tiprankstipranks
Advertisement
Advertisement

Stardust Power Receives Nasdaq Noncompliance Delisting Notice

Story Highlights
  • Stardust Power faces Nasdaq noncompliance, with a deadline to regain listing standards.
  • Its proposed Oklahoma lithium refinery has gained strong state support for jobs and investment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Stardust Power Receives Nasdaq Noncompliance Delisting Notice

Claim 55% Off TipRanks

The latest announcement is out from Stardust Power ( (SDST) ).

On April 24, 2026, Stardust Power Inc. disclosed that it had fallen below Nasdaq Capital Market continued listing standards, failing to meet the $35 million minimum market value of listed securities requirement for 30 consecutive business days and also not satisfying alternative equity and income thresholds. The company has until October 21, 2026, to regain compliance through any of the permitted metrics, faces potential delisting if it does not do so, and is evaluating options while its Nasdaq listing status remains unchanged for now.

Separately, Stardust Power’s proposed lithium refinery project in Oklahoma has recently attracted strong backing from both the Office of the Governor and the Oklahoma Department of Commerce. State officials highlighted Oklahoma’s position as a premier U.S. energy state and energy hub, emphasizing support for the project’s potential to bring quality jobs, capital investment and long-term economic opportunities to local communities.

The most recent analyst rating on (SDST) stock is a Buy with a $9.00 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 Neutral.

Overall score is held down primarily by very weak financial performance (no revenue, large losses, negative equity, and ongoing cash burn) and a bearish technical backdrop (below key moving averages with negative MACD). Positive but non-binding financing/supply developments provide some support, but not enough to offset the current financial and trend risk.

To see Spark’s full report on SDST stock, click here.

More about Stardust Power

Stardust Power Inc. operates in the clean energy sector, focusing on developing a proposed lithium refinery project in Oklahoma. The facility is positioned to support the energy industry by supplying refined lithium, with the state’s established role as an energy hub and favorable business climate seen as key advantages for the project’s development and local economic impact.

Average Trading Volume: 138,598

Technical Sentiment Signal: Sell

Current Market Cap: $24.39M

For detailed information about SDST stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1