Blink Charging Co ( (BLNK) ) has shared an update.
On April 2, 2025, Blink Charging Co. received a notification from Nasdaq indicating non-compliance with the periodic financial reporting requirements due to the late filing of its Form 10-K for the year ended December 31, 2024. The company has 60 days to submit a plan to regain compliance, potentially receiving an extension until September 29, 2025, if accepted. Blink is working diligently to complete and file the Form 10-K promptly to meet Nasdaq’s requirements.
Spark’s Take on BLNK Stock
According to Spark, TipRanks’ AI Analyst, BLNK is a Neutral.
Blink Charging Co. shows potential with strong revenue growth and strategic corporate events, such as appointing a new CEO and resolving an SEC investigation. However, ongoing profitability and cash flow challenges, coupled with a negative P/E ratio, weigh heavily on the stock’s overall attractiveness.
To see Spark’s full report on BLNK stock, click here.
More about Blink Charging Co
Blink Charging Co. (Nasdaq: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and fleets to transition to electric transportation through innovative charging solutions easily. Blink’s principal line of products and services include Blink’s EV charging network, EV charging equipment, and EV charging services. The Blink Network utilizes proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. Blink has established key strategic collaborations for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs.
YTD Price Performance: -44.67%
Average Trading Volume: 3,920,619
Technical Sentiment Signal: Strong Buy
Current Market Cap: $83.74M
See more data about BLNK stock on TipRanks’ Stock Analysis page.