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NYSE:CHPT

ChargePoint (CHPT) Stock Price, News & Analysis

ChargePoint logo
$1.12 0.00 (0.00%)
(As of 11/18/2024 ET)

About ChargePoint Stock (NYSE:CHPT)

Key Stats

Today's Range
$1.09
$1.15
50-Day Range
$1.10
$1.52
52-Week Range
$1.08
$3.13
Volume
10.99 million shs
Average Volume
12.85 million shs
Market Capitalization
$485.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.47
Consensus Rating
Hold

Company Overview

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.

ChargePoint Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
40th Percentile Overall Score

CHPT MarketRank™: 

ChargePoint scored higher than 40% of companies evaluated by MarketBeat, and ranked 63rd out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    ChargePoint has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 4 buy ratings, 11 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    ChargePoint has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about ChargePoint's stock forecast and price target.
  • Earnings Growth

    Earnings for ChargePoint are expected to grow in the coming year, from ($0.56) to ($0.34) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of ChargePoint is -1.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of ChargePoint is -1.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    ChargePoint has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about ChargePoint's valuation and earnings.
  • Percentage of Shares Shorted

    29.99% of the float of ChargePoint has been sold short.
  • Short Interest Ratio / Days to Cover

    ChargePoint has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in ChargePoint has recently increased by 3.86%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    ChargePoint does not currently pay a dividend.

  • Dividend Growth

    ChargePoint does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    29.99% of the float of ChargePoint has been sold short.
  • Short Interest Ratio / Days to Cover

    ChargePoint has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in ChargePoint has recently increased by 3.86%, indicating that investor sentiment is decreasing.
  • News Sentiment

    ChargePoint has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for ChargePoint this week, compared to 9 articles on an average week.
  • Search Interest

    30 people have searched for CHPT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 14 people have added ChargePoint to their MarketBeat watchlist in the last 30 days. This is a decrease of -26% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, ChargePoint insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $135,295.00 in company stock.

  • Percentage Held by Insiders

    Only 3.50% of the stock of ChargePoint is held by insiders.

  • Percentage Held by Institutions

    Only 37.77% of the stock of ChargePoint is held by institutions.

  • Read more about ChargePoint's insider trading history.
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CHPT Stock News Headlines

Electric car plugged in with charging station to recharge battery with electricity by EV charger cable in eco green park and greenery foliage. Future innovative ev car and energy sustainability.Peruse
Charging Ahead: Investing in the EV Charging Infrastructure (CHPT)
The EV charging market offers investment opportunities, but investors must evaluate company performance and growth prospects before making a decision.
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Here's Why ChargePoint Stock Is Under Pressure
See More Headlines

CHPT Stock Analysis - Frequently Asked Questions

ChargePoint's stock was trading at $2.34 at the beginning of the year. Since then, CHPT shares have decreased by 51.9% and is now trading at $1.1250.
View the best growth stocks for 2024 here
.

ChargePoint Holdings, Inc. (NYSE:CHPT) released its earnings results on Wednesday, September, 4th. The company reported ($0.15) earnings per share for the quarter, meeting the consensus estimate of ($0.15). The firm had revenue of $108.54 million for the quarter, compared to analysts' expectations of $114.15 million. ChargePoint had a negative trailing twelve-month return on equity of 112.67% and a negative net margin of 89.12%.

Top institutional investors of ChargePoint include State Street Corp (2.39%), Geode Capital Management LLC (2.10%), Charles Schwab Investment Management Inc. (0.75%) and Point72 Asset Management L.P. (0.51%). Insiders that own company stock include Q-Grg Vii (Cp) Investment Part, Pasquale Romano, Richard Wilmer, Rex S Jackson, Michael Linse, Rebecca Chavez, Jagdeep Ca Singh, Michael D Hughes, Mansi Khetani, Eric Sidle, Colleen Jansen, William J Loewenthal, Henrik Gerdes, Ekta Singh-Bushell, Bruce R Chizen and Lawrence Lee.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that ChargePoint investors own include Block (SQ), Digital Turbine (APPS), SoFi Technologies (SOFI), Palantir Technologies (PLTR), CrowdStrike (CRWD), Canoo (GOEV) and Okta (OKTA).

Company Calendar

Last Earnings
9/04/2024
Today
11/19/2024
Next Earnings (Confirmed)
12/31/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$2.47
High Stock Price Target
$4.00
Low Stock Price Target
$1.25
Potential Upside/Downside
+119.8%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
18 Analysts

Profitability

Net Income
$-457,610,000.00
Pretax Margin
-88.77%

Debt

Sales & Book Value

Annual Sales
$506.64 million
Book Value
$0.78 per share

Miscellaneous

Free Float
416,476,000
Market Cap
$485.53 million
Optionable
Optionable
Beta
1.70
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This page (NYSE:CHPT) was last updated on 11/19/2024 by MarketBeat.com Staff
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