Blink Charging Co (BLNK) AI Stock Analysis

• Market Cap: $142.41M
• Dividend Yield: N/A
• Average Volume (3M): 3.12M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.57
• 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: 104,714,300
• 10 Day Avg. Volume: 3,225,901
• 30 Day Avg. Volume: 3,119,915
• 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: 0.57
• Enterprise Value/Revenue: 0.78
• Enterprise Value/Gross Profit: 3.24
• Enterprise Value/Ebitda: -0.41
• 1Y Price Target: $2.33
• Price Target Upside: 64.08% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 47 Neutral
• Price Target: $1.00 ▼(-29.58% Downside)

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.

Positive Factors

Strategic Partnerships

The partnership with Nexxtlab enhances Blink's capabilities in energy management for EV fleets, supporting long-term growth and market expansion in Europe.

Revenue Growth

Strong sequential revenue growth indicates robust demand for Blink's products and services, suggesting potential for sustained market expansion.

Debt Management

Operating without debt provides financial flexibility and reduces risk, supporting long-term strategic initiatives and stability.

Negative Factors

Declining Revenue

Year-over-year revenue decline highlights challenges in sustaining growth, potentially impacting long-term financial health and market position.

Profitability Challenges

Ongoing profitability issues indicate difficulties in cost management and achieving sustainable margins, which could hinder long-term viability.

Cash Burn

Significant cash burn reduces financial reserves, limiting the company's ability to invest in growth and weather economic downturns.

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, operating primarily in the clean energy sector. The company designs, manufactures, and deploys a robust network of EV charging stations across various locations, including commercial, residential, and public areas. Blink aims to facilitate the transition to sustainable transportation through its innovative charging solutions, which include Level 2 and DC fast chargers, as well as a comprehensive software platform that supports charging station management and user engagement.

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: Positive
• Last Price: 1.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BLNK, the sentiment is Positive. The current price of 1.42 is above the 20-day moving average (MA) of 1.15, above the 50-day MA of 1.05, and above the 200-day MA of 1.06, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 73.35 is Negative, neither overbought nor oversold. The STOCH value of 85.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BLNK.

Blink Charging Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FIX	81 Outperform	26.92B	39.21	35.12%	0.21%	26.33%	63.32%
WLDN	80 Outperform	1.50B	44.12	13.22%	―	13.82%	96.16%
STRL	73 Outperform	9.76B	37.90	32.32%	―	3.31%	76.94%
AMRC	68 Neutral	1.53B	26.86	5.62%	―	22.85%	8.26%
BLNK	47 Neutral	$142.41M	―	-122.34%	―	-33.22%	9.59%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Blink Charging Co Corporate Events

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.

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.

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.

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.

Blink Charging Co Holds Annual Stockholders Meeting

On June 26, 2025, Blink Charging Co held its Annual Meeting of Stockholders, where several key proposals were voted on. The stockholders elected five directors to the board for a one-year term, approved executive compensation on a non-binding basis, and ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the year ending December 31, 2025. These decisions reflect the company’s ongoing governance and financial oversight strategies.