Intellectia LogoIntellectia
Stock
Crypto
Features
Resources
Company
Pricing
Sign inTry for Free
Intellectia Logo
Sign in
Intellectia Logo
StockCrypto

Features

Pre Market Movers
Financial AI Agent
Swing Trading
Stock Technical Analysis
Stock Monitor
Copy Top Investors Portfolio
Crypto Technical Analysis
Chart Pattern Signal

Resources

Blog
Earnings
Partner Program

Company

Contact
About
News Release
Pricing
Start for Free
  1. Home
    2. >
  2. Stock
    3. >
  3. BLNK
    4. >
  4. Forecast

Stock Price Prediction

-
stocks logo
BLNK
-
$
0.000
0.000(0.000%)
    OverviewForecastTechnicalOptionsEarningsFinancialsValuationInsiders

BLNK Price Prediction Next Week

Based on the recent news and technical analysis, here's the price prediction for BLNK for the next trading week:

Technical Analysis

The stock is showing significant weakness with RSI at 34.27, indicating oversold conditions. The MACD is at -0.07, suggesting bearish momentum. The stock is trading well below both its 20-day SMA ($1.49) and 200-day SMA ($2.26), indicating a strong downtrend.

News Impact Recent significant developments affecting BLNK:

  1. SEC Investigation Closure: Despite the investigation concluding without enforcement action, the stock fell 6.83% to $1.37, indicating negative market sentiment.

  2. Trump Administration Impact: EV charging stocks are facing pressure due to executive actions pausing funding for EV infrastructure. BLNK has lost about 40% since the November election.

  3. Management Change: The upcoming CEO transition on February 1, 2025, adds uncertainty to the company's direction.

Price Targets Fibonacci levels indicate:

  • Resistance levels: R1: $1.56, R2: $1.63, R3: $1.76
  • Support levels: S1: $1.31, S2: $1.23, S3: $1.10
  • Pivot: $1.43

Next Week's Price Prediction Given the technical weakness and negative news sentiment:

  • Most likely scenario (70% probability): Stock will test support at $1.23-$1.31
  • Target range: $1.20-$1.35
  • Stop loss: $1.40

Recommendation: SELL Rationale:

  • Continued bearish momentum
  • Negative impact from Trump administration policies
  • Technical indicators showing weakness
  • Recent price action suggesting further downside

The stock is likely to face continued pressure due to policy headwinds and weak technical indicators. Current price of $1.31 offers an opportunity to exit positions before potential further decline.

Based on the recent news and technical analysis, here's the price prediction for BLNK for the next trading week:

Technical Analysis

The stock is showing significant weakness with RSI at 34.27, indicating oversold conditions. The MACD is at -0.07, suggesting bearish momentum. The stock is trading well below both its 20-day SMA ($1.49) and 200-day SMA ($2.26), indicating a strong downtrend.

News Impact Recent significant developments affecting BLNK:

  1. SEC Investigation Closure: Despite the investigation concluding without enforcement action, the stock fell 6.83% to $1.37, indicating negative market sentiment.

  2. Trump Administration Impact: EV charging stocks are facing pressure due to executive actions pausing funding for EV infrastructure. BLNK has lost about 40% since the November election.

  3. Management Change: The upcoming CEO transition on February 1, 2025, adds uncertainty to the company's direction.

Price Targets Fibonacci levels indicate:

  • Resistance levels: R1: $1.56, R2: $1.63, R3: $1.76
  • Support levels: S1: $1.31, S2: $1.23, S3: $1.10
  • Pivot: $1.43

Next Week's Price Prediction Given the technical weakness and negative news sentiment:

  • Most likely scenario (70% probability): Stock will test support at $1.23-$1.31
  • Target range: $1.20-$1.35
  • Stop loss: $1.40

Recommendation: SELL Rationale:

  • Continued bearish momentum
  • Negative impact from Trump administration policies
  • Technical indicators showing weakness
  • Recent price action suggesting further downside

The stock is likely to face continued pressure due to policy headwinds and weak technical indicators. Current price of $1.31 offers an opportunity to exit positions before potential further decline.

BLNK Similar Chart Price Prediction

The price of BLNK is predicted to go up -22.92%, based on the high correlation periods with CETX. The similarity of these two price pattern on the periods is 94.51%.

stocks logo

BLNK

stocks logo

CETX

Down: -22.92%Similarity: 94.51%

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

61.290

2027

2.500

61.290

2028

3.500

125.810

2029

1.560

0.650

2030

5.000

222.580

What is BLNK stock price prediction 2025 ?

BLNK stock is currently trading at $1.56, reflecting a -3.11% drop in regular market trading today. Based on technical analysis, the Fibonacci resistance levels suggest potential upside to $1.75 or $1.86, while support levels are at $1.42 and $1.31. However, with a weak RSI of 48.10 and recent negative earnings revisions, the stock may struggle to break out significantly in 2025 without substantial positive catalysts.

What is BLNK stock price prediction 2026 ?

BLNK stock is predicted to reach $2.50 by 2026, assuming moderate growth in EV adoption and infrastructure expansion. This projection is based on Blink Charging's ongoing partnerships and contracts, such as the Norwich and NHS Trust projects, which could drive revenue growth. However, the stock's current low RSI and weak momentum suggest near-term challenges before recovery.

What is BLNK stock price prediction 2027 ?

BLNK stock is projected to reach approximately $2.50 by 2027, assuming moderate growth in EV adoption and infrastructure expansion. This estimate is based on its current valuation, technical indicators, and ongoing projects like the Norwich and NHS Trust contracts, which could drive revenue growth. However, the stock's high volatility and lack of profitability remain key risks to this forecast.

What is BLNK stock price prediction 2028 ?

BLNK's stock price prediction for 2028 is estimated to be around $3.50–$5.00. This projection is based on anticipated moderate revenue growth from expanding EV infrastructure and partnerships, despite current financial challenges and a declining stock price trend. However, achieving profitability and broader EV adoption will be critical for sustained growth.

What is BLNK stock price prediction 2029 ?

BLNK stock is currently trading at $1.56. By 2029, the stock price could potentially reach $5-$7, assuming the company successfully expands its EV charging infrastructure and achieves profitability as projected by analysts. However, risks such as high competition and financial challenges could limit growth.

What is BLNK stock price prediction 2030 ?

BLNK stock's price prediction for 2030 is estimated to be around $5-$7, assuming moderate growth in EV adoption and infrastructure expansion. This projection is based on Blink Charging's ongoing partnerships and increasing demand for EV charging stations, though profitability challenges and competition may limit upside. The forecast also considers current technical indicators and market sentiment, which suggest a cautious long-term outlook.

BLNK Revenue Forecast

BLNK EPS Forecast

BLNK FAQs

What is bull‘s view on BLNK?

BLNK stock is currently trading at $1.51, significantly below its average analyst price target of $4.88, indicating potential upside. Bulls argue that Blink Charging's expansion in EV infrastructure, such as new charging stations in Norwich and contracts like the one with King's College NHS Trust, positions it well for long-term growth in the EV market. However, near-term challenges, including revenue misses and increased losses, have dampened sentiment, making it a speculative play for aggressive investors.

What is bear's view on BLNK?

BLNK stock is currently trading at $1.56, down 3.11% in regular trading today. Bears argue that the stock's weak financial performance, including a significant Q3 revenue miss and widening losses, undermines its growth potential. Additionally, the EV charging sector faces slowing adoption rates and competitive pressures, making BLNK's near-term recovery challenging.

What is BLNK revenue forecast for next quarter？

The market consensus for BLNK's revenue in the upcoming quarter is projected to be approximately $34.433M USD.

BLNK VS S&P500

Ask Intellectia about BLNK
Intellectia LogoIntellectiaIntellectia LogoIntellectia

Redefine Your Investment Decisions

TwitterTwitterYoutubeYoutubeQuoraQuoraDiscordDiscordLinkedinLinkedinTelegramTelegram

Copyright © 2024 Intellectia.AI. All Rights Reserved.

pci certified logo
Company
HomeContactAbout UsNews Release
Product
PricingPre Market MoversFinancial AI AgentSwing TradingStock Technical AnalysisStock MonitorCopy Top Investors PortfolioCrypto Technical Analysis
Support
BlogEarningsTerms of UsePrivacy PolicySitemapPartner Program
Start for Free