What 10 Analyst Ratings Have To Say About ChargePoint Hldgs
Portfolio Pulse from Benzinga Insights
ChargePoint Holdings (NYSE:CHPT) has received 10 analyst ratings in the last quarter, with 4 bullish, 3 somewhat bullish, and 3 indifferent. The average price target is $5.92, which is significantly higher than the current price of $2.0099, suggesting a potential upside. However, this target represents a 38.14% decrease from the previous target of $9.57. Analysts use various data sources to provide these ratings, which are opinions and not guarantees of performance.
December 07, 2023 | 2:00 pm
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POSITIVE IMPACT
ChargePoint Holdings has been rated by 10 analysts with a current average price target of $5.92, indicating a potential upside from its current price of $2.0099. The new target is a 38.14% decrease from the previous target of $9.57.
The average price target suggests analysts believe the stock has a significant upside potential, which could positively influence investor sentiment and the stock price in the short term. However, the decrease in the target price from the previous average may temper expectations. The ratings are a mix of bullish and neutral, with no bearish outlooks, which generally indicates a positive sentiment among analysts.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100