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NYSE:CHPT

ChargePoint (CHPT) Stock Price, News & Analysis

$2.19
+0.16 (+7.88%)
(As of 07/26/2024 ET)
Today's Range
$2.05
$2.24
50-Day Range
$1.29
$2.38
52-Week Range
$1.21
$8.68
Volume
16.81 million shs
Average Volume
14.55 million shs
Market Capitalization
$927.16 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.88

ChargePoint MarketRank™ Stock Analysis

Analyst Rating
Hold
2.26 Rating Score
Upside/​Downside
123.0% Upside
$4.88 Price Target
Short Interest
Bearish
28.79% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.57mentions of ChargePoint in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$137,498 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.54) to ($0.32) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.44 out of 5 stars

Auto/Tires/Trucks Sector

67th out of 82 stocks

Miscellaneous Transportation Equipment Industry

3rd out of 6 stocks

CHPT stock logo

About ChargePoint Stock (NYSE:CHPT)

ChargePoint Holdings, Inc. provides electric vehicle (EV) charging networks and charging solutions in the United States and internationally. The company provides comprehensive solutions for any size fleet and is fundamental to the build-out of global EV charging infrastructure. The company was founded in 2007 as a pure-play focused on EV infrastructure with the intention of serving the needs of EV drivers and the EV industry at large. The company is headquartered in Campbell, California, and has offices across the US and Europe.

ChargePoint Holdings offers a portfolio of hardware, software, and services that provide an end-to-end solution for EV charging needs of all varieties. The company serves the commercial, fleet, and residential markets and lays claim to a network of more than 18,000 EV charging stations and growing. Among the many attractive features of ChargePoint’s stations is the open nature of the network. Individuals, businesses, and OEM manufacturers can easily join and use the stations at any public location, worldwide while tracking their activity with cloud-based software.

Solutions for fleet management include charging stations, fleet management software, and cloud-supported hardware. Solutions for businesses include in-house charging points that can be used internally, provided to clients and customers as an amenity, or used as a source of income. Solutions for individuals include propriety, award-winning hardware installed in-home, and access to the worldwide network of charging stations.

The network of charging stations can be located and accessed via a mobile app. The app shows all charge points within a set distance and indicates which ones are free or in use. The app can also control the charging session and other account features including payments.

As of 2022, company stats indicated a charge was completed every second of the day and the pace was accelerating. In regard to the company’s scope and reach, more than 75% of Fortune 500 companies are customers and that figure is only limited because there is so much competition in the market.

The four key differences that set ChargePoint apart from its competition are its networked charging stations, complete cloud-based software solutions for all verticals, the mobile app, and 24/7 service for clients. The networked charging system alone allows for easy access to stations as well as improving uptime, efficiency, and customer satisfaction.

CHPT Stock Price History

CHPT Stock News Headlines

Why Is ChargePoint Stock Gaining Today?
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Brokerages Set ChargePoint Holdings, Inc. (NYSE:CHPT) PT at $4.88
ChargePoint Sees Unusually Large Options Volume (NYSE:CHPT)
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
ChargePoint (NYSE:CHPT) Shares Down 6.1%
3 EV Charging Stocks That Could Grow Your Wealth
See More Headlines
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Company Calendar

Last Earnings
6/05/2024
Today
7/26/2024
Next Earnings (Estimated)
9/04/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Miscellaneous transportation equipment
Sub-Industry
N/A
Fax
N/A
Employees
1,650
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.88
High Stock Price Target
$17.00
Low Stock Price Target
$1.50
Potential Upside/Downside
+123.0%
Consensus Rating
Hold
Rating Score (0-4)
2.26
Research Coverage
19 Analysts

Profitability

Net Income
$-457,610,000.00
Pretax Margin
-92.88%

Debt

Sales & Book Value

Annual Sales
$483.65 million
Book Value
$0.78 per share

Miscellaneous

Free Float
408,542,000
Market Cap
$927.16 million
Optionable
Optionable
Beta
1.72
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Key Executives


CHPT Stock Analysis - Frequently Asked Questions

How have CHPT shares performed this year?

ChargePoint's stock was trading at $2.34 on January 1st, 2024. Since then, CHPT shares have decreased by 6.4% and is now trading at $2.19.
View the best growth stocks for 2024 here
.

How were ChargePoint's earnings last quarter?

ChargePoint Holdings, Inc. (NYSE:CHPT) issued its quarterly earnings results on Wednesday, June, 5th. The company reported ($0.16) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.19) by $0.03. The company had revenue of $107.04 million for the quarter, compared to analysts' expectations of $106.09 million. ChargePoint had a negative trailing twelve-month return on equity of 127.18% and a negative net margin of 93.05%.

Who are ChargePoint's major shareholders?

Top institutional investors of ChargePoint include Bank of New York Mellon Corp (0.31%), SG Americas Securities LLC (0.03%), Wedmont Private Capital (0.01%) and apricus wealth LLC (0.01%). Insiders that own company stock include Q-Grg Vii (Cp) Investment Part, Pasquale Romano, Richard Wilmer, Rex S Jackson, Michael Linse, Rebecca Chavez, Michael D Hughes, Eric Sidle, Colleen Jansen, Henrik Gerdes, William J Loewenthal, Mansi Khetani, Ekta Singh-Bushell, Bruce R Chizen, Christopher Burghardt and Lawrence Lee.
View institutional ownership trends
.

How do I buy shares of ChargePoint?

Shares of CHPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CHPT) was last updated on 7/26/2024 by MarketBeat.com Staff

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