Solid Power, Inc. (SLDP)
NASDAQ: SLDP · Real-Time Price · USD
1.300
+0.170 (15.04%)
Dec 20, 2024, 4:00 PM EST - 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 2.75, with a low estimate of 1.00 and a high estimate of 5.00. The average target predicts an increase of 111.54% from the current stock price of 1.30.
Analyst Consensus: Buy
* Price targets were last updated on Nov 11, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $3 → $2 | Strong Buy | Maintains | $3 → $2 | +53.85% | Nov 11, 2024 |
| Wolfe Research | Wolfe Research | Sell Initiates $1 | Sell | Initiates | $1 | -23.08% | Sep 5, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +130.77% | Aug 7, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +130.77% | May 8, 2024 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +284.62% | May 8, 2024 |
Financial Forecast
Revenue This Year
17.85M
from 17.41M
Increased by 2.53%
Revenue Next Year
34.88M
from 17.85M
Increased by 95.43%
EPS This Year
-0.50
from -0.37
EPS Next Year
-0.49
from -0.50
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 18.9M | 45.2M | 57.8M | |||
| Avg | 17.9M | 34.9M | 50.4M | |||
| Low | 16.7M | 24.9M | 43.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.6% | 152.9% | 65.5% | |||
| Avg | 2.5% | 95.4% | 44.6% | |||
| Low | -4.3% | 39.5% | 23.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.51 | -0.42 | -0.42 |
| Avg | -0.50 | -0.49 | -0.46 |
| Low | -0.49 | -0.55 | -0.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.