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$IDEX stock forecast for 2021-2025: is the EV-focused fintech firm a buy now?
“Fitch believes IDEX's results will begin to recover in 2021, with sales growth of 7-8 per cent and some margin expansion, and that there is upside to IDEX's margins over time from operating leverage and as the company closely manages its expenses.”
The share price of the commercial electric vehicle (EV) and fintech firm Ideanomics (IDEX) climbed by 152 per cent in 2020, and jumped by another 178 per cent in the first few weeks of 2021. However, it has since slipped back to trade at $3.08 at the time of writing, March 22.
So, is now a good time to buy the stock ahead of further gains, or is there potential for the price to fall further?
Ideanomics operates two divisions: Ideanomics Mobility, which is focused on the adoption of commercial EVs through group purchasing discounts as well as financing and charging, and Ideanomics Capital, which provides fintech solutions for the financial services industry. Both EVs and fintech are high-growth markets that are attractive to investors and have seen heightened volatility of late as clean energy and technology stocks have fallen since the start of the year.
In this IDEX stock analysis, we look at the recent developments driving the share price and IDEX stock predictions for this year and beyond.
https://capital.com/ideanomics-idex-stock-forecast-2021-2025
More $IDEX NEWS Ideanomics Divests Grapevine and Invests in Hoo.be
https://investors.ideanomics.com/2021-04-21-Ideanomics-Divests-Grapevine-and-Invests-in-Hoo-be-by-FNL-Technologies
More $IDEX NEWS Ideanomics Divests Grapevine and Invests in Hoo.be
https://investors.ideanomics.com/2021-04-21-Ideanomics-Divests-Grapevine-and-Invests-in-Hoo-be-by-FNL-Technologies
Please send a link of your 8x34 chart.
I am long with $IDEX and expect more news & growth in 2021.
Roth Capital is long and Roth analysts are targeting a $7 price.
Thanks $IDEX is growing in time yes higher valuations
Thanks IDEX is amongst Tesla, Workhorse and Roth Capital coverage.
That say something about IDEX imo.
Yes true about the $IDEX trend, it's better for new investors at these levels as compared to wild spikes in price where up +++ in one day and down - - the next . ...
$IDEX trades $2.52 getting close to your breakout of $2.55
Thanks AugustaF, $IDEX looks good in early trading.
Maybe Roth clients are buying ?
Roth Capital Partners Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
$5 by Friday that would be nice ....
Yes and there were 2 news releases today, one from each the Mobility & Capital Divisions
Did you see the one from the Capital Division ?
Ideanomics Divests Grapevine and Invests in Hoo.be
https://investors.ideanomics.com/2021-04-21-Ideanomics-Divests-Grapevine-and-Invests-in-Hoo-be-by-FNL-Technologies
NEWS - Earth Day is tomorrow and Ideanomics’ Partner Solectrac Delivers E-Tractor to First Hawaii Customer
https://investors.ideanomics.com/2021-04-21-Sustainable-Farming-Innovator-Solectrac-Delivers-E-Tractor-to-First-Hawaii-Customer-Kim-and-Jack-Johnsons-Environmental-Education-Nonprofit-Kokua-Hawai-i-Foundation
$IDEX- Ideanomics’ Partner Solectrac Delivers E-Tractor to First Hawaii Customer
https://investors.ideanomics.com/2021-04-21-Sustainable-Farming-Innovator-Solectrac-Delivers-E-Tractor-to-First-Hawaii-Customer-Kim-and-Jack-Johnsons-Environmental-Education-Nonprofit-Kokua-Hawai-i-Foundation
$IDEX- Ideanomics’ Partner Solectrac Delivers E-Tractor to First Hawaii Customer
https://investors.ideanomics.com/2021-04-21-Sustainable-Farming-Innovator-Solectrac-Delivers-E-Tractor-to-First-Hawaii-Customer-Kim-and-Jack-Johnsons-Environmental-Education-Nonprofit-Kokua-Hawai-i-Foundation
Thanks Spot and also the sales of WAVE IDEX wireless platforms will be another source of cash flow , $7M+ was realized in 2020.
Q1 should include the all EV sales and Wireless platform sales.
Proven wireless charging solution, active commercial installations, and Made in America
50kW -380kW deployed & available, 500kW & 1mW progressive testing
2020 rev. $7M+, active 2021 deployments & installations, bold 2022 outlook & beyond
Only wireless charging truly addresses the market opportunity for autonomous vehicles
Integrated Medici Motor Works vehicle programs available globally
WAVE customers include the largest EV bus system in the U.S., the Antelope Valley Transit Authority, and its partnerships include Kenworth, Gillig, BYD, Complete Coach Works, and more.
https://waveipt.com/
Thanks Spot $1.5 T MF Act will benefit $IDEX and its US EV operations
Good strategy with $IDEX waiting for the bottom of the bottom and with the small caps in general.
$IDEX Buy on the Dip ? Follow the Money ?
Roth Capital Partners Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
Roth Capital Partners Initiates Coverage on Ideanomics (Nasdaq-IDEX) with Buy Rating.
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
Roth Capital Partners Initiates Coverage on Ideanomics (Nasdaq-IDEX) with Buy Rating.
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
$IDEX Buy on the Dip ? Follow the Money ?
$IDEX - Roth Capital Partners Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
$IDEX Buy on the Dip ? Follow the Money ?
$IDEX - Roth Capital Partners Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
Wireless Electric Vehicle (EV) Charging Systems Market to Reach $827.03 Million by 2027
$IDEX - Ideanomics to Acquire Utah-based Wireless Charging Provider WAVE
According to a new market research report titled "Wireless Electric Vehicle (EV) Charging Systems Global Forecast to 2027," the wireless electric vehicle (EV) charging systems market is expected to grow at a CAGR of 53.1% from 2020 to 2027 to reach $827.03 million by 2027
Wireless EV charging systems use inductive power transfer technology to transfer power over the air from a pad embedded in the ground to a pad attached to the underbelly of an electric vehicle to charge the vehicle's battery. These pads are either installed in the parking spaces of commercial infrastructures and private garages for charging one vehicle at a time or along a stretch of road for charging multiple vehicles while they are on the move. Wireless EV charging systems can potentially help avoid plug-in problems usually faced with wired EV charging systems. The major factors driving the growth of the wireless EV charging systems market include the rising demand for electric vehicle (EV) fast-charging infrastructure, increasing implementation of wireless charging infrastructure in the European countries, and the increasing prevalence of range anxiety. The standardization of wireless EV charging systems also aids the growth of this market.
Moreover, the growing use of autonomous vehicles in public transport and logistics by major retail MNCs and shared mobility operators worldwide is expected to create significant opportunities for players operating in this market. However, the high cost of implementing wireless charging infrastructure obstructs the growth of this market to some extent. Insufficient funding from investors due to the lack of attractive value propositions of wireless EV charging systems for customers is a major challenge for the growth of the wireless electric vehicle (EV) charging systems market.
https://investors.ideanomics.com/2021-01-05-Ideanomics-Signs-a-Definitive-Agreement-to-Acquire-Utah-based-Wireless-Charging-Provider-WAVE
Wireless Electric Vehicle (EV) Charging Systems Market to Reach $827.03 Million by 2027
$IDEX - Ideanomics to Acquire Utah-based Wireless Charging Provider WAVE
According to a new market research report titled "Wireless Electric Vehicle (EV) Charging Systems Global Forecast to 2027," the wireless electric vehicle (EV) charging systems market is expected to grow at a CAGR of 53.1% from 2020 to 2027 to reach $827.03 million by 2027
Wireless EV charging systems use inductive power transfer technology to transfer power over the air from a pad embedded in the ground to a pad attached to the underbelly of an electric vehicle to charge the vehicle's battery. These pads are either installed in the parking spaces of commercial infrastructures and private garages for charging one vehicle at a time or along a stretch of road for charging multiple vehicles while they are on the move. Wireless EV charging systems can potentially help avoid plug-in problems usually faced with wired EV charging systems. The major factors driving the growth of the wireless EV charging systems market include the rising demand for electric vehicle (EV) fast-charging infrastructure, increasing implementation of wireless charging infrastructure in the European countries, and the increasing prevalence of range anxiety. The standardization of wireless EV charging systems also aids the growth of this market.
Moreover, the growing use of autonomous vehicles in public transport and logistics by major retail MNCs and shared mobility operators worldwide is expected to create significant opportunities for players operating in this market. However, the high cost of implementing wireless charging infrastructure obstructs the growth of this market to some extent. Insufficient funding from investors due to the lack of attractive value propositions of wireless EV charging systems for customers is a major challenge for the growth of the wireless electric vehicle (EV) charging systems market.
https://investors.ideanomics.com/2021-01-05-Ideanomics-Signs-a-Definitive-Agreement-to-Acquire-Utah-based-Wireless-Charging-Provider-WAVE
YW JJ8, It was my pleasure
The EV sector is growing and we can expect more continuous growth in the coming years.
The White House's $2 trillion infrastructure and employment package, includes $174 billion to fund electric cars, the proposal's single largest item in the transportation segment.
For the next decade, the money will be used to fund the installation of 500,000 electric car chargers.
Wireless Electric Vehicle (EV) Charging Systems Market to Reach $827.03 Million by 2027
$IDEX - Ideanomics to Acquire Utah-based Wireless Charging Provider WAVE
According to a new market research report titled "Wireless Electric Vehicle (EV) Charging Systems Global Forecast to 2027," the wireless electric vehicle (EV) charging systems market is expected to grow at a CAGR of 53.1% from 2020 to 2027 to reach $827.03 million by 2027
Wireless EV charging systems use inductive power transfer technology to transfer power over the air from a pad embedded in the ground to a pad attached to the underbelly of an electric vehicle to charge the vehicle's battery. These pads are either installed in the parking spaces of commercial infrastructures and private garages for charging one vehicle at a time or along a stretch of road for charging multiple vehicles while they are on the move. Wireless EV charging systems can potentially help avoid plug-in problems usually faced with wired EV charging systems. The major factors driving the growth of the wireless EV charging systems market include the rising demand for electric vehicle (EV) fast-charging infrastructure, increasing implementation of wireless charging infrastructure in the European countries, and the increasing prevalence of range anxiety. The standardization of wireless EV charging systems also aids the growth of this market.
Moreover, the growing use of autonomous vehicles in public transport and logistics by major retail MNCs and shared mobility operators worldwide is expected to create significant opportunities for players operating in this market. However, the high cost of implementing wireless charging infrastructure obstructs the growth of this market to some extent. Insufficient funding from investors due to the lack of attractive value propositions of wireless EV charging systems for customers is a major challenge for the growth of the wireless electric vehicle (EV) charging systems market.
https://investors.ideanomics.com/2021-01-05-Ideanomics-Signs-a-Definitive-Agreement-to-Acquire-Utah-based-Wireless-Charging-Provider-WAVE
The White House's $2 trillion infrastructure and employment package, unveiled last week, includes $174 billion to fund electric cars, the proposal's single largest item in the transportation segment. For the next decade, the money will be used to fund the installation of 500,000 electric car chargers.
But if the US can pull off electrification of its greatest contributor to climate change, it bodes well for decarbonizing the rest of the economy.
According to Biden's strategy, the government must set a precedent by purchasing large fleets of electric vehicles.
https://www.vox.com/22364340/electric-cars-biden-infrastructure-plan-evs-chargers
Ideanomics Inc. “Driving Commercial EV Adoption” (Nasdaq-IDEX)
Video Presentation - March 2021
Wireless Electric Vehicle (EV) Charging Systems Market to Reach $827.03 Million by 2027
$IDEX - Ideanomics to Acquire Utah-based Wireless Charging Provider WAVE
According to a new market research report titled "Wireless Electric Vehicle (EV) Charging Systems Global Forecast to 2027," the wireless electric vehicle (EV) charging systems market is expected to grow at a CAGR of 53.1% from 2020 to 2027 to reach $827.03 million by 2027.
Wireless EV charging systems use inductive power transfer technology to transfer power over the air from a pad embedded in the ground to a pad attached to the underbelly of an electric vehicle to charge the vehicle's battery. These pads are either installed in the parking spaces of commercial infrastructures and private garages for charging one vehicle at a time or along a stretch of road for charging multiple vehicles while they are on the move. Wireless EV charging systems can potentially help avoid plug-in problems usually faced with wired EV charging systems. The major factors driving the growth of the wireless EV charging systems market include the rising demand for electric vehicle (EV) fast-charging infrastructure, increasing implementation of wireless charging infrastructure in the European countries, and the increasing prevalence of range anxiety. The standardization of wireless EV charging systems also aids the growth of this market.
Moreover, the growing use of autonomous vehicles in public transport and logistics by major retail MNCs and shared mobility operators worldwide is expected to create significant opportunities for players operating in this market. However, the high cost of implementing wireless charging infrastructure obstructs the growth of this market to some extent. Insufficient funding from investors due to the lack of attractive value propositions of wireless EV charging systems for customers is a major challenge for the growth of the wireless electric vehicle (EV) charging systems market.
https://investors.ideanomics.com/2021-01-05-Ideanomics-Signs-a-Definitive-Agreement-to-Acquire-Utah-based-Wireless-Charging-Provider-WAVE
Wireless Electric Vehicle (EV) Charging Systems Market to Reach $827.03 Million by 2027
$IDEX - Ideanomics to Acquire Utah-based Wireless Charging Provider WAVE
According to a new market research report titled "Wireless Electric Vehicle (EV) Charging Systems Global Forecast to 2027," the wireless electric vehicle (EV) charging systems market is expected to grow at a CAGR of 53.1% from 2020 to 2027 to reach $827.03 million by 2027.
Wireless EV charging systems use inductive power transfer technology to transfer power over the air from a pad embedded in the ground to a pad attached to the underbelly of an electric vehicle to charge the vehicle's battery. These pads are either installed in the parking spaces of commercial infrastructures and private garages for charging one vehicle at a time or along a stretch of road for charging multiple vehicles while they are on the move. Wireless EV charging systems can potentially help avoid plug-in problems usually faced with wired EV charging systems. The major factors driving the growth of the wireless EV charging systems market include the rising demand for electric vehicle (EV) fast-charging infrastructure, increasing implementation of wireless charging infrastructure in the European countries, and the increasing prevalence of range anxiety. The standardization of wireless EV charging systems also aids the growth of this market.
Moreover, the growing use of autonomous vehicles in public transport and logistics by major retail MNCs and shared mobility operators worldwide is expected to create significant opportunities for players operating in this market. However, the high cost of implementing wireless charging infrastructure obstructs the growth of this market to some extent. Insufficient funding from investors due to the lack of attractive value propositions of wireless EV charging systems for customers is a major challenge for the growth of the wireless electric vehicle (EV) charging systems market.
https://investors.ideanomics.com/2021-01-05-Ideanomics-Signs-a-Definitive-Agreement-to-Acquire-Utah-based-Wireless-Charging-Provider-WAVE
Tree Technologies to Supply 200,000 E-Motorbikes to Indonesia with Total Deal Value of $274M
https://investors.ideanomics.com/2021-04-14-Tree-Technologies-Inks-Deal-To-Supply-200-000-E-Motorbikes-To-Indonesia
Tree Technologies to Supply 200,000 E-Motorbikes to Indonesia with Total Deal Value of $274M
https://investors.ideanomics.com/2021-04-14-Tree-Technologies-Inks-Deal-To-Supply-200-000-E-Motorbikes-To-Indonesia
Biden’s EV plan includes $100 billion in purchase rebates and $15 billion for charging stations - Ideanomics Inc. “Driving Commercial EV Adoption in the USA”
https://chargedevs.com/newswire/bidens-ev-plan-includes-100-billion-in-purchase-rebates-and-15-billion-for-charging-stations/
$IDEX - Roth Capital Partners Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7 Mr.
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
Biden’s EV plan includes $100 billion in purchase rebates and $15 billion for charging stations - Ideanomics Inc. “Driving Commercial EV Adoption in the USA”
https://chargedevs.com/newswire/bidens-ev-plan-includes-100-billion-in-purchase-rebates-and-15-billion-for-charging-stations/
$IDEX - Roth Capital Partners Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7 Mr.
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
$IDEX - Roth Capital Partners Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7 Mr.
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
$IDEX - Roth Capital Partners Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7 Mr.
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
Yes JJ8 the company is quite dynamic and holds a promising future with many revenue generating assets.
Last week Roth Capital Partners announced analyst coverage of Ideanomics.
Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
Plug Power Inc. Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
Roth Capital Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
Workhorse Group, Inc., Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
Roth Capital Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.htm
Tesla, Inc., Roth’s list of analyst coverage of EV companies:
Tesla, Inc., Workhorse Group, Inc., Plug Power Inc., Blink Charging Co., Canoo, Inc., Beam Global, Blue Bird Corporation, Ballard Power Systems, Inc., ChargePoint Holdings, Inc., Flux Power Holdings, Inc., Arcimoto, Inc., GreenPower Motor Company Inc., and Electra Meccanica Vehicles Corp.
Roth Capital Initiates Coverage on Ideanomics with Buy Rating, Announces Price Target of $7
https://www.americanbankingnews.com/2021/04/14/roth-capital-initiates-coverage-on-ideanomics-nasdaqidex.html
The IDEX Roth Capital Analyst Report was April 14,2021
Targets $7 which some believe is conservative take a look at BLNK $30 and is not a strong as IDEX imo
Blink Charging which is only a EV charger company, and IDEX which owns a wireless charger WAVE along with 9 other companies ......
fyi WAVE revenues ~$7M in 2020.
Q1 is May 17 2021 which imo will be another good quarter.
Here's a short comparison.
BLNK
Selected Full Year 2020 Highlights:
Total revenue grew 121% to $6.2 million compared to $2.8 million in 2019.
Revenues from product sales increased significantly to $4.4 million compared to $0.9 million in 2019, related primarily to increased demand for the Company’s commercial and residential products.
Revenues from network fees, warranty, grant/rebates and other revenues increased to $1.0 million compared to $0.5 million last year, related to the increase in EV chargers in the Company’s network
Revenues from charging services decreased to $0.8 million as compared to $1.4 million for full year 2019, related primarily to the decrease in EV charging due to the COVID-19 pandemic.
IDEX
Selected Full Year 2020 Highlights:
Revenues for the year ended December 31, 2020, were $26.8 million
MEG Announces Purchase Agreement for 2,000 Units of D1, BYD's Custom Electric Ride-hailing Vehicle in December 2020
Acquired cash flow positive Timios Holding Corp. in January 2021
Invested in leading electric tractor company Solectrac in October 2020
Bolstered Cash position to $166M as of December 31, 2020 (April 1 $330M)