Solid Power, Inc. (SLDP)
NASDAQ: SLDP · IEX Real-Time Price · USD
2.070
-0.050 (-2.36%)
At close: Jul 19, 2024, 4:00 PM
2.060
-0.010 (-0.48%)
Pre-market: Jul 22, 2024, 7:34 AM EDT
Solid Power Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Solid Power stock have an average target of 3.67, with a low estimate of 3.00 and a high estimate of 5.00. The average target predicts an increase of 77.29% from the current stock price of 2.07.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for Solid Power stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 1 | 1 | 1 | 1 | 1 |
Sell | 1 | 1 | 1 | 1 | 1 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +44.93% | May 8, 2024 |
Chardan Capital | Chardan Capital | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +141.55% | May 8, 2024 |
DA Davidson | DA Davidson | Hold Reiterates $3 | Hold | Reiterates | $3 | +44.93% | Mar 5, 2024 |
Chardan Capital | Chardan Capital | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +141.55% | Feb 28, 2024 |
Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +44.93% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
23.03M
from 17.41M
Increased by 32.28%
Revenue Next Year
31.39M
from 23.03M
Increased by 36.30%
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 | -0.49 | -0.35 |
Low | -0.46 | -0.55 | -0.58 | -0.64 | -0.69 |
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.