Renewable Energy Stocks Perform Well in Q1, Plug Power and Generac Stand Out

Renewable energy stocks have performed well this quarter, with share prices up 22.2% on average since the latest earnings results. Plug Power reported revenues of $133.7 million, up 11.2% YoY, beating analysts' expectations by 1.3%. Generac had a stunning quarter with revenues of $942.1 million, up 5.9% YoY, outperforming analysts' expectations by 2.3%. Blink Charging reported revenues of $5.2 million, down 28.6% YoY, missing analysts' expectations by 22.2%.

Blink Charging (BLNK) reported revenues of $5.2 million in the second quarter of 2025, down 28.6% year-over-year (YoY), falling short of analyst expectations by 22.2%. The company's stock closed at $0.87 on the latest trading session, marking a -5.75% move from the previous day, which was behind the S&P 500's daily loss of 1.13% [1].

Despite the revenue decline, Blink Charging has shown strong growth in the past month, with a 29.49% increase in share price. This performance outpaced the Computer and Technology sector's gain of 7.36% and the S&P 500's gain of 3.55%. The company's Zacks Rank, which evaluates the power of industry groups by determining the average Zacks Rank of individual stocks, currently stands at #4 (Sell), indicating a neutral outlook [1].

Blink Charging is part of the Electronics - Miscellaneous Services industry, which ranks 95 out of 250 industries, placing it within the top 39%. This industry is expected to outperform the bottom half by a factor of 2 to 1, according to Zacks Research [1].

The company's earnings are expected to post a year-over-year growth of 11.11%, with a revenue of $25.11 million, down 24.5% from the prior-year quarter. For the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.57 per share and a revenue of $110.23 million, indicating changes of +6.56% and -12.65%, respectively, from the former year [1].

Investors should also keep an eye on any recent revisions to analyst forecasts for Blink Charging, as these adjustments often mirror the shifting dynamics of short-term business patterns and can have a direct correlation with impending stock price performance [1].

Blink Charging has been actively implementing Plug&Charge technology, which allows drivers to skip the need for apps or credit cards, making the charging process more convenient. The company's efforts in this area could contribute to the growth of the EV charging infrastructure, which is expected to grow in tandem with the EV industry as a whole [2].

In conclusion, while Blink Charging's Q2 results were disappointing, the company's long-term growth prospects and technological advancements in the EV charging sector could make it an attractive investment for those interested in the renewable energy space.

References:
[1] https://finance.yahoo.com/news/blink-charging-blnk-sees-more-221502344.html
[2] https://electrek.co/guides/plug-and-charge/