Complete Solaria Inc (NASDAQ:SPWR) does about 719.34K shares in volume on a normal day but saw 2280915 shares change hands in the recent trading day. The company now has a market cap of 158.14M USD. Its current market price is $1.97, marking an increase of 13.22% compared to the previous close of $1.74. The 52 week high reached by this stock is $3.37 whilst the lowest price level in 52 weeks is $1.06. The script in recent trading has seen the stock touch a high of $28 and a low of $3.
21 analysts observing the Complete Solaria Inc (SPWR) stock have set the 12-month price targets for the company’s shares at between $3 and $28. The consensus objective for the share price is $4.00, suggesting that the stock has a potential upside of 50.75% over the period. The median price target is 88.74% away from the current levels at $17.5.
FactSet Research has provided data showing that 21 brokerages have issued ratings for the stock. 3 analysts have rated it as a sell, while 0 advise that it is a overweight. 7 analysts have rated it as a buy and 11 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Moderate Buy the stock.
The current price level is 17.33%, 15.82%, and 5.61% away from its SMA20, SMA50, and SMA200 respectively, with the SPWR price moving below the 50-day SMA on current market day. Complete Solaria Inc (SPWR) stock is up 41.73% over the week and 11.30% over the past month. Its price is 10.06% year-to-date and 25.48% over the past year.
Its 12-month price target is $17.5. To reach the target analysts have set, the stock logically needs to grow 50.75 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $3, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $28.
Outstanding shares total 79.92M with insiders holding 23.90% of the shares and institutional holders owning 15.96% of the company’s common stock. The company has a return on investment of -76.11% and return on equity of -2937.39%. The forward price to earnings ratio is 8.57. The beta has a value of 0.66. Price to sales ratio is 0.87.
