Blink Charging (NASDAQ:BLNK - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $27.60 million for the quarter.
Blink Charging (NASDAQ:BLNK - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported ($0.15) EPS for the quarter, topping analysts' consensus estimates of ($0.18) by $0.03. Blink Charging had a negative net margin of 104.02% and a negative return on equity of 25.50%. The company had revenue of $30.20 million during the quarter, compared to the consensus estimate of $30.77 million. During the same period last year, the firm earned ($0.28) EPS. The firm's revenue for the quarter was down 29.3% compared to the same quarter last year. On average, analysts expect Blink Charging to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Blink Charging Price Performance
Shares of BLNK traded up $0.01 during mid-day trading on Tuesday, reaching $0.72. The company had a trading volume of 364,608 shares, compared to its average volume of 4,608,597. The company's 50-day moving average is $0.86 and its 200-day moving average is $1.29. Blink Charging has a twelve month low of $0.63 and a twelve month high of $3.75. The company has a market capitalization of $74.16 million, a P/E ratio of -0.48 and a beta of 3.34.
Wall Street Analysts Forecast Growth
BLNK has been the topic of several research analyst reports. UBS Group decreased their price objective on shares of Blink Charging from $1.00 to $0.80 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Roth Mkm reiterated a "buy" rating and set a $3.00 price target (down previously from $4.00) on shares of Blink Charging in a research report on Friday, March 14th. HC Wainwright restated a "buy" rating and issued a $8.00 price objective on shares of Blink Charging in a research report on Friday, March 14th. Barclays reduced their target price on shares of Blink Charging from $3.00 to $1.50 and set an "equal weight" rating on the stock in a research report on Tuesday, February 4th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Blink Charging in a report on Friday, March 14th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $3.04.
View Our Latest Stock Report on BLNK
About Blink Charging
(
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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.
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