As previously reported, Janney Montgomery Scott downgraded Complete Solaria (CSLR) to Neutral from Buy with a fair value estimate of $2, down from $4. Residential solar will be challenged over the next several quarters, even absent statutory changes in California, says the analyst, who models Complete Solaria keeping revenue mostly flat throughout the year at about $80M per quarter and then increasing “slightly” in 2026. The firm thinks EBITDA and free cash flow breakevens are “likely 2026 events,” but notes that it does not model the company needing to raise capital before then.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSLR:
- Complete Solaria downgraded to Neutral from Buy at Janney Montgomery Scott
- Complete Solaria’s Earnings Call: Growth Amid Challenges
- Complete Solaria Expands Board Amid Successful Q4 2024
- Complete Solaria Reports Strong Q4 Growth and SunPower Integration
- Complete Solaria sees Q1 revenue $82M, one estimate $90M
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue