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

ChargePoint's shares have declined following the release of disappointing Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:07 pm

Evercore ISI Group has maintained an 'Outperform' rating on ChargePoint Holdings (NYSE:CHPT) but has lowered the price target from $6 to $4.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:04 pm

Verint Systems Inc. reported disappointing Q2 results, missing both earnings and sales estimates, and announced a $200 million stock buyback program. This led to a 15% drop in its stock price in pre-market trading. Other companies like C3.ai, Credo Technology, and ChargePoint also saw significant declines due to various earnings-related announcements.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 12:28 pm

Top Wall Street analysts have updated their price targets and ratings for several companies, including C3.ai, Collegium Pharmaceutical, ChargePoint Holdings, S&P Global, Dollar Tree, Novartis, Core & Main, EVERTEC, Celanese, and StoneCo. Notable changes include a significant downgrade for Dollar Tree and a raised target for S&P Global.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 12:19 pm

Wall Street futures are mixed as investors await jobless claims data. C3.ai's earnings disappointment pressures AI stocks, while Nvidia sees modest gains. SPY and QQQ ETFs show slight premarket movements. Analysts predict short-term market weakness but expect a post-election recovery.

Portfolio Pulse from Shanthi Rexaline

September 05, 2024 | 10:51 am

Needham analyst Chris Pierce maintains a Buy rating on ChargePoint Holdings (NYSE:CHPT) but lowers the price target from $3 to $2.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:07 am

Modular Medical, Inc. (NASDAQ:MODD) shares surged 29.1% in pre-market trading following FDA clearance of its MODD1 insulin pump. Other notable pre-market movers include Eastside Distilling, Inc. (NASDAQ:EAST) with a 177.2% gain due to a merger announcement, and C3.ai, Inc. (NYSE:AI) which fell 18.7% after releasing first-quarter results.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 9:33 am

ChargePoint Holdings Inc (NYSE:CHPT) reported Q2 earnings with revenue missing estimates and EPS in line. The company announced a 15% workforce reduction and expects Q3 revenue between $85M-$95M. Shares fell 8.28% in after-hours trading.

Portfolio Pulse from Adam Eckert

September 04, 2024 | 8:47 pm

ChargePoint shares declined following the company's disappointing Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:25 pm

ChargePoint Holdings reported Q2 2025 earnings per share of $(0.16), meeting analyst expectations. However, sales were $109 million, missing the $113.6 million estimate and marking a 27.57% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:16 pm

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