Update shared on01 Aug 2025
Fair value Increased 11%The increase in Blink Charging’s price target reflects a higher expected future P/E ratio while profitability remained stable, resulting in an upward revision of fair value to $2.40.
What's in the News
- Blink Charging announced installation of 10 new 180 kW dual-port DC Fast Chargers (20 charging ports) at Imperial Center, near the U.S.-Mexico border in California, targeting a high-traffic commercial and transportation junction.
- Formed a strategic collaboration with dfYOUNG to deliver streamlined corporate fleet management and at-home charger installations for salesforces nationwide, providing turnkey solutions and full-service fleet oversight.
- Collaborated with Universal Media to launch the EV Totem concept, integrating advanced EV charging with digital ad displays, debuting at Mountain View Village, Salt Lake City, with plans to expand to more high-traffic locations.
- Expanded partnership with Group Bernaerts to double Blink charging stations at properties in Belgium, implementing a centralized and controlled approach to office charging infrastructure.
- Identified as recommended replacement EV charging provider for Everon customers in Europe and North America, supporting transition after EVBox/Everon business wind-down and enabling full access to the Blink Network.
- Entered non-binding term sheet for a PS100 million SPV with Axxeltrova to fund UK EV charging infrastructure through the LEVI program, targeting growth of the owner-operator model and collaborating with local authorities.
- Announced Michael Bercovich as new CFO, replacing Michael Rama, with interim CFO duties handled by Robert Strauss; Bercovich brings extensive experience in global finance and technology sector leadership.
- Launched 'Seamless Charging' pilot with WirelessCar and ChargeHub in the U.S. and Canada, creating a single-app, hassle-free charging experience with automatic authentication for EV users.
- Initiated a workforce reduction of approximately 20% under the BlinkForward restructuring plan, aiming for over $11 million in annualized savings to accelerate innovation, agility, and long-term profitability.
- Received notice from Nasdaq for non-compliance with the $1.00 minimum bid price requirement, with a 180-day period to regain compliance or risk potential delisting.
- Issued revenue guidance anticipating sequential and continued growth in Q2 and the second half of 2025.
Valuation Changes
Summary of Valuation Changes for Blink Charging
- The Consensus Analyst Price Target has significantly risen from $2.17 to $2.40.
- The Future P/E for Blink Charging has risen from 13.81x to 15.13x.
- The Net Profit Margin for Blink Charging remained effectively unchanged, moving only marginally from 10.06% to 10.20%.
Disclaimer
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