Another reason that Blink Charging might be on the rise Friday has to do with EV news out of New York City. The city is planning to undergo an infrastructure change that will add charging stations for EVs. While BLNK isn’t mentioned in this plan, it’s possible investors are betting on it taking part in the massive project.
Why is Blink charging stock down for the second day?
May 06, 2022 · Earnings for Blink Charging are expected to grow in the coming year, from ($1.65) to ($1.56) per share. Price to Earnings Ratio vs. the Market. The P/E ratio of Blink Charging is -13.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Price to Earnings Ratio vs. Sector
How much of Blink charging's stock is owned by institutions?
Aug 12, 2021 · Blink Charging ( BLNK -3.80% ) stock is tumbling today and was down 10.8% as of 10:45 a.m. EDT. Blame its second-quarter numbers …
When is Blink charging's next quarterly earnings announcement?
Sep 22, 2020 · Shares of Blink Charging (NASDAQ:BLNK) are on a tear today, up 15% through 11 a.m. EDT on an announcement from the electric-vehicle (EV) charging network that it has sold or deployed 539 charging ...
How much is a BLNK stock worth?
Feb 04, 2021 · It's gone up 1,300% (the past) year. This is a business that did $4 million dollars in revenue and the revenues have fallen. Blink Charging, the ticker is …
Why did blink stock go up today?
Is Blink Charging overvalued?
Why is blink stock higher than ChargePoint?
Is Blink Charging a good investment?
Is BLNK stock a buy or sell?
Which company has the most EV charging stations in the us?
Who are Blink charging competitors?
Blink Charging's top competitors include Genscape, Aquilon Energy Services, Smart Energy Instruments and VCharge.
Will BLNK stock go up?
Which is the best EV charging stock to buy?
- Wallbox NV (NYSE:WBX) Number of Hedge Fund Holders: N/A. ...
- Rivian Automotive, Inc. (NASDAQ:RIVN) ...
- Beam Global (NASDAQ:BEEM) Number of Hedge Fund Holders: 4. ...
- Blink Charging Co. (NASDAQ:BLNK) ...
- Volta Inc. (NYSE:VLTA)
Is Blink Charging a buy right now?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blink Charging in the last year. There are currently 3 hold ratings and 3...
How has Blink Charging's stock been impacted by COVID-19?
Blink Charging's stock was trading at $2.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. S...
When is Blink Charging's next earnings date?
Blink Charging is scheduled to release its next quarterly earnings announcement on Thursday, May 12th 2022. View our earnings forecast for Blink C...
How were Blink Charging's earnings last quarter?
Blink Charging Co. (NASDAQ:BLNK) announced its quarterly earnings data on Thursday, March, 10th. The company reported ($0.45) EPS for the quarter,...
What price target have analysts set for BLNK?
6 brokerages have issued 12 month target prices for Blink Charging's stock. Their forecasts range from $29.00 to $50.00. On average, they anticipat...
Who are Blink Charging's key executives?
Blink Charging's management team includes the following people: Michael D. Farkas , Chairman & Chief Executive Officer Brendan S. Jones , Presid...
Who are some of Blink Charging's key competitors?
Some companies that are related to Blink Charging include Nabtesco (NCTKF) , Volta Inc - Class A (VLTA) , Volta (VLTA) , T.J.T. (AXLE) and Am...
What other stocks do shareholders of Blink Charging own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Blink Charging investors own include NIO (NIO) , NVIDIA (...
When did Blink Charging IPO?
(BLNK) raised $23 million in an initial public offering on the week of February 12th 2018. The company issued 4,600,000 shares at $5.00 per share....
How many charging stations does blink have?
In a blistering note, Culper Research revealed that it opened a short position in Blink's shares after its analysis suggested that Blink has just 2,200 operational public charging stations -- not the 15,000 that the company has claimed.
Who is John Rosevear?
John Rosevear is the senior auto specialist for Fool.com. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007. Follow @john__rosevear
What happened
Shares of Blink Charging ( NASDAQ:BLNK) are on a tear today, up 15% through 11 a.m. EDT on an announcement from the electric-vehicle (EV) charging network that it has sold or deployed 539 charging stations in the United States and internationally during the coronavirus lockdowns of June through August.
So what
Thus, Blink thought it was a good idea to remind investors today that whatever its critics might contend, it enjoyed a nearly 100% increase in deployments of its charging stations over the past three months, and that it now has operations in at least 24 states across the U.S.
Where is Blink charging station?
Blink Charging Co’s (NASDAQ: BLNK) European subsidiary, Blue Corner, has signed a contract to sell and operate EV charging stations at the KU Leuven campuses across Belgium. The sales and operations contract is valued at about $1.8 million.
How much is the EV charging station market worth?
As the adoption of electric vehicles (EV) is rising, the demand for EV charging stations is also rising. According to a Fortune Business Insights report, the global EV charging station market was worth $39.70 billion in 2019 and is expected to reach $100.96 billion by 2027, indicating a compounded annual growth rate (CAGR) of 23.24% . Using the TipRanks Stock Comparison tool, let us compare two EV charging station companies, Blink Charging Co. and ChargePoint Holdings, and see how Wall Street an
What is retail industry?
The retail industry provides a variety of finished goods, both durable and non-durable, to individual consumers and households. The industry also sells services. Products sold by retail companies include apparel, electronics, furniture, kitchenware, sporting goods, books, and toys.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
What's Happening With BLNK Stock Today?
Blink Charging Co (BLNK) stock is trading at $18.19 as of 2:00 PM on Thursday, Nov 19, an increase of $3.41, or 23.08% from the previous closing price of $14.78. The stock has traded between $14.95 and $18.80 so far today. Volume today is above average. So far 17,554,720 shares have traded compared to average volume of 3,895,674 shares.
More About Blink Charging Co
Blink Charging Co is an owner, operator, and provider of electric vehicle (EV) charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types.
The company's initial response to a short-seller's allegations didn't satisfy investors
John Rosevear is the senior auto specialist for Fool.com. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007. Follow @john__rosevear
What happened
Shares of electric-vehicle charging network Blink Charging ( NASDAQ:BLNK) were down sharply again in early trading on Friday. Blink's stock began sliding on Wednesday morning, when a short-selling firm released a blistering note alleging that the company has exaggerated the size of its network.
So what
Culper Research revealed on Wednesday that it had opened a short position in Blink's shares after its analysis concluded that Blink's public charging network has just 2,200 operational stations, far fewer than it has claimed.
Now what
Given that the stock is down again today, I think Blink needs to say more to reassure its investors. While the company said that it has retained counsel and that it is reporting the "manipulation" to regulators, its short statement didn't address the specific allegations made by Culper on Wednesday.