It's shaping up to be a tough period for Blink Charging Co. (NASDAQ:BLNK), which a week ago released some disappointing third-quarter results that could have a notable impact on how the market views the stock. Statutory earnings fell substantially short of expectations, with revenues of US$25m missing forecasts by 28%. Losses exploded, with a per-share loss of US$0.86 some 426% below prior forecasts. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for Blink Charging

Taking into account the latest results, the current consensus from Blink Charging's seven analysts is for revenues of US$178.7m in 2025. This would reflect a major 29% increase on its revenue over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 68% to US$0.45. Before this latest report, the consensus had been expecting revenues of US$196.1m and US$0.42 per share in losses. Overall it looks as though the analysts are negative in this update. Although revenue forecasts held steady, the consensus also made a moderate increase in to its losses per share forecasts.

The average price target was broadly unchanged at US$4.88, perhaps implicitly signalling that the weaker earnings outlook is not expected to have a long-term impact on the valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Blink Charging at US$10.00 per share, while the most bearish prices it at US$3.00. As you can see the range of estimates is wide, with the lowest valuation coming in at less than half the most bullish estimate, suggesting there are some strongly diverging views on how analysts think this business will perform. With this in mind, we wouldn't rely too heavily the consensus price target, as it is just an average and analysts clearly have some deeply divergent views on the business.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's pretty clear that there is an expectation that Blink Charging's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 22% growth on an annualised basis. This is compared to a historical growth rate of 63% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 8.5% per year. So it's pretty clear that, while Blink Charging's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing to take away is that the analysts increased their loss per share estimates for next year. They also downgraded Blink Charging's revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. The consensus price target held steady at US$4.88, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Blink Charging. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Blink Charging going out to 2026, and you can see them free on our platform here..

You still need to take note of risks, for example - Blink Charging has 3 warning signs (and 1 which shouldn't be ignored) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.