ChargePoint (NYSE:CHPT) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

ChargePoint (NYSE:CHPT - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.01), Zacks reports. The firm had revenue of $101.89 million for the quarter, compared to analysts' expectations of $100.99 million. ChargePoint had a negative net margin of 72.62% and a negative return on equity of 106.28%. ChargePoint updated its Q1 2026 guidance to EPS.

ChargePoint Stock Up 5.3 %

NYSE CHPT traded up $0.04 during trading on Friday, hitting $0.74. The company's stock had a trading volume of 22,701,144 shares, compared to its average volume of 29,111,520. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.94 and a quick ratio of 1.24. The company has a market cap of $325.12 million, a PE ratio of -0.99 and a beta of 1.85. The business's 50 day simple moving average is $0.92 and its 200-day simple moving average is $1.20. ChargePoint has a fifty-two week low of $0.56 and a fifty-two week high of $2.44.

Insiders Place Their Bets

In related news, CFO Mansi Khetani sold 22,038 shares of ChargePoint stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $1.14, for a total transaction of $25,123.32. Following the completion of the sale, the chief financial officer now owns 1,230,305 shares of the company's stock, valued at $1,402,547.70. The trade was a 1.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Henrik Gerdes sold 28,536 shares of ChargePoint stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $1.14, for a total value of $32,531.04. Following the sale, the chief accounting officer now directly owns 362,060 shares of the company's stock, valued at $412,748.40. This trade represents a 7.31 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 87,148 shares of company stock valued at $99,349. 3.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on CHPT shares. The Goldman Sachs Group cut their price target on ChargePoint from $1.00 to $0.75 and set a "sell" rating on the stock in a research note on Thursday, February 20th. Needham & Company LLC restated a "hold" rating on shares of ChargePoint in a research note on Wednesday. Benchmark restated a "buy" rating and set a $3.00 price target on shares of ChargePoint in a research note on Wednesday, November 20th. UBS Group dropped their price objective on ChargePoint from $1.50 to $1.30 and set a "neutral" rating on the stock in a research report on Tuesday, December 10th. Finally, Royal Bank of Canada dropped their price objective on ChargePoint from $2.50 to $2.00 and set a "sector perform" rating on the stock in a research report on Thursday, December 5th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $2.13.

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.