Key Performance
More- Earnings Score: N/A
- Momentum Score: 57
- True Yield: N/A
- Financial Health Score: N/A
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Turbo Energy (NASDAQ: TURB) shares surged 14.90% on Friday, outperforming a broader market downturn. The company announced innovative SUNBOX systems that integrate battery storage with AI-driven software to help industrial operators shield themselves from energy price volatility. With a $53 million industrial backlog representing 366 MWh across 10 Spanish manufacturing facilities, the stock is trading significantly above its moving averages with strong bullish technical indicators, though RSI levels suggest overbought conditions.
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Statistics
MoreInformation as of 06/03/2026
Company Profile
Turbo Energy, S.A. designs, develops, and distributes equipment for the generation, management, and storage of photovoltaic energy in Spain, rest of Europe, and internationally. The company offers lithium-ion batteries; inverters; photovoltaic modules; Go Solar, a portable photovoltaic product; and Sunbox, an AI based software system that monitors the generation, use, and management of photovoltaic energy. It is also involved in the acquisition, distribution, and sale of electrical and electronic materials for the development of renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The company sells its products to installers and distributors for residential consumers. The company has a strategic partnership with Xiamen HiTHIUM Energy Storage Technology Co. Ltd. for the deployment of software-defined energy storage infrastructure across commercial and industrial applications in Europe and Latin America. The company was incorporated in 2013 and is based in Valencia, Spain. Turbo Energy, S.A. operates as a subsidiary of Umbrella Global Energy, S.A.