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Upturn stock ratingUpturn stock rating
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Blink Charging Co (BLNK)

Upturn stock ratingUpturn stock rating
$0.94
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: BLNK (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -81.73%
Avg. Invested days 19
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 95.24M USD
Price to earnings Ratio -
1Y Target Price 2.79
Price to earnings Ratio -
1Y Target Price 2.79
Volume (30-day avg) 3750897
Beta 2.86
52 Weeks Range 0.86 - 3.75
Updated Date 04/1/2025
52 Weeks Range 0.86 - 3.75
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.96

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -157%
Operating Margin (TTM) -51.75%

Management Effectiveness

Return on Assets (TTM) -12.01%
Return on Equity (TTM) -81.89%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 42195408
Price to Sales(TTM) 0.75
Enterprise Value 42195408
Price to Sales(TTM) 0.75
Enterprise Value to Revenue 0.33
Enterprise Value to EBITDA -1.58
Shares Outstanding 101175000
Shares Floating 95655276
Shares Outstanding 101175000
Shares Floating 95655276
Percent Insiders 5.93
Percent Institutions 33.98

Analyst Ratings

Rating 3.5
Target Price 3.94
Buy 2
Strong Buy 1
Buy 2
Strong Buy 1
Hold 5
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Blink Charging Co

stock logo

Company Overview

overview logo History and Background

Blink Charging Co. was founded in 2009 as Car Charging Group. It rebranded as Blink Charging in 2017. The company has focused on building and operating EV charging infrastructure and providing related services.

business area logo Core Business Areas

  • Equipment Sales: Sells EV charging hardware to individuals, businesses, and municipalities.
  • Network Services: Provides network connectivity, cloud-based services, and maintenance for charging stations.
  • Charging Services: Offers charging services to EV drivers at Blink-owned and partner-owned stations.

leadership logo Leadership and Structure

Michael D. Farkas is the CEO and Chairman. The company has a typical corporate structure with various departments reporting to the executive team.

Top Products and Market Share

overview logo Key Offerings

  • Blink HQ 200: Level 2 home EV charger. Competitors include ChargePoint Home Flex, Tesla Wall Connector, and Wallbox Pulsar Plus. Blink does not publicly report revenue from this product.
  • Blink IQ 200: Level 2 commercial EV charger. Competitors include ChargePoint, EVgo, and Electrify America. Blink does not publicly report revenue from this product or specific market share data.
  • DC Fast Chargers: DC fast charging stations for public charging. Competitors include ChargePoint, EVgo, and Electrify America. Blink does not publicly report revenue from this product or specific market share data.

Market Dynamics

industry overview logo Industry Overview

The EV charging industry is rapidly growing, driven by increasing EV adoption and government incentives. It is highly competitive with numerous players vying for market share.

Positioning

Blink Charging is positioned as a provider of both Level 2 and DC fast charging solutions, targeting residential, commercial, and public charging markets. It faces significant competition from larger, more established players.

Total Addressable Market (TAM)

The TAM for EV charging is projected to reach hundreds of billions of dollars by 2030. Blink Charging's position is growing but it still is a smaller player within this market, with potential to expand through strategic partnerships and innovation.

Upturn SWOT Analysis

Strengths

  • Established brand recognition
  • Diverse product portfolio (Level 2 and DC fast chargers)
  • Proprietary Blink Network
  • Strong partnerships with property owners and municipalities

Weaknesses

  • Significant net losses
  • High operating expenses
  • Intense competition
  • Dependence on government subsidies and incentives
  • Relatively small market share compared to larger competitors

Opportunities

  • Expansion of EV adoption
  • Government investments in EV infrastructure
  • Strategic partnerships with automakers
  • Development of new charging technologies
  • Increased demand for fast charging solutions

Threats

  • Increased competition from established players
  • Technological advancements rendering current products obsolete
  • Fluctuations in government subsidies and incentives
  • Economic downturn affecting EV sales
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • CHPT
  • EVGO
  • EA

Competitive Landscape

Blink Charging faces significant competition from larger and more established players like ChargePoint and EVgo. It needs to differentiate itself through innovation, strategic partnerships, and cost-effective solutions.

Major Acquisitions

EB Charging

  • Year: 2022
  • Acquisition Price (USD millions): 23.4
  • Strategic Rationale: Expanded Blink's presence and product offerings in the UK.

Growth Trajectory and Initiatives

Historical Growth: Blink Charging has experienced revenue growth driven by increased demand for EV charging solutions.

Future Projections: Analysts project continued revenue growth for Blink Charging, driven by the expansion of the EV market. Specific projections should be manually added.

Recent Initiatives: Recent initiatives include expanding partnerships with property owners, deploying new charging stations, and developing new charging technologies.

Summary

Blink Charging is a key player in the growing EV charging market, but it faces challenges including net losses, high operating expenses, and intense competition. The company is leveraging partnerships and expanding its product offerings to capture market share. Continued growth will rely on successful execution of its strategy and favorable regulatory conditions. Blink needs to improve its bottom line while scaling up the installations to justify its current valuations.

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Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

This analysis is based on available information and is not financial advice. Market conditions and company performance can change rapidly.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Blink Charging Co

Exchange NASDAQ
Headquaters Bowie, MD, United States
IPO Launch date 2018-02-12
President, CEO & Director Mr. Michael C. Battaglia
Sector Industrials
Industry Engineering & Construction
Full time employees -
Full time employees -

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. It also provides Blink Network, a cloud-based system that operates, maintains, and manages various Blink charging stations and associated charging data, back-end operations, and payment processing, as well as offers fleets, property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations; and EV drivers with station information, including station location, availability, and applicable fees. In addition, the company offers EV charging hardware, software services, and service plans. It has strategic partnerships across transit/destination locations, including airports, auto dealers, healthcare/medicals, hotels, mixed-use and municipal locations, multifamily residential and condos, parks and recreation areas, parking lots, religious institutions, restaurants, retailers, schools and universities, stadiums, supermarkets, transportation hubs, and workplace locations. Blink Charging Co. was founded in 2009 and is headquartered in Bowie, Maryland.

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