Wallbox N.V. (NYSE:WBX) Receives $9.00 Average Target Price from Analysts

Shares of Wallbox N.V. (NYSE:WBX) have received an average rating of “Hold” from the six research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $9.00.

Several equities analysts have recently issued reports on WBX shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Wallbox in a research report on Wednesday, October 8th. UBS Group set a $4.00 price objective on Wallbox and gave the stock a “neutral” rating in a report on Thursday, December 4th. Finally, Canaccord Genuity Group lowered their target price on shares of Wallbox from $9.00 to $5.00 and set a “buy” rating on the stock in a research report on Monday, November 10th.

Wallbox Stock Performance

NYSE WBX opened at $3.04 on Thursday. The company has a current ratio of 0.89, a quick ratio of 0.52 and a debt-to-equity ratio of 2.21. The business’s 50 day moving average is $3.10 and its two-hundred day moving average is $4.36. Wallbox has a 12-month low of $2.30 and a 12-month high of $12.30.

Wallbox (NYSE:WBX) last released its quarterly earnings results on Wednesday, November 5th. The company reported ($0.07) earnings per share for the quarter. The business had revenue of $41.64 million during the quarter.

About Wallbox

Wallbox is a global provider of electric vehicle (EV) charging solutions, offering hardware and software designed to simplify and optimize the charging experience for residential, commercial and public applications. The company’s product lineup includes smart home chargers, DC fast chargers for fleet and commercial use, and energy management systems that integrate with solar panels and battery storage. Through its myWallbox software platform, users can remotely monitor and control charging sessions, track energy consumption and set custom charging schedules.

Headquartered in Barcelona, Spain, Wallbox has expanded its operations across Europe, North America, Asia and Australia, establishing regional offices and service centers to support customers and channel partners.