Solid Power (SLDP) Competitors

$1.77
+0.03 (+1.72%)
(As of 05/9/2024 ET)

SLDP vs. HYLN, CPS, LEV, SHYF, LOT, CVGI, AEVA, NIU, GOEV, and HLLY

Should you be buying Solid Power stock or one of its competitors? The main competitors of Solid Power include Hyliion (HYLN), Cooper-Standard (CPS), Lion Electric (LEV), The Shyft Group (SHYF), Lotus Technology (LOT), Commercial Vehicle Group (CVGI), Aeva Technologies (AEVA), Niu Technologies (NIU), Canoo (GOEV), and Holley (HLLY). These companies are all part of the "auto/tires/trucks" sector.

Solid Power vs.

Solid Power (NASDAQ:SLDP) and Hyliion (NYSE:HYLN) are both small-cap auto/tires/trucks companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, valuation, institutional ownership, earnings, analyst recommendations, community ranking, risk, media sentiment and profitability.

Solid Power presently has a consensus target price of $3.25, suggesting a potential upside of 82.58%. Hyliion has a consensus target price of $1.25, suggesting a potential downside of 16.67%. Given Solid Power's stronger consensus rating and higher possible upside, analysts plainly believe Solid Power is more favorable than Hyliion.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Solid Power
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Hyliion
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.33

Solid Power has higher revenue and earnings than Hyliion. Solid Power is trading at a lower price-to-earnings ratio than Hyliion, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Solid Power$17.41M17.94-$65.55M-$0.37-4.66
Hyliion$670K403.34-$123.51M-$0.61-2.42

In the previous week, Solid Power had 4 more articles in the media than Hyliion. MarketBeat recorded 11 mentions for Solid Power and 7 mentions for Hyliion. Hyliion's average media sentiment score of 0.50 beat Solid Power's score of 0.03 indicating that Hyliion is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Solid Power
1 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hyliion
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Solid Power has a net margin of -376.47% compared to Hyliion's net margin of -7,004.36%. Solid Power's return on equity of -12.55% beat Hyliion's return on equity.

Company Net Margins Return on Equity Return on Assets
Solid Power-376.47% -12.55% -11.88%
Hyliion -7,004.36%-29.69%-27.79%

Hyliion received 15 more outperform votes than Solid Power when rated by MarketBeat users. However, 52.63% of users gave Solid Power an outperform vote while only 48.08% of users gave Hyliion an outperform vote.

CompanyUnderperformOutperform
Solid PowerOutperform Votes
10
52.63%
Underperform Votes
9
47.37%
HyliionOutperform Votes
25
48.08%
Underperform Votes
27
51.92%

Solid Power has a beta of 1.79, meaning that its stock price is 79% more volatile than the S&P 500. Comparatively, Hyliion has a beta of 1.78, meaning that its stock price is 78% more volatile than the S&P 500.

33.7% of Solid Power shares are held by institutional investors. Comparatively, 22.8% of Hyliion shares are held by institutional investors. 7.2% of Solid Power shares are held by company insiders. Comparatively, 20.4% of Hyliion shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Solid Power beats Hyliion on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SLDP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SLDP vs. The Competition

MetricSolid Powerelectrical machinery, equipment, & supplies IndustryAuto SectorNASDAQ Exchange
Market Cap$312.38M$1.08B$15.15B$7.78B
Dividend YieldN/A1.96%2.47%3.96%
P/E Ratio-4.6615.1016.0518.93
Price / Sales17.9412.2811.5881.69
Price / CashN/A10.9410.2328.61
Price / Book0.613.322.214.58
Net Income-$65.55M-$12.22M$1.18B$217.41M
7 Day Performance-5.74%1.14%0.52%1.40%
1 Month Performance-5.74%0.95%-7.70%-2.27%
1 Year Performance-16.67%-7.89%-7.94%9.72%

Solid Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HYLN
Hyliion
0.1432 of 5 stars
$1.49
-5.7%
$1.25
-15.8%
-18.8%$272.07M$670,000.00-2.4385Analyst Revision
News Coverage
CPS
Cooper-Standard
0 of 5 stars
$14.94
-9.8%
N/A+23.8%$258.31M$2.82B-1.2823,000Analyst Upgrade
News Coverage
Gap Up
LEV
Lion Electric
2.5679 of 5 stars
$1.05
-1.9%
$2.34
+124.3%
-58.8%$236.36M$253.50M-2.271,350Analyst Forecast
News Coverage
SHYF
The Shyft Group
2.8402 of 5 stars
$12.21
-3.6%
$14.00
+14.7%
-48.3%$419.66M$872.20M-1,221.003,000Dividend Announcement
LOT
Lotus Technology
0.056 of 5 stars
$7.80
+6.7%
$7.00
-10.3%
N/A$225.81M$679.01M-16.253,180News Coverage
CVGI
Commercial Vehicle Group
4.5735 of 5 stars
$5.60
-7.0%
$10.00
+78.6%
-44.1%$189.73M$994.68M3.788,200Analyst Forecast
Analyst Revision
News Coverage
High Trading Volume
AEVA
Aeva Technologies
3.113 of 5 stars
$3.46
+0.6%
$11.90
+244.4%
-43.0%$182.49M$4.31M-1.06301Analyst Forecast
News Coverage
NIU
Niu Technologies
0 of 5 stars
$2.33
-0.9%
N/A-36.2%$179.71M$373.49M-4.85550Gap Down
GOEV
Canoo
1.6384 of 5 stars
$2.58
-1.9%
$49.19
+1,806.5%
-84.9%$166.15M$890,000.00-0.19651Upcoming Earnings
HLLY
Holley
3.9765 of 5 stars
$4.17
+1.2%
$7.75
+85.9%
+67.9%$495.40M$659.70M24.531,633Analyst Forecast
News Coverage

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This page (NASDAQ:SLDP) was last updated on 5/9/2024 by MarketBeat.com Staff

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