Overview
Solid Power Q3 revenue misses analyst expectations
Company reports $4.6 mln in revenue and grant income for Q3 2025
Outlook
Solid Power expects 2025 cash investment between $85 mln and $95 mln
Result Drivers
PARTNERSHIP ADVANCEMENT - Solid Power cites Joint Evaluation Agreement with Samsung SDI and BMW as a key driver for battery technology development
SITE ACCEPTANCE TESTING - Revenue driven by site acceptance testing milestone under SK On agreement
OPERATIONAL EFFICIENCIES - Co focused on operational efficiencies and cost reductions while driving innovation
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Miss | $3.73 mln | $5.70 mln (2 Analysts) |
Q3 EPS | -$0.14 | ||
Q3 Net Income | -$25.86 mln | ||
Q3 Operating Income | -$24.42 mln | ||
Q3 Pretax Profit | -$24.90 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"
Wall Street's median 12-month price target for Solid Power Inc is $4.00, about 60.5% below its November 3 closing price of $6.42
Press Release: ID:nBw8wvLsPa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)