Solid Power (SLDP) Is Up 68.2% After Advancing Solid-State Batteries With BMW Integration and DOE Funding

• Solid Power has achieved key breakthroughs in its all-solid-state battery technology, including successful integration of its battery cells into BMW's i7 test vehicles and expanded partnerships with major automakers like BMW and Ford, alongside receiving up to US$50 million in funding from the U.S. Department of Energy to support production.
• An important insight is that the company's recent real-world testing and enhanced collaborations signal substantial progress toward commercial adoption of solid-state batteries in electric vehicles.
• We'll explore how the recent progress in battery cell integration with BMW vehicles shapes Solid Power's investment narrative going forward.

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Solid Power Investment Narrative Recap

To believe in Solid Power as a shareholder, you have to expect that its breakthroughs in solid-state battery technology, real-world integration with BMW, and wider strategic auto partnerships will translate into commercial adoption at scale and industry-leading revenue growth. The latest progress marks a positive step for the company’s most important short-term catalyst, validation and early-stage adoption by global automakers, though intense industry competition remains the biggest risk and is not diminished by this news.

Among recent announcements, the follow-on equity offering of US$150 million stands out as the most significant in connection to these catalysts. Raising substantial funds after a wave of positive operational news could help support further investment in pilot manufacturing lines and deepen its liquidity buffer, both important for scaling up commercial battery production as automotive partners increase validation efforts.

However, investors should also be aware that despite the technology’s momentum, Solid Power remains highly exposed to...

Read the full narrative on Solid Power (it's free!)

Solid Power's narrative projects $33.2 million revenue and $1.6 million earnings by 2028. This requires 13.5% yearly revenue growth and a $95.1 million earnings increase from current earnings of -$93.5 million.

Uncover how Solid Power's forecasts yield a $4.00 fair value, a 36% downside to its current price.

Exploring Other Perspectives

Simply Wall St Community fair value estimates for Solid Power range from US$0.21 to US$4.50, with seven individual perspectives included. While optimism surrounds rapid technology milestones and auto partnerships, concentration risk with a handful of OEMs could affect the company’s long-term prospects, consider reviewing several viewpoints on how this might impact future growth.

Explore 7 other fair value estimates on Solid Power - why the stock might be worth as much as $4.50!

Build Your Own Solid Power Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Solid Power research is our analysis highlighting 1 key reward and 2 important warning signs that could impact your investment decision.
• Our free Solid Power research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Solid Power's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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