CSLM Acquisition (NASDAQ:SPWR) Upgraded to "Strong-Buy" at Northland Capmk

Key Points

• Research analysts at Northland Capital Markets have upgraded CSLM Acquisition (NASDAQ: SPWR) to a "strong-buy" rating, indicating positive sentiment towards the stock.
• Despite recent upgrades, CSLM Acquisition has mixed ratings from analysts, with one strong buy, two buys, and one hold, along with an average target price of $4.50.
• CSLM Acquisition reported a negative earnings per share of ($0.28) for the last quarter, which was significantly below analysts' expectations of $0.01, though revenue surpassed estimates.

CSLM Acquisition (NASDAQ:SPWR - Get Free Report) was upgraded by equities researchers at Northland Capmk to a "strong-buy" rating in a research note issued on Monday,Zacks.com reports. Northland Capmk also issued estimates for CSLM Acquisition's Q3 2025 earnings at ($0.12) EPS, Q4 2025 earnings at ($0.13) EPS, FY2025 earnings at ($0.42) EPS, Q1 2026 earnings at ($0.07) EPS, Q2 2026 earnings at ($0.07) EPS, Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.05) EPS and FY2026 earnings at ($0.25) EPS.

A number of other research firms have also recently issued reports on SPWR. Wall Street Zen cut shares of CSLM Acquisition from a "buy" rating to a "hold" rating in a research note on Thursday, June 5th. Northland Securities started coverage on CSLM Acquisition in a report on Monday, September 8th. They issued an "outperform" rating and a $3.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $4.50.

CSLM Acquisition Stock Performance

CSLM Acquisition stock traded down $0.01 during midday trading on Monday, hitting $1.54. 354,458 shares of the company were exchanged, compared to its average volume of 558,488. CSLM Acquisition has a fifty-two week low of $1.19 and a fifty-two week high of $3.37. The company's fifty day moving average price is $1.63 and its 200-day moving average price is $1.65.

CSLM Acquisition (NASDAQ:SPWR - Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The company reported ($0.28) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.29). The company had revenue of $67.52 million for the quarter, compared to analyst estimates of $52.26 million. CSLM Acquisition had a negative return on equity of 0.35% and a negative net margin of 18.51%.

Hedge Funds Weigh In On CSLM Acquisition

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. OMERS ADMINISTRATION Corp bought a new stake in shares of CSLM Acquisition during the 4th quarter worth about $250,000. Bridgeway Capital Management LLC increased its stake in CSLM Acquisition by 108.5% in the fourth 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. Finally, Millennium Management LLC boosted 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 purchasing an additional 17,429 shares in the last quarter. Institutional investors own 47.36% of the company's stock.

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.