HC Wainwright Lowers Blink Charging (NASDAQ:BLNK) Price Target to $2.50

Posted by Francis Steltz on Aug 7th, 2026

Blink Charging (NASDAQ:BLNK – Get Free Report) had its price target decreased by HC Wainwright to $2.50 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. HC Wainwright’s price target would suggest a potential upside of 362.96% from the stock’s previous close.

Several other equities research analysts have also recently commented on BLNK. Wall Street Zen cut Blink Charging from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Blink Charging in a research report on Friday, May 22nd. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $2.50.

Check Out Our Latest Research Report on Blink Charging

Blink Charging Trading Down 2.5%

BLNK opened at $0.54 on Friday. The stock has a fifty day moving average price of $0.62 and a 200 day moving average price of $0.68. Blink Charging has a 1 year low of $0.45 and a 1 year high of $2.65. The stock has a market cap of $77.59 million, a price-to-earnings ratio of -0.81 and a beta of 2.05.

Blink Charging (NASDAQ:BLNK – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.03. Blink Charging had a negative return on equity of 83.40% and a negative net margin of 73.75%.The company had revenue of $21.67 million for the quarter, compared to analyst estimates of $24.25 million. As a group, sell-side analysts forecast that Blink Charging will post -0.17 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp increased its position in Blink Charging by 1,256.4% in the 4th quarter. State Street Corp now owns 6,667,077 shares of the company’s stock worth $4,447,000 after buying an additional 6,175,566 shares during the period. Sabby Management LLC acquired a new stake in shares of Blink Charging in the fourth quarter worth $1,418,000. Renaissance Technologies LLC increased its position in Blink Charging by 227.2% during the fourth quarter. Renaissance Technologies LLC now owns 2,553,484 shares of the company’s stock worth $1,703,000 after acquiring an additional 1,773,109 shares during the period. UBS Group AG raised its stake in Blink Charging by 67.9% during the 3rd quarter. UBS Group AG now owns 2,364,562 shares of the company’s stock valued at $3,878,000 after purchasing an additional 956,556 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in Blink Charging by 8,386.8% in the 1st quarter. AQR Capital Management LLC now owns 884,410 shares of the company’s stock valued at $812,000 after purchasing an additional 873,989 shares during the period. 44.64% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Blink Charging

Here are the key news stories impacting Blink Charging this week:

Positive Sentiment: Blink reported a quarterly loss of $0.04 per share, better than the consensus estimate for a $0.07 loss and significantly improved from a $0.26 loss a year earlier. Blink Charging earnings report
Positive Sentiment: The company’s strategic pivot produced substantial operating improvements: gross margin expanded to 38.9%, operating expenses fell 57% year over year to $14.7 million, and the adjusted EBITDA loss narrowed 72% to $2.2 million. Management said these trends support a potential break-even target by year-end. Blink Charging second-quarter 2026 results
Positive Sentiment: Service revenue increased to $11.5 million, or 53% of total revenue, while Blink ended the quarter with approximately $34 million in cash, providing near-term financial support. Blink Charging Q2 earnings call highlights
Negative Sentiment: Revenue fell 24.4% year over year to $21.67 million, missing analysts’ $24.25 million estimate by 11.43%. The shortfall indicates that the company’s profitability gains are being achieved alongside weak top-line demand. Blink Charging reports Q2 loss and revenue miss
Negative Sentiment: Blink lowered its fiscal 2026 revenue outlook to $83 million-$90 million, well below the approximately $105.9 million analyst consensus. This guidance reduction is likely the primary reason the stock has decreased despite the improved loss and margins. Blink Charging Q2 revenue estimates

About Blink Charging

(Get Free Report)

Blink Charging Co is a provider of electric vehicle (EV) charging solutions, offering a nationwide network of charging stations and related software services. The company designs, develops and markets Level 2 AC and DC fast charging equipment, as well as a cloud-based management platform that enables real-time monitoring, analytics and payment processing. Its integrated approach addresses the needs of commercial, residential and fleet customers looking to deploy EV infrastructure.

Blink’s product portfolio includes a suite of charging stations suitable for parking garages, retail locations, hospitality venues and multiunit dwellings.