Wallbox N.V. (NYSE:WBX) Given Average Rating of “Hold” by Analysts

Wallbox N.V. (NYSE:WBX) has earned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $9.00.

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

Wallbox Price Performance

Shares of WBX opened at $2.76 on Friday. Wallbox has a one year low of $2.72 and a one year high of $14.40. The stock has a 50-day moving average of $3.69 and a 200-day moving average of $4.74. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.52 and a current ratio of 0.89.

Wallbox (NYSE:WBX) last announced its quarterly earnings results on Wednesday, November 5th. The company reported ($0.07) earnings per share (EPS) 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.