Complete Solaria Inc (NASDAQ: SPWR) Must Gain 88.4% To Achieve Consensus Price Target

Complete Solaria Inc (NASDAQ:SPWR) has a beta value of 0.80 and has seen 0.43 million shares traded in the recent trading session. The company, currently valued at $149.75M, closed the recent trade at $2.03 per share which meant it gained $0.4 on the day or 24.54% during that session. The SPWR stock price is -66.01% off its 52-week high price of $3.37 and 83.74% above the 52-week low of $0.33.

The consensus among analysts is that Complete Solaria Inc (SPWR) is Hold stock at the moment, with a recommendation rating of 2.00. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 11 out of 21 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight.

Complete Solaria Inc (NASDAQ:SPWR) trade information

Sporting 24.54% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SPWR stock price touched $2.03 or saw a rise of 18.8%. Year-to-date, Complete Solaria Inc shares have moved 13.41%, while the 5-day performance has seen it change 11.54%. Over the past 30 days, the shares of Complete Solaria Inc (NASDAQ:SPWR) have changed 26.09%.

Wall Street analysts have a consensus price target for the stock at $17.5, which means that the shares’ value could jump 88.4% from the levels at last check today.. The projected low price target is $3.0 while the price target rests at a high of $28.0. In that case, then, we find that the latest price level in today’s session is -1279.31% off the targeted high while a plunge would see the stock gain -47.78% from the levels at last check today..

Complete Solaria Inc (SPWR) estimates and forecasts

The company’s shares have lost -13.25% over the past 6 months.

SPWR Dividends

Complete Solaria Inc is expected to release its next earnings report on 2024-Feb-14 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Complete Solaria Inc (NASDAQ:SPWR)’s Major holders

The top two institutional holders are BLACKROCK INC. with over 16.73 million shares worth more than $49.52 million. As of 2024-06-30, BLACKROCK INC. held 9.5398% of shares outstanding.

The other major institutional holder is INVESCO LTD., with the holding of over 6.63 million shares as of 2024-06-30. The firm’s total holdings are worth over $19.61 million and represent 3.7789% of shares outstanding.