Streetbeat News

CHPT

ChargePoint Holdings, Inc.

https://www.chargepoint.com

Industry

Specialty Retail

ChargePoint Holdings, Inc. provides electric vehicle (EV) charging networks and charging solutions in the United States and internationally. It offers a portfolio of hardware, software, and services for commercial, fleet, and residential customers. The company was founded in 2007 and is headquartered in Campbell, California.

Open

0.66

Mkt cap

305M

Volume

23M

High

0.69

P/E Ratio

-1.06

52-wk high

2.44

Low

0.64

Div yield

N/A

52-wk low

0.56

ChargePoint Holdings, Inc. (NYSE:CHPT) reported better-than-expected Q1 results with a loss of 17 cents per share, beating the analyst estimate of 18 cents. Quarterly sales were $107 million, slightly above the $105.791 million estimate but down 17.71% year-over-year. The company sees Q2 revenue between $108 million and $118 million, below the $121.35 million consensus estimate.

Portfolio Pulse from Erica Kollmann

June 05, 2024 | 8:31 pm

ChargePoint has provided its Q2 revenue guidance, estimating between $108 million and $118 million, which is below the analyst consensus estimate of $121.35 million.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:12 pm

ChargePoint Holdings (NYSE:CHPT) reported Q1 2025 GAAP EPS of $(0.17), beating the $(0.18) estimate. Sales were $107 million, surpassing the $105.791 million estimate but down 17.71% from $130.030 million last year.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:11 pm

ChargePoint Holdings, Inc. (NYSE:CHPT) is in focus ahead of its fiscal-year 2025 first-quarter earnings report. Analysts expect an EPS loss of thirteen cents per share and revenue of $105.79 million. Last quarter, ChargePoint reported revenue of $115.83 million, missing estimates, but beat EPS expectations with a loss of twelve cents per share.

Portfolio Pulse from Dylan Berman

June 05, 2024 | 2:48 pm

U.S. stocks are set for a cautiously optimistic start on Wednesday, influenced by labor market data and service sector activity readings. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showed mixed premarket performance. Notable stock movements include Hewlett Packard Enterprise (HPE), CrowdStrike (CRWD), and Stitch Fix (SFIX) rising on earnings. Several companies are reporting quarterly results before and after the market open.

Portfolio Pulse from Shanthi Rexaline

June 05, 2024 | 11:24 am

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading higher in the premarket session after announcing a partnership with Airbnb, Inc. (NASDAQ:ABNB) to meet the growing demand for EV charging among Airbnb guests. The collaboration aims to streamline EV charger installation for Airbnb hosts in the U.S. and broaden access to EV charging infrastructure nationwide.

Portfolio Pulse from Nabaparna Bhattacharya

May 22, 2024 | 12:06 pm

ChargePoint and Airbnb have announced a partnership to facilitate the installation of EV chargers at Airbnb listings across the United States. This initiative aims to make it easier and more affordable for Airbnb hosts to provide EV charging options for their guests.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 10:05 am

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading down after the company announced new technology to support the future of the trucking industry. The new Megawatt Charging System (MCS) is expected to provide significant power for commercial trucking, marine, and aviation applications. ChargePoint will report its Q1 financial results on June 5.

Portfolio Pulse from Dylan Berman

May 16, 2024 | 5:02 pm

JPMorgan analysts highlight Blade Air Mobility Inc (BLDE), ChargePoint Holdings Inc (CHPT), and Enovix Corp (ENVX) as clean tech stocks with over 40% upside potential. Blade's strong Q1 performance and ChargePoint's market position, along with Enovix's cost reduction efforts, underscore their growth potential in the clean energy sector.

Portfolio Pulse from Surbhi Jain

May 13, 2024 | 7:05 pm

The article highlights the top 3 industrials stocks considered oversold in April, based on their RSI values being near or below 30. ChargePoint Holdings, Inc. (CHPT) was downgraded by Goldman Sachs, Hertz Global Holdings, Inc. (HTZ) had its price target lowered by Deutsche Bank, and SP Plus Corporation (SP) reported downbeat quarterly earnings but overall strong annual performance.

Portfolio Pulse from Avi Kapoor

April 24, 2024 | 12:17 pm

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