Roth Capital Forecasts Blink Charging Q1 Earnings

Blink Charging Co. (NASDAQ:BLNK) – Roth Capital issued their Q1 2025 earnings per share estimates for shares of Blink Charging in a research report issued to clients and investors on Friday, November 8th. Roth Capital analyst C. Irwin forecasts that the company will post earnings of ($0.15) per share 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.

Other equities analysts have also recently issued research reports about the stock. HC Wainwright lowered their price objective on shares of Blink Charging from $15.00 to $8.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. UBS Group dropped their price target on Blink Charging from $4.50 to $3.00 and set a “buy” rating on the stock in a report on Tuesday, October 15th. Benchmark reiterated a “buy” rating and issued a $5.00 price target on shares of Blink Charging in a research report on Tuesday. Needham & Company LLC decreased their price objective on shares of Blink Charging from $6.00 to $4.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Finally, Stifel Nicolaus lowered their price objective on shares of Blink Charging from $4.00 to $3.50 and set a “hold” rating on the stock in a research report on Monday, August 12th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Blink Charging currently has an average rating of “Moderate Buy” and an average price target of $5.79.

Blink Charging Trading Down 2.7 %

Shares of Blink Charging stock opened at $1.78 on Monday. Blink Charging has a 52 week low of $1.53 and a 52 week high of $4.66. The stock has a market cap of $180.05 million, a PE ratio of -1.18 and a beta of 2.65. The company’s 50-day moving average price is $1.88 and its two-hundred day moving average price is $2.49.

Insiders Place Their Bets

In other news, Director Jack Levine bought 20,000 shares of the stock in a transaction on Thursday, September 26th. The shares were purchased at an average price of $1.70 per share, for a total transaction of $34,000.00. Following the completion of the purchase, the director now directly owns 175,718 shares of the company’s stock, valued at $298,720.60. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Jack Levine purchased 20,000 shares of the firm’s stock in a transaction dated Thursday, September 26th. The stock was bought at an average price of $1.70 per share, for a total transaction of $34,000.00. Following 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Kristina A. Peterson sold 24,077 shares of the stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $1.80, for a total value of $43,338.60. The disclosure for this sale can be found here. Insiders own 6.50% of the company’s stock.

Institutional Investors Weigh In On Blink Charging

A number of hedge funds have recently bought and sold shares of the company. BCGM Wealth Management LLC bought a new stake in Blink Charging during the 2nd quarter valued at approximately $27,000. Hsbc Holdings PLC bought a new stake in shares of Blink Charging in the second quarter valued at approximately $29,000. Principal Financial Group Inc. bought a new stake in shares of Blink Charging in the second quarter valued at approximately $30,000. Victory Capital Management Inc. bought a new position in Blink Charging during the second quarter worth $33,000. Finally, Cetera Advisors LLC raised its stake in Blink Charging by 36.1% during the 1st quarter. Cetera Advisors LLC now owns 13,842 shares of the company’s stock valued at $42,000 after purchasing an additional 3,673 shares during the last quarter. 44.64% of the stock is currently owned by institutional investors.

Blink Charging Company Profile

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.