Blink Charging Co. (BLNK)

NASDAQ: BLNK · IEX Real-Time Price · USD
2.290
-0.070 (-2.97%)
At close: Apr 19, 2024, 4:00 PM
2.310
+0.020 (0.87%)
After-hours: Apr 19, 2024, 7:58 PM EDT
-2.97%
Market Cap 231.28M
Revenue (ttm) 140.60M
Net Income (ttm) -203.69M
Shares Out 100.99M
EPS (ttm) -3.21
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,669,255
Open 2.350
Previous Close 2.360
Day's Range 2.280 - 2.380
52-Week Range 2.180 - 7.700
Beta 2.79
Analysts Buy
Price Target 9.00 (+293.01%)
Earnings Date May 7, 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 "Buy." The 12-month stock price forecast is $9.0, which is an increase of 293.01% from the latest price.

Price Target
$9.0
(293.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
7 days 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.

8 days 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...

25 days 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...

5 weeks 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...

5 weeks 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
5 weeks 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...

5 weeks 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.

5 weeks 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...

2 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
2 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.

2 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...

2 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...

2 months ago - GlobeNewsWire

Blink Charging ($BLNK) Set to Install 20 EV Charging Stations in Key Areas of Downtown Frederick MD

Blink Charging (NASDAQ: BLNK), a leading producer of EV chargers, is set to install 20 IQ 200 chargers in four downtown parking garages in Frederick, MD, as part of the city's plan to address charging...

2 months ago - Green Stock News

Blink Charging Chosen by City of Frederick, Maryland, for Downtown Electric Vehicle Charging Solutions

Electric vehicle drivers will be able to charge up on the new Blink chargers and enjoy the city's sights at a ribbon cutting event on February 8, 2024.

2 months ago - GlobeNewsWire

Blink Charging and Allegiant Stadium, Home of Las Vegas Raiders, Team Up to Provide On-Site EV Charging for Fans and Visitors

Allegiant Stadium will be outfitted with Blink Chargers accessible to employees, visitors, and the general public. Miami Beach, Fla.

2 months ago - GlobeNewsWire

Blink and McArthurGlen Team Up to Provide EV Chargers at Famous Dutch Designer Outlets

In first step, 33 Blink EV Chargers are installed at McArthurGlen's designer outlet centers in Roermond and Roosendaal Miami Beach, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (“Blink C...

3 months ago - GlobeNewsWire

Porsche Dealership, Grupo Q, Boosts EV Charging Presence in El Salvador with Blink Charging Collaboration

Miami Beach, Fla., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) is thrilled to announce a collaboration that's sure to electrify El Salvador. Teaming up with Grupo Q, Porsche's ...

3 months ago - GlobeNewsWire

Blink Charging Celebrates a Strong 2023, Setting Up for a Prosperous 2024

As the EV industry leapt forward and transformed throughout 2023, Blink Charging stayed on pace, continuing to solidify its place as an EV charging industry leader.

3 months ago - GlobeNewsWire

Blink Charging to Provide Mack Trucks' Customers with Fleet EV Infrastructure

Mack Trucks' customers will now have access to Blink's EV equipment specially designed and optimized for fleets.

5 months ago - GlobeNewsWire

Blink CEO, Brendan Jones, to Discuss Blink's Continuous Record Growth and Path to Profitability at UBS Industrials Summit on November 29

Miami Beach, Fla., Nov. 17, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV)...

5 months ago - GlobeNewsWire

BLINK CHARGING ANNOUNCES RECORD THIRD QUARTER WITH 152% REVENUE GROWTH TO $43.4 MILLION AND 167% INCREASE IN GROSS PROFIT

Miami Beach, Fla., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK) (“Blink” or the “Company”), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) chargi...

5 months ago - GlobeNewsWire

Blink Charging UK Announces Launch of Advanced Vehicle-to-Grid Charger in UK & Ireland

The EQ 200 is a scalable and bi-directional charging solution with vehicle-to-grid (V2G) capability and can be used as part of smart energy management systems.

6 months ago - GlobeNewsWire

EVGo, Blink Charging, ChargePoint stocks have plunged: buy the dip?

The electric vehicle (EV) industry is going through a major slowdown as interest rates remain at an elevated level. The most recent Tesla earnings showed that the company's business was not growing as...

Other symbols: CHPTEVGO
6 months ago - Invezz

Blink Charging to Host Third Quarter 2023 Conference Call on Thursday, November 9, 2023

Miami Beach, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV)...

6 months ago - GlobeNewsWire