Blink Charging Co. (NASDAQ:BLNK – Free Report) – Equities research analysts at HC Wainwright decreased their Q2 2025 earnings per share (EPS) estimates for Blink Charging in a note issued to investors on Tuesday, May 13th. HC Wainwright analyst S. Joshi now anticipates that the company will post earnings of ($0.17) per share for the quarter, down from their previous forecast of ($0.14). HC Wainwright currently has a “Buy” rating and a $5.00 price target on the stock. The consensus estimate for Blink Charging’s current full-year earnings is ($0.64) per share. HC Wainwright also issued estimates for Blink Charging’s Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.13) EPS, FY2025 earnings at ($0.65) EPS, FY2026 earnings at ($0.53) EPS, FY2027 earnings at ($0.18) EPS, FY2028 earnings at ($0.01) EPS and FY2029 earnings at $0.09 EPS.
Blink Charging (NASDAQ:BLNK – Get Free Report) last released its quarterly earnings results on Thursday, March 13th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.03. Blink Charging had a negative return on equity of 25.50% and a negative net margin of 104.02%. The business had revenue of $30.20 million during the quarter, compared to the consensus estimate of $30.77 million. During the same period in the previous year, the company posted ($0.28) EPS. The business’s quarterly revenue was down 29.3% compared to the same quarter last year.
Check Out Our Latest Analysis on BLNK
Blink Charging Trading Down 4.1%
BLNK opened at $0.71 on Thursday. The company’s 50 day moving average is $0.83 and its 200 day moving average is $1.23. The company has a market cap of $73.04 million, a price-to-earnings ratio of -0.47 and a beta of 3.34. Blink Charging has a 12-month low of $0.63 and a 12-month high of $3.75.
Hedge Funds Weigh In On Blink Charging
A number of hedge funds have recently made changes to their positions in BLNK. Invesco Ltd. raised its stake in Blink Charging by 19.4% during the 4th quarter. Invesco Ltd. now owns 987,444 shares of the company’s stock valued at $1,373,000 after purchasing an additional 160,251 shares during the period. Barclays PLC raised its position in shares of Blink Charging by 238.4% during the third quarter. Barclays PLC now owns 173,704 shares of the company’s stock valued at $299,000 after buying an additional 122,367 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Blink Charging by 14.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 935,866 shares of the company’s stock worth $1,301,000 after buying an additional 116,758 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Blink Charging by 30.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 291,675 shares of the company’s stock worth $405,000 after acquiring an additional 68,027 shares during the last quarter. Finally, PEAK6 LLC purchased a new position in Blink Charging during the fourth quarter valued at $139,000. Institutional investors own 44.64% of the company’s stock.
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.
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