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 and Porsche Cars North America have announced a partnership to integrate their charging services, significantly increasing the number of available charging stations in the Porsche Charging Service.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:05 pm

Analysts from Needham and Oppenheimer have mixed views on ChargePoint Holdings, Inc. (NYSE: CHPT) despite a positive Q1 performance. Needham's Chris Pierce reiterated a Buy rating with a $3 price target, citing improved revenue and EBITDA. However, he expects Q2 estimates to be revised down and remains cautious about long-term growth. Oppenheimer's Colin Rusch maintained a Perform rating, noting solid operational execution but awaiting further revenue growth evidence. CHPT shares rose 4.05% to $1.80.

Portfolio Pulse from Anusuya Lahiri

June 06, 2024 | 6:03 pm

Analysts have provided mixed ratings for ChargePoint Holdings (NYSE:CHPT) over the past three months, with a majority being bullish. The average 12-month price target has decreased from $3.00 to $2.62. Key analysts have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. ChargePoint faces challenges in revenue growth, net margin, ROE, and ROA, but maintains a sound debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 5:00 pm

TD Cowen analyst Gabe Daoud maintains a Buy rating on ChargePoint Holdings (NYSE:CHPT) but lowers the price target from $4 to $3.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:41 pm

US stock futures show caution after a strong Wednesday, with positive earnings news and hopes for ECB rate cuts. Nvidia led tech gains, while analysts warn of potential summer volatility. Key economic data releases are expected, and several companies report earnings.

Portfolio Pulse from Shanthi Rexaline

June 06, 2024 | 11:24 am

Needham analyst Chris Pierce has reiterated a Buy rating on ChargePoint Holdings (NYSE:CHPT) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:32 am

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

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.