- Solid Power Inc (SLDP, Financial) is set to report its Q1 earnings, with expectations of steady EPS from last year.
- Analysts predict a 16% drop in revenue to $5 million for this quarter.
- Despite short-term challenges, forecasts show significant potential upside for SLDP's share value.
Anticipated Earnings and Revenue for Solid Power Inc
Solid Power Inc (SLDP) is poised to announce its first-quarter earnings on May 6, after the market closes. Analysts have projected the company will record an earnings per share (EPS) of -$0.12, matching the results of the previous year. However, revenue is expected to fall 16% to $5 million. Historically, Solid Power has outperformed EPS expectations in 50% of cases and exceeded revenue predictions 75% of the time, suggesting a strong potential for surprises.
Wall Street Analysts' Price Targets and Ratings
Analysts have provided one-year price targets for Solid Power Inc (SLDP, Financial), with an average target of $2.50. The high and low estimates stand at $3.00 and $2.00, respectively. This average target indicates a substantial upside potential of 121.24% from the current market price of $1.13. For a more comprehensive analysis, visit the Solid Power Inc (SLDP) Forecast page.
The company's consensus recommendation from three brokerage firms is a "Hold" rating, represented by an average score of 2.7. The rating scale spans from 1, symbolizing a Strong Buy, to 5, indicating a Sell position.
Investment Potential and GF Value Assessment
GuruFocus estimates place the one-year GF Value for Solid Power Inc (SLDP, Financial) at $4.64, offering a remarkable upside of 310.62% from its current price of $1.13. The GF Value reflects GuruFocus' assessment of the stock's fair trading value, calculated through historical trading multiples, past business growth, and future performance projections. Additional insights are available on the Solid Power Inc (SLDP) Summary page.
