B. Riley Maintains A Neutral Rating On ChargePoint Holdings, Inc. (CHPT)

Core Viewpoint - ChargePoint Holdings, Inc. (NYSE:CHPT) is recognized as a high-growth electric vehicle (EV) stock, with recent financial results indicating improved performance and growth potential [1]. Financial Performance - ChargePoint reported a strong third quarter on December 4, 2025, achieving a 6% sales growth to $106.7 million, which exceeded expectations [4]. - The company reduced its losses and saw subscription revenue increase by 15%, while sales from networked charging systems rose by 7% during the quarter [4]. - B. Riley noted that higher residential billings were the primary driver of the earnings beat, leading to an update in their model [2]. Analyst Ratings and Price Targets - B. Riley maintained a Neutral rating on ChargePoint and reduced its price target from $12.50 to $11 following the results announcement [2]. - Goldman Sachs raised its price target for ChargePoint from $9 to $10 while maintaining a Sell rating, indicating an incremental improvement in the company's Q3 report [3]. Balance Sheet Improvement - ChargePoint improved its balance sheet through a debt exchange, which was highlighted by both B. Riley and Goldman Sachs [2][3].