Wallbox (WBX)

• Market cap: $132M
• 1 day: 11.03%
• 5 days: 3.84%
• 1 month: -10.25%
• 3 months: -55.87%
• 6 months: -59.57%
• Year to date: -68.29%
• 1 year: -72.27%
• 5 years: -93.84%
• 10 years: -93.84%

About: Wallbox NV is a smart electric vehicle charging and energy management company. It creates smart charging system combining technology design that manages the communication between user, vehicle, grid, building, and charger. The company is engaged in designing, manufacturing, and distributing faster, simpler EV charging solutions for residential, business, and public use. Its smart charging product portfolio includes Level 2 alternating current chargers for home and business applications and direct current fast chargers for public applications. The company has three reportable operating segments; Europe, Middle East and Asia (EMEA) which is also its key revenue generating segment, North America, and Asia‑Pacific.

Employees: 1,457

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

430% more call options, than puts

Call options by funds: $53K | Put options by funds: $10K

0% more funds holding

Funds holding: 31 [Q2] → 31 (+0) [Q3]

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

0.82% less ownership

Funds ownership: 4.08% [Q2] → 3.26% (-0.82%) [Q3]

9% less capital invested

Capital invested by funds: $10.1M [Q2] → $9.16M (-$906K) [Q3]

40% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 10

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $1.25 136% upside
• Avg. target: $1.56 195% upside
• High target: $2 278% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

Canaccord Genuity George Gianarikas 52% 1-year accuracy 25 / 48 met price target	183% upside $1.50	Buy Maintained	7 Nov 2024
Baird George Gianarikas 52% 1-year accuracy 25 / 48 met price target	278% upside $2	Outperform Maintained	7 Nov 2024
Stifel Stephen Gengaro 50% 1-year accuracy 41 / 82 met price target	183% upside $1.50	Hold Downgraded	30 Oct 2024
UBS Chris Snyder 79% 1-year accuracy 11 / 14 met price target	136% upside $1.25	Neutral Maintained	15 Oct 2024