SLDP Chart
About

Solid Power, Inc., a research and development-stage company, develops solid-state battery technologies for the electric vehicles markets in the United States. It engages in the development of sulfide-based solid electrolytes. The company was founded in 2011 and is headquartered in Louisville, Colorado.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Parts Market Cap 705.85M
Enterprise Value 463.32M Income -93.41M Sales 17.91M
Book/sh 2.07 Cash/sh 1.14 Dividend Yield —
Payout 0.00% Employees 230 IPO —
P/E — Forward P/E -6.81 PEG —
P/S 39.40 P/B 1.55 P/C —
EV/EBITDA -5.67 EV/Sales 25.86 Quick Ratio 15.51
Current Ratio 15.92 Debt/Eq 1.99 LT Debt/Eq —
EPS (ttm) -0.51 EPS next Y -0.47 EPS Growth —
Revenue Growth -42.40% Earnings 2026-05-05 ROA -13.85%
ROE -22.62% ROIC — Gross Margin -15.27%
Oper. Margin -10.31% Profit Margin 0.00% Shs Outstand 220.58M
Shs Float 185.63M Short Float 12.91% Short Ratio 4.19
Short Interest — 52W High 8.86 52W Low 0.68
Beta 1.93 Avg Volume 5.83M Volume 4.90M
Target Price $7.00 Recom Buy Prev Close $3.12
Price $3.20 Change 2.56%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$7.00
Mean price target
2. Current target
$3.20
Latest analyst target
3. DCF / Fair value
$-4.72
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.20
Low
$7.00
High
$7.00
Mean
$7.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-14 reit Needham Buy → Buy $7
2025-11-05 main Needham Buy → Buy $7
2025-08-07 main Needham Buy → Buy $4
2025-01-15 reit Needham Buy → Buy $2
2024-11-11 main Needham Buy → Buy $2
2024-08-07 reit Needham Buy → Buy $3
2024-05-08 main Chardan Capital Buy → Buy $5
2024-05-08 reit Needham Buy → Buy $3
2024-03-05 reit DA Davidson Neutral → Neutral $3
2024-02-28 reit Chardan Capital Buy → Buy $5
2024-02-28 reit Needham Buy → Buy $3
2023-11-08 main Needham Buy → Buy $3
2023-08-10 reit Chardan Capital Buy → Buy $5
2023-08-09 reit Needham Buy → Buy $4
2023-06-08 down Wolfe Research Peer Perform → Underperform $2
2023-05-10 reit Chardan Capital — → Buy $5
2023-05-09 main DA Davidson — → Neutral $3
2023-05-09 main Needham — → Buy $4
2023-03-03 main Citigroup — → Neutral $4
2022-12-14 init Citigroup — → Neutral $3
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 30000 156072 — Sale at price 5.20 per share. ANDERSON ERIK J Director — 2025-12-04 00:00:00 I
1 29000 49010 — Sale at price 1.69 per share. ROE LESA B Director — 2025-05-29 00:00:00 D
2 82365 133481 — Sale at price 1.62 per share. GOLDBERG STEVEN H Director — 2025-05-27 00:00:00 D
3 118808 — — Stock Award(Grant) at price 0.00 per share. GOLDBERG STEVEN H Director — 2025-05-21 00:00:00 D
4 118808 — — Stock Award(Grant) at price 0.00 per share. ROE LESA B Director — 2025-05-21 00:00:00 D
5 118808 — — Stock Award(Grant) at price 0.00 per share. ANDERSON ERIK J Director — 2025-05-21 00:00:00 D
6 118808 — — Stock Award(Grant) at price 0.00 per share. WRIGHT MARY ANN Director — 2025-05-21 00:00:00 D
7 118808 — — Stock Award(Grant) at price 0.00 per share. KREH SUSAN M Director — 2025-05-21 00:00:00 D
8 118808 — — Stock Award(Grant) at price 0.00 per share. STEPHENS JOHN JOSEPH Director — 2025-05-21 00:00:00 D
9 118808 — — Stock Award(Grant) at price 0.00 per share. MIZIOLEK ALEKSANDRA A. Director — 2025-05-21 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-440.38-946.68K0.00949.19K
TaxRateForCalcs0.000.210.000.02
NormalizedEBITDA-68.52M-73.28M-57.62M-44.72M
TotalUnusualItems-5.15M-4.51M4.89M40.90M
TotalUnusualItemsExcludingGoodwill-5.15M-4.51M4.89M40.90M
NetIncomeFromContinuingOperationNetMinorityInterest-93.41M-96.52M-65.55M-9.55M
ReconciledDepreciation19.79M17.36M12.73M5.92M
ReconciledCostOfRevenue20.65M20.28M27.73M9.59M
EBITDA-73.67M-77.78M-52.73M-3.82M
EBIT-93.46M-95.15M-65.47M-9.74M
NetInterestIncome13.18M17.62M20.18M8.43M
InterestExpense25.00K46.00K84.00K42.00K
InterestIncome13.20M17.67M20.27M8.48M
NormalizedIncome-88.26M-92.96M-70.44M-49.51M
NetIncomeFromContinuingAndDiscontinuedOperation-93.41M-96.52M-65.55M-9.55M
TotalExpenses118.75M125.47M108.03M70.91M
TotalOperatingIncomeAsReported-100.83M-105.33M-90.62M-59.12M
DilutedAverageShares184.90M179.40M178.01M174.37M
BasicAverageShares184.90M179.40M178.01M174.37M
DilutedEPS-0.51-0.54-0.37-0.05
BasicEPS-0.51-0.54-0.37-0.05
DilutedNIAvailtoComStockholders-93.41M-96.52M-65.55M-9.55M
NetIncomeCommonStockholders-93.41M-96.52M-65.55M-9.55M
OtherunderPreferredStockDividend0.005.44M
NetIncome-93.41M-96.52M-65.55M-9.55M
NetIncomeIncludingNoncontrollingInterests-93.41M-96.52M-65.55M-9.55M
NetIncomeContinuousOperations-93.41M-96.52M-65.55M-9.55M
EarningsFromEquityInterestNetOfTax65.00K-133.00K0.00
TaxProvision-8.00K1.19M0.00-227.00K
PretaxIncome-93.48M-95.19M-65.55M-9.78M
OtherIncomeExpense-5.83M-7.49M4.89M40.90M
OtherNonOperatingIncomeExpenses-684.00K-2.98M3.78M-3.60M
SpecialIncomeCharges0.000.00
GainOnSaleOfSecurity-5.15M-4.51M4.89M40.90M
NetNonOperatingInterestIncomeExpense13.18M17.62M20.18M8.43M
InterestExpenseNonOperating25.00K46.00K84.00K42.00K
InterestIncomeNonOperating13.20M17.67M20.27M8.48M
OperatingIncome-100.83M-105.33M-90.62M-59.12M
OperatingExpense98.10M105.19M80.30M61.32M
OtherOperatingExpenses-3.83M
ResearchAndDevelopment72.51M73.34M54.75M38.59M
SellingGeneralAndAdministration29.42M31.85M25.55M22.72M
SellingAndMarketingExpense3.69M3.43M
GeneralAndAdministrativeExpense19.03M5.66M
OtherGandA19.03M5.66M
GrossProfit-2.74M-145.00K-10.32M2.20M
CostOfRevenue20.65M20.28M27.73M9.59M
TotalRevenue17.91M20.14M17.41M11.79M
OperatingRevenue17.91M20.14M17.41M11.79M
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber201.18M180.36M179.01M176.01M
ShareIssued201.18M180.36M179.01M176.01M
TotalDebt7.99M8.86M9.55M10.05M
TangibleBookValue414.01M408.24M501.69M554.26M
InvestedCapital416.17M410.31M503.33M555.38M
WorkingCapital250.63M105.27M167.24M307.07M
NetTangibleAssets414.01M408.24M501.69M554.26M
CapitalLeaseObligations7.99M8.86M9.55M10.05M
CommonStockEquity416.17M410.31M503.33M555.37M
TotalCapitalization416.17M410.31M503.33M555.37M
TotalEquityGrossMinorityInterest416.17M410.31M503.33M555.37M
StockholdersEquity416.17M410.31M503.33M555.37M
OtherEquityInterest470.00K34.00K
GainsLossesNotAffectingRetainedEarnings354.00K39.00K-559.00K-3.16M
OtherEquityAdjustments354.00K39.00K-559.00K-3.16M
RetainedEarnings-274.90M-181.17M-84.64M-19.09M
AdditionalPaidInCapital690.23M591.39M588.51M577.60M
CapitalStock20.00K18.00K18.00K18.00K
CommonStock20.00K18.00K18.00K18.00K
TotalLiabilitiesNetMinorityInterest38.92M37.94M29.46M39.07M
TotalNonCurrentLiabilitiesNetMinorityInterest22.12M17.97M13.58M18.34M
OtherNonCurrentLiabilities1.11M1.21M803.00K393.00K
PreferredSecuritiesOutsideStockEquity34.00K0.00
DerivativeProductLiabilities13.88M8.73M4.23M9.12M
NonCurrentDeferredLiabilities0.00226.00K
NonCurrentDeferredTaxesLiabilities0.00226.00K
LongTermDebtAndCapitalLeaseObligation7.13M8.02M8.55M9.22M
LongTermCapitalLeaseObligation7.13M8.02M8.55M9.22M
LongTermDebt10.00K
CurrentLiabilities16.80M19.97M15.88M20.73M
CurrentDeferredLiabilities370.00K3.15M829.00K4.05M
CurrentDeferredRevenue370.00K3.15M829.00K4.05M
CurrentDebtAndCapitalLeaseObligation861.00K833.00K1.00M829.00K
CurrentCapitalLeaseObligation861.00K833.00K1.00M822.00K
CurrentDebt7.00K120.00K
OtherCurrentBorrowings7.00K120.00K
PensionandOtherPostRetirementBenefitPlansCurrent7.04M7.58M7.59M4.53M
PayablesAndAccruedExpenses8.52M8.41M6.46M11.33M
CurrentAccruedExpenses1.26M2.27M
InterestPayable0.00
Payables8.52M8.41M6.46M11.33M
AccountsPayable8.52M8.41M6.46M11.33M
TotalAssets455.09M448.25M532.79M594.45M
TotalNonCurrentAssets187.66M323.01M349.67M266.64M
OtherNonCurrentAssets1.06M1.58M1.06M1.15M
NonCurrentNoteReceivables4.40M4.27M0.00
InvestmentsAndAdvances87.00M210.40M239.57M172.97M
GoodwillAndOtherIntangibleAssets2.17M2.07M1.65M1.11M
OtherIntangibleAssets2.17M2.07M1.65M1.11M
NetPPE93.05M104.70M107.40M91.41M
AccumulatedDepreciation-57.11M-39.71M-23.51M-11.63M
GrossPPE150.16M144.40M130.91M103.03M
Leases73.37M73.11M59.11M28.00M
ConstructionInProgress6.86M5.14M13.65M40.04M
OtherProperties65.22M61.85M54.24M33.52M
MachineryFurnitureEquipment4.71M4.30M3.92M1.48M
Properties0.000.000.000.00
CurrentAssets267.43M125.24M183.12M327.81M
OtherCurrentAssets7.00M5.65M5.52M2.89M
PrepaidAssets4.22M
Receivables9.64M1.39M1.55M1.84M
OtherReceivables9.64M1.39M1.55M1.84M
CashCashEquivalentsAndShortTermInvestments250.78M118.20M176.04M323.08M
OtherShortTermInvestments229.18M92.78M141.50M272.96M
CashAndCashEquivalents21.61M25.41M34.54M50.12M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-84.47M-80.28M-93.33M-92.62M
RepurchaseOfCapitalStock-3.59M-9.07M0.000.00
RepaymentOfDebt-284.00K-427.00K-369.00K-263.00K
IssuanceOfDebt0.005.83M
IssuanceOfCapitalStock89.76M412.00K434.00K0.00
CapitalExpenditure-11.08M-16.38M-35.07M-58.79M
InterestPaidSupplementalData26.00K46.00K84.00K42.00K
EndCashPosition21.61M25.41M34.54M50.12M
BeginningCashPosition25.41M34.54M50.12M513.45M
ChangesInCash-3.81M-9.12M-15.59M-463.32M
FinancingCashFlow89.48M-9.43M173.00K485.00K
CashFlowFromContinuingFinancingActivities89.48M-9.43M173.00K485.00K
NetOtherFinancingCharges-1.66M-615.00K-112.00K-70.00K
ProceedsFromStockOptionExercised5.26M273.00K220.00K818.00K
NetPreferredStockIssuance0.00129.54M
PreferredStockPayments0.00-6.04M
PreferredStockIssuance0.00135.58M
NetCommonStockIssuance86.16M-8.66M434.00K0.00
CommonStockPayments-3.59M-9.07M0.00
CommonStockIssuance89.76M412.00K434.00K0.00
NetIssuancePaymentsOfDebt-284.00K-427.00K-369.00K-263.00K
NetShortTermDebtIssuance-7.00K-121.00K
ShortTermDebtPayments-7.00K-121.00K
NetLongTermDebtIssuance-284.00K-427.00K-369.00K-142.00K
LongTermDebtPayments-284.00K-427.00K-369.00K-142.00K
LongTermDebtIssuance0.005.83M
InvestingCashFlow-19.90M64.20M42.50M-429.99M
CashFlowFromContinuingInvestingActivities-19.90M64.20M42.50M-429.99M
NetOtherInvestingChanges-5.61M
NetInvestmentPurchaseAndSale-8.84M86.77M77.57M-371.19M
SaleOfInvestment268.89M302.97M405.16M190.37M
PurchaseOfInvestment-277.73M-216.19M-327.59M-561.57M
NetBusinessPurchaseAndSale0.00-6.27M0.00
PurchaseOfBusiness0.00-6.27M0.00
NetIntangiblesPurchaseAndSale-873.00K-438.00K-556.00K-498.00K
PurchaseOfIntangibles-873.00K-438.00K-556.00K-498.00K
NetPPEPurchaseAndSale-10.19M-15.87M-34.51M-58.30M
SaleOfPPE20.00K77.00K0.00
PurchaseOfPPE-10.21M-15.94M-34.51M-58.30M
OperatingCashFlow-73.39M-63.90M-58.26M-33.82M
CashFlowFromContinuingOperatingActivities-73.39M-63.90M-58.26M-33.82M
ChangeInWorkingCapital-10.47M3.68M-121.00K5.38M
ChangeInOtherWorkingCapital-2.78M2.32M-3.22M3.55M
ChangeInOtherCurrentLiabilities-996.00K-771.00K-549.00K-401.00K
ChangeInPayablesAndAccruedExpense879.00K1.26M4.87M550.00K
ChangeInAccruedExpense-537.00K-11.00K3.06M1.66M
ChangeInPayable1.42M1.27M1.81M-1.11M
ChangeInAccountPayable1.42M1.27M1.81M-1.11M
ChangeInPrepaidAssets-366.00K710.00K-1.51M2.69M
ChangeInReceivables-7.21M160.00K288.00K-1.01M
OtherNonCashItems18.00K54.00K174.00K263.00K
StockBasedCompensation8.99M11.97M10.37M8.67M
AssetImpairmentCharge748.00K0.00
AmortizationOfSecurities-4.69M-7.80M-10.97M-3.12M
DeferredTax0.00-227.00K-25.00K
DeferredIncomeTax0.00-227.00K-25.00K
DepreciationAmortizationDepletion19.79M17.36M12.73M5.92M
DepreciationAndAmortization19.79M17.36M12.73M5.92M
Depreciation19.79M17.36M12.73M5.92M
OperatingGainsLosses5.63M7.36M-4.89M-40.89M
EarningsLossesFromEquityInvestments-65.00K133.00K0.00
GainLossOnInvestmentSecurities5.15M4.51M-4.89M-40.90M
GainLossOnSaleOfPPE554.00K1.96M0.0011.00K
NetIncomeFromContinuingOperations-93.41M-96.52M-65.55M-9.55M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SLDP
Date User Asset Broker Type Position Size Entry Price Patterns