TURB

Turbo Energy
TURB
Market cap $15.8M

1.43 USD

-0.12

7.74%

At close Oct 17, 4:00 PM EDT

Pre-market

1.43

+0.00

0.00%

1 day

-7.74%

5 days

-64.52%

1 month

6.72%

3 months

16.26%

6 months

24.35%

Year to date

22.22%

1 year

-17.82%

5 years

-71.46%

About: Turbo Energy SA is a company that specializes in designing, developing, and distributing equipment for the generation, management, and storage of photovoltaic energy. The company's primary activities include acquiring, distributing, and selling electrical and electronic materials for renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The storage products are managed through a software system optimized by artificial intelligence, which is controlled from the cloud and through the installation inverter. Turbo Energy sells inverters, batteries, and photovoltaic modules to installers and other distributors for residential consumers in Spain.

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 3 [Q1] → 3 (+0) [Q2]

0% less ownership

Funds ownership: 0.11% [Q1] → 0.11% (-0%) [Q2]

3% less capital invested

Capital invested by funds: $67.5K [Q1] → $65.4K (-$2.08K) [Q2]

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

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Research analyst outlook

We haven’t received any recent analyst ratings for TURB.

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Financial journalist opinion

Turbo Energy CEO Issues Formal Operational Update to Shareholders

VALENCIA, Spain, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Mariano Soria, Chief Executive Officer of Turbo Energy, S.A . (NASDAQ:TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today issued a formal operational update to the Company's shareholders on Turbo Energy's business expansion strategies and key global growth objectives for the coming year. Soria stated:

Turbo Energy CEO Issues Formal Operational Update to Shareholders

Turbo Energy Announces Results of 2024 Annual General Meeting of Shareholders

VALENCIA, Spain, June 26, 2024 (GLOBE NEWSWIRE) -- Turbo Energy, S.A . (NASDAQ:TURB) (“Turbo Energy” or the “Company”), a leader in the field of photovoltaic energy storage, today announced that the following proposals were approved at its 2024 Annual General Meeting of Shareholders held on June 25, 2024 in Valencia, Spain:

Turbo Energy Announces Results of 2024 Annual General Meeting of Shareholders

Turbo Energy Files Patent Application in Spain for its Sunbox Commercial and Industrial Product

VALENCIA, Spain, May 06, 2024 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB) (“Turbo Energy” or “the Company”), a leader in the field of photovoltaic energy storage, today announced it has filed a patent application with the Spanish Patent and Trademark Office (“OEPM”) for its Sunbox Commercial & Industrial (“Sunbox C&I”) product. This product, which is already available on the market, offers the most efficient and adaptable solution for both isolated and grid-connected projects. Additionally, the product allows for existing solar installations of any brand to be managed by the Sunbox system, thus expanding a user's photovoltaic production capability as needed.

Turbo Energy Files Patent Application in Spain for its Sunbox Commercial and Industrial Product

Turbo Energy Announces Financial Results for Year Ended December 31, 2023

Valencia, Spain, April 18, 2024 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB), a leading energy-saving technology company leveraging artificial intelligence software, today announced that for the year ended December 31, 2023, the Company reported revenues of €13.14 million ($14.54 million) and a net loss of €2.01 million ($2.23 million).

Turbo Energy Announces Financial Results for Year Ended December 31, 2023

El Corte Inglés S.A. Begins Selling Turbo Energy's GoSolar Solution

VALENCIA, Spain, April 16, 2024 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a leader in the field of photovoltaic energy storage, today announced that El Corte Inglés S.A., the biggest department store group in Europe and the third largest worldwide, has launched Turbo Energy's GoSolar offering for sale this week.

El Corte Inglés S.A. Begins Selling Turbo Energy's GoSolar Solution

Solar360, Repsol and Telefónica Joint Venture, Partners with Turbo Energy to Revolutionize Solar Self-Consumption Through Artificial Intelligence

The alliance between Solar360, and Turbo Energy, a NASDAQ-listed company and leader in the field of photovoltaic energy storage, will enable end-users to maximize savings through smart battery technology. The alliance between Solar360, and Turbo Energy, a NASDAQ-listed company and leader in the field of photovoltaic energy storage, will enable end-users to maximize savings through smart battery technology.

Solar360, Repsol and Telefónica Joint Venture, Partners with Turbo Energy to Revolutionize Solar Self-Consumption Through Artificial Intelligence

Turbo Energy Appoints Mariano Soria as CEO of the Company with Enrique Selva to Remain as a Chairman of the Board

Valencia, Spain, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB) (“Turbo Energy” or the “Company”), a Valencia-based company specializing in photovoltaic energy storage solutions, today announced a transition in the management structure of the Company, resulting from the governance policies of the holding company, Umbrella Solar Investment (USI) a public company on BME Growth market in Spain.

Turbo Energy Appoints Mariano Soria as CEO of the Company with Enrique Selva to Remain as a Chairman of the Board

Turbo Energy Announces Interim Results for the Period Ended June 30, 2023

Valencia, Spain, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB), the leading energy-saving technology company, leveraging artificial intelligence software, today announced its unaudited interim financial results for the six months ended June 30, 2023.

Turbo Energy Announces Interim Results for the Period Ended June 30, 2023

Movistar Begins Selling Turbo Energy's “Do It Yourself” GoSolar, the Most Compact Photovoltaic Solution Available

VALENCIA, Spain, Dec. 11, 2023 (GLOBE NEWSWIRE) -- In an exciting step towards a more sustainable future, Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a Valencia-based company specializing in photovoltaic energy storage solutions, today announced that Movistar has launched Turbo Energy's GoSolar offering for sale this week through Movistar's energy branch, Solar360.

Movistar Begins Selling Turbo Energy's “Do It Yourself” GoSolar, the Most Compact Photovoltaic Solution Available

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