Blink Charging Co (BLNK) AI Stock Analysis

• Market Cap: $100.29M
• Dividend Yield: N/A
• Average Volume (3M): 3.61M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.11
• Revenue Growth: -23.14%
• EPS Growth: 14.29%
• Country: US
• Employees: 542
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.00
• Shares Outstanding: 141,252,730
• 10 Day Avg. Volume: 2,470,462
• 30 Day Avg. Volume: 3,614,799
• PEG Ratio: 0.02
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 1.13
• P/FCF Ratio: -2.51
• Enterprise Value/Market Cap: 0.59
• Enterprise Value/Revenue: 0.55
• Enterprise Value/Gross Profit: 2.12
• Enterprise Value/Ebitda: -0.52
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: $0.74 ▼(-19.67% Downside)

The score is held down primarily by weak financial performance (large losses, deteriorating TTM gross margin, negative ROE, and negative operating/free cash flow) and bearish technicals (price below major moving averages with negative MACD). The earnings call provides some offset through credible cost reductions and improving operational metrics, but the Nasdaq bid-price deficiency adds meaningful downside risk, and valuation offers limited support given negative earnings.

Positive Factors

Service revenue growth

Sustained 36% YoY service revenue growth shifts Blink toward higher‑margin, recurring income tied to network and maintenance contracts. This recurring service mix improves revenue visibility and supports unit economics over time, helping stabilize cash generation as hardware sales remain cyclical.

Gross margin improvement and cost cuts

A near 36% gross margin and sustained opex reductions indicate operational leverage beginning to materialize. Lower operating costs and improved gross margins create a clearer path to profitability, reduce structural cash burn, and increase the likelihood that future revenue growth converts to positive EBITDA.

Capital raise for DC fast charger expansion

A targeted capital raise earmarked for DC fast charger expansion provides growth capital for the highest‑growth, higher‑revenue segment. Combined with the strategy to outsource manufacturing, this bolsters scale for fast‑charging network rollouts and reduces capital intensity of hardware production.

Negative Factors

Persistent losses and negative ROE

A deeply negative ROE signals the company is destroying shareholder capital and not generating adequate returns from invested equity. Persistent operating losses imply continued external funding needs and constrain strategic options, undermining long‑term investor confidence and capital efficiency.

Weak cash flow and shrinking cash balance

Negative operating cash flow and a >50% decline in cash reserves create runway pressure and increase reliance on external financing. Even with reduced cash burn, structural cash generation remains weak, elevating dilution risk and limiting the firm's ability to self‑fund network expansion or absorb demand shocks.

Product revenue stagnation and timing risk

Flat product sales and project timing variability reduce revenue predictability and highlight execution risks in international rollouts. Reliance on uneven project recognition hampers scaling of hardware revenue, forcing heavier dependence on services until product demand and delivery cadence stabilize.

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 primarily generates revenue through the sale and installation of its EV charging equipment, including both hardware and software solutions. Key revenue streams include the direct sale of charging stations to businesses and municipalities, ongoing service contracts for maintenance and support, and subscription fees from users of its charging network. Additionally, the company benefits from partnerships with various stakeholders, including property owners, fleet operators, and automotive manufacturers, which help expand its charging infrastructure and increase utilization rates. The growth in electric vehicle adoption and the increasing demand for charging solutions also contribute significantly to Blink's revenue potential.

Blink Charging Co Financial Statement Overview

Summary

Financial results remain weak: persistent heavy losses (TTM net margin -205.97%, EBIT margin -203.91%), declining gross margin (32.32% in 2024 to 24.12% TTM), and deeply negative ROE (-175.57%). Low leverage (debt-to-equity 0.135) helps, but operating and free cash flow are still negative despite some improvement in free cash flow growth.

Income Statement

Blink Charging Co's income statement reveals a challenging financial position with negative net profit margins and EBIT margins over the periods analyzed. The TTM data shows a slight revenue growth of 2.73%, but the company continues to face significant losses, with a net profit margin of -205.97% and an EBIT margin of -203.91%. The gross profit margin has decreased from 32.32% in 2024 to 24.12% in the TTM, indicating declining profitability. Overall, the income statement reflects ongoing operational challenges and profitability issues.

Balance Sheet

The balance sheet of Blink Charging Co shows a relatively low debt-to-equity ratio of 0.135 in the TTM, suggesting conservative leverage. However, the return on equity is significantly negative at -175.57%, indicating that the company is not generating returns on shareholder investments. The equity ratio stands at 53.01%, reflecting a moderate level of equity financing. Despite low leverage, the negative ROE highlights the company's struggle to achieve profitability.

Cash Flow

The cash flow statement indicates negative operating and free cash flows, with a slight improvement in free cash flow growth at 21.31% in the TTM. The operating cash flow to net income ratio is -0.86, and the free cash flow to net income ratio is 1.08, suggesting that the company is not generating sufficient cash from operations to cover its net losses. The cash flow position remains weak, with ongoing challenges in achieving positive cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	106.35M	124.49M	140.13M	60.84M	20.54M	6.21M
Gross Profit	27.70M	39.08M	39.74M	14.51M	2.44M	1.50M
EBITDA	-112.12M	-183.58M	-186.21M	-80.18M	-52.94M	-17.13M
Net Income	-126.26M	-198.13M	-203.69M	-91.56M	-55.12M	-17.85M
Balance Sheet
Total Assets	171.28M	217.99M	428.52M	362.54M	231.91M	33.99M
Cash, Cash Equivalents and Short-Term Investments	23.11M	55.40M	121.69M	36.56M	174.79M	22.34M
Total Debt	8.02M	10.77M	17.94M	5.49M	2.09M	1.56M
Total Liabilities	80.50M	99.29M	139.12M	101.58M	18.08M	6.82M
Stockholders Equity	90.78M	118.70M	289.40M	260.96M	213.83M	27.16M
Cash Flow
Free Cash Flow	-47.34M	-55.78M	-106.15M	-87.91M	-47.87M	-20.62M
Operating Cash Flow	-43.87M	-47.16M	-97.57M	-82.36M	-40.57M	-18.07M
Investing Cash Flow	25.05M	4.15M	-36.21M	-57.44M	-30.45M	260.24K
Financing Cash Flow	2.18M	-12.42M	197.31M	6.39M	223.27M	36.06M

Blink Charging Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.92
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 0.92 is above the 20-day moving average (MA) of 0.82, below the 50-day MA of 0.93, and below the 200-day MA of 1.11, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 37.52 is Neutral, neither overbought nor oversold. The STOCH value of 8.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BLNK.

Blink Charging Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
EVGO	51 Neutral	$927.03M	-7.85	―	―	39.21%	9.08%
ADSE	48 Neutral	$725.68M	-7.88	―	―	-69.30%	9.90%
CHPT	44 Neutral	$141.68M	-0.54	-219.20%	―	-6.32%	28.82%
BLNK	43 Neutral	$100.29M	-0.57	-88.52%	―	-23.14%	14.29%
WBX	43 Neutral	$42.44M	-0.28	-184.98%	―	-11.22%	6.15%
BEEM	42 Neutral	$30.45M	-0.83	-80.33%	―	-54.56%	-133.60%

Blink Charging Co Corporate Events

Blink Charging Receives Nasdaq Notice Over Minimum Bid Price

On January 26, 2026, Blink Charging Co. disclosed that it had received a deficiency notice from Nasdaq after its common stock traded below the minimum bid price of $1.00 for 30 consecutive business days, putting the company out of compliance with Nasdaq’s listing standards. The notice does not immediately affect Blink’s Nasdaq Capital Market listing, and the company has until July 27, 2026, to regain compliance by maintaining a closing bid price at or above $1.00 for at least ten consecutive business days, with the possibility of an additional 180-day period if certain other listing criteria are met. Blink plans to monitor its share price and evaluate options to restore compliance; failure to do so could ultimately result in delisting from Nasdaq and a move to trading on an OTC marketplace, a scenario that may impact liquidity and visibility for shareholders.

The most recent analyst rating on (BLNK) stock is a Hold with a $0.89 price target. To see the full list of analyst forecasts on Blink Charging Co stock, see the BLNK Stock Forecast page.

Blink Charging Co Announces Public Stock Offering

On December 10, 2025, Blink Charging Co. announced a public offering of 26,666,666 shares of its common stock at $0.75 per share, with the closing expected on December 12, 2025. The offering aims to raise approximately $20 million in gross proceeds, which the company plans to use to expand its DC Fast Charging network and support working capital and corporate needs. Company insiders, including the CEO and CFO, participated in the offering, purchasing shares at the same price as other investors. The company engaged H.C. Wainwright & Co. and Roth Capital Partners as co-placement agents, agreeing to pay them a cash fee and issue warrants for their services. The offering includes customary conditions and restrictions on further stock issuance for 90 days post-closing.

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 Settles Nevada Derivative Action

On October 29, 2025, the Clark County, Nevada District Court approved a settlement for the derivative action involving Blink Charging Co., dismissing the Nevada Action and related claims with prejudice. The settlement resolves litigation against current and former Blink Charging officers and directors without any admission of liability, reducing litigation risk and requiring plaintiffs to dismiss the Florida Action by December 2, 2025.

The most recent analyst rating on (BLNK) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Blink Charging Co stock, see the BLNK Stock Forecast page.