ChargePoint (CHPT) Expected to Release Earnings on Wednesday

Key Points

• ChargePoint is expected to report fiscal Q2 2027 results after Wednesday’s market close. Analysts forecast a loss of $0.80 per share and revenue of approximately $105.2 million.
• The company’s previous quarter missed earnings expectations, posting a $1.75-per-share loss despite revenue of $101.82 million. Analysts project continued losses of roughly $5 per share for the current fiscal year and $4 per share next year.
• Wall Street remains cautious: ChargePoint has a consensus “Reduce” rating and an $8.31 price target, while the stock recently traded at $5.86 and remains near its 52-week low range.

ChargePoint (NYSE:CHPT - Get Free Report) is expected to be issuing its Q2 2027 results after the market closes on Wednesday, September 2nd. Analysts expect the company to post earnings of ($0.80) per share and revenue of $105.2060 million for the quarter. Individuals can find conference call details on the company's upcoming Q2 2027 earning report page for the latest details on the call scheduled for Wednesday, September 2, 2026 at 4:30 PM ET.

ChargePoint (NYSE:CHPT - Get Free Report) last announced its earnings results on Wednesday, June 3rd. The company reported ($1.75) earnings per share for the quarter, missing analysts' consensus estimates of ($1.11) by ($0.64). ChargePoint had a negative return on equity of 504.42% and a negative net margin of 49.66%.The company had revenue of $101.82 million during the quarter, compared to analyst estimates of $95.64 million. On average, analysts expect ChargePoint to post $-5 EPS for the current fiscal year and $-4 EPS for the next fiscal year.

ChargePoint Stock Performance

CHPT opened at $5.86 on Wednesday. The business's 50-day moving average price is $6.02 and its two-hundred day moving average price is $6.14. ChargePoint has a 1 year low of $4.44 and a 1 year high of $12.61. The company has a market capitalization of $142.98 million, a price-to-earnings ratio of -0.67 and a beta of 1.75. The company has a debt-to-equity ratio of 10.73, a current ratio of 1.15 and a quick ratio of 0.56.

Insider Activity

In related news, insider Jagdeep Ca Singh sold 9,719 shares of the business's stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $7.14, for a total transaction of $69,393.66. Following the transaction, the insider directly owned 187,846 shares in the company, valued at approximately $1,341,220.44. The trade was a 4.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mansi Khetani sold 8,152 shares of the company's stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $7.13, for a total transaction of $58,123.76. Following the sale, the chief financial officer directly owned 179,348 shares in the company, valued at $1,278,751.24. This trade represents a 4.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 29,164 shares of company stock valued at $208,037 over the last three months. Corporate insiders own 4.20% of the company's stock.

Institutional Investors Weigh In On ChargePoint

Hedge funds have recently bought and sold shares of the company. Hsbc Holdings PLC bought a new position in ChargePoint during the fourth quarter worth about $73,000. Invesco Ltd. increased its position in ChargePoint by 94.2% during the fourth quarter. Invesco Ltd. now owns 340,479 shares of the company's stock worth $2,261,000 after buying an additional 165,152 shares during the last quarter. XTX Topco Ltd bought a new stake in ChargePoint in the fourth quarter valued at approximately $365,000. Millennium Management LLC raised its stake in ChargePoint by 25.1% in the fourth quarter. Millennium Management LLC now owns 362,839 shares of the company's stock valued at $2,409,000 after buying an additional 72,826 shares during the period. Finally, Engineers Gate Manager LP lifted its position in shares of ChargePoint by 303.5% in the fourth quarter. Engineers Gate Manager LP now owns 63,015 shares of the company's stock valued at $418,000 after buying an additional 47,396 shares during the last quarter. 37.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CHPT has been the topic of a number of recent research reports. Weiss Ratings reiterated a "sell (e+)" rating on shares of ChargePoint in a report on Friday, July 17th. TD Cowen reaffirmed a "hold" rating and issued a $7.50 target price (up from $7.00) on shares of ChargePoint in a research report on Wednesday, June 17th. UBS Group reiterated a "neutral" rating and issued a $8.00 price target (up from $7.00) on shares of ChargePoint in a research note on Tuesday, June 23rd. Royal Bank Of Canada reissued a "sector perform" rating and set a $6.50 price target on shares of ChargePoint in a research report on Thursday, June 4th. Finally, Needham & Company LLC restated a "hold" rating on shares of ChargePoint in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, ChargePoint presently has a consensus rating of "Reduce" and a consensus target price of $8.31.

About ChargePoint

ChargePoint NYSE: CHPT is a leading provider of electric vehicle (EV) charging solutions that designs, develops and markets charging hardware, software and services. The company's portfolio includes Level 2 AC charging stations for residential, commercial and fleet applications, as well as DC fast charging systems suited for retail, hospitality and public use. ChargePoint's integrated platform enables site hosts to manage charging infrastructure through cloud-based monitoring, analytics and billing tools, while EV drivers access and control charging sessions via a mobile app or RFID card.

Since its founding in 2007 and headquarters in Campbell, California, ChargePoint has built one of the largest open EV charging networks in the world.

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