Blink Charging Co (NASDAQ:BLNK) has a beta value of 2.92 and has seen 0.77 million shares traded in the recent trading session. The company, currently valued at $91.54M, closed the recent trade at $0.90 per share which meant it lost -$0.04 on the day or -3.32% during that session. The BLNK stock price is -316.67% off its 52-week high price of $3.75 and 3.33% above the 52-week low of $0.87. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.7 million shares traded. The 3-month trading volume is 4.25 million shares.
The consensus among analysts is that Blink Charging Co (BLNK) is Buy stock at the moment, with a recommendation rating of 2.25. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 4 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.12.
Blink Charging Co (NASDAQ:BLNK) trade information
Sporting -3.32% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BLNK stock price touched $0.90 or saw a rise of 14.29%. Year-to-date, Blink Charging Co shares have moved -34.91%, while the 5-day performance has seen it change -12.16%. Over the past 30 days, the shares of Blink Charging Co (NASDAQ:BLNK) have changed -11.29%. Short interest in the company has seen 23.94 million shares shorted with days to cover at 5.44.
Wall Street analysts have a consensus price target for the stock at $1.75, which means that the shares’ value could jump 48.57% from the levels at last check today.. The projected low price target is $1.5 while the price target rests at a high of $2.0. In that case, then, we find that the latest price level in today’s session is -122.22% off the targeted high while a plunge would see the stock gain -66.67% from the levels at last check today..
Blink Charging Co (BLNK) estimates and forecasts
The company’s shares have lost -46.46% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.16%.
6 analysts offering their estimates for the company have set an average revenue estimate of 27.6M for the current quarter. 6 have an estimated revenue figure of 29.71M for the next ending quarter. Year-ago sales stood 37.57M and 33.26M respectively for this quarter and the next, and analysts expect sales will shrink by -26.52% for the current quarter and 0.16% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -39.82% over the past 5 years. Earnings growth for 2025 is a modest 75.21% while over the next 5 years, the company’s earnings are expected to increase by 55.85%.
BLNK Dividends
Blink Charging Co is expected to release its next earnings report on 2025-Mar-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Blink Charging Co (NASDAQ:BLNK)’s Major holders
Insiders own 5.93% of the company shares, while shares held by institutions stand at 34.04% with a share float percentage of 36.19%. Investors are also buoyed by the number of investors in a company, with Blink Charging Co having a total of 209.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 6.7 million shares worth more than $18.36 million. As of 2024-06-30, BLACKROCK INC. held 6.6349% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 4.36 million shares as of 2024-06-30. The firm’s total holdings are worth over $11.94 million and represent 4.3635% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are SPDR SERIES TRUST-SPDR S&P Kensho New Economies Composite ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Feb 28, 2025 , the former fund manager holds about 11.82% shares in the company for having 2.92 shares of worth $2.6 million while later fund manager owns 2.87 shares of worth $2.56 million as of Dec 31, 2024 , which makes it owner of about 11.61% of company’s outstanding stock.
