In the last trading session, 8.01 million Complete Solaria Inc (NASDAQ:SPWR) shares changed hands as the company’s beta touched 0.74. With the company’s per share price at $1.73 changed hands at -$0.03 or -1.70% during last session, the market valuation stood at $138.87M. SPWR’s last price was a discount, traded about -94.8% off its 52-week high of $3.37. The share price had its 52-week low at $1.06, which suggests the last value was 38.73% up since then. When we look at Complete Solaria Inc’s average trading volume, we note the 10-day average is 2.1 million shares, with the 3-month average coming to 936.41K.
Analysts gave the Complete Solaria Inc (SPWR) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 3 out of 21 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 11 recommended SPWR as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight.
Complete Solaria Inc (NASDAQ:SPWR) trade information
Instantly SPWR was in red as seen at the end of in last trading. With action 0.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 26.28%, with the 5-day performance at 0.58% in the green. However, in the 30-day time frame, Complete Solaria Inc (NASDAQ:SPWR) is 34.11% up. Looking at the short shares, we see there were 6.29 million shares sold at short interest cover period of 5.32 days.
The consensus price target for the stock as assigned by Wall Street analysts is 17.5, meaning bulls need an upside of 90.11% from its current market value. According to analyst projections, SPWR’s forecast low is 3 with 28 as the target high. To hit the forecast high, the stock’s price needs a -1518.5% plunge from its current level, while the stock would need to soar -73.41% for it to hit the projected low.
The 2025 estimates are for Complete Solaria Inc earnings to increase by 114.68%.
SPWR Dividends
Complete Solaria Inc is expected to release its next quarterly earnings report on 2025-May-19.
Complete Solaria Inc (NASDAQ:SPWR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 23.90% of Complete Solaria Inc shares while 15.96% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 20.98%. There are 15.96% institutions holding the Complete Solaria Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 9.5398% of the shares, roughly 16.73 million SPWR shares worth $49.52 million.
INVESCO LTD. holds the second largest percentage of outstanding shares, with 3.7789% or 6.63 million shares worth $19.61 million as of 2024-06-30.
