Solid Power, Inc. Class A (SLDP)

Solid Power's stock has experienced volatility in the past six months. In April 2025, they announced the timing of their first-quarter earnings release. In May 2025, they reported first-quarter results, showing revenue growth and BMW began testing its i7 test vehicle. In June 2025, the stock was analyzed with a strong cash position. In August 2025, the stock surged following favorable sentiment and promising updates. In September 2025, news regarding SK On pushing solid-state EV batteries closer was noted. In October 2025, the stock traded up driven by positive market sentiment and strategic developments, but also experienced a drop. Weiss Ratings reiterated a "sell" rating. The company announced the timing of its third-quarter earnings release.

Solid Power is in the pre-commercialization phase, with revenue primarily from collaborative agreements and development milestones. Traditional demand seasonality is not directly applicable at this stage. Significant electrolyte revenue is anticipated potentially as early as 2027 or 2028, with commercial revenue projected around 2030 and beyond. Demand is tied to the growth of the electric vehicle market and the transition to advanced battery technologies.

Solid Power, Inc. is a developer and manufacturer of all-solid-state rechargeable battery cells, targeting the EV and energy storage markets. Their core technology uses a sulfide-based solid electrolyte to replace flammable liquid electrolytes, aiming for enhanced safety, higher energy density, improved thermal stability, and longer battery life. The company manufactures and sells its electrolyte and licenses its cell designs and manufacturing processes. Solid Power has partnerships with major automotive manufacturers like BMW, Ford, and SK On.

Solid Power is headquartered in Louisville, Colorado, and has facilities in Louisville and Thornton, Colorado. They are collaborating with SK On to install a new cell manufacturing line in Chungju, South Korea. The company has employees across five continents, including North America, Europe, and Asia.

Solid Power's brand reputation is shaped by its solid-state battery technology and partnerships. The company is seen as a key player in battery technology, aiming to revolutionize the EV market. Partnership extensions and new agreements, BMW testing, government support, and facility expansions have positively affected its reputation. The company is recognized for its technology but faces challenges in scaling production and achieving cost-effectiveness.

Solid Power's ownership includes institutional, retail, and individual investors. Major institutional owners include BlackRock, Inc. and Vanguard Group Inc. Volta Energy Technologies LLC is the largest individual shareholder, and David M. Leuschen also holds a significant stake. Retail investors collectively hold a substantial portion. Ford Motor Company was noted as a large shareholder.