Cantor Fitzgerald Has Negative View of SPWR FY2025 Earnings

CSLM Acquisition Corp. (NASDAQ:SPWR) – Investment analysts at Cantor Fitzgerald reduced their FY2025 earnings estimates for shares of CSLM Acquisition in a research report issued to clients and investors on Thursday, July 10th. Cantor Fitzgerald analyst D. Soderberg now expects that the company will post earnings of $0.03 per share for the year, down from their prior estimate of $0.08. Cantor Fitzgerald also issued estimates for CSLM Acquisition’s FY2026 earnings at $0.16 EPS.

Separately, Wall Street Zen downgraded shares of CSLM Acquisition from a “buy” rating to a “hold” rating in a report on Thursday, June 5th.

CSLM Acquisition Stock Performance

Shares of CSLM Acquisition stock opened at $1.67 on Friday. The company has a fifty day simple moving average of $1.73 and a 200-day simple moving average of $1.72. CSLM Acquisition has a 12-month low of $1.06 and a 12-month high of $3.37.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC acquired a new position in CSLM Acquisition in the fourth quarter worth approximately $512,000. Diametric Capital LP grew its holdings in shares of CSLM Acquisition by 35.8% in the 4th quarter. Diametric Capital LP now owns 229,912 shares of the company’s stock worth $412,000 after acquiring an additional 60,600 shares during the last quarter. Alyeska Investment Group L.P. grew its holdings in shares of CSLM Acquisition by 1,538.7% in the 4th quarter. Alyeska Investment Group L.P. now owns 219,080 shares of the company’s stock worth $392,000 after acquiring an additional 205,711 shares during the last quarter. OMERS ADMINISTRATION Corp acquired a new position in shares of CSLM Acquisition in the 4th quarter worth $250,000. Finally, Bridgeway Capital Management LLC grew its holdings in shares of CSLM Acquisition by 108.5% in the 4th quarter. Bridgeway Capital Management LLC now owns 134,500 shares of the company’s stock worth $241,000 after acquiring an additional 70,000 shares during the last quarter. 47.36% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Thurman J. Rodgers purchased 606,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was acquired at an average price of $1.68 per share, for a total transaction of $1,018,080.00. Following the completion of the purchase, the chief executive officer owned 463,589 shares in the company, valued at approximately $778,829.52. This represents a -425.53% increase 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. 32.30% of the stock is owned by corporate insiders.

CSLM Acquisition Company Profile

Complete 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.