Solid Power, Inc. (SLDP) AI Stock Analysis

Solid Power, Inc., based in Louisville, Colorado, specializes in the research, development, and commercialization of all-solid-state battery cells and solid electrolyte materials for electric vehicles. Founded in 2011, the company designs innovative energy storage solutions aiming to offer higher energy density, enhanced safety, and longer lifespans compared to conventional lithium-ion batteries. In addition to internal battery cell and electrolyte development, Solid Power engages in partnerships and collaborations with leading automotive manufacturers and technology partners to accelerate the integration of solid-state technology across diverse automotive platforms.

Solid Power increased revenue from $2.7M in FY2021 to $21.7M in FY2025, reflecting a 5-year revenue compound annual growth rate of 59.6%. Annual revenue expanded 8.0% in FY2025 following a 15.7% gain to $20.1M in FY2024. Gross margin improved to 5.0% in FY2025 from -0.7% in FY2024, while operating margin was -463.7%. Net loss was -$93.4M in FY2025, resulting in diluted earnings per share of -$0.87. Research and development expenses were $72.5M in FY2025. For the latest quarter ended June 30, 2026, quarterly revenue declined 58.9% year-over-year, bringing trailing twelve-month revenue to $7.4M with a trailing EPS of -$0.45.

As of June 30, 2026, Solid Power held $242.4M in cash and short-term investments against total debt of $7.5M, yielding net cash of $234.9M. Total assets stood at $527.1M with shareholders' equity of $501.7M. The balance sheet reflects a current ratio of 14.61 and a debt-to-equity ratio of 0.02. Operating cash flow in FY2025 was -$73.4M, and free cash flow was -$83.6M. Capital expenditures totaled $10.2M in FY2025, while share buybacks equaled $3.6M.

Solid Power trades at a price-to-sales multiple of 62.0x and an enterprise value-to-revenue multiple of 40.9x, compared to a median price-to-sales of 0.7x for its US-listed Consumer Cyclical peers. Its enterprise value-to-EBITDA ratio is 6.2x, below the peer median of 11.1x, while its price-to-book ratio stands at 1.1x. Over the past year, SLDP shares fell 66.7%, and their five-year return was -80.0%, lagging the S&P 500 benchmark SPY, which gained 16.8% over one year and 83.0% over five years.

Wall Street coverage includes 2 Strong Buy ratings, with 0 Buy, 0 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target is $6.88, representing a 242.0% premium over the last close of $2.01. For the current fiscal year ending December 31, 2026, analysts estimate an EPS of -$0.40 and revenue of $5.5M. For the next fiscal year, 2 analysts project revenue of $6.6M and an EPS of -$0.45. Solid Power beat EPS estimates in 3 of the last 4 quarters, with its next earnings report scheduled for November 3, 2026.

This page is an AI-written research summary of Solid Power, Inc. (SLDP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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