Blink Charging (BLNK): Assessing Valuation After UK LEVI Program Win with Bradford Council

Blink Charging (BLNK) got a boost after its UK arm landed a deal with Bradford Council to supply and run 104 electric vehicle charging ports under the LEVI program. This partnership signals a meaningful expansion for Blink in the UK market.

See our latest analysis for Blink Charging.

Momentum has been building for Blink Charging, with a 41.5% jump in share price over the past month and a strong 81.9% surge across the past 90 days. However, long-term total shareholder return tells a more cautious story, down almost 6% over the past year and much deeper over a three- and five-year window. The latest deal has certainly fueled recent optimism, but broader performance suggests investors remain divided on Blink’s long-term potential.

If Blink’s latest win has you watching for opportunities in the fast-changing EV space, now is the ideal moment to discover See the full list for free.

But with shares rallying hard in recent weeks, is Blink Charging still undervalued based on its fundamentals? Or has the market already factored in all the upside from its latest UK win? Is this a real buying opportunity, or is future growth already priced in?

Most Popular Narrative: 20% Undervalued

Blink Charging’s most-followed narrative points to a fair value of $2.40, which is notably above the latest close of $1.91. High revenue expansion, cost-cutting, and global partnerships are central to this outlook.

Strategic international expansion and partnerships, such as the GBP 100 million SPV targeting the UK's government-backed LEVI program, create access to non-dilutive capital for rapid network buildout and revenue diversification. This approach helps mitigate geographic risk and improve revenue stability.

Read the complete narrative.

Curious about what’s driving Blink’s fair value? The data behind this narrative includes ambitious expansion forecasts and a profit turnaround that may set the stage for a re-rating. Analysts are anticipating a reversal that few expect. Explore the full story for a closer look at the assumptions and projections that inform this fair value.

Result: Fair Value of $2.40 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, sustained losses and weaker product revenue could quickly challenge the current optimism around Blink Charging’s fair value and long-term growth prospects.

Find out about the key risks to this Blink Charging narrative.

Build Your Own Blink Charging Narrative

If you think there’s more to the story or want to dig into the numbers yourself, you can put together your own narrative in just a few minutes. Do it your way

A great starting point for your Blink Charging research is our analysis highlighting 1 key reward and 3 important warning signs that could impact your investment decision.

Looking for more investment ideas?

Smart investors never settle for one story. Unlock more opportunities by checking out unique stock ideas that could help you stay ahead of the market’s next big move.

• Tap into AI-driven potential by checking out these 24 AI penny stocks featuring exceptional growth and innovation in artificial intelligence solutions.
• Boost your search for long-term stability by reviewing these 20 dividend stocks with yields > 3% with robust yields for reliable income beyond market swings.
• Catch undervalued opportunities ready for a turnaround by exploring these 876 undervalued stocks based on cash flows with compelling fundamentals.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com