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Blink Charging Co ( (BLNK) ) has shared an update.
On August 15, 2025, the Clark County, Nevada District Court granted preliminary approval for a proposed settlement of a derivative action involving Blink Charging Co. The settlement, pending final court approval, includes corporate governance reforms and payment of attorneys’ fees and expenses totaling $553,750, which will be covered by the company’s insurer. This settlement resolves claims of breach of fiduciary duties and other allegations against Blink’s board members and former CFO, related to statements made in a securities class action. The defendants deny any wrongdoing, and no monetary payment is required from them as part of the settlement.
The most recent analyst rating on (BLNK) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Blink Charging Co stock, see the BLNK Stock Forecast page.
Spark’s Take on BLNK Stock
According to Spark, TipRanks’ AI Analyst, BLNK is a Neutral.
Blink Charging Co’s overall stock score reflects significant financial challenges, including declining revenue and profitability issues. While there are positive aspects such as strategic initiatives and some technical stability, the negative valuation metrics and financial performance weigh heavily on the score.
To see Spark’s full report on BLNK stock, click here.
More about Blink Charging Co
Blink Charging Co., a Nevada corporation headquartered in Maryland, specializes in owning, operating, and providing electric vehicle charging equipment and networked electric vehicle charging services primarily in the U.S. through its wholly-owned subsidiaries.
Average Trading Volume: 3,430,411
Technical Sentiment Signal: Sell
Current Market Cap: $123.6M
For detailed information about BLNK stock, go to TipRanks’ Stock Analysis page.