Stardust Power (SDST) AI Stock Analysis

• Market Cap: $30.11M
• Dividend Yield: N/A
• Average Volume (3M): 444.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.12
• Revenue Growth: N/A
• EPS Growth: -12310.81%
• Country: US
• Employees: 8
• Sector: Financial
• Sector Strength: 87
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.07
• Shares Outstanding: 60,160,824
• 10 Day Avg. Volume: 843,265
• 30 Day Avg. Volume: 444,367
• PEG Ratio: 0.24
• Price to Book (P/B): -1.68
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.79
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $2.15
• Price Target Upside: 330.00% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

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.

Positive Factors

Market Demand

The US Department of Interior and the Department of Energy include lithium on their critical minerals list, highlighting its importance and potential market demand.

Strategic Growth

SDST completed a merger with the special purpose acquisition company Global Partner Acquisition Corp II, indicating strategic growth.

Strategic Partnerships

Stardust Power has land and partnerships to strengthen the U.S. supply chain by building a U.S. refinery in Oklahoma for lithium brine projects.

Negative Factors

Capital Raising

Stardust is anticipated to next raise capital in the second half of 2025 due to a forecasted cash burn.

Financial Performance

SDST reported a cash burn of $3.1M in 4Q24, which was higher than the forecasted $1.7M, reflecting increased expenses.

Revenue Forecast

Stardust is pre-revenue, and initial revenue is forecasted to begin in 2027.

Stardust Power Business Overview & Revenue Model

Company Description

Stardust Power (SDST) is an innovative energy company that specializes in harnessing renewable energy sources, with a focus on solar and wind power solutions. The company operates in the clean energy sector, providing cutting-edge technology and services aimed at promoting sustainable energy use. Stardust Power's core products include solar panels, wind turbines, and integrated energy management systems designed to optimize energy efficiency for both residential and commercial clients.

How the Company Makes Money

Stardust Power generates revenue primarily through the sale and installation of its solar panels and wind turbines. Additionally, the company offers energy management systems and maintenance services, creating a recurring revenue stream from service contracts. Key partnerships with utility companies and government agencies also play a significant role in the company's earnings, as they facilitate large-scale renewable energy projects and provide access to subsidies and incentives for clean energy adoption.

Stardust Power Financial Statement Overview

Summary

Stardust Power faces severe financial challenges, characterized by lack of revenue, profitability issues, and cash flow deficits. The company appears to be undergoing financial distress, requiring strategic restructuring to improve its financial health.

Income Statement

Stardust Power's income statement reveals a challenging scenario with zero revenue and consistent negative EBIT and EBITDA over recent periods, leading to negative net income. The absence of revenue growth and profitability indicates significant business model challenges.

Balance Sheet

The balance sheet shows high liabilities and negative equity in the TTM data, indicating financial instability. The debt-to-equity ratio is uncalculable due to negative equity. Previous years show significant equity, suggesting recent financial distress.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, highlighting cash management issues. The substantial financing cash flow suggests reliance on external funding to sustain operations, which poses risks if not managed prudently.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021
Income Statement		Total Revenue
0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00
	EBIT
-16.07M	-3.21M	-1.98M	-3.60M
	EBITDA
-17.18M	-3.21M	-1.98M	-3.60M
	Net Income Common Stockholders
-15.84M	-4.55M	15.07M	4.71M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.41M	―	101.00K	842.00K
	Total Assets
301.84M	43.74M	304.78M	301.10M
	Total Debt
0.00	―	785.00K	0.00
	Net Debt
-1.41M	―	684.00K	-842.00K
	Total Liabilities
27.05M	18.71M	14.84M	26.23M
	Stockholders Equity
274.80M	25.03M	289.94M	274.87M
Cash Flow		Free Cash Flow
-8.58M	―	-1.53M	-1.04M
	Operating Cash Flow
-8.62M	―	-1.53M	-1.04M
	Investing Cash Flow
-1.88M	―	0.00	-300.00M
	Financing Cash Flow
29.73M	―	785.00K	301.87M

Stardust Power Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SDST, the sentiment is Negative. The current price of 0.5 is below the 20-day moving average (MA) of 0.54, below the 50-day MA of 0.58, and below the 200-day MA of 5.18, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 40.41 is Neutral, neither overbought nor oversold. The STOCH value of 61.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SDST.

Stardust Power Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.60B	9.73	7.92%	16985.68%	12.21%	-5.61%
SVT	55 Neutral	$26.78M	191.79	-4.18%	―	2.57%	83.28%
OESX	54 Neutral	$22.23M	―	-41.45%	―	-0.63%	60.93%
IPWR	47 Neutral	$43.53M	―	-74.64%	―	-56.74%	19.32%
GWH	36 Underperform	$27.23M	―	-130.40%	―	-16.51%	0.19%
SDST	26 Underperform	$30.11M	―	-860.70%	―	―	-12310.81%

Stardust Power Corporate Events

Stardust Power Induces Warrant Exercise for $3 Million

On March 16, 2025, Stardust Power Inc. entered into an agreement with a warrant holder to induce the immediate exercise of existing stock purchase warrants at a reduced price. This agreement allows the holder to purchase 4,792,000 shares at $0.62 per share, down from the original $1.30, and in return, the company will issue new warrants for 9,584,000 shares. The transaction is expected to close on March 18, 2025, bringing in approximately $3 million in proceeds, which will be used for working capital and general corporate purposes. The company has committed to filing a registration statement for the resale of the new warrant shares and has placed restrictions on issuing new shares or entering variable rate transactions for a specified period post-closing. Additionally, Paramita Das will no longer serve as an executive officer following internal restructuring.