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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

0.66

Mkt cap

305M

Volume

23M

High

0.69

P/E Ratio

-1.06

52-wk high

2.44

Low

0.64

Div yield

N/A

52-wk low

0.56

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

US stock futures are down, with the VIX spiking 10% and Bitcoin sliding. Nvidia is down over 1% in premarket trading. Analysts suggest focusing on defensive stocks amid mixed economic data. GitLab surged 17% on earnings, while PagerDuty and Zscaler fell over 14%.

Portfolio Pulse from Shanthi Rexaline

September 04, 2024 | 11:01 am

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

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