CSLM Acquisition (SPWR) Expected to Announce Quarterly Earnings on Tuesday

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

CSLM Acquisition Trading Down 3.7%

Shares of CSLM Acquisition stock opened at $0.48 on Friday. CSLM Acquisition has a 1 year low of $0.47 and a 1 year high of $2.27. The company’s fifty day simple moving average is $0.79 and its 200-day simple moving average is $1.16. The company has a market cap of $70.46 million, a price-to-earnings ratio of -1.02 and a beta of 0.65.

Analysts Set New Price Targets

SPWR has been the subject of a number of research reports. Wall Street Zen raised shares of CSLM Acquisition from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings lowered shares of CSLM Acquisition from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, CSLM Acquisition has a consensus rating of “Hold” and a consensus price target of $5.40.

CSLM Acquisition Company Profile

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.