SLDPW - Solid Power: Here's What To Do Now If You Missed Selling Earlier
2025-04-18 08:39:19 ET
Summary
- Commercialization of Solid Power's solid state batteries may still be a decade away and the lack of positive news development catalysts so far in FY25 may be indicative of slow progress.
- Quarterly cash burn has come in better than expectations as the company suddenly decided to cut back on project spends in Q4 FY24 - a puzzling move.
- Solid Power may have limited direct headwinds from tariffs but indirectly, I expect a slowdown in activity as auto OEMs face budget constraints.
- SLDP is trading at deep value valuations but liquidity levels are dwindling down. Relative technicals make it risky to continue having a bearish view.
- Overall, I have a neutral view on SLDP. Short interest levels would be something to track to gauge the upside risks from a short squeeze.
Performance Assessment
Overall, Solid Power ( SLDP ) has sold off about 10% since my last update on the stock. But this has slightly beaten the S&P500 ( SPY ) ( SPX ) ( IVV ) ( VOO ): ...
Solid Power: Here's What To Do Now If You Missed Selling Earlier