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Blink Charging Co (BLNK)
NASDAQ:BLNK
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Blink Charging Co
(NASDAQ:BLNK)
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Rating:46Neutral
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.
Blink Charging Co (BLNK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$115.25M
Dividend YieldN/A
Average Volume (3M)4.97M
Price to Earnings (P/E)―
Beta (1Y)1.26
Revenue Growth-23.14%
EPS Growth14.29%
CountryUS
Employees542
SectorN/A
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.00
Shares Outstanding141,252,730
10 Day Avg. Volume10,702,081
30 Day Avg. Volume4,966,525
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)1.18
Price to Sales (P/S)1.11
P/FCF Ratio-2.51
Enterprise Value/Market Cap1.42
Enterprise Value/Revenue1.54
Enterprise Value/Gross Profit5.91
Enterprise Value/Ebitda-1.46
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-0.76
Revenue Forecast (FY)$104.90M
Blink Charging Co Business Overview & Revenue Model
Company DescriptionBlink 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 MoneyBlink 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 Earnings Call Summary
Earnings Call Date:Nov 06, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Mar 12, 2026
Earnings Call Sentiment Positive
Blink Charging demonstrated strong performance with significant service revenue growth and improvement in gross margins. The company successfully reduced operating expenses and cash burn, supporting their path to profitability. However, product revenues remained flat, and there were timing issues affecting revenue recognition in Europe. Despite these challenges, the positive aspects of the call outweigh the negative, particularly the strategic transformation initiatives and DC fast charger revenue growth.Q3-2025 Updates
Positive Updates
Service Revenue Growth
Service revenue reached a record $11.9 million, up 36% year-over-year, reflecting the continued strength of Blink's network and Blink-owned asset portfolio.
Gross Margin Improvement
Achieved gross margins of 35.8%, supported by services revenue growth and focus on higher-margin product opportunities and disciplined pricing.
Operating Expense Reduction
Operating expenses reduced by 15% year-over-year, dropping from $27.9 million in Q3 2024 to $23.6 million in Q3 2025.
Cash Burn Reduction
Reduced cash burn in Q3 by 87% to $2.2 million sequentially, the lowest level in more than 3 years.
DC Fast Charger Revenue Growth
More than 300% year-over-year growth in DC fast charger revenue from Blink-owned sites.
Negative Updates
Product Revenue Decline
Product revenues were $13 million compared to $13.5 million in the third quarter of 2024, remaining relatively flat year-over-year.
Revenue Timing Issues
Due to timing issues mainly in Europe, a number of projects and revenue shifted into Q4, affecting total revenue recognition for Q3.
Cash and Cash Equivalents Decline
Cash and cash equivalents totaled $23.1 million as of September 30, 2025, compared to $55 million as of December 31, 2024.
Company Guidance
During Blink Charging's Third Quarter 2025 Earnings Call, the company provided a comprehensive update on its strategic initiatives aimed at accelerating profitability and sustainable growth. The "Blink Forward" initiative has been instrumental in identifying and eliminating approximately $13 million in annualized operating expenses. In a strategic shift, Blink is exiting in-house manufacturing to focus on service revenue growth, leveraging third-party manufacturers for hardware production. The company reported a 7.3% year-over-year increase in total revenue to $27 million and a significant improvement in gross margins, which reached nearly 36%. Service revenue hit a record $11.9 million, up 36% from the previous year, with a notable 48% growth in charging revenue and over 300% growth in DC fast charger revenue from Blink-owned sites. Operating expenses were reduced by 26% year-over-year, contributing to an 87% reduction in cash burn. Blink also emphasized its focus on quality revenue and improved working capital practices, reporting significant advancements in both areas. Looking ahead, Blink expects continued sequential revenue growth in the second half of 2025, further cost optimizations, and stabilization of the EV market by mid-2026.Blink Charging Co Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
45
Neutral
Cash Flow
40
Negative
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Blink Charging Co Technical Analysis
Negative
1.41
Price Trends
1.51
Negative
1.38
Negative
1.13
Negative
Market Momentum
-0.19
Positive
25.75
Positive
3.73
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 1.14, below the 50-day MA of 1.51, and above the 200-day MA of 1.13, indicating a bearish trend. The MACD of -0.19 indicates Positive momentum. The RSI at 25.75 is Positive, neither overbought nor oversold. The STOCH value of 3.73 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
UnderperformOutperform
Sector (―)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | ― | ― | ― | ― | ― | ― | |
51 Neutral | $957.83M | -7.80 | ― | ― | 39.21% | 9.08% | |
48 Neutral | $180.00M | -0.71 | -219.20% | ― | -6.32% | 28.82% | |
48 Neutral | $728.08M | -8.58 | ― | ― | -69.30% | 9.90% | |
46 Neutral | $115.25M | -0.63 | -88.52% | ― | -23.14% | 14.29% | |
41 Neutral | $46.20M | -0.29 | -184.98% | ― | -11.22% | 6.15% | |
40 Neutral | $32.54M | -0.83 | -80.33% | ― | -54.56% | -133.60% |
* Sector Average
BLNK
Blink Charging Co
0.78
-0.68
-46.58%
BEEM
Beam Global
1.58
-1.41
-47.16%
CHPT
ChargePoint Holdings
7.39
-15.41
-67.59%
EVGO
EVgo
3.00
-1.28
-29.91%
ADSE
ADS-TEC Energy
11.95
-1.99
-14.28%
WBX
Wallbox
3.00
-6.54
-68.55%
Blink Charging Co Corporate Events
Private Placements and Financing
Blink Charging Co Announces Public Stock Offering
Neutral
Dec 12, 2025
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.
Legal Proceedings
Blink Charging Co Settles Nevada Derivative Action
Neutral
Nov 4, 2025
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.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.