Solid Power Intrinsic Stock Value – Wall Street Weighs in on Solid Power Inc Stock Prospects
December 17, 2023
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Wall Street has been weighing in on the stock prospects of Solid Power ($NASDAQ:SLDP) Inc, a US-based energy storage company specializing in lithium-ion batteries. Analysts have been assessing the company’s potential to become a leader in the emerging energy storage sector and have made predictions about the future of their stock. Solid Power’s strong partnerships with major automakers like BMW and Ford have been seen as a positive influence on the company’s outlook. Analysts have noted that the company’s current position puts them in a good spot to capitalize on increased demand for energy storage solutions and electric vehicles.
In addition, the company’s commitment to providing environmentally conscious solutions has given them additional credibility and staying power on the stock market. Analysts believe that the company’s strong partnerships, commitment to sustainable products, and strategic positioning put them in a prime position to benefit from the current wave of innovation in the energy storage sector. As such, many are predicting that the company’s stock may continue to rise in the coming years.
Price History
The stock decline has affected investors’ outlook on the company, with many turning bearish on the company’s stock performance. Analysts predict that the stock will continue to face headwinds over the next few weeks as investors wait to see how the current market situation impacts Solid Power Inc. Going forward, analysts will be watching the company closely to see whether it can recover and turn its fortunes around. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Solid Power. More…
| Total Revenues | Net Income | Net Margin |
| 19.26 | -46.99 | -327.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Solid Power. More…
| Operations | Investing | Financing |
| -54.99 | -15.25 | -0.01 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Solid Power. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 543.93 | 26.31 | 2.9 |
Key Ratios Snapshot
Some of the financial key ratios for Solid Power are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 73.0% | – | -244.4% |
| FCF Margin | ROE | ROA |
| -495.9% | -5.6% | -5.4% |
Analysis – Solid Power Intrinsic Stock Value
GoodWhale has conducted an analysis of SOLID POWER‘s wellbeing and found that the intrinsic value of SOLID POWER share is around $25.7. This value was calculated using our proprietary Valuation Line. Our findings indicate that the current market price of SOLID POWER stock, at $1.2, is significantly undervalued by 95.3%. This provides a great opportunity for investors to purchase these shares at a discount and benefit from potential returns in the future. More…
Peers
The company has a strong competitive position in the market and is facing competition from Dry Cell And Storage Battery JSC, Simplo Technology Co Ltd, Guangdong Greenway Technology Co Ltd.
– Dry Cell And Storage Battery JSC ($HOSE:PAC)
Simplo Technology Co Ltd is a publicly traded company with a market capitalization of 51.33 billion as of 2022. The company has a return on equity of 21.21%. Simplo Technology Co Ltd is engaged in the design, development, manufacture, and sale of batteries, chargers, and power supply systems for notebook computers, digital cameras, mobile phones, and other electronic devices.
– Simplo Technology Co Ltd ($TPEX:6121)
Guangdong Greenway Technology Co., Ltd. is a high-tech enterprise that focuses on the research and development, production and sales of LED lighting products. The company was founded in 2003 and is headquartered in Shenzhen, China. It has a market cap of 5.79B as of 2022 and a ROE of 9.22%. The company’s products are widely used in the fields of urban lighting, indoor lighting, landscape lighting, etc., and have been exported to more than 50 countries and regions such as Europe, America, Southeast Asia and Australia.
Summary
Solid Power Inc is a publicly traded company whose stock has recently seen significant fluctuations. Analysts are uncertain about the direction it will take in the near future. There are a few factors to consider when investing in Solid Power. The company is currently in the process of launching new products, which could bring in more profits.
Additionally, the company has a strong financial position and has been able to maintain positive cash flows. Furthermore, Solid Power has established relationships with several large companies and has an experienced management team. Overall, the long-term outlook for Solid Power looks promising, but short-term investors should be cautious as the stock price is subject to volatility.
