5 Most Promising EV Stocks According to Analysts

2. Wallbox N.V. (NYSE:WBX)

Number of Hedge Fund Holders: 4

Average Upside Potential as of February 14: 114.03%

Wallbox N.V. (NYSE:WBX) is a leading Spanish EV charging solutions provider. The company develops and distributes EV charging technologies across the globe. As of November 22, Northland analyst Abhishek Sinha has a $16 price target and an Outperform rating on Wallbox N.V. (NYSE:WBX).

Over the past 3 months, Wallbox N.V. (NYSE:WBX) has received 4 Buy ratings from Wall Street analysts and has a consensus Strong Buy rating among analysts. The stock has a maximum price target of $16 and an average price target of $11.75, which represents a potential upside of 114.03% from its closing price on February 14. Wallbox N.V. (NYSE:WBX) is one of analysts’ most promising EV stocks to buy now.

At the end of Q3 2022, 4 hedge funds were bullish on Wallbox N.V. (NYSE:WBX) and disclosed positions worth $15.45 million in the company. As of December 31, LMR Partners is the largest shareholder in the company and has disclosed a position worth $7.19 million in the company.

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