5 Stocks That Will 10x in 5 Years According to the Analysts

4. Blink Charging Co. (NASDAQ:BLNK)

Number of Hedge Fund Holders: 7

Average Analyst Price Target Upside: 84.18%

Blink Charging Co. (NASDAQ:BLNK) is a Maryland-based company that is engaged in owning, operating, manufacturing, and providing electric vehicle charging equipment and networked EV charging services.

On May 9, Blink Charging Co. (NASDAQ:BLNK) announced first-quarter earnings. The non-GAAP EPS was -$0.13, which topped the analysts’ estimates by $0.07. The revenue surged 73.1% year-over-year to $37.57 million and beat the estimates by $2.96 million.

As of May 10, 3 Wall Street analysts have Buy ratings on Blink Charging Co. (NASDAQ:BLNK). The average price target of $6.38 has an upside of 84.18% to the stock’s current price.

At a stake value of $41.19 million, 7 hedge funds held positions in Blink Charging Co. (NASDAQ:BLNK) in the fourth quarter of 2023. As of December 31, 2023, Sculptor Capital is the top shareholder in the company and has a position worth $1.456 million.

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