Is Blink Charging (BLNK) a Buy in 2026 Amid EV Infrastructure Expansion and Strategic Momentum?

The electric vehicle (EV) revolution is accelerating, and companies positioned to capitalize on infrastructure demand are attracting investor attention. Blink Charging Co. (NASDAQ: BLNK) has emerged as a key player in this space, leveraging strategic shifts and operational refinements to align with the growing need for scalable EV charging solutions. As 2026 unfolds, the question remains: Is BLNK a compelling buy amid its strategic momentum and the broader EV infrastructure boom?

Strategic Positioning: Operational Efficiency and Innovation

Blink's strategic repositioning under its Blink Forward initiative has been a cornerstone of its 2025-2026 trajectory. The company's decision to transition from in-house manufacturing to contract production for EV charging hardware is a pivotal move. By outsourcing production to partners in the U.S. and India, Blink aims to reduce overhead costs, enhance supply-chain resilience, and redirect resources toward innovation and service expansion according to company announcements. This shift, expected to be fully implemented by early 2026, has already yielded tangible benefits: Q3 2025 results showed a 26% year-over-year reduction in operating expenses and a 35.8% gross margin, signaling improved financial discipline.

The acquisition of Zemetric, Inc. in Q2 2025 further strengthens Blink's portfolio, adding tailored solutions for fleets, multi-family, and commercial applications as reported. This diversification aligns with the growing demand for specialized EV infrastructure, particularly as corporate and municipal fleets adopt electrification at scale.

Market Catalysts: Partnerships, Interoperability, and Funding

Blink's strategic execution in 2026 has been bolstered by key partnerships and infrastructure contracts. The Richmond, Virginia contract to expand EV charging networks underscores its ability to secure municipal deals, a critical segment as cities prioritize climate goals according to company news. Additionally, integration with Hubject-a North American interoperability platform-enhances Blink's network accessibility, allowing users to charge across multiple providers seamlessly as detailed. Such partnerships position Blink as a facilitator of cross-platform EV adoption, a growing necessity in a fragmented market.

Financially, Blink has raised $20 million through a public offering in early 2026, directly funding the expansion of its fast-charging network according to financial reports. This capital infusion, combined with its focus on service revenue growth (projected to rise throughout 2025), suggests a shift toward recurring income streams, which are less volatile than product sales as stated. Service revenue already contributed 33% of total revenue in Q4 2024, and Blink anticipates this trend to continue according to earnings data.

Risks and Competitive Dynamics

Despite its momentum, Blink faces challenges. The EV charging market is highly competitive, with players like ChargePoint and EVgo dominating public networks. Blink's reliance on contract manufacturing could expose it to supply chain risks or quality control issues, though its geographic diversification with U.S. and Indian partners mitigates this to an extent as analyzed. Additionally, the success of its Blink Forward strategy hinges on the smooth execution of operational transitions, which could face delays or cost overruns.

Conclusion: A Buy in 2026?

Blink Charging's strategic pivot to contract manufacturing, coupled with its expanding service offerings and infrastructure contracts, positions it as a resilient player in the EV transition. The company's focus on operational efficiency-evidenced by reduced expenses and improved margins-aligns with long-term profitability goals. While risks persist, the broader tailwinds of EV adoption, government incentives, and infrastructure demand create a favorable backdrop. For investors seeking exposure to the EV infrastructure boom, BLNK's strategic momentum and execution progress in 2026 make it a compelling, though not risk-free, buy.