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

CSLM Acquisition (NASDAQ:SPWR) is projected to announce 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 Stock Up 8.9%

NASDAQ SPWR opened at $0.66 on Wednesday. The firm’s 50 day moving average is $0.82 and its 200-day moving average is $1.18. The company has a market capitalization of $96.62 million, a PE ratio of -1.41 and a beta of 0.65. CSLM Acquisition has a 12-month low of $0.58 and a 12-month high of $2.27.

Wall Street Analysts Forecast Growth

SPWR has been the subject of a number of analyst reports. Weiss Ratings downgraded shares of CSLM Acquisition from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, April 29th. Wall Street Zen cut shares of CSLM Acquisition from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently 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.