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SLDP

Solid Power, Inc.

https://solidpowerbattery.com

Industry

Electrical Equipment & Parts

Solid Power, Inc. focuses on the development and commercialization of all-solid-state battery cells and solid electrolyte materials for the battery-powered electric vehicle market in the United States. The company was founded in 2011 and is headquartered in Louisville, Colorado.

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Needham analyst Chris Pierce reiterates a Buy rating on Solid Power (NASDAQ:SLDP) and maintains a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:44 am

Solid Power has revised its 2024 revenue expectations from $20M-$25M to $16M-$20M, primarily due to slower revenue recognition from SK On agreements and delays in electrolyte sales. The company still expects 2024 cash used in operations to be $60M-$70M and capital expenditures to be $40M-$50M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:42 pm

Solid Power (NASDAQ:SLDP) reported Q2 2024 GAAP EPS of $(0.13), missing the $(0.07) estimate by 85.71%. Sales were $5.075M, missing the $9.328M estimate by 45.59%. EPS decreased by 85.71% YoY, while sales increased by 3.44% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:53 pm

Solid Power has reaffirmed its FY24 revenue guidance to be between $20 million and $25 million, compared to the estimated $22.578 million.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:06 pm

Solid Power has appointed Linda Heller as its new CFO and Treasurer, effective immediately. This leadership change is expected to bring new strategic direction to the company.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:04 pm

Needham analyst Chris Pierce reiterated a Buy rating on Solid Power (NASDAQ:SLDP) and maintained a $3 price target. This reaffirms Needham's positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:52 am

Solid Power reiterated its financial guidance for 2024, expecting operational cash use between $60 million to $70 million and capital expenditures between $40 million to $50 million, with total cash investment ranging from $100 million to $120 million. The company also expects 2024 revenue to be between $20 million to $25 million, including about $35 million in deferred operational and capital investments from 2023.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:19 pm

Solid Power (NASDAQ:SLDP) reported Q1 2024 earnings with a GAAP EPS of $(0.12), missing the $(0.09) estimate, and sales of $5.953M, beating the $4.833M estimate. This represents a 9.09% decrease in EPS and a 56.99% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:06 pm

In Monday's after-market session, 12 consumer discretionary stocks saw significant movements. SharpLink Gaming, Secoo Holding, Color Star Tech, ToughBuilt Industries, Mingteng International, and Serve Robotics were among the gainers, with SharpLink Gaming leading with a 16.8% increase. On the downside, Digital Brands Group, Greenlane Holdings, Solid Power, Canoo, Kaixin Holdings, and Mullen Automotive experienced declines, with Digital Brands Group dropping by 6%.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 8:31 pm

In Monday's pre-market session, several consumer discretionary stocks showed notable movements. Selina Hospitality (SLNA) led the gainers with a 26.8% increase, while EZGO Technologies (EZGO) experienced the largest drop among the losers, decreasing by 16.1%. Other notable mentions include Torrid Holdings (CURV) with a 16.8% rise following their Q4 earnings release, and Oxford Industries (OXM) falling 10.97% also after their Q4 earnings announcement.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 12:08 pm

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