Q4 Earnings Estimate for Blink Charging Issued By B. Riley

Blink Charging Co. (NASDAQ:BLNK) – Equities research analysts at B. Riley issued their Q4 2024 earnings per share (EPS) estimates for shares of Blink Charging in a report issued on Tuesday, March 4th. B. Riley analyst R. Pfingst forecasts that the company will post earnings per share of ($0.18) for the quarter. The consensus estimate for Blink Charging’s current full-year earnings is ($0.64) per share. B. Riley also issued estimates for Blink Charging’s FY2025 earnings at ($0.58) EPS.

A number of other equities analysts also recently issued reports on BLNK. Needham & Company LLC restated a “buy” rating on shares of Blink Charging in a research note on Wednesday, January 15th. Barclays decreased their price target on Blink Charging from $3.00 to $1.50 and set an “equal weight” rating for the company in a research note on Tuesday, February 4th. UBS Group reduced their target price on shares of Blink Charging from $2.00 to $1.70 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Finally, Benchmark reiterated a “buy” rating and issued a $5.00 price target on shares of Blink Charging in a report on Tuesday, November 12th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $5.09.

Blink Charging Stock Up 2.5 %

BLNK stock opened at $0.98 on Thursday. The firm has a market cap of $99.15 million, a PE ratio of -0.65 and a beta of 2.86. The business has a 50 day moving average of $1.26 and a 200 day moving average of $1.61. Blink Charging has a twelve month low of $0.87 and a twelve month high of $3.75.

Institutional Trading of Blink Charging

A number of hedge funds have recently added to or reduced their stakes in BLNK. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Blink Charging by 8.9% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 116,415 shares of the company’s stock valued at $200,000 after acquiring an additional 9,551 shares during the period. American Century Companies Inc. boosted its position in Blink Charging by 8.4% during the fourth quarter. American Century Companies Inc. now owns 130,783 shares of the company’s stock worth $182,000 after purchasing an additional 10,123 shares in the last quarter. Bank of America Corp DE grew its holdings in Blink Charging by 10.0% in the fourth quarter. Bank of America Corp DE now owns 135,663 shares of the company’s stock valued at $189,000 after purchasing an additional 12,362 shares during the period. Northern Trust Corp increased its position in shares of Blink Charging by 1.7% in the fourth quarter. Northern Trust Corp now owns 794,156 shares of the company’s stock valued at $1,104,000 after buying an additional 13,336 shares in the last quarter. Finally, Intech Investment Management LLC raised its stake in shares of Blink Charging by 59.5% during the 4th quarter. Intech Investment Management LLC now owns 48,569 shares of the company’s stock worth $68,000 after buying an additional 18,110 shares during the period. 44.64% of the stock is owned by hedge funds and other 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.