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Why Did Stardust Power Soar 10.2% Ahead of Earnings?
Generated by AI AgentAinvest Movers Radar
Wednesday, May 14, 2025 7:45 am ET1min read
On May 14, 2025, Stardust Power's stock surged by 10.2% in pre-market trading, reflecting a significant bullish sentiment among investors.
Stardust Power, a developer of battery-grade lithium products, is scheduled to release its Q1 2025 earnings after the market close on May 14, 2025. This earnings report is highly anticipated as it will provide insights into the company's financial performance and future prospects.
Analysts have set an average price target of $1.73 for
, which represents a 132.18% increase from the current price. The consensus rating among analysts is "Strong Buy," indicating a positive outlook for the stock.Stardust Power is making significant strides in its operations. The company is developing a strategically central lithium processing facility in Muskogee, Oklahoma, with an anticipated capacity to produce up to 50,000 metric tons of battery-grade lithium annually. This development is expected to enhance the company's production capabilities and strengthen its position in the lithium market.
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