B. Riley Estimates ChargePoint's Q1 Earnings (NYSE:CHPT)

ChargePoint Holdings, Inc. (NYSE:CHPT - Free Report) - Equities research analysts at B. Riley issued their Q1 2026 EPS estimates for ChargePoint in a note issued to investors on Wednesday, March 5th. B. Riley analyst R. Pfingst expects that the company will post earnings of ($0.11) per share for the quarter. The consensus estimate for ChargePoint's current full-year earnings is ($0.57) per share. B. Riley also issued estimates for ChargePoint's Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.09) EPS, Q4 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.36) EPS.

ChargePoint (NYSE:CHPT - Get Free Report) last released its quarterly earnings data on Tuesday, March 4th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.01). ChargePoint had a negative net margin of 72.62% and a negative return on equity of 106.28%. The company had revenue of $101.89 million during the quarter, compared to analysts' expectations of $100.99 million.

Other research analysts also recently issued reports about the stock. Needham & Company LLC reiterated a "hold" rating on shares of ChargePoint in a research note on Wednesday, March 5th. Benchmark reissued a "buy" rating and set a $3.00 price target on shares of ChargePoint in a report on Wednesday, November 20th. Royal Bank of Canada cut their target price on ChargePoint from $2.50 to $2.00 and set a "sector perform" rating on the stock in a research note on Thursday, December 5th. The Goldman Sachs Group dropped their target price on ChargePoint from $1.00 to $0.75 and set a "sell" rating on the stock in a report on Thursday, February 20th. Finally, UBS Group set a $1.50 price objective on shares of ChargePoint in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $2.03.

ChargePoint Stock Up 6.6 %

NYSE:CHPT traded up $0.04 during trading hours on Monday, hitting $0.69. The stock had a trading volume of 22,592,851 shares, compared to its average volume of 16,542,780. The business has a 50 day simple moving average of $0.88 and a two-hundred day simple moving average of $1.16. The company has a market cap of $305.22 million, a PE ratio of -0.93 and a beta of 1.85. ChargePoint has a 1-year low of $0.56 and a 1-year high of $2.44. The company has a current ratio of 1.94, a quick ratio of 1.24 and a debt-to-equity ratio of 1.65.

Insider Buying and Selling at ChargePoint

In other ChargePoint news, insider Jagdeep Ca Singh sold 36,574 shares of the business's stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $1.14, for a total value of $41,694.36. Following the completion of the sale, the insider now owns 1,161,430 shares of the company's stock, valued at $1,324,030.20. The trade was a 3.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Henrik Gerdes sold 28,536 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $1.14, for a total value of $32,531.04. Following the transaction, the chief accounting officer now owns 362,060 shares in the company, valued at approximately $412,748.40. This trade represents a 7.31 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 87,148 shares of company stock worth $99,349. 3.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On ChargePoint

Institutional investors and hedge funds have recently bought and sold shares of the stock. Perennial Advisors LLC bought a new stake in shares of ChargePoint during the fourth quarter valued at approximately $26,000. Tidal Investments LLC grew its holdings in shares of ChargePoint by 43.6% in the 4th quarter. Tidal Investments LLC now owns 466,751 shares of the company's stock worth $499,000 after purchasing an additional 141,617 shares during the last quarter. Toronto Dominion Bank acquired a new stake in shares of ChargePoint during the 4th quarter worth about $8,746,000. ProShare Advisors LLC grew its stake in ChargePoint by 51.9% during the fourth quarter. ProShare Advisors LLC now owns 111,447 shares of the company's stock worth $119,000 after buying an additional 38,094 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in shares of ChargePoint by 13,605.0% during the fourth quarter. Millennium Management LLC now owns 2,857,349 shares of the company's stock worth $3,057,000 after buying an additional 2,836,500 shares in the last quarter. Institutional investors own 37.77% of the company's stock.

ChargePoint Company Profile

ChargePoint Holdings, Inc, together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers.