7 Analysts Assess ChargePoint Hldgs: What You Need To Know
Portfolio Pulse from Benzinga Insights
ChargePoint Holdings (NYSE:CHPT) received mixed analyst ratings, with a decrease in the average 12-month price target from $3.39 to $2.54. Analysts have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. Despite positive revenue growth, ChargePoint faces challenges with a high debt-to-equity ratio and negative net margin, ROE, and ROA.
September 06, 2024 | 5:01 pm
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ChargePoint Holdings has received mixed analyst ratings, with a notable decrease in the average price target. Analysts have adjusted their ratings, reflecting concerns over the company's financial metrics, including high debt and negative margins.
The decrease in the average price target and the mixed analyst ratings suggest a bearish outlook for ChargePoint Holdings. The company's financial challenges, such as high debt and negative margins, contribute to this sentiment. Analysts' adjustments in ratings and price targets indicate a response to these financial concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100