Blink Charging Co (BLNK) AI Stock Analysis

• Market Cap: $105.94M
• Dividend Yield: N/A
• Average Volume (3M): 5.44M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.23
• 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: 11,943,772
• 30 Day Avg. Volume: 5,441,955
• PEG Ratio: 0.02
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 1.11
• P/FCF Ratio: -2.51
• Enterprise Value/Market Cap: 1.55
• Enterprise Value/Revenue: 1.54
• Enterprise Value/Gross Profit: 5.91
• Enterprise Value/Ebitda: -1.46
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): -0.76
• Revenue Forecast (FY): $104.90M

• Rating: 46 Neutral
• Price Target: $0.76 ▼(-45.96% Downside)

Blink Charging Co's overall stock score reflects significant financial challenges and bearish technical indicators. However, strategic initiatives and positive earnings call highlights provide some optimism for future improvements. The company's valuation remains a concern due to ongoing losses and lack of profitability.

Positive Factors

Service Revenue Growth

The significant growth in service revenue indicates strong demand for Blink's network and services, enhancing long-term revenue stability and market position.

Gross Margin Improvement

Improved gross margins reflect effective cost management and focus on high-margin opportunities, contributing to sustainable profitability.

DC Fast Charger Revenue Growth

The substantial increase in DC fast charger revenue underscores Blink's competitive edge in a rapidly growing segment, bolstering future growth prospects.

Negative Factors

Negative Profit Margins

Persistently negative profit margins highlight ongoing operational challenges and the need for strategic improvements to achieve profitability.

Declining Cash and Cash Equivalents

The significant decline in cash reserves may limit Blink's ability to invest in growth initiatives and manage financial obligations, affecting long-term stability.

Product Revenue Decline

Flat product revenues suggest challenges in product sales growth, potentially impacting overall revenue diversification and market competitiveness.

Blink Charging Co Business Overview & Revenue Model

Company Description

Blink Charging Co (BLNK) is a leading provider of electric vehicle (EV) charging equipment and services. The company operates in the clean energy sector, focusing on the development, manufacturing, and deployment of EV charging stations and related infrastructure. Blink offers a range of products, including Level 2 chargers and DC fast chargers, along with a comprehensive network of charging stations that cater to both commercial and residential customers. With a commitment to promoting sustainable transportation and reducing carbon emissions, Blink plays a vital role in the growing EV market.

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

Blink Charging Co faces significant financial challenges with persistent losses, declining profitability, and negative returns on equity. Despite low leverage, the inability to generate positive cash flow and returns on investment poses substantial risks. The financial statements reflect a need for strategic improvements to enhance profitability and cash generation.

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: 1.41
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• 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 1.41 is above the 20-day moving average (MA) of 1.03, above the 50-day MA of 1.40, and above the 200-day MA of 1.12, indicating a bearish trend. The MACD of -0.19 indicates Positive momentum. The RSI at 25.27 is Positive, neither overbought nor oversold. The STOCH value of 1.98 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	$970.15M	-8.30	―	―	39.21%	9.08%
CHPT	48 Neutral	$172.67M	-0.68	-219.20%	―	-6.32%	28.82%
ADSE	48 Neutral	$747.32M	-9.16	―	―	-69.30%	9.90%
BLNK	46 Neutral	$105.94M	-0.58	-88.52%	―	-23.14%	14.29%
WBX	41 Neutral	$41.29M	-0.27	-184.98%	―	-11.22%	6.15%
BEEM	40 Neutral	$33.11M	-0.88	-80.33%	―	-54.56%	-133.60%

Blink Charging Co Corporate Events

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.

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.