Solid Power: Risky, Early, But Finally Cheap Enough To Buy

Solid Power remains a high-risk solid-state battery name, but its balance sheet gives it time to execute. The nearest operational catalyst is SP2.5 commissioning by year-end, which could improve commercialization optionality. Valuation is described as expensive on sales alone, but cash on hand helps offset the risk profile.

Analysis

Solid Power remains a high-risk solid-state battery name, but its balance sheet gives it time to execute. The nearest operational catalyst is SP2.5 commissioning by year-end, which could improve commercialization optionality. Valuation is described as expensive on sales alone, but cash on hand helps offset the risk profile.