Solid Power Inc logo

Solid Power Inc(SLDP)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$2.02
10/27/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for SLDP

10/27/2026: SLDP (1-star) is currently NOT-A-BUY. Pass it for now.

Solid Power Inc is a pre-revenue, growth-stage company developing sulfide-based solid-state battery technology for the electric vehicle industry. Its primary strength lies in its strategic partnerships with major automakers like BMW and Ford, which help validate its proprietary electrolyte materials. The main growth story hinges on the company successfully scaling its material production and demonstrating the commercial viability of its technology. However, it faces intense execution, valuation, and competitive risks from well-capitalized incumbents. The stock is most suitable for risk-tolerant investors seeking speculative exposure to next-generation battery technology; investors should monitor production milestones and partner development updates closely.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers exposure to disruptive battery technology, though it is currently pre-revenue with significant execution risk.
Momentum investorWeak fitThe stock has experienced significant volatility and is currently speculative, often requiring a positive upturn signal to be relevant.
Value investorWeak fitThe company lacks earnings, cash flow, and traditional valuation metrics, making it unsuitable for classic value strategies.
Dividend investorWeak fitSolid Power pays no dividends and is focused on capital preservation and R&D.
Low-risk investorWeak fitHigh technology and execution risk make this stock inappropriate for low-risk portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock's speculative nature and low liquidity can lead to significant price swings.
Valuation riskHighValuation is based on long-term potential rather than current fundamentals, leaving it vulnerable to sentiment shifts.
Competition risk (Battery technology)HighLarge, well-capitalized incumbents could out-compete or obsolete the company's technology.
Business qualityMediumWhile the technology is innovative, the company is still proving its ability to scale production.
Dividend incomeLow / noneThere is no income component to this investment.
Execution riskHighScaling battery manufacturing from the lab to mass production is notoriously difficult and capital intensive.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit -40.33%
Avg. Invested days 17
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/27/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
SLDP receives a 2-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
SLDP has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, moderate earnings growth (+3.2%) is partially offset by weak cash generation (FCF margin -384.4%), moderate revenue growth (+8.0%), weak profitability (net margin -429.5%).

Financial Health Rating

★★★★★
SLDP's financial health is soft, with the relatively strongest area being moderate liquidity, including working-capital and asset support (WC/assets 55.1%). Operating efficiency is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is SLDP's strongest growth driver at +8.0% FY2025 versus FY2024 (moderate, 3 stars). By comparison, while free-cash-flow growth (-4.1%, slightly negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 37.4% and approximately 91.2% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 9.50% supports management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 7.50%
Vanguard Capital Management, LLC 3.70%
State Street Corp 2.54%
Geode Capital Management, LLC 2.26%
Riverstone Holdings LLC 2.04%

Unit Economics (Per $1K Revenue)

★★★★★
SLDP generates approximately $50 of gross profit, $-4,637 of operating income, and $-3,844 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.01%

Quantitative Style Profile

★★★★★
SLDP has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 454.08M USD
Price to earnings Ratio -
1Y Target Price 6.88
Price to earnings Ratio -
1Y Target Price 6.88
Volume (30-day avg) 2.9M shares
Beta 2
52 Weeks Range 1.91 - 8.86
Updated Date 10/27/2026
52 Weeks Range 1.91 - 8.86
Updated Date 10/27/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.45

How Company Makes Money

Business areaWhat it includesRetail investor read
Joint Development Agreements (JDA)Revenue from automotive partners for co-developing battery cell technology.Revenue is currently driven by R&D contracts rather than mass-market product sales.
Electrolyte Material SalesSupply of sulfide-based electrolyte samples to strategic partners.The company is beginning to commercialize its material technology as a secondary revenue stream.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE -
Forward PE -
Enterprise Value 219.18M
Price to Sales(TTM) 61.43
Enterprise Value 219.18M
Price to Sales(TTM) 61.43
Enterprise Value to Revenue 29.65
Enterprise Value to EBITDA 6.15
Shares Outstanding 228.18M
Shares Floating 208.00M
Shares Outstanding 228.18M
Shares Floating 208.00M
Percent Insiders 9.5
Percent Institutions 37.38

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.