Solid Power, Inc. (SLDP)
NASDAQ: SLDP · IEX Real-Time Price · USD
1.920
+0.240 (14.29%)
Mar 27, 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 69.27% from the current stock price of 1.92.

Analyst Consensus: Buy
Target Low Average Median High
Price $2.00 $3.25 $3.00 $5.00
Change +4.17% +69.27% +56.25% +160.42%

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 000000
Hold 433321
Sell 111111
Strong Sell 000000
Total 766654

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Hold
Reiterates
$3
Hold Reiterates $3 +56.25% Mar 5, 2024
Chardan Capital
Chardan Capital
Strong Buy
Reiterates
$5
Strong Buy Reiterates $5 +160.42% Feb 28, 2024
Needham
Needham
Strong Buy
Reiterates
$3
Strong Buy Reiterates $3 +56.25% Feb 28, 2024
Needham
Needham
Strong Buy
Maintains
$4$3
Strong Buy Maintains $4$3 +56.25% Nov 8, 2023
Chardan Capital
Chardan Capital
Strong Buy
Reiterates
$5
Strong Buy Reiterates $5 +160.42% Aug 10, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
21.20M
from 17.41M
Increased by 21.79%
Revenue Next Year
29.40M
from 21.20M
Increased by 38.66%
EPS This Year
-0.43
from -0.37
EPS Next Year
-0.47
from -0.43
Year 2019202020212022202320242025202620272028
Revenue
2.28M2.10M2.71M11.79M17.41M21.20M29.40M42.19M114.90M260.41M
Revenue Growth
--7.59%28.96%334.70%47.68%21.79%38.66%43.51%172.31%126.64%
EPS
-1.71-0.210.11-0.05-0.37-0.43-0.47-0.49-0.57-0.43
EPS Growth
----------
No. Analysts -----77655
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 23.1M 45.2M 71.4M 271.7M 471.9M
Avg 21.2M 29.4M 42.2M 114.9M 260.4M
Low 19.4M 21.7M 25.8M 51.0M 112.1M

Revenue Growth

Revenue Growth 20242025202620272028
High
32.7%
112.9%
142.8%
544.0%
310.7%
Avg
21.8%
38.7%
43.5%
172.3%
126.6%
Low
11.5%
2.1%
-12.3%
20.8%
-2.4%

EPS Forecast

EPS 20242025202620272028
High -0.37 -0.37 -0.38 -0.41 -0.05
Avg -0.43 -0.47 -0.49 -0.57 -0.43
Low -0.53 -0.61 -0.64 -0.73 -0.81

EPS Growth

EPS Growth 20242025202620272028
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.