Investors were chasing electric vehicle (EV) stocks at any price during the euphoric rally of 2021. That was followed by a sell-off in 2022 on the back of contractionary monetary policies. Last year, selected EV stories trended higher, while the industry laggards were punished. I believe 2024 will be a year, when some of the best EV stocks rally higher.Of course, the markets are facing macroeconomic headwinds, and there will be challenges for the EV industry. However, with impending rate cuts, I am bullish ...

Short squeeze rallies can be massive at the blink of an eye and provides investors with attractive trading opportunities. Currently, there are several deeply oversold stocks that have a high short interest as a percentage of free-float. However, not all names are short squeeze stocks that can skyrocket in quick time.There will be names with a high short interest that continue to trend lower. The point I want to make is that even while taking a speculative position, there needs to be some consideration on fu ...

Since the early days of the pandemic, Blink Charging (BLNK -3.24%) has been valued as if chargers would be the next great tech devices. But that reality never materialized, and shares have plunged 93% from their peak.After the drop, Blink Charging may have some value; Travis Hoium covers the value and potential turnaround of the business in this video.*Stock prices used were end-of-day prices of Feb. 20, 2024. The video was published on Feb. 21, 2024. ...

Announced in July 2023 and officially commencing operations in February 2024, IONNA plans to deploy at least 30,000 high-powered chargers. The network will be accessible to all-electric vehicles that support NACS or CCS connectors. This is a joint initiative that was spurred by cooperation between automakers such as General Motors (NYSE:GM), Mercedes-Benz (OTC:MBGAF), Stellantis (NYSE:STLA), and others.In light of this rollout, certain EV charging stocks are worth inspection to take advantage of this develo ...

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 ...