Complete Solaria Inc (SPWR)’s Stock Price Falls Due To Weak Fundamental Momentum

Complete Solaria Inc (NASDAQ:SPWR) has a beta value of 0.68 and has seen 1.09 million shares traded in the last trading session. The company, currently valued at $131.65M, closed the last trade at $1.64 per share which meant it lost -$0.08 on the day or -4.65%% during that session. The SPWR stock price is -105.49% off its 52-week high price of $3.37 and 35.37% above the 52-week low of $1.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.26 million shares traded. The 3-month trading volume is 886.47K shares.

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 -4.65%% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SPWR stock price touched $1.64 or saw a rise of 17.59%. Year-to-date, Complete Solaria Inc shares have moved 7.19%, while the 5-day performance has seen it change -14.58%. Over the past 30 days, the shares of Complete Solaria Inc (NASDAQ:SPWR) have changed -4.09%. Short interest in the company has seen 6.19 million shares shorted with days to cover at 6.91.

Wall Street analysts have a consensus price target for the stock at $17.5, which means that the shares’ value could jump 90.63% from current levels. 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 current price level is -1607.32% off the targeted high while a plunge would see the stock gain -82.93% from current levels.

Complete Solaria Inc (SPWR) estimates and forecasts

The company’s shares have gained 0.61% over the past 6 months.

SPWR Dividends

Complete Solaria Inc is expected to release its next earnings report on 2025-May-19 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

Insiders own 23.90% of the company shares, while shares held by institutions stand at 15.96% with a share float percentage of 20.98%. Investors are also buoyed by the number of investors in a company, with Complete Solaria Inc having a total of 38.0 institutions that hold shares in the company. 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.

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