Complete Solaria Inc (NASDAQ: SPWR) Surprises Bears With Its Outlook.

In the last trading session, 1.0 million shares of the Complete Solaria Inc (NASDAQ:SPWR) were traded, and its beta was 0.73. Most recently the company’s share price was $1.30, and it changed around -$0.08 or -5.80% from the last close, which brings the market valuation of the company to $104.36M. SPWR currently trades at a discount to its 52-week high of $3.37, offering almost -159.23% off that amount. The share price’s 52-week low was $1.06, which indicates that the current value has risen by an impressive 18.46% since then. We note from Complete Solaria Inc’s average daily trading volume that its 10-day average is 1.12 million shares, with the 3-month average coming to 592.80K.

Complete Solaria Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended SPWR as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

Complete Solaria Inc (NASDAQ:SPWR) trade information

Instantly SPWR has showed a red trend with a performance of -5.80% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.8491 on recent trading dayincreased the stock’s daily price by 29.7%. The company’s shares are currently down -27.37% year-to-date, but still down -33.33% over the last five days. On the other hand, Complete Solaria Inc (NASDAQ:SPWR) is -34.34% down in the 30-day period. We can see from the shorts that 5.17 million shares have been sold at a short interest cover period of 7.85 day(s).

The consensus price target as assigned by Wall Street analysts is $17.5, which translates to bulls needing to increase their stock price by 92.57% from its current value. Analyst projections state that SPWR is forecast to be at a low of $3 and a high of $28.

SPWR Dividends

Complete Solaria Inc’s next quarterly earnings report is expected to be released on 2025-May-18.

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

Upon looking at major shareholders, it appears that insiders hold 23.96% of Complete Solaria Inc shares, and 15.96% of them are in the hands of institutional investors. The stock currently has a share float of 20.99%. Complete Solaria Inc stock is held by 38.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 9.5398% of the shares, which is about 16.73 million shares worth $49.52 million.

INVESCO LTD., with 3.7789% or 6.63 million shares worth $19.61 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.51 shares worth $1.96 million, making up 1.88% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 354.35 shares worth around $0.46 million, which represents about 0.44% of the total shares outstanding.

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