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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) 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

ChargePoint Holdings Inc (NYSE:CHPT) shares are trading lower by 3.5% to $2.05, likely due to Tesla's mixed second-quarter earnings and forecast of reduced vehicle volume growth for 2024. Tesla's performance can influence the EV sector, potentially reducing demand for ChargePoint's charging infrastructure.

Portfolio Pulse from Henry Khederian

July 24, 2024 | 4:28 pm

As Q2 earnings season approaches, clean tech stocks like Enovix Corp (NASDAQ:ENVX) and ChargePoint Holdings Inc (NYSE:CHPT) are in focus. Despite recent gains, the sector remains volatile. Analyst Bill Peterson highlights cautious investor sentiment and elevated short interest. Enovix has announced new commercial agreements and plans to scale production, leading to a raised price target. ChargePoint is expected to see sequential improvement but faces mixed demand. Archer Aviation Inc (NYSE:ACHR) and Joby Aviation Inc (NYSE:JOBY) have surged but may not align with fundamentals. Plug Power Inc (NASDAQ:PLUG) faces policy uncertainty affecting growth. The sector faces political and economic risks, with upcoming earnings likely to address these issues.

Portfolio Pulse from Surbhi Jain

July 24, 2024 | 12:33 pm

The article highlights unusual options activity for seven industrial stocks: CHPT, SAVE, AAL, GE, FDX, UBER, and LHX. These activities include both bullish and bearish sentiments, with significant trading volumes and varying expiration dates.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 5:35 pm

Shares of companies within the broader industrial sector are trading higher following positive Core Retail Sales and Retail Sales economic data. Additionally, trader optimism about potential Fed rate cuts is contributing to the sector's strength.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 6:14 pm

Shares of EV and charging stocks are trading higher following Tesla's strong delivery figures. Other companies in the sector have also reported delivery and production numbers recently.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 4:03 pm

ChargePoint Holdings, Inc. (NASDAQ:CHPT) shares are being closely watched as Tesla, Inc. (NASDAQ:TSLA) and Rivian Automotive, Inc. (NASDAQ:RIVN) report strong Q2 EV production and delivery figures. Chinese EV stocks NIO Inc (NYSE:NIO), Li Auto Inc. (NASDAQ:LI), and XPeng Inc. (NYSE:XPEV) also show significant year-over-year delivery increases. ChargePoint could benefit from increased EV sales, but its stock is currently trading in-line with its 50-day moving average and has a high short interest. Benchmark analyst Michael Legg maintained a Buy rating but lowered the price target to $3.

Portfolio Pulse from Erica Kollmann

July 02, 2024 | 3:45 pm

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