Blink Charging Q2 adjusted EBITDA loss narrows more than expected
BLNK•Margin gains and cost cuts drive improvement
Blink said the margin improvement reflected portfolio optimization, a shift to contract manufacturing, and a more favorable revenue mix.
Operating expenses fell 57% year over year due to structural improvements and cost optimization efforts.
Service revenues grew and now represent 53% of total revenue, reflecting a focus on contracts with attractive margin profiles.
The average analyst rating on the shares is hold, with 2 strong buy or buy ratings, 3 hold ratings, and no sell or strong sell ratings. The median 12-month price target is $1.50, about 170.8% above the August 5 closing price of $0.55.
Outlook cut for revenue, raised for gross margin
Blink lowered its 2026 revenue outlook to $83 million-$90 million from $105 million-$115 million.
The company raised its to about from about and said it targets .
