ChargePoint (NYSE:CHPT) Releases Earnings Results, Misses Expectations By $0.01 EPS

ChargePoint (NYSE:CHPT - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.01), Zacks reports. The business had revenue of $101.89 million during the quarter, compared to the consensus estimate 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 Price Performance

NYSE CHPT traded up $0.04 on Friday, hitting $0.74. 22,701,144 shares of the company were exchanged, compared to its average volume of 29,111,520. The firm has a 50 day moving average of $0.92 and a two-hundred day moving average of $1.20. The company has a market cap of $325.12 million, a P/E ratio of -0.99 and a beta of 1.85. The company has a current ratio of 1.94, a quick ratio of 1.24 and a debt-to-equity ratio of 1.65. ChargePoint has a 1-year low of $0.56 and a 1-year high of $2.44.

Insider Buying and Selling

In other ChargePoint news, CAO Henrik Gerdes sold 28,536 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 transaction of $32,531.04. Following the completion of the sale, the chief accounting officer now directly owns 362,060 shares of the company's stock, valued at approximately $412,748.40. The trade was a 7.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Mansi Khetani sold 22,038 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 $25,123.32. Following the sale, the chief financial officer now directly owns 1,230,305 shares of the company's stock, valued at $1,402,547.70. This represents a 1.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 87,148 shares of company stock worth $99,349 in the last 90 days. Corporate insiders own 3.50% of the company's stock.

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Analyst Upgrades and Downgrades

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

About ChargePoint

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.