Wallbox, the Technology sector company, was revisited by a Wall Street analyst today. Analyst Jon Windham from UBS maintained a Hold rating on the stock and has a $4.00 price target.
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Jon Windham has given his Hold rating due to a combination of factors related to Wallbox’s current financial performance and future outlook. The company is yet to achieve adjusted EBITDA profitability and generate positive free cash flow, which are critical milestones for a more favorable rating. The revenue forecast for 2025 has been slightly reduced, reflecting the recent quarterly results, which have not met previous expectations.
Additionally, the guidance for the fourth quarter of 2025 suggests lower revenue and adjusted EBITDA loss than anticipated, leading to a decrease in the price target from $6 to $4. The valuation is based on a revised EV/sales multiple that aligns with the average peer group, indicating a cautious approach given the current market conditions. These elements contribute to the decision to maintain a Neutral stance on the stock.
In another report released on November 30, TR | OpenAI – 4o also upgraded the stock to a Hold with a $3.50 price target.