BLNK Price Prediction Next Week
Analysis and Insights
News Impact Analysis:
Porsche Partnership: Blink Charging has secured a significant partnership with Porsche to supply 50 EV chargers in Mexico, enhancing its market presence and revenue potential. However, the stock price dropped 3.33% following the announcement, indicating mixed investor sentiment.
Filing Delay: The delay in filing the Annual Report and lowered analyst price targets (from $4 to $3 and $5 to $2) suggest potential financial or operational challenges, raising investor concerns.
Q4 Results: While service revenues grew by 24%, product revenues declined by 48.6%, and the company reported a net loss of $(73.5) million. This mixed performance has impacted investor confidence.
Technical Analysis:
- RSI: BLNK's RSI (14) is at 45.41, indicating a neutral position but leaning towards oversold territory.
- MACD: The MACD line is slightly below the signal line, suggesting bearish momentum.
- Fibonacci Levels: Key resistance levels are at $1.06 (R1) and $1.11 (R2), with support at $0.86 (S2).
Price Prediction:
Based on the current technical indicators and news sentiment, BLNK is expected to face resistance at higher levels. The stock is likely to decline further, potentially reaching $0.85 by the end of the next trading week.
Recommendation:
Given the bearish technical indicators and negative news impact, it is advisable to sell BLNK stock at its current price of $0.9992. The stock is expected to test the lower Fibonacci support level of $0.86 in the short term.
BLNK Similar Chart Price Prediction
The price of BLNK is predicted to go up 15.61%, based on the high correlation periods with NCNA. The similarity of these two price pattern on the periods is 94.8%.
BLNK
NCNA
Up: 15.61%Similarity: 94.8%
BLNK Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
BLNK Price Forecast($)
Potential Return(%)
2025
1.560
0.650
2026
2.500
145.100
2027
31.030
2,942.160
2028
3.500
243.140
2029
0.800
-21.570
2030
2.440
139.220
What is BLNK stock price prediction 2025 ?
What is BLNK stock price prediction 2026 ?
What is BLNK stock price prediction 2027 ?
What is BLNK stock price prediction 2028 ?
What is BLNK stock price prediction 2029 ?
What is BLNK stock price prediction 2030 ?
BLNK Revenue Forecast
BLNK EPS Forecast
BLNK FAQs
What is BLNK revenue forecast for next quarter？
BLNK Analyst's Forecast
Stephen Gengaro
Stifel
Hold
2025-03-26
Price Target
$3.5 → $2
Upside
+111.69%
Stifel lowered the firm's price target on Blink Charging to $2 from $3.50 and keeps a Hold rating on the shares. Blink delivered Q4 revenue close to the consensus and continues to make "solid progress on the cost front," but industry headwinds remain and the timing of reaching EBITDA breakeven is still unclear, the analyst tells investors.
Craig Irwin
Roth MKM
Strong Buy
2025-03-14
Price Target
$4 → $3
Upside
+214.4%
Mickey Legg
Benchmark
Strong Buy
2025-03-14
Price Target
$5 → $2
Upside
+109.6%
