The Latest Breaking News from BLNK

Analysts expect these three EV stocks to charge ahead, with significant upside potential projected from current price levels.

Amid macroeconomic headwinds, the industrial sector is expected to remain under considerable pressure in the near term. Therefore, fundamentally weak industrial stocks EVgo (EVGO), Ballard Power (BLDP), and Blink Charging (BLNK), which are currently under $10, might be best avoided right now. Let’s discuss this in detail.

Blink Charging Co (NASDAQ:BLNK) has secured a cooperative purchasing agreement for EV charging equipment and network services from the Region 1 Planning Council in Northern Illinois. Financial terms were not disclosed. The Region 1 Planning Council is a regional government agency providing cross-jurisdictional, government-to-government collaborative planning across Northern Illinois. Following a competitive solicitation…

Needham analyst Vikram Bagri raised the price target for Blink Charging Co (NASDAQ:BLNK) to $27 (an upside of 78%) from $25 while maintaining the Buy rating on the shares after the company acquired SemaConnect. The analyst sees eligibility for NEVI funding from newfound eligibility under the Buy America requirement as the biggest near-term deal benefits,…

Blink Charging Co. (NASDAQ:BLNK) has agreed to acquire SemaConnect, Inc., a provider of EV charging infrastructure solutions in North America, for $200 million in cash and common stock. This transaction adds nearly 13,000 EV chargers to Blink's existing footprint, 3,800 site host locations, and more than 150,000 registered EV driver members. The…

The stock market has been under immense pressure of late on investor concerns about Federal Reserve interest rate increases to combat 40-year-high inflation, and growing recession risks. However, the market’s volatility is creating opportunities for investors to buy quality growth stocks at attractive prices. As the markets recover, Wall Street…

Despite a supply chain crisis and higher upfront cost, the sale of electric vehicles (EV) increased in the first quarter of 2022, thanks to consumers' concerns over high energy prices and robust government initiatives to boost domestic production of EV batteries. So, Wall Street Analysts are bullish on the stocks…

Electric vehicle charging infrastructure company Blink Charging Co (NASDAQ: BLNK) reported first-quarter financial results after market close Monday. Here are the highlights.

The electric vehicle (EV) market is expected to grow tremendously in 2022, driven by substantial demand for EVs amid surging oil and gas prices and increasing environmental concerns. Furthermore, increasing government investments and supportive policies and incentives are creating numerous opportunities for the EV charging market. Thus, Wall Street analysts…