Blink Charging Stock: Substantial Risk But Has Sizeable Upside Potential

Summary:

• Blink Charging stock has dropped over 50% YTD but offers potential upside if the EV market rebounds, trading near multi-year lows.
• Blink’s integrated EV charging ecosystem, diverse business models, and expanding service revenues position it well for future growth despite recent financial struggles.
• The stock is currently undervalued, trading at 1.1 times forward sales, with Wall Street forecasting a potential 184% increase within 12 months.
• Risks include competitive pressures, regulatory changes, and the uncertain path to profitability, but the current low price makes it a speculative buy.

Elevator Thesis

Blink Charging (NASDAQ:BLNK) stock has taken a battering at the stock market over the past year, shedding more than 50% of its value YTD. The EV market has been under major duress over the past 12 months, and

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