Blink Charging Co. (BLNK)

NASDAQ: BLNK · IEX Real-Time Price · USD
2.620
-0.060 (-2.24%)
At close: Jul 2, 2024, 4:00 PM
2.630
+0.010 (0.38%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-2.24%
Market Cap 264.78M
Revenue (ttm) 156.50M
Net Income (ttm) -191.07M
Shares Out 101.06M
EPS (ttm) -2.77
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,491,742
Open 2.680
Previous Close 2.680
Day's Range 2.580 - 2.770
52-Week Range 2.180 - 7.250
Beta 2.76
Analysts Strong Buy
Price Target 7.44 (+183.97%)
Earnings Date Aug 6, 2024

About BLNK

Blink Charging Co., through its subsidiaries, owns, operates, manufactures, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a cloud-based system that operates, maintains, and manages various Blink charging stations and associated charging data, back-end operations, and payment processing, as well as offe... [Read more]

Sector Industrials
Founded 2009
Employees 684
Stock Exchange NASDAQ
Ticker Symbol BLNK
Full Company Profile

Financial Performance

In 2023, BLNK's revenue was $140.60 million, an increase of 129.96% compared to the previous year's $61.14 million. Losses were -$203.69 million, 122.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for BLNK stock is "Strong Buy." The 12-month stock price forecast is $7.44, which is an increase of 183.97% from the latest price.

Price Target
$7.44
(183.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Prima at Paseo South Gulch Introduces Electric Car Sharing Program for Residents through Envoy Technologies

Nashville, TN., June 25, 2024 (GLOBE NEWSWIRE) -- Prima at Paseo South Gulch , a 16-story, 278-unit residential tower in SomeraRoad's Paseo South Gulch microneighborhood, has announced an agreement wi...

7 days ago - GlobeNewsWire

Blink Charging Achieves “In Process” FedRAMP® Status to Provide Cloud-Based EV Charging Solutions Across U.S. Government

Once fully accredited, Blink's EV charging network will be available to government agencies. Bowie, Md.

19 days ago - GlobeNewsWire

Blink Charging CEO, Brendan Jones, to Present at the J.P. Morgan 2024 Energy, Power & Renewables Conference

Bowie, Md., June 12, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) chargi...

20 days ago - GlobeNewsWire

BYD's Official Dealership in Mexico, Owned and Operated by Grupo Fame, Selects Blink Charging for EV Charging Products and Services

Grupo Fame's dealership location in Querétaro, Mexico, now features Blink Level 2 chargers on site, with DC fast chargers utilizing GBT ports coming soon.

6 weeks ago - GlobeNewsWire

Blink Charging Selected as an Official Electric Vehicle Charger and Network Services Provider for State of New York

Blink chosen as one of the EV charging providers designated to provide expanded charging infrastructure and support a more sustainable future for the state.

7 weeks ago - GlobeNewsWire

Blink Charging CEO talks explosive growth in Q1 and outlook for EVs

Despite fears of an electric vehicle (EV) adoption slowdown, Blink Charging (BLNK) defied expectations by reporting a 195% surge in gross profit during its first quarter results. To shed light on the ...

7 weeks ago - Yahoo Finance

Blink Charging's stock rallies as CEO talks about Tesla layoffs and EV demand

Shares of Blink Charging Co. rallied Friday after the provider of electric-vehicle charging equipment and services suggested the recent news regarding Tesla Inc.'s Supercharger unit was actually good ...

7 weeks ago - Market Watch

BLINK CHARGING ANNOUNCES FIRST QUARTER REVENUE GROWTH OF 73% TO $37.6 MILLION AND GROSS MARGIN OF 36%

Bowie, MD, May 09, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK) (“Blink” or the “Company”), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipm...

7 weeks ago - GlobeNewsWire

Blink Charging Launches New Preventative Maintenance Program, Blink Care

Blink Care is a n optional maintenance program designed to reduce charger downtime and provide a more seamless charging experienc e .

7 weeks ago - GlobeNewsWire

Blink Charging Selected as Official Electric Vehicle Charger and Network Services Provider for State of New York

Blink to provide expanded charging infrastructure and support a more sustainable future for the state. Bowie, Md.

2 months ago - GlobeNewsWire

Blink Charging to Host First Quarter 2024 Conference Call on Thursday, May 9, 2024

Bowie, Md., April 25, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charg...

2 months ago - GlobeNewsWire

Blink Charging UK Teams Up with Evri to Support Courier's Vision to Electrify Fleet

In first steps, Blink Charging UK will provide twelve chargers at high volume sorting center in Rugby, UK London, UK, April 24, 2024 (GLOBE NEWSWIRE) -- Blink Charging UK, a subsidiary of leading glob...

2 months ago - GlobeNewsWire

Here's why the EVGo, Blink, and ChargePoint stocks are crashing

EV charging stocks are not doing well this year. EVGo stock price has crashed by over 42% in 2024 while ChargePoint is down by 29.4%.

Other symbols: CHPTEVGO
2 months ago - Invezz

Keystone Purchasing Network Exclusively Chooses Blink Charging for EV Charging Services

The contract, effective March 1, 2024, was secured by Keystone Purchasing Network through the Association of Education Purchasing Agencies.

2 months ago - GlobeNewsWire

Jenifer Yokley Promoted to Chief Marketing Officer at Blink Charging

Elevation of proven trailblazer heralds new era of innovation and leadership during women's history month Bowie, Md., March 25, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or t...

3 months ago - GlobeNewsWire

Blink Charging CEO Says EVs Are Here to Stay

Blink Charging Co. Chief Executive Officer Brendan Jones says the overall electric vehicle market is growing, despite a slowdown in the US. Jones points to a McKinsey report that says there's going to...

3 months ago - Bloomberg Markets and Finance

After earnings, is Blink Charging Co stock a buy?

Blink Charging Co. (NASDAQ:BLNK), a leading figure in the electric vehicle (EV) charging infrastructure sector, announced a seven-fold increase in annual revenues in FY23. Revenues soared to $140.6 mi...

3 months ago - Invezz

These Stocks Are Moving the Most Today: Adobe, Madrigal, Smartsheet, Blink Charging, and Ulta

These stocks were set to make moves on Friday.

Other symbols: ADBESMARULTA
3 months ago - Barrons

BLINK CHARGING ANNOUNCES RECORD FOURTH QUARTER WITH 89% REVENUE GROWTH TO $42.7 MILLION AND 130% INCREASE IN FULL YEAR 2023 REVENUES TO $140.6 MILLION

Bowie, MD, March 14, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK) (“Blink” or the “Company”), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equi...

3 months ago - GlobeNewsWire

Blink Charging Establishes Global Corporate Headquarters and Announces Expansion of Manufacturing Facility in Bowie, Maryland

Along with the new headquarters, Blink is increasing its manufacturing capacity by constructing a state-of-the-art advanced 30,000 square-foot facility.

4 months ago - GlobeNewsWire

Blink Charging to Host Fourth Quarter and Year End 2023 Conference Call on Thursday, March 14, 2024

Miami Beach, FL, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) c...

4 months ago - GlobeNewsWire

Is it safe to buy EV charging stocks like CHPT, EVGO, and BLNK?

Everything related to electric vehicles (EVs) is not doing well in 2024. EV stocks like Tesla and Nio have all plunged hard this year, shedding over $1 trillion in valuation.

Other symbols: EVGOCHPT
4 months ago - Invezz

Blink Charging Soars on Strong Sales

The company's update also offered some relief for weary electric-vehicle investors who have been dealing with losses.

4 months ago - Barrons

Blink Charging's stock surges after providing revenue guidance well above forecasts

Shares of Blink Charging Co. BLNK got a 14.9% boost in premarket trading Wednesday, after the electric vehicle charging equipment maker provided an upbeat sales outlook and affirmed its target for rea...

4 months ago - Market Watch

BLINK CHARGING ANNOUNCES PRELIMINARY FULL-YEAR 2023 REVENUE IN EXCESS OF $140 MILLION, REITERATES ADJUSTED EBITDA PROFITABILITY TARGET

Company announces preliminary fourth-quarter 2023 revenue record in excess of $42 million, as well as a record-breaking full-year 2023 revenue in excess of $140 million. Blink reaffirms its target for...

4 months ago - GlobeNewsWire