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

1.22

Mkt cap

492M

Volume

High

1.23

P/E Ratio

-1.18

52-wk high

3.54

Low

1.14

Div yield

N/A

52-wk low

1.14

The article highlights unusual options activity for 10 industrial stocks, providing insights into potential trading opportunities. Notable mentions include bullish sentiment for CHPT, GEV, LYFT, and FERG, while bearish sentiment is observed for SYM, LMT, GE, and GWW.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 5:35 pm

JPMorgan analyst Patrick Jones predicts a significant copper deficit by 2030, driven by increased demand from electric vehicles and renewable energy. Despite potential substitution with other materials, the deficit is expected to persist. Key mining companies like Teck Resources and Rio Tinto are poised to benefit, while electrification plays like ChargePoint Holdings could also see gains.

Portfolio Pulse from Surbhi Jain

September 12, 2024 | 12:42 pm

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.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 5:01 pm

Goldman Sachs analyst Mark Delaney maintains a Sell rating on ChargePoint Holdings (NYSE:CHPT) and lowers the price target from $1.5 to $1.25.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:22 pm

Science Applications International Corp (SAIC) reported strong Q2 earnings, with revenue and EPS beating analyst expectations. Eastside Distilling (EAST) surged on a merger announcement, while Applied Digital (APLD) rose on a significant financing agreement. ChargePoint Holdings (CHPT) fell due to disappointing revenue results.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 6:30 pm

TD Cowen has downgraded ChargePoint Holdings from Buy to Hold and lowered its price target from $3 to $2.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:41 pm

Benchmark analyst Michael Legg has reiterated a Buy rating on ChargePoint Holdings (NYSE:CHPT) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 4:45 pm

RBC Capital analyst Chris Dendrinos maintains a Sector Perform rating on ChargePoint Holdings (NYSE:CHPT) but lowers the price target from $3 to $2.5.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 4:26 pm

ChargePoint Holdings Inc (NYSE:CHPT) reported disappointing Q2 results, missing revenue expectations and providing weak guidance for Q3. Analysts have mixed ratings, with some maintaining 'Buy' or 'Hold' ratings despite the challenges. The company announced a 15% workforce reduction to save costs, but profitability is now expected only by FY2026.

Portfolio Pulse from Priya Nigam

September 05, 2024 | 4:06 pm

ChargePoint Holdings Inc (NYSE:CHPT) shares fell after reporting disappointing Q2 results, with revenue below estimates and a significant year-over-year decline. The company announced a 15% workforce reduction to save costs and aims for positive EBITDA by 2026. Analyst Chris Pierce maintained a Buy rating but lowered the price target.

Portfolio Pulse from Adam Eckert

September 05, 2024 | 1:28 pm

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