Roth Capital Comments on Blink Charging Q1 Earnings

Blink Charging Co. (NASDAQ:BLNK - Free Report) - Roth Capital issued their Q1 2025 earnings estimates for shares of Blink Charging in a note issued to investors on Friday, November 8th. Roth Capital analyst C. Irwin anticipates that the company will post earnings per share of ($0.15) for the quarter. The consensus estimate for Blink Charging's current full-year earnings is ($0.65) per share. Roth Capital also issued estimates for Blink Charging's Q2 2025 earnings at ($0.12) EPS, Q3 2025 earnings at ($0.09) EPS and Q4 2025 earnings at ($0.05) EPS.

BLNK has been the subject of several other reports. Stifel Nicolaus reduced their price target on Blink Charging from $4.00 to $3.50 and set a "hold" rating for the company in a research report on Monday, August 12th. HC Wainwright cut their price objective on Blink Charging from $15.00 to $8.00 and set a "buy" rating for the company in a research report on Friday, August 9th. Needham & Company LLC cut their price target on Blink Charging from $6.00 to $4.00 and set a "buy" rating for the company in a report on Thursday, August 8th. UBS Group reduced their price objective on Blink Charging from $4.50 to $3.00 and set a "buy" rating for the company in a report on Tuesday, October 15th. Finally, Benchmark initiated coverage on Blink Charging in a report on Wednesday, July 31st. They set a "buy" rating and a $5.00 price target for the company. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $5.79.

Blink Charging Stock Up 11.4 %

Shares of BLNK stock traded up $0.19 during trading on Monday, reaching $1.86. The company's stock had a trading volume of 5,065,377 shares, compared to its average volume of 5,679,076. The business has a fifty day moving average price of $1.88 and a 200-day moving average price of $2.50. Blink Charging has a one year low of $1.53 and a one year high of $4.66. The company has a market cap of $188.14 million, a price-to-earnings ratio of -1.23 and a beta of 2.65.

Insider Buying and Selling at Blink Charging

In other Blink Charging news, Director Jack Levine bought 20,000 shares of the stock in a transaction on Thursday, September 26th. The stock was purchased at an average price of $1.70 per share, with a total value of $34,000.00. Following the completion of the purchase, the director now owns 175,718 shares in the company, valued at $298,720.60. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Kristina A. Peterson sold 24,077 shares of the company's stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $1.80, for a total value of $43,338.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jack Levine acquired 20,000 shares of Blink Charging stock in a transaction dated Thursday, September 26th. The stock was purchased at an average cost of $1.70 per share, for a total transaction of $34,000.00. Following the completion of the purchase, the director now owns 175,718 shares in the company, valued at approximately $298,720.60. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 6.50% of the company's stock.

Hedge Funds Weigh In On Blink Charging

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Blink Charging by 12.6% during the first quarter. Vanguard Group Inc. now owns 3,258,881 shares of the company's stock worth $9,809,000 after purchasing an additional 365,098 shares during the period. AQR Capital Management LLC increased its stake in shares of Blink Charging by 224.9% during the 2nd quarter. AQR Capital Management LLC now owns 805,151 shares of the company's stock worth $2,206,000 after purchasing an additional 557,336 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Blink Charging by 36.3% in the 1st quarter. BNP Paribas Financial Markets now owns 39,601 shares of the company's stock worth $119,000 after purchasing an additional 10,554 shares during the period. SG Americas Securities LLC lifted its stake in Blink Charging by 48.9% in the first quarter. SG Americas Securities LLC now owns 26,376 shares of the company's stock valued at $79,000 after purchasing an additional 8,668 shares during the last quarter. Finally, CWM LLC grew its holdings in Blink Charging by 60.2% during the second quarter. CWM LLC now owns 15,520 shares of the company's stock valued at $43,000 after purchasing an additional 5,834 shares during the period. Institutional investors and hedge funds own 44.64% of the company's stock.

About Blink Charging

Blink Charging Co, through its subsidiaries, owns, operates, manufactures, 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.