Wallbox downgraded by TD Cowen with a new price target
$WBX
Industrial Specialties
Consumer Discretionary
TD Cowen downgraded Wallbox from Outperform to Market Perform and set a new price target of $4.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/30/2024 | Buy → Hold | Stifel | |
| 10/19/2023 | $2.25 | Buy → Neutral | Chardan Capital Markets |
| 9/27/2023 | $5.00 → $3.00 | Buy → Neutral | UBS |
| 8/3/2023 | $4.00 | Outperform → Market Perform | TD Cowen |
| 11/22/2022 | $16.00 | Outperform | Northland Capital |
| 9/7/2022 | $14.00 | Outperform | Credit Suisse |
| 8/5/2022 | $14.00 | Overweight | Barclays |
| 7/13/2022 | $14.00 | Buy | Canaccord Genuity |
Wallbox N.V. (NYSE:WBX), a leading provider of electric vehicle ("EV") charging and energy management solutions worldwide, today announced its financial results for the third quarter ended September 30, 2024 and provided a business update. Third Quarter 2024 Highlights and Business Update: Generated revenue of €34.7 million, representing an increase of 7% compared to the same period last year. Excluding a one-off revenue charge of €1.6 million during the quarter, year over year growth was 12% Exceptional performance in the North American market with 45% year-over-year revenue growth, significantly higher than the EV market growth of 4%1. This further diversifies the geographical footpr
Wallbox (NYSE:WBX), a leading provider of electric vehicle (EV) charging solutions, today announced that the Wallbox Group had surpassed the milestone of one million EV chargers sold worldwide as of the end of Q2 2024. This accumulated figure includes ABL's EV charger sales. The news follows the positive reception of the company's growing portfolio, which includes the introduction of ABL's EM4 into the group's international offering, as well as the launch of the Supernova 180 and Pulsar Pro into the North American market. "Surpassing the milestone of 1 million EV chargers sold is a testament to the strength of the Wallbox Group and our commitment to accelerating the global transition to e
Wallbox (NYSE:WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced that it will release its financial results for the third quarter of 2024 before market opens on Wednesday, November 6, 2024. The company will host a webcast at 8:00 AM ET (2:00 PM CET), to discuss these results and provide a business update. The prepared remarks by Enric Asunción, co-founder and Chief Executive Officer, and Luis Boada, Chief Financial Officer, will be followed by a question and answer session. Please visit this link, which is also accessible on the ‘Events & Presentations' section of the company's investor relations website, investors.wallbox.
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6-K - Wallbox N.V. (0001866501) (Filer)
6-K - Wallbox N.V. (0001866501) (Filer)
6-K - Wallbox N.V. (0001866501) (Filer)
Wallbox (NYSE:WBX), a leading provider of electric vehicle (EV) charging solutions, today announced the addition of three new members to its Board of Directors at its 2024 Annual General Meeting of Shareholders. The three new Directors voted in by shareholders at this year's Annual General Meeting include Jordi Lainz, who previously served as Wallbox CFO for close to six years; Ferdinand Schlutius, Co-CEO of ABL, a pioneer in EV charging solutions in Germany which was acquired by Wallbox in 2023; and Paolo Campinoti, Executive Vice President with commercial responsibility over EMEA, APAC and LATAM for Generac, which is a minority investor in Wallbox. Full bios on the three new Directors f
Wallbox, a global leader in electric vehicle (EV) charging and energy management solutions, announced a number of key strategic milestones since their acquisition of ABL, an industry pioneer and German leader in EV charging. The integration of ABL into the Wallbox Group has already yielded encouraging results that will strengthen both companies' ability to support the EV transition. "We are immensely proud of what we have achieved in the first six months following Wallbox's acquisition of ABL," said Jaume Ferre, Co-CEO of ABL and CTO of Wallbox. "The synergies between our companies have allowed us to move forward quickly with product integrations. We only expect this cadence to continue a
Wallbox (NYSE:WBX), a global leader in electric vehicle (EV) charging and energy management solutions, today announced that Luis Boada will join Wallbox as Chief Financial Officer effective May 15, 2024. Following a transition period, Wallbox will propose the appointment of Jordi Lainz as a member of the Board of Directors during the 2024 Annual General Meeting of shareholders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240410866017/en/Wallbox Appoints Luis Boada as Chief Financial Officer (Photo: Business Wire) Luis Boada has close to two decades of experience in corporate development, finance, and investor relations with e
Stifel downgraded Wallbox from Buy to Hold
Chardan Capital Markets downgraded Wallbox from Buy to Neutral and set a new price target of $2.25
UBS downgraded Wallbox from Buy to Neutral and set a new price target of $3.00 from $5.00 previously
Integration makes it easy for EV drivers to access the benefits of utility programs, helping programs scaleEnergyHub, a top provider of grid-edge flexibility, and Wallbox, (NYSE:WBX) a global leader in electric vehicle (EV) charging and energy management, announce they've partnered to make the benefits of utility programs for EV managed charging accessible to Wallbox customers across North America.
Distributors To Access Bundles Including Wallbox's DC Fast Charger Supernova 180 And Level 2 Charger Pulsar Pro Along With ChargeLab's Smart Software Solutions
Canaccord Genuity analyst George Gianarikas maintains Wallbox (NYSE:WBX) with a Buy and lowers the price target from $4 to $3.25.
Wallbox N.V. (NYSE:WBX), a leading provider of electric vehicle ("EV") charging and energy management solutions worldwide, today announced its financial results for the third quarter ended September 30, 2024 and provided a business update. Third Quarter 2024 Highlights and Business Update: Generated revenue of €34.7 million, representing an increase of 7% compared to the same period last year. Excluding a one-off revenue charge of €1.6 million during the quarter, year over year growth was 12% Exceptional performance in the North American market with 45% year-over-year revenue growth, significantly higher than the EV market growth of 4%1. This further diversifies the geographical footpr
Wallbox N.V. (NYSE:WBX), a leading provider of electric vehicle ("EV") charging and energy management solutions worldwide, today announced its financial results for the second quarter ended June 30, 2024 and provided a business update. Second Quarter 2024 Highlights and Business Update: Generated revenue of €48.8 million, our highest revenue grossing quarter to date, representing an increase of 48% compared to the same period last year Strong performance in the North American market for both AC and DC sales, which experienced over 65% year-over-year revenue growth, faster than the EV market Continuous growth in our DC sales with 64% growth globally compared to the same period las
Wallbox N.V. (NYSE:WBX), a leading provider of electric vehicle ("EV") charging and energy management solutions worldwide, today announced its financial results for the first quarter ended March 31, 2024 and provided a business update. First Quarter 2024 Highlights and Business Update: Generated revenue of €43.1 million, an increase of approximately 23% compared to the same prior year period Realized gross margins of 39.6%, which is a 600 basis point improvement from the previous quarter Installed and delivered the first units of Supernova 180 DC fast charger in North America Continued successful integration of ABL, which is now benefiting from Wallbox's sales channels Laun