Why did Blink charging stock collapse today?
Apr 13, 2022 · BLNK | Complete Blink Charging Co. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
How much is a BLNK stock worth?
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 that were released on Aug. 11 after market close. To be sure, Blink...
What happened with BLNK’s IPO?
Apr 19, 2022 · finance.yahoo.com - April 5 at 10:35 AM. Blink Charging (NASDAQ:BLNK) Stock Price Up 4.1%. americanbankingnews.com - April 4 at 11:35 AM. Blink Charging (BLNK) Outpaces Stock Market Gains: What You Should Know. finance.yahoo.com - March 29 at 9:42 PM.
What is BLNK?
Apr 03, 2022 · 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. Since then, BLNK shares have increased by 1,076.4% and is now trading at $24.94. View which stocks have been most impacted by COVID-19.
Why is blink stock going down?
Blink Charging Stock Forecast: The Bottom Line It's mostly due to the cost of lithium batteries used to power everything, and those prices are going down as we speak. This leads the way for a brighter future with less carbon waste from gas-guzzling vehicles like the Tesla Cybertruck and Nissan Leaf.
Is BLNK a good stock to buy?
Out of 6 analysts, 1 (16.67%) are recommending BLNK as a Strong Buy, 2 (33.33%) are recommending BLNK as a Buy, 3 (50%) are recommending BLNK as a Hold, 0 (0%) are recommending BLNK as a Sell, and 0 (0%) are recommending BLNK as a Strong Sell.
Will BLNK stock go up?
Stock Price Forecast The 6 analysts offering 12-month price forecasts for Blink Charging Co have a median target of 29.50, with a high estimate of 50.00 and a low estimate of 26.00. The median estimate represents a +24.42% increase from the last price of 23.71.
Is Blink stock overvalued?
Valuation metrics show that Blink Charging Co. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of BLNK, demonstrate its potential to underperform the market.
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....
NASDAQ: BLNK
What happened
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So what
Blink Charging ( BLNK -1.36% ) stock is tumbling today and was down 10.8% as of 10:45 a.m. EDT. Blame its second-quarter numbers that were released on Aug. 11 after market close.
NASDAQ: BLNK
Consensus estimates called for 55% growth in Blink Charging's second-quarter revenue and a loss of $0.16 a share.
Now what
The electric-vehicle charging company's revenue jumped a whopping 177% year over year to $4.4 million, but it incurred a loss of $13.5 million, or $0.32 per share. Management cited two broad reasons for the loss: higher compensation and general and administrative expenses.
Premium Investing Services
Blink Charging's Q2 sales growth was undeniably impressive, but the company barely generated $6.6 million in sales through the first half of 2021, is far from profitability, and continues to sell shares to raise cash.
3.3 Analyst's Opinion
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Is Blink Charging a buy right now?
Blink Charging has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
How has Blink Charging's stock been impacted by Coronavirus?
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 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Blink Charging stock. View analyst ratings for Blink Charging or view top-rated stocks.
When is Blink Charging's next earnings date?
Blink Charging's stock was trading at $2.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BLNK shares have increased by 1,010.8% and is now trading at $23.55. View which stocks have been most impacted by COVID-19.
How can I listen to Blink Charging's earnings call?
Blink Charging is scheduled to release its next quarterly earnings announcement on Monday, February 28th 2022. View our earnings forecast for Blink Charging.
How were Blink Charging's earnings last quarter?
Blink Charging will be holding an earnings conference call on Monday, February 28th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "44622".
What price target have analysts set for BLNK?
Blink Charging Co. (NASDAQ:BLNK) announced its earnings results on Thursday, November, 11th. The company reported ($0.36) earnings per share for the quarter, missing analysts' consensus estimates of ($0.24) by $0.12. The company had revenue of $6.40 million for the quarter, compared to analyst estimates of $4.68 million.
How many shares does Farkas own in blink?
6 analysts have issued 12-month price targets for Blink Charging's stock. Their forecasts range from $29.00 to $50.00. On average, they anticipate Blink Charging's stock price to reach $38.50 in the next year.
Does Rich Smith have a position in Motley Fool?
It's also worth noting that even after Tuesday's sale, Farkas continues to own 6.7 million shares of Blink, so he still has a big stake in Blink's success. This may be small comfort to shareholders who are smarting from today's losses, but at least it's some comfort.
Where is Howard from The Fool?
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Prev. 1. 2.
When did blink go public?
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
Who is Howard Smith?
Blink itself went public in early 2018 through a traditional initial public offering (IPO). Investor interest began to grow last year, and the stock has risen an astounding 1,900% since the start of 2020.
