Q4 Earnings Estimate for Blink Charging Issued By B. Riley

Blink Charging Co. (NASDAQ:BLNK) – Investment analysts at B. Riley issued their Q4 2024 earnings per share (EPS) estimates for Blink Charging in a research report issued to clients and investors on Tuesday, March 4th. B. Riley analyst R. Pfingst anticipates 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.

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

Blink Charging Trading Up 8.2 %

Shares of Blink Charging stock opened at $1.06 on Thursday. Blink Charging has a twelve month low of $0.87 and a twelve month high of $3.75. The stock has a market capitalization of $107.25 million, a P/E ratio of -0.70 and a beta of 2.86. The business’s fifty day moving average price is $1.26 and its 200 day moving average price is $1.61.

Institutional Trading of Blink Charging

Hedge funds and other institutional investors have recently modified their holdings of the business. DRW Securities LLC purchased a new stake in shares of Blink Charging during the third quarter worth about $33,000. United Advisor Group LLC purchased a new stake in shares of Blink Charging during the third quarter worth about $34,000. Verition Fund Management LLC purchased a new stake in shares of Blink Charging during the third quarter worth about $48,000. Intech Investment Management LLC purchased a new stake in shares of Blink Charging during the third quarter worth about $52,000. Finally, Millennium Management LLC purchased a new stake in shares of Blink Charging during the fourth quarter worth about $43,000. 44.64% of the stock is owned by hedge funds and other institutional investors.

About Blink Charging

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.