CSLM Acquisition Corp. (SPWR) closed at $1.65, down 1.2% from the previous day, underperforming the S&P 500. The stock has fallen 13.02% in the past month. Analysts predict earnings of $0.03 per share and revenue of $341 million for the fiscal year, with a Zacks Rank of #4 (Sell).
The Solar industry, where CSLM Acquisition Corp. operates, is in the top 27% of all industries, with a Forward P/E ratio of 55.67. Investors should monitor any revisions to analyst forecasts as they impact stock price performance. The Zacks Rank has a proven track record of success, with stocks at #1 delivering a +25% annual return since 1988.
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For more information and stock analysis on CSLM Acquisition Corp. (SPWR), visit Zacks Investment Research. Remember to track stock-moving metrics and industry rankings to make informed investment decisions.
Read more at Nasdaq: CSLM Acquisition Corp. (SPWR) Stock Dips While Market Gains: Key Facts