(SLDP) Solid Power - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US83422N1054

Stock: Solid Electrolyte, Cell Licenses

Total Rating 45
Risk 37
Buy Signal -0.27

EPS (Earnings per Share)

EPS (Earnings per Share) of SLDP over the last years for every Quarter: "2020-12": null, "2021-03": -0.0232, "2021-06": -0.02, "2021-09": 0.02, "2021-12": 0.28, "2022-03": -0.06, "2022-06": 0.08, "2022-09": -0.07, "2022-12": -0.0027, "2023-03": -0.11, "2023-06": -0.07, "2023-09": -0.08, "2023-12": -0.11, "2024-03": -0.12, "2024-06": -0.13, "2024-09": -0.13, "2024-12": -0.17, "2025-03": -0.08, "2025-06": -0.14, "2025-09": -0.14, "2025-12": 0,

Revenue

Revenue of SLDP over the last years for every Quarter: 2020-12: 0.586, 2021-03: 0.48, 2021-06: 0.561, 2021-09: 0.628, 2021-12: 1.042999, 2022-03: 2.196, 2022-06: 2.582, 2022-09: 2.813, 2022-12: 4.198, 2023-03: 3.792, 2023-06: 4.906, 2023-09: 6.366, 2023-12: 2.347, 2024-03: 5.953, 2024-06: 5.075, 2024-09: 4.651, 2024-12: 4.46, 2025-03: 6.016, 2025-06: 6.485, 2025-09: 3.732, 2025-12: null,
Risk 5d forecast
Volatility 88.8%
Relative Tail Risk -13.5%
Reward TTM
Sharpe Ratio 1.43
Alpha 165.52
Character TTM
Beta 1.620
Beta Downside 1.304
Drawdowns 3y
Max DD 75.28%
CAGR/Max DD 0.08

Description: SLDP Solid Power December 29, 2025

Solid Power, Inc. (NASDAQ:SLDP) is a U.S.-based developer of solid-state battery technology, primarily targeting electric-vehicle (EV) applications. The firm’s core offerings include a sulfide-based solid electrolyte, plus licensing of its cell designs and manufacturing processes. Founded in 2011 and headquartered in Louisville, Colorado, the company operates under the “Industrial Machinery & Supplies & Components” GICS sub-industry classification.

Recent public disclosures indicate that Solid Power secured a $200 million Series C financing round in early 2024, aiming to scale a pilot production line to 10 GWh annual capacity by 2026-a target that would position it among the few U.S. firms with volume-ready solid-state cells. The EV market’s projected CAGR of ~30 % through 2030 and tightening emissions regulations are key macro drivers that could accelerate demand for higher-energy-density, safer batteries. However, the technology’s cost-per-kWh remains uncertain; industry estimates suggest a current premium of 2–3× over conventional lithium-ion cells, which must be narrowed for mass adoption.

For a deeper quantitative assessment, you may find the ValueRay platforms battery-sector analytics useful.

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income: -97.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.19 > 0.02 and ΔFCF/TA -3.65 > 1.0
NWC/Revenue: 1187 % < 20% (prev 663.3%; Δ 523.5% < -1%)
CFO/TA -0.17 > 3% & CFO -68.9m > Net Income -97.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 15.78 > 1.5 & < 3
Outstanding Shares: last quarter (182.4m) vs 12m ago 1.78% < -2%
Gross Margin: 11.21% > 18% (prev -0.34%; Δ 1154 % > 0.5%)
Asset Turnover: 4.67% > 50% (prev 3.83%; Δ 0.84% > 0%)
Interest Coverage Ratio: -3327 > 6 (EBITDA TTM -81.6m / Interest Expense TTM 30.0k)

Altman Z'' -7.08

A: 0.59 (Total Current Assets 262.2m - Total Current Liabilities 16.6m) / Total Assets 416.1m
B: -0.60 (Retained Earnings -247.7m / Total Assets 416.1m)
C: -0.23 (EBIT TTM -99.8m / Avg Total Assets 443.5m)
D: -7.14 (Book Value of Equity -247.3m / Total Liabilities 34.6m)
Altman-Z'' Score: -7.08 = D

Beneish M -2.25

DSRI: 2.41 (Receivables 7.23m/2.61m, Revenue 20.7m/18.0m)
GMI: 1.00 (fallback, negative margins)
AQI: 0.29 (AQ_t 0.14 / AQ_t-1 0.47)
SGI: 1.15 (Revenue 20.7m / 18.0m)
TATA: -0.07 (NI -97.0m - CFO -68.9m) / TA 416.1m)
Beneish M-Score: -2.25 (Cap -4..+1) = BBB

What is the price of SLDP shares?

As of February 08, 2026, the stock is trading at USD 3.95 with a total of 5,217,256 shares traded.
Over the past week, the price has changed by -11.83%, over one month by -22.55%, over three months by -41.48% and over the past year by +192.59%.

Is SLDP a buy, sell or hold?

Solid Power has received a consensus analysts rating of 2.50. Therefor, it is recommend to sell SLDP.
  • StrongBuy: 0
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the SLDP price?

Issuer Target Up/Down from current
Wallstreet Target Price 7 77.2%
Analysts Target Price 7 77.2%
ValueRay Target Price 4.2 5.6%

SLDP Fundamental Data Overview February 03, 2026

P/S = 49.3655
P/B = 2.5566
Revenue TTM = 20.7m USD
EBIT TTM = -99.8m USD
EBITDA TTM = -81.6m USD
Long Term Debt = 8.21m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 836.0k USD (from shortTermDebt, last quarter)
Debt = 8.21m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -39.1m USD (from netDebt column, last quarter)
Enterprise Value = 734.5m USD (977.5m + Debt 8.21m - CCE 251.2m)
Interest Coverage Ratio = -3327 (Ebit TTM -99.8m / Interest Expense TTM 30.0k)
EV/FCF = -9.19x (Enterprise Value 734.5m / FCF TTM -80.0m)
FCF Yield = -10.89% (FCF TTM -80.0m / Enterprise Value 734.5m)
FCF Margin = -386.4% (FCF TTM -80.0m / Revenue TTM 20.7m)
Net Margin = -468.6% (Net Income TTM -97.0m / Revenue TTM 20.7m)
Gross Margin = 11.21% ((Revenue TTM 20.7m - Cost of Revenue TTM 18.4m) / Revenue TTM)
Gross Margin QoQ = 2.68% (prev -30.49%)
Tobins Q-Ratio = 1.77 (Enterprise Value 734.5m / Total Assets 416.1m)
Interest Expense / Debt = 0.07% (Interest Expense 6000 / Debt 8.21m)
Taxrate = 21.0% (US default 21%)
NOPAT = -78.9m (EBIT -99.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 15.78 (Total Current Assets 262.2m / Total Current Liabilities 16.6m)
Debt / Equity = 0.02 (Debt 8.21m / totalStockholderEquity, last quarter 381.5m)
Debt / EBITDA = 0.48 (negative EBITDA) (Net Debt -39.1m / EBITDA -81.6m)
Debt / FCF = 0.49 (negative FCF - burning cash) (Net Debt -39.1m / FCF TTM -80.0m)
Total Stockholder Equity = 389.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -21.87% (Net Income -97.0m / Total Assets 416.1m)
RoE = -24.87% (Net Income TTM -97.0m / Total Stockholder Equity 389.9m)
RoCE = -25.07% (EBIT -99.8m / Capital Employed (Equity 389.9m + L.T.Debt 8.21m))
RoIC = -20.22% (negative operating profit) (NOPAT -78.9m / Invested Capital 389.9m)
WACC = 11.78% (E(977.5m)/V(985.7m) * Re(11.88%) + D(8.21m)/V(985.7m) * Rd(0.07%) * (1-Tc(0.21)))
Discount Rate = 11.88% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.21%
Fair Price DCF = unknown (Cash Flow -80.0m)
EPS Correlation: -46.80 | EPS CAGR: 11.46% | SUE: 4.0 | # QB: 1
Revenue Correlation: 56.94 | Revenue CAGR: 40.49% | SUE: 0.11 | # QB: 0
EPS next Year (2026-12-31): EPS=-0.51 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+1.9% | Growth Revenue=+10.2%

Additional Sources for SLDP Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle