Added to YB: 2025-05-19
Pitch date: 2025-05-16
BLNK [neutral]
Blink Charging Co.
+6.7%
current return
Author Info
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Company Info
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.
Market Cap
$161.5M
Pitch Price
$0.73
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.55
P/E
-1.16
EV/Sales
1.39
Sector
Electrical Equipment
Category
turnaround
Blink Charging Navigates Turbulence: Cash Burn Slows, Network Grows
BLNK (earnings update): Q1 revenue -44.8% YoY to $20.8M (product sales -69.5%), net loss widened to $20.7M. Bright spots: service rev +29.2%, charger network +22% YoY, utilization +66%. Cash $42M (-$13M QoQ). Management expects sequential growth from Q2. Launching Gen3 charger Q4. Stock -8.51% on earnings miss amid EV market headwinds.
Read full article (4 min)