Solid Power (SLDP)

• Market cap: $184M
• 1 day: -3.77%
• 5 days: -11.30%
• 1 month: -20.31%
• 3 months: -28.67%
• 6 months: -44.26%
• Year to date: -23.88%
• 1 year: -38.18%
• 5 years: -92.39%
• 10 years: -92.39%
• Sector: Industrials
• Industry: Miscellaneous Electrical Machinery, Equipment & Supplies

About: Solid Power Inc is engaged in developing all-solid-state battery cell technology to enable the next generation of batteries for the EV and other markets. The company's planned business model is to license its all-solid-state battery cell designs and manufacturing know-how to top tier battery manufacturers or automotive original equipment manufacturers and to sell its sulfide-based solid electrolyte for incorporation into all-solid-state battery cells.

Employees: 236

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

48% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 29

0.47% more ownership

Funds ownership: 26.03% [Q2] → 26.5% (+0.47%) [Q3]

5% less funds holding

Funds holding: 143 [Q2] → 136 (-7) [Q3]

16% less capital invested

Capital invested by funds: $76.1M [Q2] → $64M (-$12M) [Q3]

25% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 28

30% less call options, than puts

Call options by funds: $45K | Put options by funds: $64K

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $1 2% downside
• Avg. target: $1.50 47% upside
• High target: $2 96% upside

2 analyst ratings

• positive: 1 50%
• neutral: 0 0%
• negative: 1 50%

Needham Chris Pierce 47% 1-year accuracy 28 / 59 met price target	96% upside $2	Buy Maintained	11 Nov 2024
Wolfe Research Emmanuel Rosner 100% 1-year accuracy 9 / 9 met price target	2% downside $1	Underperform Assumed	5 Sept 2024