Reading the tape
NASDAQ: SLDP
Solid Power, Inc.
Industrials · Electrical Equipment & Parts
Market Cap
$648.19M
52w High
$8.86
52w Low
$1.11
P/E
-0.01
Volume
6.31M
Outstanding Shares
184.67M
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 208.33%Revenue (TTM): 7.98%FCF (TTM): -4.14%P/S: 69th pct
What changed
The stock rose 208.33% over the last year. Revenue grew 7.98% over the trailing twelve months. Operating margin moved from -523.03% to -463.66%. Free cash flow declined 4.14% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/S range (69th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at -463.66% — continued expansion would be needed to justify the premium. Revenue growth of 7.98% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
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.
CEOJohn C. Van Scoter
SectorIndustrials
IndustryElectrical Equipment & Parts
Employees260
IPO dateMay 18, 2021
Valuation
Forward P/E—
EV/EBITDA-8.18
Enterprise value$602.58M
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth23.63%
Gross margin5.05%▲801.25%vs FY2024
Operating margin-463.66%▲11.35%vs FY2024
ROE-22.47%▲4.48%vs FY2024
Analyst consensus
RatingBuy
Target price—
2
Buy
2
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
Q2 FY26 · EPS est -$0.12 · Revenue est $3.33M
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