Latest news with #SLDP
Yahoo
3 days ago
- Automotive
- Yahoo
Needham Doubles Solid Power (SLDP) Price Target, Cites EV Battery Progress
Solid Power, Inc. (NASDAQ:SLDP) is one of the best battery tech stocks to buy right now. On August 7, Needham gave a Buy rating to Solid Power, Inc. (NASDAQ:SLDP). The firm also raised its price target for the stock from $2 to $4. Analyst Chris Pierce shared this update and explained the reasons behind the decision. He believes Solid Power is well-positioned within the solid-state battery industry, which could lead to future growth. A lithium battery recharging a fleet of electric vehicles in a parking lot. According to Pierce, the company has made progress in its technology and has built important partnerships. In the past few months, Solid Power has taken important steps to move its technology forward. The company began shipping its first EV cells to automotive partners for testing. This is a key milestone that could help show how well the batteries work in real-world conditions. Solid Power also expanded its pilot production line to improve its ability to make more solid-state cells. In addition to technical work, the company signed agreements with major carmakers, including BMW and Ford, to support battery development. These partnerships may help Solid Power gain more attention and resources. The company is also focused on improving safety and energy performance compared to traditional lithium-ion batteries. Solid Power develops solid-state batteries, aiming to create safer, longer-lasting, and more energy-dense alternatives to lithium-ion batteries. While we acknowledge the potential of SLDP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 12 Best Performing AI Stocks So Far in 2025 and 10 Best Military Tech Stocks to Buy Now Disclosure: None.
Yahoo
4 days ago
- Business
- Yahoo
Solid Power Second Quarter 2025 Earnings: Revenues Beat Expectations, EPS In Line
Solid Power (NASDAQ:SLDP) Second Quarter 2025 Results Key Financial Results Revenue: US$6.49m (up 28% from 2Q 2024). Net loss: US$25.3m (loss widened by 14% from 2Q 2024). US$0.14 loss per share (further deteriorated from US$0.13 loss in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Solid Power Earnings Insights Looking ahead, revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto Components industry in the US. Performance of the American Auto Components industry. The company's shares are up 25% from a week ago. Risk Analysis Be aware that Solid Power is showing 3 warning signs in our investment analysis and 1 of those is significant... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-07-2025
- Business
- Yahoo
Jim Cramer on Solid Power: 'Take a Little off the Table'
Solid Power, Inc. (NASDAQ:SLDP) is one of the stocks that Jim Cramer shared thoughts on. A caller asked for Cramer's opinion on the stock, and he commented: 'Momentum, the stock's up 100%. That's big momentum, but when it's up 100% percent, then you know what, I think you gotta do what I call a schnitzel. Take a little off the table because that thing has just been a horse.' A battery powered electric vehicle charging in a city storefront. Solid Power (NASDAQ:SLDP) develops solid-state battery technology for electric vehicles and other applications. The company provides sulfide-based electrolytes and licenses its cell designs and manufacturing methods. In its Q1 earnings report in May, the company reported objectives for 2025. Solid Power (NASDAQ:SLDP) is planning to improve its electrolyte research using customer feedback and internal development insights. It plans to begin installing a pilot line for continuous electrolyte production and expand sample distribution to meet partner commitments. The Electrolyte Innovation Center will support fast, demand-driven innovation. The company also plans to maintain financial discipline alongside ongoing investments in technology. While we acknowledge the potential of SLDP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
24-07-2025
- Business
- Yahoo
Jim Cramer on Solid Power: 'Take a Little off the Table'
Solid Power, Inc. (NASDAQ:SLDP) is one of the stocks that Jim Cramer shared thoughts on. A caller asked for Cramer's opinion on the stock, and he commented: 'Momentum, the stock's up 100%. That's big momentum, but when it's up 100% percent, then you know what, I think you gotta do what I call a schnitzel. Take a little off the table because that thing has just been a horse.' A battery powered electric vehicle charging in a city storefront. Solid Power (NASDAQ:SLDP) develops solid-state battery technology for electric vehicles and other applications. The company provides sulfide-based electrolytes and licenses its cell designs and manufacturing methods. In its Q1 earnings report in May, the company reported objectives for 2025. Solid Power (NASDAQ:SLDP) is planning to improve its electrolyte research using customer feedback and internal development insights. It plans to begin installing a pilot line for continuous electrolyte production and expand sample distribution to meet partner commitments. The Electrolyte Innovation Center will support fast, demand-driven innovation. The company also plans to maintain financial discipline alongside ongoing investments in technology. While we acknowledge the potential of SLDP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
23-07-2025
- Business
- Yahoo
This EV Battery Stock Is Powering Up to New Highs
Solid Power (SLDP) shows strong technical momentum, hitting a new 52-week high on July 21. The stock has a 100% technical 'Buy' signal via Barchart. Shares have doubled in the year to date and are up over 265% in the past three months. Fundamentals show modest revenue and earnings growth, but analyst sentiment is mixed, with most major advisory services rating it a 'Hold.' Today's Featured Stock: Valued at $724 million, Solid Power (SLDP) is a developer of all-solid-state rechargeable battery cells for electric vehicles and mobile power markets. What I'm Watching: I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. SLDP checks those boxes. Since the Trend Seeker signaled a buy on May 7, the stock has gained 236.67%. More News from Barchart Nvidia Stock Warning: This NVDA Challenger Just Scored a Major Customer Dear Microsoft Stock Fans, Mark Your Calendars for July 30 Dear QuantumScape Stock Fans, Mark Your Calendars for July 23 Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! SLDP Price vs. Daily Moving Averages: Barchart Technical Indicators for Solid Power: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. Solid Power shares hit a new 52-week high on July 21, touching $4.30 in intraday trading. SLDP has a 100% technical 'Buy' signal. The stock recently traded at $4, above its 50-day moving average of $2.07. Solid Power has a Weighted Alpha of +80.05. The stock has gained 95.8% over the past year. SLDP has its Trend Seeker 'Buy' signal intact. Solid Power is trading above its 20, 50 and 100-day moving averages. The stock made 14 new highs and gained 123.1% in the last month. Relative Strength Index is at 83.03%. The technical support level is $3.60. Don't Forget the Fundamentals: $724 million market capitalization. Revenue is projected to grow 4.28% this year and another 15.24% next year. Earnings are estimated to increase 9.26% this year but decrease 2.04% next year. Analyst and Investor Sentiment on Solid Power: I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts are split, but some major advisory sites aren't. The Wall Street analysts tracked by Barchart issued one 'Moderate Buy' and one 'Strong Sell' opinion on the stock. Value Line gives the company its average rating. CFRA's MarketScope rates the stock a 'Hold.' Morningstar thinks the stock is fairly valued. 4,000 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' The Bottom Line: Solid Power currently has momentum and is hitting new highs. Wall Street analysts think it has room to appreciate but some major advisory services think it has peaked. I caution that SLDP is volatile and speculative — use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
