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Porsche Cars North America to integrate ChargePoint into Charging Service
GlobeNewswire News Room· 2024-06-13 13:12
"We passionately believe in choice, and as a result we are constantly looking for opportunities to enhance our customer experience and expand charging options," said Timo Resch, President and CEO of PCNA, "this is a significant step in that direction, and well-timed as we look forward to the arrival of both the new Taycan arriving at Porsche Centers this summer but also the all-new Macan Electric later this year." "ChargePoint is honored to help Porsche provide their drivers with a charging experience that ...
Porsche Cars Canada to integrate ChargePoint into Porsche Charging Service
GlobeNewswire News Room· 2024-06-13 13:01
This new partnership bolsters the existing integration with Electrify Canada, allowing both Porsche EV and PHEV customers to find, use and pay at ChargePoint and roaming partner charging stations via the My Porsche app. The additional charging stations will become available in Q4 2024. In late 2023, Porsche announced the planned implementation of the North American Charging Standard (NACS) charging port for future products in the North American region. In addition, the company is exploring adapter solutions ...
Why ChargePoint, SunPower, and Sunnova Energy Stocks All Popped Today
The Motley Fool· 2024-06-12 17:52
Lower inflation plus lower interest rates plus high short interest is making three renewable energy stocks winners ... for now. That means inflation is going down (for now), and it means momentum stocks are going up (for now). Through 1 p.m. ET today, shares of SunPower (SPWR 1.83%) are up 1.1%, ChargePoint Holdings (CHPT 2.51%) gained 2.5%, and Sunnova Energy International (NOVA 11.84%) raced ahead with a 10.8% increase. What do a residential solar-power company, an electric-car charging company, and a dis ...
3 Meme Stocks to Avoid Even During Peak Frenzy
Investor Place· 2024-06-11 18:39
However, some type of catalyst is needed from a business perspective to support a big rally. Truly, stocks will disappoint during the next meme frenzy. This column discusses three meme stocks to avoid as they represent businesses with weak fundamentals coupled with absence of any positive catalysts from a business growth perspective. Let's talk about the reasons that make these meme stocks unattractive. Source: shutterstock.com/EchoVisuals GameStop holds $1.1 billion in cash as of Q1. However, that's unlike ...
ChargePoint Stock: Buy, Sell, or Hold?
The Motley Fool· 2024-06-11 08:52
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's Management Is Too Optimistic About The Future
Seeking Alpha· 2024-06-10 13:16
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 ...
ChargePoint(CHPT) - 2025 Q1 - Quarterly Report
2024-06-06 20:10
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 | --- | --- | |-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
ChargePoint (CHPT) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-06-06 17:01
ChargePoint Holdings, Inc. (CHPT) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. As such, the Zacks rating upgrade for ChargePoint is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The change in a company's future earnings potential, as reflected in earnings e ...
ChargePoint(CHPT) - 2025 Q1 - Earnings Call Transcript
2024-06-05 22:35
Conference Call Participants Ladies and gentlemen, good afternoon. My name is Krista and I'll be your conference operator for today's call. At this time, I would like to welcome everyone to the ChargePoint First Quarter Fiscal 2025 Earnings Conference Call and Webcast. All participants' lines have been placed in a listen-only mode to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. I would now like to turn the call over to Patrick Hamer, ChargePoint's V ...
ChargePoint Holdings, Inc. (CHPT) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2024-06-05 22:21
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 ...