Solid Power Q3 revenue misses estimates

Reuters
Nov 05
<a href="https://laohu8.com/S/SLDP">Solid Power</a> Q3 revenue misses estimates

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)

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