ChargePoint Holdings, Inc. (CHPT) is slated to release fourth-quarter fiscal 2024 results on Mar 5, after the closing bell. The Zacks Consensus Estimate for the to-be-reported loss per share and revenues is pegged at 12 cents and $126.48 million, respectively.For the fiscal fourth quarter, the consensus estimate for the electric vehicle (EV) charging company’s loss per share has widened by 2 cents in the past 90 days. Its bottom-line estimates imply an increase of 7.69% from the year-ago reported number.The ...

Campbell, Calif. – March 5, 2024 – ChargePoint Holdings, Inc. (NYSE:CHPT) ("ChargePoint"), a leading provider of networked solutions for charging electric vehicles (EVs), today reported results for its fourth quarter and full fiscal year ended January 31, 2024. Exhibit 99.1 -chargepoin+ ChargePoint Reports Fourth Quarter and Full Fiscal Year 2024 Financial Results • Fiscal fourth quarter revenue of $116 million and full fiscal year revenue of $507 million • Fiscal fourth quarter GAAP gross margin of 19% and ...

ChargePoint Holdings, Inc. (CHPT) ended the recent trading session at $1.99, demonstrating a -1% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.17%. Elsewhere, the Dow lost 0.06%, while the tech-heavy Nasdaq lost 0.55%.The the stock of company has risen by 3.61% in the past month, lagging the Auto-Tires-Trucks sector's gain of 11.99% and the S&P 500's gain of 3.98%.Investors will be eagerly watching for the performance of ChargePoint Holdings, Inc. in its upco ...

Under-$5 stocks for new investors are a tricky proposition. On one hand, today’s under-$5 stocks could be some of tomorrow’s stock market giants. As recently as 2013, Nvidia (NASDAQ:NVDA) traded in under-$5 territory, and we all know how that turned out. At the same time, plenty of under-$5 stocks are in the stock market’s dustbin.Before buying these under-$5 stocks for new investors, ask yourself two questions. One, does it have the financial strength to survive the next few years, especially in today’s ma ...

SAN FRANCISCO--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a leading provider of solutions for charging electric vehicles (EVs), EnTech Solutions, a division of Faith Technologies Incorporated (FTI) and a comprehensive distributed energy solutions provider, and Wells Fargo (NYSE: WFC), a leading financial services company, today announced their collaboration to offer simplified, flexible financing solutions for businesses building out charging infrastructure for EV fleets. Wells Fargo has worked with EnTe ...

Demand for EVs remains robust based on delivery numbers by some of the leading firms in the sector.  Further, the expectation of rate cuts later this year promises to boost the sagging industry. Yet that does not imply that investors should throw their hard-earned capital at EV stocks indiscriminately. In fact, there continues to be a glut of junk stocks available throughout the EV sector. The automotive industry is one that is known for tight margins and difficult to secure profitability. The introduction ...

ChargePoint (CHPT -1.04%) shares have been pummeled over the last year. The stock price of this electric vehicle (EV) charging network and equipment company plunged more than 80% in the last 12 months.However, one analyst thinks the stock is now set up to be a big winner for investors. Benchmark analyst Michael Legg just initiated coverage on ChargePoint with a buy rating and share price target of $4.25. That would represent a more than 100% gain in the stock from Tuesday's closing price of $2.06 per share. ...

The most recent trading session ended with ChargePoint Holdings, Inc. (CHPT) standing at $1.92, reflecting a -0.52% shift from the previouse trading day's closing. This change lagged the S&P 500's daily gain of 2.11%. Elsewhere, the Dow saw an upswing of 1.18%, while the tech-heavy Nasdaq appreciated by 2.96%.Prior to today's trading, shares of the company had lost 4.93% over the past month. This has lagged the Auto-Tires-Trucks sector's gain of 2.25% and the S&P 500's gain of 3.08% in that time.The upcomin ...

Electric vehicle (EV) charging infrastructure provider ChargePoint (NYSE:CHPT) slipped on Wednesday despite some much-needed good news. An analyst recently initiated coverage of CHPT stock, which sees it moving significantly higher. Nevertheless, the underlying company must fight back against a wall of skepticism.According to Investing, Benchmark launched coverage of CHPT stock with a “buy” rating. In addition, the analysts — led by Mike Hickey — set a price target of $4.25. If shares reach that lofty point ...

ChargePoint Holdings, Inc. (CHPT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned -4.6% over the past month versus the Zacks S&P 500 composite's +3% change. The Zacks Automotive - Original Equipment industry, to which ChargePoint Holdings, Inc. belongs, has gained 4.4% over this period. Now the key question is: Where could the stock be headed ...