SLDP Earnings Prediction
The chart below shows how SLDP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SLDP sees a +4.71% change in stock price 10 days leading up to the earnings, and a -9.73% change 10 days following the report. On the earnings day itself, the stock moves by +0.22%. This data can give you a slight idea of what to expect for the next quarter's release.
SLDP Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
4.65M
-26.94%
-8.35%
Gross Margin
-49.92%
289.09%
600.14%
Operating Margin
-593.23%
75.68%
11.77%
Net Margin
-482.03%
102.65%
9.83%
EPS
-0.13
-62.50%
-0.00%
No Data Available
SLDP Earnings Analysis
Solid Power, Inc. Class A Common Stock Corporation (SLDP.O) Earnings Conference Call
Positive
Q3 Revenue Performance: Solid Power delivered $4.7 million in revenue during the third quarter of 2024, primarily driven by continued execution on the SK On agreements and government contracts.
Operating Expenses Breakdown: Operating expenses were $32.2 million driven by increased production costs, cell and electolyte development costs, scaling of operations and execution under our joint development agreements.
Strong Liquidity Position: Solid Power's liquidity position remains strong with $348.1 million of total liquidity as of September 30 2024.
Project Cost Allocation: The total estimated project cost is $110 million and we are dedicating $60 million over a multi-year period.
Electrolyte Production Target: We expect to produce 75 metric tons of electrolyte per year to support our customer development programs.
Negative
Q3 Revenue Performance: Solid Power delivered $4.7 million in revenue during the third quarter of 2024, primarily driven by continued execution on the SK On agreements and government contracts.
Operating Expenses Breakdown: Operating expenses were $32.2 million driven by increased production costs, cell and electrolyte development costs, scaling of operations and execution under our joint development agreements.
Operating and Net Losses: Operating loss was $27.6 million and net loss was $22.4 million or $0.13 per share.
Electrolyte Production Investment: Capital expenditures totaled $2.7 million during the quarter primarily representing investments in the electrolyte production capabilities including the build-out of the EIC.
Project Cost Allocation: The total estimated project cost is $110 million and we are dedicating $60 million over a multi-year period.
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SLDP Earning Call Sentiment
Solid Power, Inc. (SLDP) Q3 2024 Earnings Call Transcript
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SLDP.O
6.71%Positive
The earnings report presents a mixed picture: reduced revenue guidance, increased expenses, and ongoing losses are concerning. While there is strong liquidity and a promising DOE grant, the competitive and economic risks, along with unclear management responses, weigh negatively. The partnership with SK On and BMW is positive, but the market competition and manufacturing transition risks are significant. The Q&A section revealed unclear guidance, adding uncertainty. Overall, these factors suggest a likely negative stock price reaction in the short term.