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 shares rose following the launch of an AI-powered tool aimed at improving the efficiency of diagnosing and repairing EV charging stations.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 6:02 pm

ChargePoint Holdings, Inc. (NYSE:CHPT) has introduced an AI-powered tool to diagnose and repair EV charging stations, boosting its stock price. The tool allows drivers to report issues via photos, enhancing charger uptime. ChargePoint is also partnering with major automakers like Daimler Buses and Porsche to expand its charging network.

Portfolio Pulse from Lekha Gupta

August 29, 2024 | 1:49 pm

ChargePoint Holdings, Inc. (NYSE:CHPT) is facing a challenging Q3 outlook due to industry headwinds, according to J.P. Morgan analyst Bill Peterson. The analyst expects Q3 guidance to fall below consensus, although the second half of the year may improve. Investor sentiment is cautious, but an Overweight rating is maintained. CHPT shares are down 3.54%.

Portfolio Pulse from Lekha Gupta

August 28, 2024 | 5:38 pm

ChargePoint Holdings, Inc. (NYSE:CHPT) has partnered with Daimler Buses to integrate its telematics and charge management systems with Mercedes-Benz and Setra brand buses. This collaboration aims to optimize fleet operations and provide fleet managers with comprehensive tools for monitoring and reporting. ChargePoint is also expanding its EV charging solutions through partnerships with major automakers like Porsche. Investors can gain exposure to ChargePoint via SPDR S&P Kensho Intelligent Structures ETF (NYSE:SIMS) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 1:26 pm

ChargePoint and Daimler Buses have partnered to integrate telematics for Mercedes-Benz and Setra electric fleets, enhancing fleet management without additional hardware.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 7:06 am

The EV market is experiencing a slowdown, impacting battery and charging stocks like ChargePoint, EVgo, Piedmont Lithium, and Lithium Americas. Investors are scrutinizing these stocks as automakers shift focus to hybrid vehicles. Regulatory changes and capacity plans are key future catalysts.

Portfolio Pulse from Surbhi Jain

August 23, 2024 | 1:44 pm

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading higher today following the announcement of their new EV connector solution, ChargePoint Omni Port. This innovation allows any EV to charge in any parking space without needing an additional cable. The stock has lost over 78% in the past year but is seeing a 9.44% increase today. Investors can also gain exposure to ChargePoint through SPDR S&P Kensho Intelligent Structures ETF (NYSE:SIMS) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Nabaparna Bhattacharya

August 08, 2024 | 6:13 pm

ChargePoint (NYSE:CHPT) announced the ChargePoint® Omni Port, an adaptable EV charging solution that allows any EV to charge in any parking space without needing an additional cable. This new feature is available at no extra cost.

Portfolio Pulse from charles@benzinga.com

August 08, 2024 | 12:06 pm

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading higher after the company announced it now enables drivers to charge at over one million locations across North America and Europe. The ChargePoint network has facilitated more than 10 billion electric miles to date, highlighting the growing demand for EV charging solutions. Despite a 74% loss in the past year, the stock has risen 61.49% in the past three months. Investors can also gain exposure to ChargePoint through SPDR S&P Kensho Intelligent Structures ETF (NYSE:SIMS) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Nabaparna Bhattacharya

July 25, 2024 | 6:53 pm

ChargePoint has expanded its EV charging network to over one million locations across North America and Europe, facilitating more than 10 billion electric miles to date.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:07 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.