Fusemachines (NASDAQ:FUSE) Shares Up 0.5% – Here’s What Happened

Posted by George Bondi on Jul 11th, 2026

Fusemachines Inc. (NASDAQ:FUSE – Get Free Report) shot up 0.5% during trading on Friday . The stock traded as high as $1.0299 and last traded at $0.99. Approximately 13,283 shares changed hands during trading, a decline of 80% from the average session volume of 65,971 shares. The stock had previously closed at $0.9850.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Fusemachines from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Fusemachines has an average rating of “Sell”.

View Our Latest Report on Fusemachines

Fusemachines Trading Up 0.5%

The stock has a market cap of $28.65 million, a P/E ratio of -33.00 and a beta of 0.87. The business’s 50 day moving average is $1.26.

Fusemachines (NASDAQ:FUSE – Get Free Report) last announced its earnings results on Friday, May 15th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $1.88 million for the quarter.

Institutional Trading of Fusemachines

Institutional investors have recently modified their holdings of the business. Calamos Advisors LLC acquired a new stake in shares of Fusemachines in the fourth quarter worth approximately $124,000. MMCAP International Inc. SPC acquired a new stake in shares of Fusemachines during the 4th quarter worth $58,000. Geode Capital Management LLC acquired a new position in Fusemachines in the fourth quarter valued at $116,000. Alberta Investment Management Corp purchased a new stake in Fusemachines during the fourth quarter valued at about $78,000. Finally, Meteora Capital LLC increased its stake in Fusemachines by 22.0% during the fourth quarter. Meteora Capital LLC now owns 1,088,350 shares of the company’s stock worth $1,796,000 after acquiring an additional 196,420 shares during the last quarter. 46.80% of the stock is currently owned by hedge funds and other institutional investors.

Fusemachines Company Profile

(Get Free Report)

Fusemachines (NASDAQ: FUSE) is a technology company that develops and delivers artificial intelligence solutions and talent services for enterprises. The company provides AI engineering, model development, and deployment services to help organizations integrate machine learning and automation into business processes. Fusemachines also offers training and workforce development programs designed to build in-house AI capabilities and supply skilled practitioners to enterprise clients.

Founded by Sameer Maskey, Fusemachines has positioned itself as both a provider of AI technology and an educator aimed at expanding the pool of qualified AI professionals.