ChargePoint's (CHPT -1.11%) stock hit a record high of $46.10 on Dec. 24, 2020. At the time, investors were dazzled by the electric vehicle (EV) charging network builder's explosive growth rates. But today, its shares trade at less than $2. ChargePoint's stock plummeted as the EV market cooled off, it faced more challengers, it racked up more losses, and rising interest rates compressed its valuation. ChargePoint is the top builder of EV charging stations in North America and Europe, with over a million cha ...

ChargePoint Holdings, Inc. (NYSE:CHPT) reported a relatively lackluster Q1 '25 earnings release, with 3 sequential quarters of revenue decline in total sales deriving from headwinds in their networked charging systems. On the back of waning consumer interest in electric vehicles, commercial sales appear to be falling off as customers defer purchases to later time periods, with verbiage targeted at infrastructure and construction headwinds. Though management remains optimistic about turning around the compan ...

N/A Common Stock, par value $0.0001 CHPT New York Stock Exchange Large accelerated filer x Accelerated filer o Non-accelerated filer o Smaller reporting company o Emerging growth company o Table of Contents Signatures 82 | --- | --- | |-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Core Viewpoint - ChargePoint Holdings, Inc. (CHPT) has received an upgrade to Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates and potential stock price movement [1][2]. Earnings Estimates and Stock Performance - The upgrade reflects an upward trend in earnings estimates, which is a significant factor influencing stock prices [3][11]. - Analysts have raised their earnings estimates for ChargePoint, with the Zacks Consensus Estimate increasing by 2.8% over the past three months [13]. Zacks Rating System - The Zacks Rank system categorizes stocks based on earnings estimate revisions, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [4]. - ChargePoint's upgrade places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for near-term price increases [7][14]. Earnings Outlook - ChargePoint is expected to earn -$0.34 per share for the fiscal year ending January 2025, reflecting a year-over-year change of 57% [5]. - The rising earnings estimates indicate an improvement in ChargePoint's underlying business, which could lead to higher stock prices as investors respond positively [11].

ChargePoint Holdings, Inc. (NYSE:CHPT) Q1 2025 Earnings Call Transcript June 5, 2024 4:30 PM ET Company Participants Patrick Hamer - VP of Capital Markets and IR Rick Wilmer - CEO Mansi Khetani - Interim CFO Conference Call Participants James West - Evercore ISI Colin Rusch - Oppenheimer Bill Peterson - JPMorgan Matt Summerville - D.A. Davidson Chris Pierce - Needham & Company Mark Delaney - Goldman Sachs Steven Fox - Fox Advisors LLC Chris Dendrinos - RBC Capital Markets Craig Irwin - Roth MKM Operator Lad ...

This quarterly report represents an earnings surprise of 15.38%. A quarter ago, it was expected that this company would post a loss of $0.12 per share when it actually produced a loss of $0.13, delivering a surprise of -8.33%. ChargePoint Holdings, Inc. (CHPT) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immedi ...

Revenue Diversity | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|---------|---------|---------|---------|---------|-----------|---------|---------|--------------|---------|---------| | $M | | $150 | By Type | | | $M \n$160 | | $150 | By Geography | | | | | $130 | | | | | | $130 | | | | | | | | | | $116 | | | | | | | | | | | | $110 | | $107 | $120 | | | $110 | $116 | $107 | | | | | | | | | | | | | | | $80 | | | | | | $80 | | | | | | | $40 | | | | | | $40 | | | | | | | -- | ...

Key Points ChargePoint Holdings Inc. NYSE: CHPT is a leading electric vehicle (EV) charging infrastructure company. With over 31,000 EV charging stations and 56,000 ports, ChargePoint is the country's largest EV charging network. It is a key player in enabling the widespread adoption of EVs and electrification and helping to combat range anxiety, which is the fear of running out of electricity during a trip and being stranded. ChargePoint implements artificial intelligence (AI) driven analysis to streamline ...

ChargePoint is building an asset-light EV charging business, but that doesn't mean investors shouldn't worry about the model. Where is ChargePoint's money going? For example, in fiscal 2024, ChargePoint spent roughly $221 million on research and development (R&D). Another $150 million or so went toward sales and marketing. It doesn't break out the cost of trying to influence regulatory issues, but that isn't really needed here. That's because the company's gross profit was just over $30 million. Its gross p ...

NEW YORK, May 28, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against: ChargePoint Holdings, Inc. ("ChargePoint") (NYSE: CHPT) Shareholders who acquired before December 7, 2021 should email: [email protected] ChargePoint provides networked solutions for charging electric vehicles, including the ChargePoint cloud subscription platform and charging hardware. In September and November 2023, ChargePoint announced impairmen ...