Blink Charging Co (BLNK) AI Stock Analysis

• Market Cap: $150.08M
• Dividend Yield: N/A
• Average Volume (3M): 3.28M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.19
• 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: 114,567,270
• 10 Day Avg. Volume: 2,441,400
• 30 Day Avg. Volume: 3,277,623
• 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: 1.09
• 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): -0.8
• Revenue Forecast (FY): $110.79M

• Rating: 46 Neutral
• Price Target: $1.50 ▲(6.38% Upside)

Blink Charging Co's overall stock score reflects significant financial challenges, with ongoing losses and negative returns on equity. While the earnings call provided some positive insights into strategic initiatives and revenue growth, the technical indicators and valuation metrics remain concerning. The company's focus on cost reduction and strategic shifts are promising, but substantial risks remain.

Positive Factors

Service Revenue Growth

The strong growth in service revenue indicates a successful shift towards higher-margin services, enhancing long-term profitability and stability.

Operating Expense Reduction

The reduction in operating expenses demonstrates effective cost management, supporting sustainable profitability and cash flow improvements.

DC Fast Charger Revenue Growth

Significant growth in DC fast charger revenue highlights the company's strong position in the fast-growing EV charging market, driving future revenue.

Negative Factors

Negative Profit Margins

Persistently negative profit margins indicate ongoing operational challenges, potentially hindering long-term financial health and investor confidence.

Cash and Cash Equivalents Decline

The significant decline in cash reserves could limit the company's ability to invest in growth opportunities and manage unexpected expenses.

Revenue Timing Issues

Revenue timing issues can lead to unpredictability in financial performance, affecting strategic planning and investor perceptions of stability.

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 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: 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 Negative. The current price of 1.41 is below the 20-day moving average (MA) of 1.51, below the 50-day MA of 1.71, and above the 200-day MA of 1.12, indicating a neutral trend. The MACD of -0.11 indicates Positive momentum. The RSI at 35.98 is Neutral, neither overbought nor oversold. The STOCH value of 16.98 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%
ADSE	48 Neutral	$559.37M	-7.32	―	―	-69.30%	9.90%
EVGO	47 Neutral	$902.39M	―	―	―	39.21%	9.08%
BLNK	46 Neutral	$150.08M	―	-88.52%	―	-23.14%	14.29%
BEEM	40 Neutral	$39.86M	-1.47	-80.33%	―	-54.56%	-133.60%
WBX	39 Underperform	$58.32M	―	-184.98%	―	-11.22%	6.15%
CHPT	38 Underperform	$176.78M	―	-176.08%	―	-9.95%	39.66%

Blink Charging Co Corporate Events

Blink Charging’s Earnings Call Highlights Strategic Growth

Blink Charging’s recent earnings call painted a picture of a company making significant strides towards profitability, despite facing some challenges. The sentiment was largely positive, driven by strong service revenue growth and improved gross margins. The company has successfully reduced operating expenses and cash burn, which supports its strategic transformation initiatives. However, product revenues remained flat, and timing issues in Europe affected revenue recognition. Nonetheless, the positive aspects, particularly the growth in DC fast charger revenue, overshadowed the negatives.

Blink Charging Reports Revenue Growth and Strategic Progress

Blink Charging Co. is a global leader in electric vehicle charging equipment and services, providing innovative solutions for drivers, hosts, and fleets to transition to electric transportation. In its third quarter of 2025, Blink Charging reported a 7.3% increase in total revenues year-over-year, reaching $27 million, with a notable 35.5% rise in service revenues driven by increased charger utilization. The company also improved its gross margin to 35.8% and significantly reduced its operating cash burn by 87% sequentially. Key strategic moves included a transition to contract manufacturing and ongoing efforts to integrate crypto payments by year-end. Blink’s management highlighted the successful execution of its BlinkForward strategy, which focuses on simplifying operations, reducing costs, and achieving profitability. Looking ahead, Blink Charging anticipates continued revenue growth and momentum in the fourth quarter of 2025, supported by its strategic initiatives and operational discipline.

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.

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.