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 ...

In first step, 33 Blink EV Chargers are installed at McArthurGlen's designer outlet centers in Roermond and Roosendaal Miami Beach, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. ("Blink Charging"), a leading global EV-charging provider, is teaming up with McArthurGlen – Europe's leading owner, developer and manager of designer outlets – to provide visitors to the Netherlands-based designer outlet centers, Roermond and Roosendaal, with state-of-the-art EV charging as they shop. The two designer ...

According to the Kelley Blue Book, Americans bought a record 1.2 million EVs in 2023 which is 7.6% of the total vehicles sold in the US. That’s up from 5.9% in 2022. Despite a recent decline in EV demand and rising interest rates, it looks like the future is electric and the demand will pick up soon. However, as the demand for EVs picks up, there will be a requirement for EV infrastructure and this is where we are running behind. There are a limited number of companies developing EV infrastructure and they ...

Starting in 2024, the Internal Revenue Service (IRS) extended an improved version of a tax credit system for electric vehicle (EV) buyers to 2032. Individuals purchasing used or new domestically manufactured EVs can instantly claim tax credits of up to $7,500, regardless of their tax liability. This move is a game-changer, as it expands the accessibility of the tax credit and aims to incentivize the adoption of EV cars. Also, the EV charging equipment tax credit of up to $1,000 remained in place, further bo ...

Miami Beach, Fla., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK) is thrilled to announce a collaboration that's sure to electrify El Salvador. Teaming up with Grupo Q, Porsche's official dealer throughout El Salvador, the Company will be launching five advanced EV charging stations in select premium retail and restaurant locations in the Santa Tecla, Costa del Sol, Santa Ana, San Miguel, and Playa La Libertad regions. The launch of Blink's chargers is part of Porsche's Destination Charg ...