Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Blink Charging Co ( (BLNK) ) has issued an update.
On May 16, 2025, Blink Charging Co‘s subsidiary, Envoy Technologies, amended its merger agreement to extend the deadline for a direct listing or IPO to September 2, 2025. The amendment increased the value of shares to be issued to former shareholders to $23.5 million and clarified funding sources for cash payments, potentially impacting shareholder returns and market positioning.
The most recent analyst rating on (BLNK) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Blink Charging Co stock, see the BLNK Stock Forecast page.
Spark’s Take on BLNK Stock
According to Spark, TipRanks’ AI Analyst, BLNK is a Neutral.
Blink Charging Co’s stock score reflects substantial financial and operational challenges, highlighted by negative profitability and liquidity issues. Technical analysis shows bearish trends, and valuation metrics are unfavorable. While the earnings call highlighted some positive developments, such as increased service revenue, these are overshadowed by sharp declines in product sales and increased losses. Corporate events further dampen the outlook with regulatory compliance concerns. Overall, the stock faces significant hurdles that need to be addressed for improved performance.
To see Spark’s full report on BLNK stock, click here.
More about Blink Charging Co
Average Trading Volume: 3,562,687
Technical Sentiment Signal: Sell
Current Market Cap: $75.08M
For a thorough assessment of BLNK stock, go to TipRanks’ Stock Analysis page.