CSLM Acquisition (NASDAQ:SPWR) Upgraded by Northland Capmk to Strong-Buy Rating

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 investment analysts at Northland Capmk to a "strong-buy" rating in a report 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 equities analysts have also recently commented on SPWR. Northland Securities began coverage on CSLM Acquisition in a report on Monday, September 8th. They set an "outperform" rating and a $3.00 price target for the company. Wall Street Zen cut CSLM Acquisition from a "buy" rating to a "hold" rating in a report on Thursday, June 5th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $4.50.

CSLM Acquisition Price Performance

Shares of CSLM Acquisition stock traded down $0.01 during trading on Monday, reaching $1.54. 354,458 shares of the company's stock were exchanged, compared to its average volume of 503,128. CSLM Acquisition has a 1-year low of $1.19 and a 1-year high of $3.37. The firm's 50-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 posted its quarterly earnings results on Wednesday, August 13th. The company reported ($0.28) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.29). CSLM Acquisition had a negative return on equity of 0.35% and a negative net margin of 18.51%.The business had revenue of $67.52 million for the quarter, compared to analyst estimates of $52.26 million.

Hedge Funds Weigh In On CSLM Acquisition

Institutional investors and hedge funds have recently bought and sold shares of the company. Millennium Management LLC increased its holdings in CSLM Acquisition by 173.1% in the 4th quarter. Millennium Management LLC now owns 27,497 shares of the company's stock worth $49,000 after purchasing an additional 17,429 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new position in CSLM Acquisition in the 4th quarter worth about $250,000. Finally, Bridgeway Capital Management LLC increased its holdings in CSLM Acquisition by 108.5% in the 4th quarter. Bridgeway Capital Management LLC now owns 134,500 shares of the company's stock worth $241,000 after purchasing an additional 70,000 shares in the last quarter. Institutional investors and hedge funds own 47.36% of the company's stock.

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.