Solid Power, Inc. Class A (SLDP)

Solid Power, Inc. (SLDP) stock has experienced significant volatility in the past six months. The stock price saw a substantial increase of over 130% since early July 2025, and as of January 9, 2026, the share price was $5.33, representing a 211.70% increase from $1.71 on January 13, 2025. In November 2025, Solid Power announced its Q3 2025 operational and financial results, highlighting the Joint Evaluation Agreement with Samsung SDI and BMW. The company continued site acceptance testing for the SK On pilot cell line, which remained on schedule for completion by year-end 2025. Detailed design work for the installation of Solid Power's continuous electrolyte production pilot line progressed, with commissioning on track for 2026. In early January 2026, Solid Power's shares showed positive momentum, partly driven by Needham & Company's price target increase from $4.00 to $7.00.

There is no explicit mention of demand seasonality for Solid Power, Inc.'s products and services. As a company focused on development, licensing, and supply of core materials for solid-state battery technology, its revenue is driven by milestone payments and government research contracts. The company is in a pre-commercialization phase, focused on scaling production capacity rather than responding to seasonal fluctuations.

Solid Power, Inc. (SLDP) is focused on developing and commercializing all-solid-state battery cells and solid electrolyte materials for the electric vehicle (EV) market. Founded in 2011 and based in Louisville, Colorado, the company operates in the Industrials sector, specifically in the Electrical Equipment & Parts industry. Solid Power uses a "capital light" approach, producing and selling its sulfide-based solid electrolyte material to cell manufacturers and licensing its solid-state cell designs and manufacturing processes. The company aims to replace the flammable liquid electrolyte in conventional lithium-ion batteries with a solid version, enhancing safety, stability, and energy density. Solid Power produces solid-state cells ranging from 0.2 Ah to 60 Ah on pre-pilot and pilot cell manufacturing lines to improve electrolyte performance and support partner development programs.

Solid Power, Inc. is headquartered in Louisville, Colorado, United States, with primary operations and market focus in the United States. The company has strategic partnerships and development agreements with automotive OEMs and Tier 1 suppliers across North America, Europe, and Asia. Solid Power plans to expand its presence by setting up production equipment for solid electrolyte in South Korea by 2028, with further capacity expansion anticipated in 2029 and 2030.

Solid Power's brand reputation has been shaped by its technological advancements, strategic partnerships, and the challenges of a pre-commercialization company. The company is viewed as an innovator in solid-state battery technology. The Joint Evaluation Agreement with Samsung SDI and BMW and government support from the U.S. Department of Energy (DOE) have positively impacted its reputation. Continued electrolyte sampling to potential customers and the commissioning of an electrolyte innovation center contribute to a reputation for ongoing research and development. However, the company faces reputational challenges due to its pre-commercialization phase, market volatility, competition, and analyst sentiment.

Solid Power, Inc. (SLDP) has a mixed ownership structure, comprising institutional investors, company insiders, and the general public. Approximately 36.66% of the company's stock is held by institutional shareholders, 33.29% by insiders, and 30.05% by retail investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and Bank Of America Corp /de/. Significant individual and insider owners include Volta Energy Technologies LLC (9.11% ownership), David M. Leuschen (6.55% ownership), and Douglas M. Campbell (5.08% ownership). Insider trading activity in late 2025 showed some insider selling by John C. Van Scoter and Linda C. Heller.