Previous close | 3.1200 |
Open | 3.1000 |
Bid | 3.1000 x 800 |
Ask | 3.1200 x 100 |
Day's range | 3.0900 - 3.1650 |
52-week range | 2.1800 - 7.7000 |
Volume | |
Avg. volume | 6,250,111 |
Market cap | 313.773M |
Beta (5Y monthly) | 2.82 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
While NIO unveils the first offering under its new low-cost Onvo brand, its peer XPEV makes headlines with its plans to deliver its first flying car in 2026.
Despite fears of an electric vehicle (EV) adoption slowdown, Blink Charging (BLNK) defied expectations by reporting a 195% surge in gross profit during its first quarter results. To shed light on the company's expansion plans and the broader EV landscape, Blink Charging President & CEO Brendan Jones joins Catalysts. Jones highlights the company's continued observation of EV adoption globally, with Europe emerging as a significant revenue driver. In this region, EV sales continue to rise, accompanied by an expansion of EV infrastructure. Notably, Jones points out that utilization of charging stations is also on the upswing, reflecting the growing demand for EV-related services. While acknowledging slowdowns experienced by industry giants like Tesla (TSLA), Jones draws attention to the contrasting strategies of other automakers. Hyundai (HYMTF), for instance, has doubled down on its commitment to EVs, further investing in the sector. "You saw some stuff that said 'hey, we might be slowing,' but then you also saw a lot of encouraging activity that said the space is going to continue to grow over the long-term," Jones tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
Blink Charging Co. (NASDAQ:BLNK) Q1 2024 Earnings Call Transcript May 9, 2024 Blink Charging Co. beats earnings expectations. Reported EPS is $-0.13, expectations were $-0.23. BLNK isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon everyone and welcome to […]