Q1 Earnings Estimate for ChargePoint Issued By B. Riley

ChargePoint Holdings, Inc. (NYSE:CHPT - Free Report) - Equities researchers at B. Riley issued their Q1 2026 earnings estimates for ChargePoint in a research report issued to clients and investors on Wednesday, March 5th. B. Riley analyst R. Pfingst expects that the company will post earnings per share of ($0.11) 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.

A number of other equities research analysts have also recently issued reports on the company. Needham & Company LLC reiterated a "hold" rating on shares of ChargePoint in a research note on Wednesday, March 5th. Benchmark reiterated a "buy" rating and set a $3.00 price objective on shares of ChargePoint in a research report on Wednesday, November 20th. Stifel Nicolaus decreased their target price on shares of ChargePoint from $2.00 to $1.00 and set a "hold" rating for the company in a research report on Monday. The Goldman Sachs Group reduced their price target on shares of ChargePoint from $1.00 to $0.75 and set a "sell" rating for the company in a research note 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 research analysts have rated the stock with a sell rating, seven have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, ChargePoint presently has an average rating of "Hold" and an average target price of $2.03.

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ChargePoint Stock Performance

Shares of ChargePoint stock traded down $0.04 on Monday, reaching $0.65. 8,379,166 shares of the company were exchanged, compared to its average volume of 16,482,705. ChargePoint has a 1-year low of $0.56 and a 1-year high of $2.44. The firm has a market cap of $288.41 million, a price-to-earnings ratio of -0.87 and a beta of 1.85. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.24 and a current ratio of 1.94. The company's 50-day moving average is $0.90 and its two-hundred day moving average is $1.17.

ChargePoint (NYSE:CHPT - Get Free Report) last released its earnings results on Tuesday, March 4th. The company reported ($0.09) earnings per share 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 business had revenue of $101.89 million for the quarter, compared to the consensus estimate of $100.99 million.

Institutional Investors Weigh In On ChargePoint

Hedge funds and other institutional investors have recently made changes to their positions in the company. Perennial Advisors LLC acquired a new stake in ChargePoint in the fourth quarter valued at approximately $26,000. Brevan Howard Capital Management LP bought a new position in shares of ChargePoint during the 4th quarter valued at $27,000. Cibc World Markets Corp acquired a new stake in shares of ChargePoint in the 4th quarter valued at $40,000. Callan Family Office LLC bought a new stake in ChargePoint in the fourth quarter worth $45,000. Finally, Strategic Investment Advisors MI acquired a new position in ChargePoint during the fourth quarter worth $46,000. 37.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Jagdeep Ca Singh sold 36,574 shares of the firm's stock in a transaction on 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. This trade represents a 3.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Henrik Gerdes sold 28,536 shares of ChargePoint stock in a transaction dated 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 directly 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. Insiders sold a total of 87,148 shares of company stock valued at $99,349 over the last three months. Insiders own 3.50% 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.