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 ...

Electric vehicle stocks haven’t faired as well to the start of 2024 leading to EV stocks to sell. Slowing sales, high valuations and rising net losses have made some EV stocks vulnerable to crashes. Some investors may interpret a 70% decline as a good buying opportunity. However, not every stock is a buy-the-dip opportunity just because it has experienced a sharp correction or crash. Holding onto these EV stocks can negatively affect your portfolio in the long run.Plug Power (PLUG)Source: T. Schneider / Shu ...

TAIPEI, Feb. 20, 2024 /PRNewswire/ -- AcBel Polytech Inc. ("AcBel") (TWSE: 6282), a leading power supply manufacturer under Kinpo Group, announced today (20) a significant collaboration with ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), to develop EV charging solutions. This collaboration will leverage the resources of Kinpo Group and ChargePoint's portfolio of EV charging solutions to expand AcBel's presence in the electric mobility market. It mar ...

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), and AcBel Polytech Inc. (“AcBel”) (TWSE:6282), a leading power supply manufacturer under Kinpo Group, today announced an agreement to jointly develop EV charging solutions. AcBel will begin to co-design hardware for ChargePoint’s portfolio of EV charging solutions - bringing products to market faster and at a lower cost, while maintaining ChargePoint’s high quality and ...

We’ve entered another election year, with President Biden likely to face off once more against former President Trump. The polls currently show a tight race, though Biden’s approval ratings have slipped since his victory in 2020. There’s ample time for that to change before November 2024 – if the economy stays strong under Democratic policies, Biden could regain his edge.I’m not here to make election predictions. But it’s wise for investors looking to make strategic investments to game out various scenarios ...

In the ever-evolving world of electric vehicles (EVs), it’s crucial to identify which EV stocks to sell as investor enthusiasm wanes. The industry, expected to bounce back with falling interest rates, presents a scenario where not all players are likely to recover. Tesla’s (NASDAQ:TSLA) challenging year is a prime example of the broader trend of declining stock values, prompting investors to reassess their holdings.Despite the downturn, some companies continue to report stellar delivery numbers, indicating ...

ChargePoint (CHPT 12.14%) stock is jumping Wednesday. The electric vehicle (EV) charging specialist's share price was up 11.7% as of 3 p.m. ET, according to data from S&P Global Market Intelligence.ChargePoint stock is gaining ground in conjunction with better-than-expected preliminary fourth-quarter results from Blink Charging. While Blink is a rival, the company's preliminary Q4 results are actually signaling that the industry backdrop for ChargePoint may be more favorable than many investors had previous ...

Shares of ChargePoint Holdings (CHPT 10.75%) opened Wednesday on a strong note, trading 8% higher as of 10:30 a.m. ET after surging 12.6% higher earlier in the morning. The electric vehicle charging infrastructure company's earnings release is still some weeks away, but a rival is helping lift investors' hopes in the languishing stock ahead of earnings.ChargePoint is struggling to grow revenue, but a rival isn'tChargePoint stock plunged to a 52-week low last month as investors became increasingly wary of th ...

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE:CHPT), a leading provider of networked solutions for charging electric vehicles (EVs), today announced it will release financial results for the fourth quarter and full fiscal year 2024, which ended January 31, 2024, on March 5, 2024. ChargePoint will host a conference call to review the company’s financial results at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) on the same day. A live webcast of the conference call will be accessible from the “Events ...