Stardust Power (NASDAQ:SDST) Posts Quarterly Earnings Results

Stardust Power (NASDAQ:SDST) issued its quarterly earnings data on Wednesday. The company reported ($0.34) earnings per share (EPS) for the quarter, Zacks reports.

Here are the key takeaways from Stardust Power’s conference call:

• Completed major de‑risking milestones including completion of the FEL‑3 engineering study, an independent Black & Veatch review finding low technical/design risk, and receipt of the air quality construction permit, clearing a path toward construction.
• The company is pre‑revenue with $3.5M cash on hand and a $15.7M net loss for 2025, and management warns additional capital will be required within 12 months to fund operations and advance the refinery.
• Commercial momentum includes two supply agreements for up to 13,500 MT LCE and a planned refinery capacity of up to 50,000 MT/year, supporting domestic battery-material needs.
• Management strengthened execution and credibility through senior hires (COO, General Counsel), strategic advisors, a licensing agreement with KMX Technologies, a research partnership with Ohio State, and active federal/state stakeholder engagement to aid permitting and project financing.

Stardust Power Stock Performance

Shares of NASDAQ:SDST traded up $0.03 during trading on Thursday, reaching $2.64. The company had a trading volume of 16,287 shares, compared to its average volume of 370,386. The firm’s fifty day moving average is $3.50 and its 200 day moving average is $3.63. The firm has a market capitalization of $25.92 million, a PE ratio of -0.67 and a beta of 0.29. Stardust Power has a twelve month low of $1.42 and a twelve month high of $8.43.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Stardust Power in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Stardust Power currently has an average rating of “Moderate Buy” and a consensus price target of $17.00.

Insider Activity

In related news, insider Bruce Czachor sold 17,655 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $2.29, for a total transaction of $40,429.95. Following the sale, the insider owned 22,345 shares of the company’s stock, valued at $51,170.05. The trade was a 44.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 27,041 shares of company stock valued at $62,140 in the last ninety days. Company insiders own 55.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. State Street Corp acquired a new stake in shares of Stardust Power during the 4th quarter valued at $44,000. Geode Capital Management LLC grew its holdings in shares of Stardust Power by 40.3% in the 4th quarter. Geode Capital Management LLC now owns 59,143 shares of the company’s stock worth $181,000 after acquiring an additional 16,989 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD acquired a new position in shares of Stardust Power in the 4th quarter worth $69,000. 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.