B. Riley initiated coverage on shares of Stardust Power (NASDAQ:SDST – Free Report) in a report issued on Tuesday, MarketBeat reports. The firm issued a buy rating and a $12.00 price target on the stock. B. Riley also issued estimates for Stardust Power’s Q3 2024 earnings at ($0.04) EPS, Q4 2024 earnings at ($0.04) EPS, FY2024 earnings at ($0.57) EPS, FY2025 earnings at ($0.15) EPS and FY2026 earnings at ($0.14) EPS.
Stardust Power Trading Down 1.2 %
Shares of SDST stock opened at $7.56 on Tuesday. The firm’s fifty day simple moving average is $8.83. Stardust Power has a 1 year low of $6.59 and a 1 year high of $28.38.
Stardust Power (NASDAQ:SDST – Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.24) earnings per share (EPS) for the quarter. As a group, sell-side analysts expect that Stardust Power will post -0.57 EPS for the current fiscal year.
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.
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