UBS analyst William Grippin has revised the firm's outlook on Blink Charging (BLNK, Financial), decreasing the price target to $0.80 from $1, while maintaining a Neutral rating on the shares. This adjustment is part of an updated review of the electric vehicle (EV) charging sector for the first quarter.
This revision reflects concerns over the uncertain effects of tariffs on both profitability and EV demand, which may delay the timeline for reaching adjusted EBITDA breakeven. The investor sentiment towards EV charging hardware companies continues to be under pressure. Key factors contributing to this include ongoing tariff uncertainties, unclear policy environments, excessive inventory levels, and a more reserved approach from fleet customers.
Given these challenges, investors are advised to adopt a cautious outlook on the sector while awaiting more stability in both policy and market conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Blink Charging Co (BLNK, Financial) is $2.83 with a high estimate of $8.00 and a low estimate of $1.00. The average target implies an upside of 314.47% from the current price of $0.68. More detailed estimate data can be found on the Blink Charging Co (BLNK) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Blink Charging Co's (BLNK, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Blink Charging Co (BLNK, Financial) in one year is $3.95, suggesting a upside of 477.82% from the current price of $0.6836. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Blink Charging Co (BLNK) Summary page.
