Blink Charging Lands Major Belgium EV Infrastructure Deal - Blink Charging (NASDAQ:BLNK)

Core Insights - Blink Charging Co. has partnered with Korian Belgium to expand EV charging infrastructure across the country, deploying over 200 chargers at 90 Korian locations, making it one of the largest networks in Belgium's elderly care sector [1][2] Group 1: Partnership and Expansion - The partnership will see Blink invest in and deploy more than 200 chargers, with a phased rollout expected to continue through 2026 [1][2] - A similar deployment is planned for Korian's locations in the Netherlands, indicating potential regional expansion [2] Group 2: Operational Model - The project utilizes Blink's fully financed model, allowing Korian to expand EV infrastructure without upfront costs while generating recurring revenue from the charging sites [2] - Blink will manage the full lifecycle of the chargers, including installation, operation, maintenance, and customer support [3] Group 3: Stock Performance and Technical Analysis - Blink Charging shares are currently trading 5.3% below the 20-day simple moving average and 10.1% below the 100-day simple moving average, indicating short-term weakness [4] - The stock has decreased significantly over the past 12 months and is closer to its 52-week lows than highs [4] - The RSI is at 50.00, indicating a neutral position, while MACD is at 0.00, suggesting a lack of momentum [5] Group 4: Upcoming Earnings - Blink Charging is set to report earnings on March 16, 2026, which will be a key event for investors [6] Group 5: Price Action and Estimates - At the time of publication, Blink Charging shares were trading up 1.51% at $0.6743 [7] - Key resistance is identified at $1.00, while key support is at 50 cents [7] - EPS estimate indicates a loss of 10 cents, improved from a previous estimate of a loss of 15 cents, while revenue estimate is $28.56 million, down from $30.18 million [7]