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

UBS has initiated coverage on ChargePoint with a Buy rating and a price target of $9. This has led to an increase in ChargePoint's stock price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 3:20 pm

Shares of EV charging network companies ChargePoint Holdings Inc (NYSE:CHPT) and Blink Charging Co (NASDAQ:BLNK) are trading higher after UBS initiated coverage on the stocks with a Buy rating. UBS set a price target of $9 for ChargePoint and $7 for Blink. ChargePoint has positive ratings from 18 firms and neutral ratings from four, while Blink has positive ratings from five firms and neutral ratings from five.

Portfolio Pulse from Adam Eckert

September 27, 2023 | 12:33 pm

Analysts have provided various ratings for ChargePoint Hldgs (NYSE:CHPT) within the last quarter, with a majority being bullish or somewhat bullish. The average price target given by these analysts is $11.66, which is significantly higher than the current price of $4.85. However, this average has decreased by 26.62% from the previous average price target of $15.89.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 12:00 pm

UBS analyst Robert Jamieson has initiated coverage on ChargePoint Holdings (NYSE:CHPT) with a Buy rating and a price target of $9.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 9:07 am

The article reports on the recent options activity in the Industrials sector. It mentions several US-listed companies including ChargePoint Holdings (CHPT), FedEx (FDX), Automatic Data Processing (ADP), American Airlines (AAL), Nikola (NKLA), Virgin Galactic (SPCE), Delta Air Lines (DAL), Snap-on (SNA), Boeing (BA), and 3M (MMM). The options activity ranges from bearish to bullish and neutral sentiments.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 5:35 pm

Former President Donald Trump has warned that the future of America's automotive industry looks bleak, with all electric vehicles (EVs) likely to be made in China. Despite this, two EV stocks, ChargePoint Holdings Inc. (NYSE:CHPT) and Blink Charging Co. (NASDAQ:BLNK), are poised to benefit regardless of where the cars are made. Both companies focus on the EV charging business, with ChargePoint's network having over 255,000 activated ports and Blink operating a proprietary cloud-based software for its charging stations.

Portfolio Pulse from Jing Pan

September 19, 2023 | 2:35 pm

ChargePoint Holdings Inc (NASDAQ:CHPT) shares are trading lower by 4.6% after Goldman Sachs analyst Mark Delaney maintained a Neutral rating and lowered the price target from $10 to $7. The company recently reported worse-than-expected Q2 results, with a net loss of 24 cents per share and quarterly sales of $150.49 million, slightly below the analyst consensus estimate of $153.24 million.

Portfolio Pulse from Henry Khederian

September 18, 2023 | 3:09 pm

Goldman Sachs analyst Mark Delaney has maintained a Neutral rating on ChargePoint Holdings (NYSE:CHPT) and lowered the price target from $10 to $7.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:48 pm

Insiders at four companies, Iovance Biotherapeutics (IOVA), ModivCare (MODV), ChargePoint Holdings (CHPT), and Bowlero Corp (BOWL), have made notable purchases of their companies' stocks. IOVA director Wayne P Rothbaum acquired 5 million shares for around $26.5 million. MODV director Adam Gray bought 330,216 shares for around $10.82 million. CHPT 10% owner Bruce Chizen purchased 500,000 shares for around $2.9 million. BOWL director Alan John Young bought 4,900 shares for around $50,274.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 11:10 am

ChargePoint Holdings Inc (NASDAQ:CHPT) shares are trading lower by 3.19% to $2.73, despite no company-specific news. The company reported worse-than-expected Q2 results last week, with a net loss of 24 cents per share, missing the analyst consensus estimate of a loss of 15 cents. Quarterly sales were $150.49 million, slightly below the analyst consensus estimate of $153.24 million by 1.79 percent.

Portfolio Pulse from Henry Khederian

September 15, 2023 | 2:54 pm

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