ChargePoint Holdings, Inc. (CHPT) Suffers a Larger Drop Than the General Market: Key Insights

Company Performance - ChargePoint Holdings, Inc. (CHPT) experienced a decline of 5.24% in its stock price, closing at $11.39, which underperformed the S&P 500's daily loss of 0.24% [1] - Over the past month, the company's stock has decreased by 5.98%, contrasting with the Auto-Tires-Trucks sector's gain of 2.64% and the S&P 500's gain of 1.95% [1] Earnings Forecast - The upcoming earnings report for ChargePoint is scheduled for September 3, 2025, with an expected EPS of -$1.2, reflecting a 40% growth compared to the same quarter last year [2] - Revenue is anticipated to be $94.8 million, indicating a 12.66% decline from the year-ago quarter [2] - For the annual period, the Zacks Consensus Estimates project an EPS of -$4.41 and revenue of $418.24 million, representing increases of 41.97% and 0.28% respectively from the previous year [3] Analyst Revisions - Recent revisions to analyst forecasts for ChargePoint are crucial as they reflect changing short-term business trends, with upward revisions indicating analysts' optimism about the company's operations and profit generation [4] - The Zacks Rank system, which incorporates these estimate changes, currently rates ChargePoint Holdings, Inc. at 4 (Sell), with the Zacks Consensus EPS estimate having decreased by 1.51% in the past month [6] Industry Context - ChargePoint operates within the Automotive - Original Equipment industry, which is part of the Auto-Tires-Trucks sector, currently holding a Zacks Industry Rank of 151, placing it in the bottom 39% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]