feb 28, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +69.49% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
23.03M
from 17.41M
Increased by 32.29%
Revenue Next Year
31.39M
from 23.03M
Increased by 36.29%
EPS This Year
-0.42
from -0.37
EPS Next Year
-0.46
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.3M | 45.2M | 71.4M | 282.2M | 471.9M |
| Avg | 23.0M | 31.4M | 48.5M | 117.9M | 244.8M |
| Low | 21.6M | 23.7M | 29.2M | 46.9M | 112.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.3% | 96.0% | 127.5% | 481.7% | 300.1% |
| Avg | 32.3% | 36.3% | 54.6% | 143.1% | 107.5% |
| Low | 23.8% | 3.0% | -7.0% | -3.2% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.26 | -0.21 | -0.46 | -0.39 | -0.05 |
| Avg | -0.42 | -0.46 | -0.50 | -0.54 | -0.40 |
| Low | -0.46 | -0.55 | -0.58 | -0.65 | -0.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.