CSLM Acquisition (NASDAQ:SPWR) Announces Earnings Results

CSLM Acquisition (NASDAQ:SPWR - Get Free Report) issued its quarterly earnings data on Friday. The company reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.07), Zacks reports. CSLM Acquisition had a negative return on equity of 0.35% and a negative net margin of 18.51%.Get CSLM Acquisition alerts:CSLM Acquisition Trading Up 0.3%3 High-Risk, High-Reward Micro-Cap Stocks You Shouldn't IgnoreCSLM Acquisition stock traded up $0.01 during midday trading on Friday, reaching $1.75. 402,447 shares of the stock traded hands, compared to its average volume of 1,128,558. The firm has a market cap of $145.03 million, a PE ratio of -2.49 and a beta of 0.80. The company has a 50-day simple moving average of $1.71 and a two-hundred day simple moving average of $1.70. CSLM Acquisition has a 12-month low of $1.19 and a 12-month high of $2.50. Insider Activity at CSLM AcquisitionIn other news, Director Adam Gishen sold 20,000 shares of the company's stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $2.04, for a total transaction of $40,800.00. Following the sale, the director owned 99,999 shares of the company's stock, valued at approximately $203,997.96. This represents a 16.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 32.30% of the company's stock. Wall Street Analysts Forecast GrowthIs This Solar Stock Ready for a Comeback? Key Milestones AheadSPWR has been the topic of a number of research reports. Northland Securities raised their target price on shares of CSLM Acquisition from $3.00 to $5.40 and gave the stock an "outperform" rating in a research note on Friday, September 26th. Northland Capmk upgraded CSLM Acquisition to a "strong-buy" rating in a report on Monday, September 8th. Weiss Ratings reissued a "sell (d-)" rating on shares of CSLM Acquisition in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of CSLM Acquisition from a "sell" rating to a "hold" rating in a report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $5.40.Check Out Our Latest Stock Analysis on SPWRCSLM Acquisition Company Profile (Get Free Report)Complete Solaria, Senti, and POET: 3 High Volume Penny StocksComplete 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. Featured ArticlesFive stocks we like better than CSLM AcquisitionWhat is an Earnings Surprise? Nike Beats on Earnings but Struggles in China and Faces TariffsWhat is a buyback in stocks? A comprehensive guide for investorsIs the AI Boom a Bubble? These 2 Dividend Stocks Say NoWhat is the Australian Securities Exchange (ASX) 4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and MoreThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in CSLM Acquisition Right Now?Before you consider CSLM Acquisition, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CSLM Acquisition wasn't on the list.While CSLM Acquisition currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here