Shares of Blink Charging (BLNK -4.58%) skyrocketed this week, surging 29.7% at their highest point in trading through 10 a.m. ET Friday, according to data provided by S&P Global Market Intelligence. That's a jaw-dropping one-week rally for a stock that lost 69% value in 2023.Turns out, the electric vehicle (EV) charging equipment company is all set to report record-breaking revenues for its fourth-quarter and full-year 2023. And investors aren't leaving any chances to bet on the languishing stock ahead of e ...

Softened demand and economic hurdles have created a tricky period for EV charging stocks which stand at the brink of robust growth and opportunity. Clearly, the EV sector is recognized as the auto industry’s future. It relies significantly on robust supporting infrastructure, particularly charging stations and battery providers. While recent times have seen these companies struggle to meet targets, the long-term outlook remains remarkably bright and promising. However, the current challenges project a posit ...

Having struggled since early 2021, electric vehicle (EV) charging company Blink Charging (NASDAQ:BLNK) is popping up sharply today on some much-needed positive news. Specifically, the company’s preliminary sales results blew the doors off Wall Street’s target, setting a new company record. Now, BLNK stock is up 30%. Still, the smart money appears to be remaining cautious.According to Barron’s, for the fourth quarter of 2023, Blink believes its sales should exceed $42 million. If so, that figure would leap p ...

EV investors got a charge out of earnings news from electric car charging company Blink Charging (BLNK 28.55%) this morning, sending Blink shares up 21.6% through 10:45 a.m. ET. Rival charging company EVgo (EVGO 12.91%), which reported its own earnings last month, likewise rose today -- up 11.2%. A few electrons even kept bouncing all the way over to battery tech start-up QuantumScape Corporation (QS 2.34%) -- up 1.7%. Now let's find out: Is the excitement justified?Blink Charging Q4 earningsBlink Charging' ...

Shares of Blink Charging Co. BLNK got a 14.9% boost in premarket trading Wednesday, after the electric vehicle charging equipment maker provided an upbeat sales outlook and affirmed its target for reaching adjusted profitability. The company said it expects fourth-quarter revenue “to surpass $42 million,” which is well above the current FactSet consensus of $34.1 million, amid “strong demand for both our equipment and services.” The company affirmed its target of achieving a positive adjusted earnings befor ...

Company announces preliminary fourth-quarter 2023 revenue record in excess of $42 million, as well as a record-breaking full-year 2023 revenue in excess of $140 million. Blink reaffirms its target for achieving positive Adjusted EBITDA run rate by December 2024  Miami Beach, FL., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK) ("Blink" or the "Company"), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that it ...

Electric vehicle (EV) charging stocks haven’t been getting much love lately. But that’s to be expected with slowing EV sales growth. However, you may not want to write off some of the top EV charging stocks to buy just yet.Sure, U.S. EV sales rocketed 40% in the last quarter of 2023. Unfortunately, that 40% growth is slower than the 49% reported in the third quarter, and the 52% growth in the last quarter of 2022, as noted by Business Insider. Not helping, Ford Motor (NYSE:F) recently postponed $12 billion ...

Electric vehicle drivers will be able to charge up on the new Blink chargers and enjoy the city's sights at a ribbon cutting event on February 8, 2024. Miami Beach, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK) ("Blink" or the "Company"), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, announced today that the Company will be installing 20 IQ 200 chargers across four downtown parking garages in the City of Fred ...

Allegiant Stadium will be outfitted with Blink Chargers accessible to employees, visitors, and the general public. Miami Beach, Fla., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK) ("Blink" or the "Company"), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced it has been named as the official EV charging provider for Allegiant Stadium, home of the Las Vegas Raiders, providing much-needed reliable EV charg ...

There lies an enticing realm of under-the-radar stocks in the vast expanse of the stock market, where giants often dominate the headlines. Each has the potential to redefine your investment portfolio. These stocks priced under $5 are poised to explode in value by 2027. The hidden gems are not mere bargains, but strategic investments in industries poised for groundbreaking shifts.GoPro (GPRO)Source: Larry George II / Shutterstock.comThe Hero 12 Black’s successful launch is fundamental to GoPro’s (NASDAQ:GPRO ...