Stardust Power (NASDAQ:SDST) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Posted by Stanley Muller on Aug 13th, 2026

Stardust Power (NASDAQ:SDST – Get Free Report) issued its earnings results on Thursday. The company reported ($0.35) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.04, FiscalAI reports.

Stardust Power Stock Performance

Stardust Power stock traded up $0.01 during trading on Thursday, reaching $0.68. 244,504 shares of the company’s stock were exchanged, compared to its average volume of 465,925. The company’s 50-day moving average is $1.50 and its two-hundred day moving average is $2.44. Stardust Power has a 52-week low of $0.50 and a 52-week high of $7.67. The firm has a market cap of $7.19 million, a price-to-earnings ratio of -0.34 and a beta of 0.60.

Insider Buying and Selling at Stardust Power

In other news, CFO Udaychandra Devasper sold 35,776 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $2.03, for a total value of $72,625.28. Following the completion of the sale, the chief financial officer owned 121,611 shares of the company’s stock, valued at $246,870.33. This represents a 22.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Chris Edward Celano sold 25,975 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $2.05, for a total value of $53,248.75. Following the completion of the sale, the chief operating officer directly owned 102,383 shares of the company’s stock, valued at $209,885.15. The trade was a 20.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 169,233 shares of company stock valued at $358,988 over the last three months. 34.51% of the stock is owned by company insiders.

Hedge Funds Weigh In On Stardust Power

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC grew its position in Stardust Power by 40.3% in the fourth quarter. Geode Capital Management LLC now owns 59,143 shares of the company’s stock valued at $181,000 after acquiring an additional 16,989 shares in the last quarter. Price T Rowe Associates Inc. MD acquired a new position in shares of Stardust Power during the fourth quarter worth $69,000. Finally, State Street Corp acquired a new position in shares of Stardust Power during the fourth quarter worth $44,000. 32.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

SDST has been the subject of several research analyst reports. Wall Street Zen lowered Stardust Power from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Stardust Power in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Check Out Our Latest Research Report on SDST

About Stardust Power

(Get Free Report)

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.