Blink Charging Co (BLNK) AI Stock Analysis

• Market Cap: $184.45M
• Dividend Yield: N/A
• Average Volume (3M): 6.18M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.38
• Revenue Growth: -33.22%
• EPS Growth: 9.59%
• Country: US
• Employees: 542
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): -0.31
• Shares Outstanding: 114,567,270
• 10 Day Avg. Volume: 3,978,787
• 30 Day Avg. Volume: 6,179,453
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.44
• Enterprise Value/Revenue: 0.78
• Enterprise Value/Gross Profit: 3.24
• Enterprise Value/Ebitda: -0.41
• 1Y Price Target: $3.00
• Price Target Upside: 86.34% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 48 Neutral
• Price Target: $2.00 ▲(24.22% Upside)

Blink Charging Co's overall stock score is primarily impacted by significant financial challenges, including declining revenue growth and profitability issues. While the earnings call provided some positive developments, such as revenue growth and strategic initiatives, these are overshadowed by ongoing financial difficulties and valuation concerns. Technical indicators suggest mixed signals, with potential short-term bullishness but underlying weaknesses.

Positive Factors

Strategic Acquisitions

The acquisition of Zemetric enhances Blink's product offerings and technology capabilities, positioning the company to better serve fleet, multifamily, and commercial applications, thus strengthening its competitive edge in the EV charging market.

UK Expansion

Blink's selection by Bradford Council for the LEVI program signifies a strategic expansion into the UK market, enhancing its international presence and aligning with government-backed initiatives for sustainable transport infrastructure.

Service Revenue Growth

Significant growth in service revenue reflects increased charger utilization and expansion of Blink-owned assets, indicating strong demand and effective monetization of its charging network, supporting long-term revenue stability.

Negative Factors

Declining Year-Over-Year Revenue

The decline in year-over-year revenue suggests challenges in maintaining consistent sales growth, which could impact the company's ability to scale and achieve profitability in the long term.

Negative Cash Flow

Persistent negative operating cash flow indicates difficulties in covering expenses and generating sufficient cash from operations, potentially limiting Blink's ability to invest in growth and manage financial obligations.

Increased Operating Expenses

Rising operating expenses, including significant noncash charges, could pressure profit margins and hinder Blink's efforts to achieve cost efficiency and profitability, impacting its financial health over time.

Blink Charging Co Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Blink Charging Co generates revenue through multiple streams. The primary sources include the sale of EV charging equipment and hardware to businesses and municipalities, alongside installation services. Additionally, the company earns revenue from its network of charging stations through a subscription model and transaction fees collected from users who charge their vehicles at Blink stations. Blink also engages in partnerships with various businesses, including retail locations, parking garages, and fleet operators, to expand its charging infrastructure and user base. These collaborations not only enhance visibility and accessibility but also create additional revenue opportunities through co-branding and shared operational costs.

Blink Charging Co Financial Statement Overview

Summary

Blink Charging Co faces significant financial challenges, with declining revenue growth, persistent profitability issues, and negative cash flows. Despite a low debt-to-equity ratio, the negative return on equity and ongoing cash flow difficulties highlight the need for strategic improvements.

Income Statement

Blink Charging Co has experienced a decline in revenue growth, with a negative growth rate of -4.27% in the TTM period. The company shows a consistent pattern of negative net profit margins, indicating ongoing challenges in achieving profitability. Gross profit margins have slightly decreased over time, reflecting potential cost management issues. Overall, the income statement reveals significant profitability challenges and declining revenue trends.

Balance Sheet

The company's debt-to-equity ratio remains low at 0.10, suggesting limited leverage and a conservative capital structure. However, the return on equity is significantly negative, indicating that the company is not generating positive returns on shareholder investments. The equity ratio is relatively stable, but the negative ROE highlights ongoing profitability challenges.

Cash Flow

Blink Charging Co's cash flow statement shows a slight improvement in free cash flow growth, but operating cash flow remains negative. The free cash flow to net income ratio is above 1, indicating that the company is generating more free cash flow relative to its net income, which is a positive sign. However, the negative operating cash flow coverage ratio suggests difficulties in covering net income with operating cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	103.69M	126.20M	140.60M	61.14M	20.94M	6.23M
Gross Profit	25.01M	40.78M	-62.78M	-53.23M	4.37M	-11.54M
EBITDA	-199.01M	-183.58M	-184.08M	-80.18M	-52.94M	-17.13M
Net Income	-213.57M	-198.13M	-203.69M	-91.56M	-55.12M	-17.85M
Balance Sheet
Total Assets	168.42M	217.99M	428.52M	362.54M	231.91M	34.55M
Cash, Cash Equivalents and Short-Term Investments	25.32M	55.40M	121.69M	36.56M	174.79M	22.34M
Total Debt	9.57M	10.77M	17.94M	5.49M	2.09M	1.56M
Total Liabilities	97.67M	99.29M	139.12M	101.58M	18.08M	7.39M
Stockholders Equity	70.75M	118.70M	289.40M	260.96M	213.83M	27.16M
Cash Flow
Free Cash Flow	-53.74M	-55.78M	-106.15M	-87.91M	-47.87M	-20.62M
Operating Cash Flow	-49.95M	-47.16M	-97.57M	-82.36M	-40.57M	-18.07M
Investing Cash Flow	22.99M	4.15M	-36.21M	-57.44M	-30.45M	260.00K
Financing Cash Flow	1.93M	-12.42M	197.31M	6.39M	223.27M	36.06M

Blink Charging Co Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.61
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BLNK, the sentiment is Neutral. The current price of 1.61 is below the 20-day moving average (MA) of 1.99, above the 50-day MA of 1.58, and above the 200-day MA of 1.10, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 42.95 is Neutral, neither overbought nor oversold. The STOCH value of 6.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BLNK.

Blink Charging Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FIX	―	$33.98B	42.80	43.84%	0.21%	27.71%	80.54%
STRL	―	$11.53B	41.21	36.72%	―	3.31%	76.94%
WLDN	―	$1.35B	38.40	14.68%	―	13.82%	96.16%
AMRC	―	$2.05B	33.48	6.36%	―	22.85%	8.26%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BLNK	―	$184.45M	-0.77	-122.34%	―	-33.22%	9.59%

Blink Charging Co Corporate Events

Blink Charging Co Regains Nasdaq Compliance

On September 11, 2025, Blink Charging Co. announced that it regained compliance with Nasdaq’s minimum bid price requirement, as confirmed by a formal notice from Nasdaq on September 9, 2025. This development closes the matter regarding the company’s previous non-compliance, potentially stabilizing its market position and reassuring stakeholders about its continued listing on the Nasdaq Capital Market.

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.

Blink Charging Co Releases Investor Presentation at Conference

On September 9, 2025, Blink Charging Co made an investor presentation available on its website, which will be used in future investor communications and conferences. The presentation was part of the H.C. Wainwright 27th Global Investment Conference. The company emphasizes that the information provided is not to be considered as filed under the Securities Exchange Act of 1934 and is not subject to associated liabilities. The presentation includes forward-looking statements reflecting management’s expectations and assumptions about future performance, which are subject to risks and uncertainties.

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.

Blink Charging Co Receives Preliminary Settlement Approval

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.

Blink Charging’s Earnings Call: Growth Amid Challenges

The recent earnings call for Blink Charging presented a mixed sentiment, reflecting both positive strides and ongoing challenges. While the company celebrated strong growth in service revenues, a strategic acquisition, and the resolution of liabilities with Envoy, these achievements were tempered by declining year-over-year revenues, significant noncash charges, increased operating expenses, and a notable cash burn. Despite sequential improvements, financial hurdles remain apparent.

Blink Charging Co Amends Merger Agreement with Envoy

On August 4, 2025, Blink Charging Co‘s subsidiary, Envoy Technologies, amended its merger agreement with Envoy Mobility and Fortis Advisors. The amendment resolves the company’s payment obligations to Envoy Technologies’ former equityholders through a $10 million stock issuance and $11 million in warrants. The warrants, exercisable at $0.01 per share, have specific vesting conditions based on stock price achievements. This strategic move aims to strengthen Blink Charging Co’s financial position and streamline its operations, potentially enhancing its market competitiveness.

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.

Blink Charging Reports Strong Revenue Growth in Q2 2025

Blink Charging Co., a leading provider of electric vehicle (EV) charging equipment and services, operates globally to facilitate the transition to electric transportation through innovative solutions. In the second quarter of 2025, Blink Charging reported a 38% sequential increase in total revenues, reaching $28.7 million, despite a year-over-year decline. The company also highlighted a significant 73% growth in product revenues compared to the previous quarter. Key strategic moves included the acquisition of Zemetric, Inc., which is expected to enhance Blink’s product offerings and technological capabilities. Additionally, Blink reached an agreement with Envoy Technologies’ former shareholders, releasing the company from payment obligations in exchange for stock and performance-based warrants. Looking ahead, Blink Charging anticipates continued revenue growth in the latter half of 2025, driven by increased utilization of its charging infrastructure and rising energy prices. The company remains focused on operational efficiency and cost management to strengthen its business model and move towards profitability.

Blink Charging Co. Delays Quarterly Report Filing

Blink Charging Co. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The primary reason for the delay is the additional time required to complete documentation in the financial statement close process. The company anticipates filing the report within the five-day extension period allowed under Rule 12b-25. Blink Charging Co. does not expect any significant changes in financial results from the corresponding period last year. The notification is signed by Michael Bercovich, the Chief Financial Officer, who assures ongoing compliance efforts.

The most recent analyst rating on (BLNK) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Blink Charging Co stock, see the BLNK Stock Forecast page.

Blink Charging Co Amends Merger Agreement with Envoy

On August 4, 2025, Blink Charging Co.’s subsidiary, Envoy Technologies, amended its merger agreement with Envoy Mobility, releasing Blink from all payment obligations and liabilities to Envoy’s former equityholders. This was achieved through the issuance of $10 million in common stock and $11 million in warrants, with vesting conditions tied to specific stock price achievements. The amendment also includes a 120-day leak-out period for the issued shares and warrants, and registration rights for the former equityholders. Blink announced this agreement on August 6, 2025, signaling a strategic move to satisfy liabilities and potentially strengthen its market position.

The most recent analyst rating on (BLNK) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Blink Charging Co stock, see the BLNK Stock Forecast page.