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Where Will ChargePoint Stock Be in 3 Years?
CHPTChargePoint(CHPT) fool.com·2024-05-22 09:45

The EV charging network builder has a lot to prove this year. ChargePoint (CHPT -1.70%) went public by merging with a special purpose acquisition company (SPAC) three years ago. At the time, the leading builder of electric vehicle (EV) charging stations impressed investors with its explosive growth rates. It's easy to see why the bulls abandoned ChargePoint: Its business won't recover anytime soon, and it expects its revenue to decline 19% year over year in the first quarter of fiscal 2025 as the EV market' ...