Roth Capital Estimates Stardust Power FY2024 Earnings

Stardust Power Inc. (NASDAQ:SDST) – Analysts at Roth Capital issued their FY2024 EPS estimates for shares of Stardust Power in a research report issued to clients and investors on Wednesday, November 20th. Roth Capital analyst J. Reagor forecasts that the company will post earnings of ($0.45) per share for the year. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Stardust Power’s current full-year earnings is ($0.63) per share. Roth Capital also issued estimates for Stardust Power’s Q4 2024 earnings at ($0.04) EPS, Q1 2025 earnings at ($0.04) EPS, Q2 2025 earnings at ($0.04) EPS, Q3 2025 earnings at ($0.27) EPS, Q4 2025 earnings at ($0.27) EPS, FY2025 earnings at ($0.68) EPS, FY2026 earnings at ($1.14) EPS, FY2027 earnings at ($0.73) EPS and FY2028 earnings at $0.68 EPS.

A number of other equities research analysts have also weighed in on the stock. Roth Mkm started coverage on shares of Stardust Power in a report on Thursday, November 21st. They issued a “buy” rating and a $13.00 price objective for the company. B. Riley assumed coverage on shares of Stardust Power in a research report on Tuesday, October 29th. They set a “buy” rating and a $12.00 price target on the stock.

Stardust Power Trading Up 0.7 %

Stardust Power stock opened at $6.91 on Monday. Stardust Power has a fifty-two week low of $6.58 and a fifty-two week high of $28.38. The stock has a fifty day moving average price of $8.17.

Institutional Investors Weigh In On Stardust Power

An institutional investor recently bought a new position in Stardust Power stock. Geode Capital Management LLC bought a new position in shares of Stardust Power Inc. (NASDAQ:SDST) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 108,459 shares of the company’s stock, valued at approximately $883,000. Geode Capital Management LLC owned about 0.23% of Stardust Power at the end of the most recent quarter. Hedge funds and other institutional investors own 32.79% of the company’s stock.

Stardust Power Company Profile

Stardust Power Inc is a vertically-integrated lithium refinery that engages in producing battery-grade lithium. The company was founded in 2022 and is based in Greenwich, Connecticut.