Stock Price & Analysis

Based on the analysis of Blink Charging Co. (BLNK), the stock presents a mixed outlook. While the partnership with Porsche and expansion in Mexico are positive developments, the delayed 10-K filing and reduced analyst price targets raise concerns. The stock's technical indicators show a neutral RSI and a weak bearish MACD signal. Given these factors, it may be prudent to hold or wait for further clarity before making a decision.

The predicted price for BLNK stock in 2025 is $1.50, driven by its strategic partnership with Porsche and expansion in Mexico.

The S1 support level for BLNK Stock is $0.89 ,The R1 resistant level for BLNK Stock is $1.03.

As of the end of day on 2025-04-02, the price of BLNK Stock was $0.913.

The target price for BLNK Stock according to analyst rating is 3.04, with the highest price target at 8.00 and the lowest at 1.50. Analysts have a Moderate Buy rating on BLNK Stock overall.

The market cap of BLNK is $97.0M.

Analysis and Insights

1. Valuation Concerns: BLNK's high EV/EBITDA ratio of 1.43 and P/S ratio of 3.14 suggest overvaluation compared to industry peers, indicating investor expectations may exceed current fundamentals.

2. Revenue Growth: While service revenues grew 32% in 2024, total revenues declined 10.2% year-over-year, reflecting slower product sales and market challenges.

3. Profitability Issues: The company reported a net loss of $198.1 million in 2024, with a negative EPS of $1.96, raising concerns about its path to profitability.

4. Market Sentiment: Recent stock price decline of 3.33% and analyst price target reductions reflect investor skepticism about its growth prospects.

5. Partnership Impact: The Porsche partnership is positive but may not immediately offset valuation concerns amid ongoing losses and high expectations.

Blink Charging Co. is a manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services. The Company offers residential and commercial EV charging equipment and services. Its principal line of products and services is its Blink EV charging networks (the Blink Networks) and Blink EV charging equipment, also known as electric vehicle supply equipment, and other EV-related services. The Blink Networks are a proprietary, cloud-based system that operates, maintains, and manages Blink charging stations and handles the associated charging data, back-end operations and payment processing. The Blink Networks also provide EV drivers with station information. The Company offers a range of Level 2 (AC) EV charging equipment, ideal for commercial and residential use, with the North American standard J1772 connector, the North American Charging Standard connector, and the Type 2 connector compatible with electric vehicles in Europe and across Latin America.

Blink Charging (BLNK) stock could reach $5.00 by 2030 driven by expansion in EV charging infrastructure and car-sharing services. However, the stock also carries significant risks, including high volatility and operational challenges, which could limit upside.

BLNK has a total of 684 employees.