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Stardust Power ( (SDST) ) has provided an announcement.
On June 17, 2025, Stardust Power Inc. entered into an underwriting agreement with Aegis Capital Corp. to sell 21,500,000 shares of its common stock at $0.20 per share, expecting to raise approximately $4.3 million in gross proceeds. The offering, which closed on June 18, 2025, aims to support the completion of a Definitive Feasibility Study for a proposed lithium processing facility in Oklahoma, potentially impacting the company’s operational capacity and market positioning by bolstering its supply chain capabilities.
The most recent analyst rating on (SDST) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Stardust Power stock, see the SDST Stock Forecast page.
Spark’s Take on SDST Stock
According to Spark, TipRanks’ AI Analyst, SDST is a Underperform.
Stardust Power’s stock score is significantly hindered by its poor financial performance, characterized by consistent losses, negative equity, and cash flow issues. Technical analysis adds to the negative outlook with a lack of market momentum. Valuation metrics further highlight the company’s challenges, with a negative P/E ratio and no dividend yield.
To see Spark’s full report on SDST stock, click here.
More about Stardust Power
Stardust Power Inc. is an American developer of battery-grade lithium products aimed at enhancing the United States’ energy leadership by establishing robust supply chains. The company is in the process of developing a strategically located lithium processing facility in Muskogee, Oklahoma, which is expected to produce up to 50,000 metric tons per annum of battery-grade lithium. Stardust Power is committed to sustainability throughout its processes and is publicly traded on the Nasdaq under the ticker symbol ‘SDST.’
Average Trading Volume: 1,199,914
Technical Sentiment Signal: Sell
Current Market Cap: $23.5M
For a thorough assessment of SDST stock, go to TipRanks’ Stock Analysis page.