Blink Charging (BLNK) Stock Slides as Market Rises: Facts to Know Before You Trade

Company Performance - Blink Charging's stock closed at $0.99, reflecting a -0.98% change from the previous day, underperforming the S&P 500 which gained 0.08% [1] - Over the past month, Blink Charging shares have decreased by 5.66%, while the Computer and Technology sector and the S&P 500 have lost 12.04% and 7.33% respectively [1] Upcoming Earnings - The company is expected to report an EPS of -$ 0.15, indicating a 15.38% decline compared to the same quarter last year [2] - Quarterly revenue is forecasted at $33.24 million, down 11.54% from the previous year [2] Full Year Estimates - For the full year, analysts predict earnings of -$ 0.49 per share and revenue of $141.83 million, representing increases of +19.67% and +12.39% respectively from last year [3] Analyst Estimates - Recent changes in analyst estimates for Blink Charging are crucial as they reflect short-term business trends [4] - Positive revisions in estimates indicate analyst optimism regarding the company's business and profitability [4] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Blink Charging at 2 (Buy) [6] - Over the past month, there has been a 1.35% increase in the Zacks Consensus EPS estimate for the company [6] Industry Context - Blink Charging operates within the Electronics - Miscellaneous Services industry, which is part of the Computer and Technology sector [7] - This industry has a Zacks Industry Rank of 17, placing it in the top 7% of over 250 industries, indicating strong performance potential [7]