Skip to content 
Solid Power, Inc. develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells. Solid Power, Inc. was founded in 2011 and is headquartered in Louisville, Colorado. more
| Time Frame | SLDP | Sector | S&P500 |
|---|---|---|---|
| 1-Week Return | 11.59% | -0.44% | -0.57% |
| 1-Month Return | -4.19% | -2% | -3.56% |
| 3-Month Return | 7.65% | 5.81% | 1.57% |
| 6-Month Return | 27.97% | 22.1% | 17.06% |
| 1-Year Return | -13.68% | 24.6% | 23.68% |
| 3-Year Return | -81.7% | 24.22% | 25.28% |
| Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
|---|---|---|---|---|---|---|
| Total Revenue | 2.28M | 2.10M | 2.71M | 11.79M | 17.41M | [{"date":"2019-12-31","value":13.07,"profit":true},{"date":"2020-12-31","value":12.08,"profit":true},{"date":"2021-12-31","value":15.58,"profit":true},{"date":"2022-12-31","value":67.71,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Cost of Revenue | 1.82M | 1.67M | 3.07M | 9.59M | 27.73M | [{"date":"2019-12-31","value":6.57,"profit":true},{"date":"2020-12-31","value":6.02,"profit":true},{"date":"2021-12-31","value":11.08,"profit":true},{"date":"2022-12-31","value":34.59,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Gross Profit | 454.31K | 432.63K | (361.00K) | 2.20M | (10.32M) | [{"date":"2019-12-31","value":20.68,"profit":true},{"date":"2020-12-31","value":19.69,"profit":true},{"date":"2021-12-31","value":-16.43,"profit":false},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":-469.78,"profit":false}] |
| Gross Margin | 19.96% | 20.57% | (13.31%) | 18.64% | (59.28%) | [{"date":"2019-12-31","value":97.04,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":-64.71,"profit":false},{"date":"2022-12-31","value":90.59,"profit":true},{"date":"2023-12-31","value":-288.18,"profit":false}] |
| Operating Expenses | 9.70M | 12.03M | 26.18M | 61.32M | 80.30M | [{"date":"2019-12-31","value":12.08,"profit":true},{"date":"2020-12-31","value":14.98,"profit":true},{"date":"2021-12-31","value":32.61,"profit":true},{"date":"2022-12-31","value":76.36,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Operating Income | (9.25M) | (11.59M) | (26.55M) | (59.12M) | (90.62M) | [{"date":"2019-12-31","value":-924674500,"profit":false},{"date":"2020-12-31","value":-1159304100,"profit":false},{"date":"2021-12-31","value":-2654600000,"profit":false},{"date":"2022-12-31","value":-5911900000,"profit":false},{"date":"2023-12-31","value":-9062000000,"profit":false}] |
| Total Non-Operating Income/Expense | 345.90K | (3.00M) | 44.27M | 53.99M | 40.44M | [{"date":"2019-12-31","value":0.64,"profit":true},{"date":"2020-12-31","value":-5.55,"profit":false},{"date":"2021-12-31","value":82.01,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":74.92,"profit":true}] |
| Pre-Tax Income | (9.07M) | (14.26M) | 18.07M | (9.78M) | (65.55M) | [{"date":"2019-12-31","value":-50.22,"profit":false},{"date":"2020-12-31","value":-78.91,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-54.14,"profit":false},{"date":"2023-12-31","value":-362.81,"profit":false}] |
| Income Taxes | 134.64K | 117.52K | (25.00K) | (227.00K) | (1.00) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":87.28,"profit":true},{"date":"2021-12-31","value":-18.57,"profit":false},{"date":"2022-12-31","value":-168.6,"profit":false},{"date":"2023-12-31","value":"-","profit":true}] |
| Income After Taxes | (9.21M) | (14.37M) | 18.09M | (9.55M) | (65.55M) | [{"date":"2019-12-31","value":-50.9,"profit":false},{"date":"2020-12-31","value":-79.45,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-52.81,"profit":false},{"date":"2023-12-31","value":-362.31,"profit":false}] |
| Income From Continuous Operations | (9.21M) | (14.37M) | 18.09M | (9.55M) | (46.99M) | [{"date":"2019-12-31","value":-50.9,"profit":false},{"date":"2020-12-31","value":-79.45,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-52.81,"profit":false},{"date":"2023-12-31","value":-259.71,"profit":false}] |
| Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
| Net Income | (9.21M) | (14.37M) | 18.09M | (9.55M) | (65.55M) | [{"date":"2019-12-31","value":-50.9,"profit":false},{"date":"2020-12-31","value":-79.45,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-52.81,"profit":false},{"date":"2023-12-31","value":-362.31,"profit":false}] |
| EPS (Diluted) | - | - | 0.26 | (0.05) | (0.37) | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-20.52,"profit":false},{"date":"2023-12-31","value":-144.08,"profit":false}] |
These ratios help you determine the liquidity of the company. Higher is better.
| SLDP | |
|---|---|
| Cash Ratio | 11.09 |
| Current Ratio | 11.53 |
| Quick Ratio | 11.53 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
| SLDP | |
|---|---|
| ROA (LTM) | -10.05% |
| ROE (LTM) | -12.38% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
| SLDP | |
|---|---|
| Debt Ratio Lower is generally better. Negative is bad. | 0.07 |
| Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.93 |
| Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. | 1.06 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
| SLDP | |
|---|---|
| Trailing PE | NM |
| Forward PE | NM |
| P/S (TTM) | 16.67 |
| P/B | 0.58 |
| Price/FCF | NM |
| EV/R | 7.11 |
| EV/Ebitda | NM |
| PEG | 0.01 |
With the fallout in the electric vehicle space, contrarian investors may want to consider certain battery stocks to buy. This approach has a few advantages over targeting specific EV brands. First, all EVs require an underlying power supply. Second, it’s difficult to tell which automaker will ultimately stand victorious following the bloodbath. It could be one of the legacy manufacturers or a pure-play enterprise. It’s a tossup. Third, the political and ideological framework is pushing industries of all stripes to be carbon neutral if not net negative. Given this backdrop, these battery stocks to buy may have a bright future. Albemarle (ALB) Source: IgorGolovniov/Shutterstock.com While not a pure-play candidate for battery stocks to buy, Albemarle (NYSE: ALB ) develops, manufactures and markets engineered specialty chemicals worldwide. It operates through three segments, though its Energy Storage unit gets the lion’s share of the spotlight. This segment deals with lithium compounds, including lithium carbonate, lithium hydroxide and lithium chloride.
The overarching theme this earnings season is ‘beat and hold.’ Even though the biggest fishes in the stock market will likely surpass consensus estimates, you’re unlikely to see encouraging price action. Hence, amidst subdued market enthusiasm, would it be wise to invest in some promising penny stocks to buy at this time? Penny stocks tend to be high-risk, high-reward investments, which is the opposite of what investors seek now. Nevertheless, the contrarian investor would sense an opportunity, especially with the current market volatility. Moreover, with multiple rate cuts expected later this year, scooping up penny stocks at the right prices could prove incredibly fruitful. That said, here are three penny stocks to buy offering tremendous upside potential. Penny Stocks to Buy: Solid Power (SLDP) Source: T. Schneider / Shutterstock.com Solid Power (NASDAQ: SLDP ) stands out as a frontrunner in the race to commercialize solid-state batteries, a technology often referred to as the forever battery.
Battery stocks have been depressed in the last few quarters. That does not come as a surprise, with the electric vehicle (EV) industry facing macroeconomic headwinds. Further, overall EV adoption has been slower than expected. I, however, believe the long-term outlook for the industry remains positive. The correction presents a good opportunity to accumulate potential multibagger battery stocks. In terms of growth potential, the EV battery market size was valued at $63.51 billion in 2023. The market size is expected to increase to $573.08 billion by 2033. That would imply a 9-fold growth in the next 10 years. Clearly, there is scope for massive wealth creation, and it’s a good time to accumulate quality battery stocks. Specific to battery manufacturers, the focus should be on companies looking at capacity expansion coupled with innovation. This column focuses on three potential multibagger battery stocks to buy and hold until 2030. Panasonic Holdings (PCRFY) Source: Shutterstock Panasonic Holdings (OTCMKTS: PCRFY ) stock has been subdued in the last 12 months.
In 2023, Carvana (NYSE: CVNA ) traded as a penny stock after plunging from an all-time high of $360. At the time, investors soured on the name, and it looked like CVNA’s days were numbered. However, CVNA surprised investors and analysts since then, with multi-bagger returns in just over a year. Last month, the stock hit a high of $94. It’s this kind of rally among attractive penny stocks to buy that can change the fortune of investors. It’s important to note that not all penny stocks can replicate the rally in CVNA stock. The surge in Carvana’s stock should not be construed as a signal for going overboard on penny stocks. At the same time, it’s important to have at least 10% to 15% exposure to penny stocks. One or a few stories like Carvana can have a significant impact on the overall portfolio. In fact, here are seven penny stocks to buy that could rally like CNVA stock and deliver multi-bagger returns. Cronos Group (CRON) Source: Shutterstock I believe that some of the best cannabis stocks might be poised for a big move in the next few quarters.
LOUISVILLE, Colo., April 23, 2024 (GLOBE NEWSWIRE) -- Solid Power, Inc. (Nasdaq: SLDP), a developer of solid-state battery technology, today announced that it will release its first quarter 2024 results after market close on Tuesday, May 7, 2024, to be followed by a conference call at 2:30 p.m. MT (4:30 p.m. ET) on the same day.
As the global push towards renewable energy accelerates, savvy investors are looking for battery stocks to buy now. With advancements in technology and increased consumer and industrial demand for cleaner energy solutions, battery stocks are becoming increasingly attractive to investors looking for growth in green investments. As per IEA, the global electric vehicle battery demand has seen a significant surge, increasing by about 65% to 550 GWh in 2022 from around 330 GWh in 2021, driven by a rise in electric car sales. In the future, the electric vehicle battery market is should expand significantly at a CAGR of 23.5%, from $62 billion in 2024 to $178 billion by 2029. Increased demand for electric vehicles and supportive government policies aimed at boosting EV sales are expected to drive this growth. The current backdrop creates a fertile ground for investors looking to capitalize on the growth of the EV market. Thus, here are three battery stocks that are well-positioned to benefit from the rise in demand for batteries.
The electric vehicle (EV) sector is going through turbulent times. It’s not just about macroeconomic headwinds or intense competition. There are growing doubts about the adoption of EVs, and automotive majors have scaled back on their investment plans. While there are concerns, the markets have overreacted on the downside. That has created opportunities for buying EV stocks at a valuation gap. In my view, even the slightest of positives will translate into a big rally from oversold levels for EV stocks. This column focuses on penny EV stocks likely to surge higher in the next few quarters. In my view, potential rate cuts can be a catalyst for EV stocks trending higher. Lower interest rates will support global GDP growth and will likely be positive for the sector. Further, crude is trending higher on geopolitical tensions coupled with the expectation of easy money policies. Higher oil prices can potentially encourage consumers to shift towards EVs. Let’s talk about three penny EV stocks that can surge higher in the blink of an eye.
There is no doubt that blue-chip stocks are steady value creators and act as a fortress for the portfolio. However, it’s growth and high-potential penny stocks that can make millionaires. A general tendency is to look at penny stocks purely as a speculative bet. That’s understandable in specific cases where the rally is driven by factors like short-squeeze. However, a deeper look into the world of penny stocks will reveal names that are fundamentally strong. Further, selected penny stocks represent business that have immense growth potential in the long term. Of course, there’s many a slip between the cup and the lip. Exposure to quality penny stocks should be limited to 15% of the portfolio considering the high-beta factor. Having said that, when the target is 10x returns, even 15% allocation is likely to have a significant impact on total portfolio returns. Let’s therefore talk about seven high-potential penny stocks to buy for multibagger returns by 2029. Cronos (CRON) Source: gvictoria / Shutterstock.com Cronos (NASDAQ: CRON ) is a high-potential penny stock that can deliver 10x or 20x returns by 2029.
The electric vehicle industry is going through challenging times. The concerns for the industry include competition and macroeconomic headwinds. As a result, global automakers are scaling back on their EV investment plans . From a price action perspective, EV stocks have trended lower and there are multiple undervalued stories. In my view, it’s a good time to buy for investors with a long-term horizon. This column specifically focuses on undervalued battery stocks to buy before the next rally. This has led to these 7 battery stocks to buy before the next big rally. It’s worth noting that in 2022, EVs accounted for only 14% of new cars sold. There is ample scope for industry growth with policy tailwinds. It’s estimated that by 2030, more than 60% of new cars sold will be EVs . This will translate into significant demand for batteries. To put things into perspective, the global demand for Li-ion battery is expected to increase from 700 GWh in 2022 to approximately 4.7 TWh by 2030 . This will provide ample headroom for growth for some of the best battery players.
Solid Power Inc (SLDP) share price today is $1.83
Yes, Indians can buy shares of Solid Power Inc (SLDP) on Vested. To buy Solid Power Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in SLDP stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.
Yes, you can purchase fractional shares of Solid Power Inc (SLDP) via the Vested app. You can start investing in Solid Power Inc (SLDP) with a minimum investment of $1.
You can invest in shares of Solid Power Inc (SLDP) via Vested in three simple steps:
The 52-week high price of Solid Power Inc (SLDP) is $3.2. The 52-week low price of Solid Power Inc (SLDP) is $1.1.
The price-to-earnings (P/E) ratio of Solid Power Inc (SLDP) is NM
The price-to-book (P/B) ratio of Solid Power Inc (SLDP) is 0.58
The dividend yield of Solid Power Inc (SLDP) is 0.00%
The market capitalization of Solid Power Inc (SLDP) is $329.93M
The stock symbol (or ticker) of Solid Power Inc is SLDP
Link copied 
