Wallbox Secures $15 Million in Private Placements with Spanish Government Backing

Wallbox ( (WBX) ) has shared an update.

On June 5, 2025, Wallbox announced two private placements of its Class A ordinary shares, raising a total of $15 million. The first placement involved a $9 million investment from the Spanish Society for Technological Transformation (SETT), a state-owned enterprise, as part of Wallbox’s February 2025 financing round. The second placement, completed on June 2, 2025, saw existing investors, including Iberdrola and Wallbox’s CEO, contribute over $5 million. These investments are expected to bolster Wallbox’s financial position, accelerate the adoption of its EV charging solutions, and support the development of advanced energy management technologies. The involvement of SETT highlights Spain’s strategic role in the global energy transition and underscores the public and private sectors’ commitment to sustainable mobility.

The most recent analyst rating on (WBX) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on Wallbox stock, see the WBX Stock Forecast page.

Spark’s Take on WBX Stock

According to Spark, TipRanks’ AI Analyst, WBX is a Neutral.

Wallbox’s overall stock score is primarily influenced by its strong revenue growth, albeit overshadowed by financial instability and profitability issues. Technical analysis provides a neutral to slightly bearish outlook, while valuation concerns due to negative earnings weigh heavily. The earnings call offers some optimism with cost reductions and regional growth, but challenges remain.

To see Spark’s full report on WBX stock, click here.

More about Wallbox

Wallbox is a global technology company specializing in electric vehicle (EV) charging and energy management solutions. Founded in 2015 and headquartered in Barcelona, Wallbox offers a comprehensive portfolio of charging and energy management systems for residential, semi-public, and public use across over 100 countries. The company aims to redefine energy consumption and promote sustainable living through advanced technology.

Average Trading Volume: 415,061

Technical Sentiment Signal: Sell

Current Market Cap: $95.65M

See more data about WBX stock on TipRanks’ Stock Analysis page.