FY2025 EPS Forecast for CSLM Acquisition Cut by Analyst

CSLM Acquisition Corp. (NASDAQ:SPWR - Free Report) - Stock analysts at Cantor Fitzgerald dropped their FY2025 earnings per share estimates for CSLM Acquisition in a research report issued to clients and investors on Thursday, July 10th. Cantor Fitzgerald analyst D. Soderberg now expects that the company will post earnings per share of $0.03 for the year, down from their prior forecast of $0.08. Cantor Fitzgerald also issued estimates for CSLM Acquisition's FY2026 earnings at $0.16 EPS.

A number of other analysts have also commented on SPWR. Janney Montgomery Scott lowered CSLM Acquisition from a "buy" rating to a "neutral" rating in a research report on Thursday, March 13th. Wall Street Zen lowered CSLM Acquisition from a "buy" rating to a "hold" rating in a research report on Thursday, June 5th.

CSLM Acquisition Trading Down 3.2%

Shares of SPWR stock opened at $1.79 on Friday. The stock has a 50-day moving average price of $1.72 and a 200 day moving average price of $1.72. CSLM Acquisition has a 12 month low of $1.06 and a 12 month high of $3.37.

Insider Activity at CSLM Acquisition

In related news, CEO Thurman J. Rodgers purchased 606,000 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was bought at an average cost of $1.68 per share, with a total value of $1,018,080.00. Following the purchase, the chief executive officer directly owned 463,589 shares in the company, valued at $778,829.52. The trade was a -425.53% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 32.30% of the stock is currently owned by company insiders.

Institutional Trading of CSLM Acquisition

A number of institutional investors and hedge funds have recently modified their holdings of the stock. OMERS ADMINISTRATION Corp bought a new stake in shares of CSLM Acquisition in the 4th quarter valued at about $250,000. Millennium Management LLC increased its stake in shares of CSLM Acquisition by 173.1% in the 4th quarter. Millennium Management LLC now owns 27,497 shares of the company's stock valued at $49,000 after acquiring an additional 17,429 shares during the last quarter. Bridgeway Capital Management LLC increased its stake in shares of CSLM Acquisition by 108.5% in the 4th quarter. Bridgeway Capital Management LLC now owns 134,500 shares of the company's stock valued at $241,000 after acquiring an additional 70,000 shares during the last quarter. Alyeska Investment Group L.P. increased its stake in shares of CSLM Acquisition by 1,538.7% in the 4th quarter. Alyeska Investment Group L.P. now owns 219,080 shares of the company's stock valued at $392,000 after acquiring an additional 205,711 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new stake in shares of CSLM Acquisition in the 4th quarter valued at about $512,000. 47.36% of the stock is owned by institutional investors.

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.

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