SLDP
Solid Power, Inc.

Solid Power, Inc.SLDP

Consumer Cyclical · Auto Parts
2.49USD
+0.40%
Sep 23, 2026
SLDP overview ready
Solid Power is a development-stage supplier of sulfide solid electrolyte materials and a licensor of all-solid-state cell designs and manufacturing processes to battery-cell and automotive partners, rather than a planned high-volume battery-cell manufacturer.
Narrative is still early
Exposed to the Next-Generation Battery Commercialization narrative through Advanced Battery Electrolytes and High-Energy-Density Cells — component supplier.
Price trend is broken
Longer-term context reads early trend, with a near-term setup of reclaim attempt.
Valuation not measured
Fundamentals under pressure
Ev / sales is weak.
Primary risk
Technology development risk.
Market Sep 22Filing Jun 30Price action Sep 22Research Sep 18

Conviction Level

NarrativeHeat4.6ThemeHeat7.2PriceAction8.0Valuation1.5CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads early trend, with a near-term setup of reclaim attempt.
EntryBreakout + retest

Price broke through the weekly SMA200, then retested it constructively and recovered — a fresh structural entry rather than a chase.

Key Financials

Market Cap
$568.2M
Avg Volume (60D)
3.2M
60 sessions
Revenue Growth YoY
-11.1%
FY2025 vs FY2024
Gross Margin
-105.1%
Free Cash Flow Yield
-12.8%
Distance from 200DMA
-25.0%
Next Earnings
2026-11-03
P/E
N/M
EV / Sales
45.5x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Dec 31, 2022

Fundamentals & Valuation

Two of the three valuation perspectives say expensive; intrinsic is the dissenting view.
Solid Power, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces.

Company Research

Thesis
Solid Power is a development-stage supplier of sulfide solid electrolyte materials and a licensor of all-solid-state cell designs and manufacturing processes to battery-cell and automotive partners, rather than a planned high-volume battery-cell manufacturer.
Opportunity
Moderate opportunity
Automaker and battery-maker development, qualification, and scale-up of advanced battery chemistries and critical cell materials intended to improve EV energy density, safety, charging performance, and manufacturability beyond conventional lithium-ion cells.
Key risk
Technology development risk.

Narrative & Theme

Next-Generation Battery Commercialization
Part of Advanced Battery Electrolytes and High-Energy-Density Cells, with strong fit.
SLDP has a direct and specific exposure to the emerging commercialization of all-solid-state EV batteries, particularly through sulfide electrolyte supply and technology licensing.
Narrative HeatNeutral4.6 / 10
Theme HeatHeating up7.2 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Consumer Cyclical · Auto Parts
What they do

Solid Power, Inc. develops solid-state battery technologies, focusing on sulfide-based solid electrolytes for electric vehicles in the U.S. Market.

Products & services
Solid-state batteries
Sulfide-based solid electrolytes
Customers & end markets
Electric vehicle manufacturers
Automotive industry
Market position

Niche player in the solid-state battery development space.

Demand drivers
High cyclicality

Demand is closely tied to the electric vehicle market and automotive industry cycles.