The Latest Breaking News from BLNK

While desisting fears have subsided, this electric vehicle company still faces numerous challenges.

Wall Street is optimistic about the future of these three EV players as electric vehicle adoption grows.

The major market indexes have been under pressure since the beginning of the year due to macroeconomic and geopolitical concerns. This has significantly benefitted short-sellers. However, since the market is expected to remain uncertain, it could be wise for investors looking to bottom fish to stay away from heavily shorted…

Since the Fed signaled to continue its restrictive monetary policy to fight inflation, recession fears have renewed among investors. Amid the uncertain market conditions, it might be best to avoid fundamentally weak stocks Blink Charging (BLNK), Riot Blockchain (RIOT), and Advent Technologies (ADN) to eliminate the chances of long-term losses.…

Blink Charging Co (NASDAQ:BLNK) has secured a cooperative purchasing agreement for EV charging equipment and network services from the Region 1 Planning Council in Northern Illinois. Financial terms were not disclosed. The Region 1 Planning Council is a regional government agency providing cross-jurisdictional, government-to-government collaborative planning across Northern Illinois. Following a competitive solicitation…

Needham analyst Vikram Bagri raised the price target for Blink Charging Co (NASDAQ:BLNK) to $27 (an upside of 78%) from $25 while maintaining the Buy rating on the shares after the company acquired SemaConnect. The analyst sees eligibility for NEVI funding from newfound eligibility under the Buy America requirement as the biggest near-term deal benefits,…

Blink Charging Co. (NASDAQ:BLNK) has agreed to acquire SemaConnect, Inc., a provider of EV charging infrastructure solutions in North America, for $200 million in cash and common stock. This transaction adds nearly 13,000 EV chargers to Blink's existing footprint, 3,800 site host locations, and more than 150,000 registered EV driver members. The…

The stock market has been under immense pressure of late on investor concerns about Federal Reserve interest rate increases to combat 40-year-high inflation, and growing recession risks. However, the market’s volatility is creating opportunities for investors to buy quality growth stocks at attractive prices. As the markets recover, Wall Street…

Despite a supply chain crisis and higher upfront cost, the sale of electric vehicles (EV) increased in the first quarter of 2022, thanks to consumers' concerns over high energy prices and robust government initiatives to boost domestic production of EV batteries. So, Wall Street Analysts are bullish on the stocks…