Blink Charging Co. (BLNK)
NASDAQ: BLNK · IEX Real-Time Price · USD
3.120
-0.200 (-6.02%)
At close: Jul 19, 2024, 4:00 PM
3.130
+0.010 (0.32%)
Pre-market: Jul 22, 2024, 4:55 AM EDT
Blink Charging Co. Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Blink Charging Co. stock have an average target of 7.44, with a low estimate of 4.00 and a high estimate of 15. The average target predicts an increase of 138.46% from the current stock price of 3.12.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 21, 2024.
Analyst Ratings
The average analyst rating for BLNK stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 5 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $7 → $4.5 | Strong Buy | Maintains | $7 → $4.5 | +44.23% | May 21, 2024 |
| Stifel | Stifel | Hold Maintains $4 | Hold | Maintains | $4 | +28.21% | May 16, 2024 |
| Needham | Needham | Strong Buy Maintains $7 → $5 | Strong Buy | Maintains | $7 → $5 | +60.26% | May 10, 2024 |
| Needham | Needham | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +124.36% | Apr 17, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $25 → $15 | Strong Buy | Maintains | $25 → $15 | +380.77% | Mar 18, 2024 |
Financial Forecast
Revenue This Year
173.25M
from 140.60M
Increased by 23.22%
Revenue Next Year
223.08M
from 173.25M
Increased by 28.76%
EPS This Year
-0.55
from -3.21
EPS Next Year
-0.29
from -0.55
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 183.8M | 241.5M | 304.0M | 412.7M | 577.5M |
| Avg | 173.3M | 223.1M | 284.5M | 373.0M | 496.2M |
| Low | 162.9M | 206.2M | 262.6M | 331.7M | 414.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.7% | 39.4% | 36.3% | 45.0% | 54.8% |
| Avg | 23.2% | 28.8% | 27.5% | 31.1% | 33.0% |
| Low | 15.9% | 19.0% | 17.7% | 16.6% | 11.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.50 | 0.04 | -0.06 |
| Avg | -0.55 | -0.29 | -0.25 |
| Low | -0.65 | -0.62 | -0.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.