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Stardust Power ( (SDST) ) just unveiled an update.
On November 3, 2025, Stardust Power Inc. announced a non-binding letter of intent with Mandrake Resources Limited to supply 7,500 metric tons per annum of lithium carbonate equivalent in the form of lithium chloride from Mandrake’s Utah Lithium Project. This agreement, subject to a definitive purchase agreement, aims to strengthen Stardust Power’s U.S. lithium supply chain and support its operations at the Muskogee, Oklahoma site. The strategic alignment with Mandrake’s project, which benefits from existing infrastructure and regulatory support, enhances Stardust Power’s position as a central hub for domestic lithium supply, reducing development risk and improving financing options.
The most recent analyst rating on (SDST) stock is a Buy with a $11.00 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 Underperform.
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.
To see Spark’s full report on SDST stock, click here.
More about Stardust Power
Stardust Power Inc. is an American company that develops battery-grade lithium carbonate, aiming to enhance energy security in the U.S. by establishing resilient supply chains. The company is constructing a lithium refinery in Muskogee, Oklahoma, with a production capacity of up to 50,000 metric tons annually. Stardust Power is committed to sustainability and trades on Nasdaq under the ticker ‘SDST.’
Average Trading Volume: 330,695
Technical Sentiment Signal: Sell
Current Market Cap: $37.22M
Find detailed analytics on SDST stock on TipRanks’ Stock Analysis page.