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S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
3rd Massive Dollar Upheaval Has Started (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
3rd Massive Dollar Upheaval Has Started (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
3rd Massive Dollar Upheaval Has Started (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
3rd Massive Dollar Upheaval Has Started (Ad)
NASDAQ:BLNK

Blink Charging - BLNK Stock Forecast, Price & News

$23.11
+1.66 (+7.74%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$22.02
$23.55
50-Day Range
$14.24
$24.06
52-Week Range
$13.60
$49.00
Volume
1.46 million shs
Average Volume
996,660 shs
Market Capitalization
$987.72 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.00

Blink Charging MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
25.5% Upside
$29.00 Price Target
Short Interest
Bearish
27.41% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.02mentions of Blink Charging in the last 14 days
Based on 15 Articles This Week
Insider Trading
Acquiring Shares
$109,080 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.43) to ($1.29) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.89 out of 5 stars

Computer And Technology Sector

557th out of 653 stocks

Miscellaneous Transportation Equipment Industry

7th out of 7 stocks

BLNK stock logo

About Blink Charging (NASDAQ:BLNK) Stock

Blink Charging Co., through its subsidiaries, owns, operates, 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 offers property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations; and provides EV drivers with station information, including station location, availability, and applicable fees. In addition, the company provides EV charging hardware, software services, and service plans. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use, municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. The company offers its services through direct sales force and resellers, as well as sells residential Level 2 chargers through various internet channels. As of March 10, 2022, it deployed approximately 30,000 charging ports. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida.

Analyst Ratings Changes

A number of research firms recently issued reports on BLNK. B. Riley began coverage on Blink Charging in a report on Friday, June 17th. They set a "neutral" rating and a $15.00 price objective for the company. Tudor Pickering began coverage on Blink Charging in a report on Thursday, April 21st. They set a "hold" rating and a $24.00 price objective for the company. Tudor, Pickering, Holt & Co. started coverage on Blink Charging in a report on Thursday, April 21st. They set a "hold" rating and a $24.00 price objective for the company. Needham & Company LLC upped their target price on Blink Charging from $25.00 to $27.00 and gave the stock a "buy" rating in a report on Wednesday, June 15th. Finally, Stifel Nicolaus lowered their target price on Blink Charging from $30.00 to $19.00 and set a "hold" rating for the company in a report on Wednesday, June 22nd. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $29.00.

Blink Charging Stock Up 7.8 %

Shares of NASDAQ:BLNK traded up $1.66 during mid-day trading on Wednesday, reaching $23.11. 1,464,223 shares of the company were exchanged, compared to its average volume of 1,238,760. The stock has a market cap of $987.74 million, a price-to-earnings ratio of -15.51 and a beta of 3.37. Blink Charging has a 1 year low of $13.60 and a 1 year high of $49.00. The firm has a 50-day moving average of $18.01 and a 200 day moving average of $20.47.

Blink Charging (NASDAQ:BLNK - Get Rating) last issued its quarterly earnings data on Monday, May 9th. The company reported ($0.36) earnings per share for the quarter, topping analysts' consensus estimates of ($0.40) by $0.04. The firm had revenue of $9.80 million during the quarter, compared to analysts' expectations of $6.81 million. Blink Charging had a negative return on equity of 28.84% and a negative net margin of 220.64%. The firm's quarterly revenue was up 345.5% on a year-over-year basis. During the same period in the prior year, the business posted ($0.18) EPS. On average, equities analysts forecast that Blink Charging will post -1.43 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Jack Levine acquired 6,000 shares of the firm's stock in a transaction that occurred on Friday, June 24th. The stock was purchased at an average cost of $18.18 per share, for a total transaction of $109,080.00. Following the purchase, the director now directly owns 110,996 shares of the company's stock, valued at approximately $2,017,907.28. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 16.90% of the stock is currently owned by company insiders.

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BLNK Stock News Headlines

Blink Charging falls after EBITDA loss widens in Q2
Why Blink Charging Stock Crashed Today
China leads world in public EV charging connectors
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BLNK Company Calendar

Last Earnings
11/11/2021
Today
8/10/2022
Next Earnings (Estimated)
11/10/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Miscellaneous transportation equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:BLNK
Employees
191
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$29.00
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+25.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$-55,120,000.00
Net Margins
-202.20%
Pretax Margin
-220.64%

Debt

Sales & Book Value

Annual Sales
$20.94 million
Book Value
$5.07 per share

Miscellaneous

Free Float
35,518,000
Market Cap
$987.72 million
Optionable
Optionable
Beta
3.36

Key Executives

  • Mr. Michael D. Farkas (Age 50)
    Founder, Chairman & CEO
    Comp: $2.8M
  • Mr. Brendan S. Jones (Age 58)
    Pres, COO & Director
    Comp: $715.31k
  • Mr. Michael P. Rama (Age 56)
    Chief Financial Officer
    Comp: $1M
  • Mr. Harjinder S. Bhade (Age 58)
    Chief Technology Officer
    Comp: $396.35k
  • Mr. Aviv Hillo Adv. (Age 58)
    Esq., Gen. Counsel
    Comp: $458.94k
  • Mr. Michael C. Battaglia
    Sr. VP of Sales & Bus. Devel.
  • Ms. Rebecca Gutierrez
    VP of Marketing
  • Mr. Miko de Haan
    Managing Director of Blink Holdings B.V.
  • Mr. Josh Winkler
    Sr. VP of Product & Technology
  • Mr. Harsha Kollaramajalu
    Exec. VP & Head of Global Manufacturing













BLNK Stock - Frequently Asked Questions

Should I buy or sell Blink Charging stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blink Charging in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BLNK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLNK, but not buy additional shares or sell existing shares.
View BLNK analyst ratings
or view top-rated stocks.

What is Blink Charging's stock price forecast for 2022?

9 brokerages have issued 1 year price targets for Blink Charging's shares. Their BLNK share price forecasts range from $15.00 to $50.00. On average, they anticipate the company's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 25.5% from the stock's current price.
View analysts price targets for BLNK
or view top-rated stocks among Wall Street analysts.

How have BLNK shares performed in 2022?

Blink Charging's stock was trading at $26.51 at the start of the year. Since then, BLNK shares have decreased by 12.8% and is now trading at $23.11.
View the best growth stocks for 2022 here
.

When is Blink Charging's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our BLNK earnings forecast
.

How were Blink Charging's earnings last quarter?

Blink Charging Co. (NASDAQ:BLNK) issued its quarterly earnings results on Thursday, November, 11th. The company reported ($0.36) earnings per share for the quarter, missing the consensus estimate of ($0.24) by $0.12. The firm had revenue of $6.40 million for the quarter, compared to analyst estimates of $4.68 million. Blink Charging had a negative trailing twelve-month return on equity of 28.84% and a negative net margin of 220.64%. During the same period in the previous year, the firm posted ($0.12) EPS.

What other stocks do shareholders of Blink Charging own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blink Charging investors own include NIO (NIO), NVIDIA (NVDA), Workhorse Group (WKHS), Advanced Micro Devices (AMD), Tesla (TSLA), Plug Power (PLUG), Inovio Pharmaceuticals (INO), Sorrento Therapeutics (SRNE), Micron Technology (MU) and QUALCOMM (QCOM).

When did Blink Charging IPO?

(BLNK) raised $23 million in an initial public offering on the week of February 12th 2018. The company issued 4,600,000 shares at a price of $5.00 per share. Joseph Gunnar acted as the underwriter for the IPO and Benchmark and Dawson James Securities were co-managers.

What is Blink Charging's stock symbol?

Blink Charging trades on the NASDAQ under the ticker symbol "BLNK."

Who are Blink Charging's major shareholders?

Blink Charging's stock is owned by a variety of institutional and retail investors. Top institutional investors include Walleye Trading LLC (0.00%), Versor Investments LP (0.14%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (0.09%), Vontobel Holding Ltd. (0.08%), Cambridge Investment Research Advisors Inc. (0.07%) and Commonwealth Equity Services LLC (0.07%). Insiders that own company stock include Donald Engel, Jack Levine, Kenneth R Marks and Michael D Farkas.
View institutional ownership trends
.

How do I buy shares of Blink Charging?

Shares of BLNK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Blink Charging's stock price today?

One share of BLNK stock can currently be purchased for approximately $23.11.

How much money does Blink Charging make?

Blink Charging (NASDAQ:BLNK) has a market capitalization of $987.74 million and generates $20.94 million in revenue each year. The company earns $-55,120,000.00 in net income (profit) each year or ($1.49) on an earnings per share basis.

How many employees does Blink Charging have?

The company employs 191 workers across the globe.

How can I contact Blink Charging?

Blink Charging's mailing address is 407 LINCOLN ROAD, MIAMI BEACH FL, 33139. The official website for the company is www.blinkcharging.com. The company can be reached via phone at (305) 521-0200, via email at ir@blinkcharging.com, or via fax at 305-521-0201.

This page (NASDAQ:BLNK) was last updated on 8/11/2022 by MarketBeat.com Staff

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