CSLM Acquisition (SPWR) Projected to Post Earnings on Tuesday

CSLM Acquisition (NASDAQ:SPWR) is expected to be issuing its results before the market opens on Tuesday, July 28th. Analysts expect CSLM Acquisition to post earnings of ($0.1050) per share and revenue of $76.00 million for the quarter.

CSLM Acquisition Price Performance

Shares of NASDAQ SPWR opened at $0.48 on Monday. The stock has a market capitalization of $70.46 million, a price-to-earnings ratio of -1.02 and a beta of 0.65. The stock’s fifty day simple moving average is $0.79 and its 200 day simple moving average is $1.16. CSLM Acquisition has a 52-week low of $0.47 and a 52-week high of $2.27.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SPWR. Weiss Ratings lowered CSLM Acquisition from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, April 29th. Wall Street Zen raised shares of CSLM Acquisition from a “sell” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, CSLM Acquisition presently has an average rating of “Hold” and an average target price of $5.40.

About CSLM Acquisition

Complete Solaria, Inc engages in the provision of solar services. It offers sales enablement, project management, partner coordination, and customer communication. The company is headquartered in San Ramon, CA and does business as SunPower Corporation.