Q1 EPS Estimates for Stardust Power Boosted by Roth Capital

Stardust Power Inc. (NASDAQ:SDST) – Investment analysts at Roth Capital upped their Q1 2025 earnings per share (EPS) estimates for shares of Stardust Power in a research note issued on Wednesday, April 2nd. Roth Capital analyst J. Reagor now forecasts that the company will post earnings per share of ($0.03) for the quarter, up from their previous forecast of ($0.04). 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 Q1 2025 earnings at ($0.03) EPS, Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.04) EPS, Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.15) EPS, FY2025 earnings at ($0.15) EPS, FY2026 earnings at ($0.19) EPS, FY2026 earnings at ($0.19) EPS, FY2027 earnings at ($0.12) EPS, FY2028 earnings at $0.14 EPS, FY2028 earnings at $0.14 EPS and FY2029 earnings at $0.20 EPS.

Stardust Power (NASDAQ:SDST) last posted its earnings results on Thursday, March 27th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.14).

Other analysts have also recently issued reports about the stock. Roth Mkm restated a “buy” rating and set a $1.70 target price (down from $4.00) on shares of Stardust Power in a research report on Wednesday. Alliance Global Partners assumed coverage on Stardust Power in a research note on Thursday, February 6th. They set a “buy” rating and a $5.00 price objective on the stock. Finally, Maxim Group initiated coverage on Stardust Power in a research note on Thursday, February 27th. They issued a “buy” rating and a $1.75 price objective for the company. Three investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Stardust Power presently has a consensus rating of “Buy” and an average target price of $5.11.

Stardust Power Trading Up 0.1 %

SDST stock opened at $0.51 on Friday. Stardust Power has a 52 week low of $0.41 and a 52 week high of $28.38. The company has a fifty day simple moving average of $0.73 and a two-hundred day simple moving average of $4.43.

Insider Buying and Selling

In related news, CFO Udaychandra Devasper sold 38,943 shares of the business’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $0.68, for a total transaction of $26,481.24. Following the completion of the transaction, the chief financial officer now owns 161,326 shares in the company, valued at $109,701.68. The trade was a 19.45 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 185,582 shares of company stock valued at $117,486. Company insiders own 65.61% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Stardust Power stock. Geode Capital Management LLC acquired a new position in Stardust Power Inc. (NASDAQ:SDST) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 108,459 shares of the company’s stock, valued at approximately $883,000. Geode Capital Management LLC owned 0.23% of Stardust Power at the end of the most recent reporting period. Institutional investors own 32.79% of the company’s stock.

About Stardust Power

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.