In a report released today, Michael Shlisky from D.A. Davidson maintained a Hold rating on Solid Power (SLDP – Research Report), with a price target of $3.00. The company’s shares closed yesterday at $1.53.
According to TipRanks, Shlisky is an analyst with an average return of -1.2% and a 36.18% success rate. Shlisky covers the Industrials sector, focusing on stocks such as Standex International, Wabash National, and REV Group.
Currently, the analyst consensus on Solid Power is a Hold with an average price target of $3.17, representing a 107.19% upside. In a report released on February 29, Stifel Nicolaus also maintained a Hold rating on the stock with a $3.50 price target.
See Insiders’ Hot Stocks on TipRanks >>
SLDP market cap is currently $277.1M and has a P/E ratio of -4.14.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Solid Power (SLDP) Company Description:
Decarbonization Plus Acquisition Corp III is a blank check company.
Read More on SLDP:
- Solid Power Outlines Future Goals and Investor Cautions
- Solid Power Full Year 2023 Results Reflect Strong Execution
- Solid Power Inc. (SLDP) Q4 Earnings Cheat Sheet
- Solid Power, Inc. Announces Timing of Full Year 2023 Earnings Release and Conference Call
- Unusually active option classes on open January 23rd
