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

Shares of Wallbox N.V. (NYSE:WBX) have earned an average rating of “Hold” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $9.00.

Several equities analysts have recently weighed in on WBX shares. Canaccord Genuity Group decreased their price target 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. UBS Group set a $4.00 price objective on shares of Wallbox and gave the company a “neutral” rating in a report on Thursday, December 4th.

Wallbox Trading Up 6.3%

NYSE WBX opened at $3.02 on Monday. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.52 and a current ratio of 0.89. The stock’s 50 day simple moving average is $2.90 and its 200-day simple moving average is $3.93. Wallbox has a 1-year low of $2.30 and a 1-year high of $12.30.

Wallbox (NYSE:WBX) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($0.07) EPS for the quarter. The company 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.