NYSE:WBX

Wallbox (WBX) Stock Forecast, Price & News

$3.24

-0.04 (-1.22%)

(As of 05/26/2023 07:00 PM ET)

Compare

Today's Range: $3.12
▼
$3.32
50-Day Range: $2.58
▼
$4.89
52-Week Range: $2.44
▼
$11.25

Volume: 430,000 shs
Average Volume: 605,560 shs
Market Capitalization: $556.53 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.44

Wallbox MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 222.4% Upside
$10.44 Price Target
Short Interest: Bearish
6.61% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.23) to $0.02 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.53 out of 5 stars

Computer And Technology Sector

517th out of 618 stocks

Miscellaneous Transportation Equipment Industry

5th out of 8 stocks

3.5

Analyst's Opinion

Consensus Rating
Wallbox has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.44, Wallbox has a forecasted upside of 222.4% from its current price of $3.24.
Amount of Analyst Coverage
Wallbox has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.61% of the float of Wallbox has been sold short.
Short Interest Ratio / Days to Cover
Wallbox has a short interest ratio ("days to cover") of 5.4.
Change versus previous month
Short interest in Wallbox has recently decreased by 2.58%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Wallbox does not currently pay a dividend.
Dividend Growth
Wallbox does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WBX.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Wallbox this week, compared to 2 articles on an average week.
Search Interest
Only 17 people have searched for WBX on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Wallbox to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wallbox insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 5.31% of the stock of Wallbox is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Wallbox are expected to grow in the coming year, from ($0.23) to $0.02 per share.
Price to Book Value per Share Ratio
Wallbox has a P/B Ratio of 3.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Wallbox (NYSE:WBX) Stock

Wallbox N.V., a technology company, designs, manufactures, and distributes charging solutions for residential, business, and public use. The company operates in three segments: Europe-Middle East Asia, North America, and Asia-Pacific. It offers EV charging hardware products, such as Pulsar Plus, an AC smart charger for home or multi-family residence; Commander 2, an AC smart charger for fleets and businesses with a 7-inch touchscreen display that provides a personalized and secure user interface for multiple users; Copper SB, an AC smart charger for fleets and businesses with an integrated socket that makes it compatible with both type 1 and type 2 charging cables; Quasar, a DC bi-directional charger for home-use that allows to charge and discharge electric vehicle, and enables to use car battery to power home or sell energy back to the grid; Supernova, a DC fast charger equipment designed for public use; and Hypernova that allows to optimize available power and adapt to the number of EVs connected for public charging along highways and transcontinental road networks. The company also provides EV charging software solutions, including the myWallbox platform, a cloud based software designed to provide smart management of its chargers in residential and business parking lots, such as workplaces, fleets, and semi-public parking lots; Electromaps, a hardware-agnostic e-mobility service provider and charger management software that enables users to find publicly available charging ports; and Sirius, an energy management solution that is designed to seamlessly integrates the electric grid with solar, on-site batteries, and other renewable energy sources. In addition, it offers upgrades and accessories, which includes energy meters, EV charging cables, pedestals, and RFID cards; and installation, maintenance, and charging network management services. The company was incorporated in 2015 and is headquartered in Barcelona, Spain.

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WBX Stock News Headlines

May 26, 2023 | americanbankingnews.com

Wallbox (NYSE:WBX) Trading Down 11.6%

May 15, 2023 | finance.yahoo.com

Is There An Opportunity With Wallbox N.V.'s (NYSE:WBX) 23% Undervaluation?

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May 15, 2023 | americanbankingnews.com

Wallbox (NYSE:WBX) Given Average Rating of "Moderate Buy" by Analysts

May 12, 2023 | msn.com

Wallbox is highlighted by Bank of America as an EV stock standout

May 7, 2023 | americanbankingnews.com

Robert W. Baird Lowers Wallbox (NYSE:WBX) Price Target to $7.00

May 7, 2023 | seekingalpha.com

Wallbox N.V. (WBX) Q1 2023 Earnings Call Transcript

May 4, 2023 | finance.yahoo.com

Wallbox Announces First Quarter 2023 Financial Results

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May 2, 2023 | finance.yahoo.com

Wallbox’s Quasar 2 Named Honorable Mention in Rapid Response Category of Fast Company’s 2023 World Changing Ideas Awards

May 2, 2023 | americanbankingnews.com

Wallbox (WBX) to Release Quarterly Earnings on Thursday

April 28, 2023 | seekingalpha.com

Wallbox Has A Very Promising Future, But Doesn't Equal A Buy

April 28, 2023 | americanbankingnews.com

Wallbox (NYSE:WBX) Sets New 12-Month Low Following Analyst Downgrade

April 25, 2023 | americanbankingnews.com

Wallbox (NYSE:WBX) Price Target Cut to $9.00

April 22, 2023 | americanbankingnews.com

Chardan Capital Reiterates "Buy" Rating for Wallbox (NYSE:WBX)

April 19, 2023 | americanbankingnews.com

Wallbox (NYSE:WBX) Shares Up 7.1%

April 18, 2023 | americanbankingnews.com

Analysts Set Wallbox (NYSE:WBX) Target Price at $12.45

April 17, 2023 | finance.yahoo.com

Investors Interested In Wallbox N.V.'s (NYSE:WBX) Revenues

April 14, 2023 | americanbankingnews.com

Wallbox (NYSE:WBX) Shares Down 5%

April 12, 2023 | americanbankingnews.com

Wallbox (NYSE:WBX) Trading Up 8.7%

April 11, 2023 | finance.yahoo.com

Wallbox Announces Timing of its First Quarter 2023 Financial Results

April 7, 2023 | americanbankingnews.com

Wallbox (NYSE:WBX) Shares Gap Up to $4.20

April 6, 2023 | americanbankingnews.com

Wallbox (NYSE:WBX) Stock Price Down 7.5%

April 3, 2023 | finance.yahoo.com

Wallbox Files At-the-Market Equity Offering Program

March 31, 2023 | finance.yahoo.com

Wallbox Announces Filing Of 2022 Annual Report On Form 20-F

March 24, 2023 | americanbankingnews.com

Brokerages Set Wallbox (NYSE:WBX) Target Price at $13.09

March 24, 2023 | americanbankingnews.com

Wallbox (NYSE:WBX) Shares Down 3.7% Following Analyst Downgrade

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WBX Company Calendar

Today: 5/29/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous transportation equipment
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:WBX
CUSIP: N/A
CIK: 1866501
Web: wallbox.com
Phone: 1404574-1504
Fax: N/A
Employees: 704
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $10.44
High Stock Price Forecast: $16.00
Low Stock Price Forecast: $7.00
Forecasted Upside/Downside: +222.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.26
Current Ratio: 1.43
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $151.94 million
Price / Sales: 3.66
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.04 per share
Price / Book: 3.12

Miscellaneous

Outstanding Shares: 171,770,000
Free Float: N/A
Market Cap: $556.53 million
Optionable: Optionable
Beta: 2.27

Key Executives

Mr. Enric Asuncion Escorsa (Age 37)
Co-Founder, CEO & Exec. Director

Mr. Eduard Castaneda Mane (Age 36)
Co-founder & Chief Product Officer

Mr. Jordi Lainz Gavalda (Age 53)
Chief Financial Officer

Mr. Oriol Riba Magrazo
Chief Operations Officer

Mr. Jaume Ferre
Chief Technology Officer

Mr. Matthew Tractenberg
VP of Investor Relations

Juan Sagales
Gen. Counsel

Ms. Myriam Lhermurier Boublil
Chief Communications & Public Affairs Officer

Mr. Javier Riano
Chief Marketing Officer

Mr. Masud Rabbani
Chief Commercial & Bus. Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

WBX Stock - Frequently Asked Questions

Should I buy or sell Wallbox stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wallbox in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WBX shares.
View WBX analyst ratings or view top-rated stocks.
What is Wallbox's stock price forecast for 2023?: 8 equities research analysts have issued 12-month price targets for Wallbox's shares. Their WBX share price forecasts range from $7.00 to $16.00. On average, they anticipate the company's stock price to reach $10.44 in the next year. This suggests a possible upside of 222.4% from the stock's current price.
View analysts price targets for WBX or view top-rated stocks among Wall Street analysts.
How have WBX shares performed in 2023?: Wallbox's stock was trading at $3.58 at the start of the year. Since then, WBX stock has decreased by 9.5% and is now trading at $3.24.
View the best growth stocks for 2023 here.
Are investors shorting Wallbox?: Wallbox saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,490,000 shares, an increase of 31.2% from the April 15th total of 2,660,000 shares. Based on an average daily trading volume, of 616,400 shares, the days-to-cover ratio is presently 5.7 days. Currently, 6.8% of the company's stock are short sold.
View Wallbox's Short Interest.
What ETFs hold Wallbox's stock?: ETFs with the largest weight of Wallbox (NYSE:WBX) stock in their portfolio include Invesco WilderHill Clean Energy ETF (PBW), Amplify Lithium& Battery Technology ETF (BATT), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO).
What guidance has Wallbox issued on next quarter's earnings?: Wallbox updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $42.93 million-$53.66 million, compared to the consensus revenue estimate of $41.46 million.

What is Wallbox's stock symbol?: Wallbox trades on the New York Stock Exchange (NYSE) under the ticker symbol "WBX."
Who are Wallbox's major shareholders?: Wallbox's stock is owned by many different institutional and retail investors. Top institutional investors include First Trust Advisors LP (0.49%), Bank of America Corp DE (0.34%), Credit Suisse AG (0.22%), Healthcare of Ontario Pension Plan Trust Fund (0.06%), SG Americas Securities LLC (0.03%) and Jane Street Group LLC (0.03%).
How do I buy shares of Wallbox?: Shares of WBX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Wallbox's stock price today?: One share of WBX stock can currently be purchased for approximately $3.24.
How much money does Wallbox make?: Wallbox (NYSE:WBX) has a market capitalization of $556.53 million and generates $151.94 million in revenue each year.
How many employees does Wallbox have?: The company employs 704 workers across the globe.
How can I contact Wallbox?: Wallbox's mailing address is 1400 OLD COUNTRY ROAD SUITE 301, WESTBURY NY, 11590. The official website for the company is wallbox.com. The company can be reached via phone at 1404574-1504.

This page (NYSE:WBX) was last updated on 5/29/2023 by MarketBeat.com Staff

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