B. Riley Has Negative Forecast for ChargePoint Q3 Earnings

ChargePoint Holdings, Inc. (NYSE:CHPT - Free Report) - B. Riley reduced their Q3 2025 earnings per share (EPS) estimates for ChargePoint in a research note issued on Tuesday, November 5th. B. Riley analyst R. Pfingst now expects that the company will earn ($0.14) per share for the quarter, down from their previous estimate of ($0.13). The consensus estimate for ChargePoint's current full-year earnings is ($0.56) per share. B. Riley also issued estimates for ChargePoint's Q4 2025 earnings at ($0.12) EPS, FY2025 earnings at ($0.58) EPS and FY2026 earnings at ($0.40) EPS.

ChargePoint (NYSE:CHPT - Get Free Report) last issued its quarterly earnings results on Wednesday, September 4th. The company reported ($0.15) earnings per share for the quarter, hitting analysts' consensus estimates 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 return on equity of 112.67% and a negative net margin of 89.12%.

Several other brokerages have also recently commented on CHPT. Benchmark reaffirmed a "buy" rating and issued a $3.00 target price on shares of ChargePoint in a research report on Thursday, September 5th. JPMorgan Chase & Co. downgraded ChargePoint from an "overweight" rating to an "underweight" rating in a report on Thursday, October 3rd. Evercore ISI decreased their price target on shares of ChargePoint from $6.00 to $4.00 and set an "outperform" rating for the company in a report on Thursday, September 5th. Wolfe Research started coverage on shares of ChargePoint in a research report on Thursday, September 5th. They set a "peer perform" rating on the stock. Finally, TD Cowen downgraded shares of ChargePoint from a "buy" rating to a "hold" rating and cut their target price for the stock from $3.00 to $2.00 in a research report on Thursday, September 5th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, ChargePoint currently has a consensus rating of "Hold" and an average target price of $2.61.

ChargePoint Trading Down 8.5 %

ChargePoint stock traded down $0.11 during midday trading on Friday, reaching $1.13. The stock had a trading volume of 16,282,592 shares, compared to its average volume of 13,453,013. ChargePoint has a twelve month low of $1.12 and a twelve month high of $3.54. The company has a current ratio of 2.03, a quick ratio of 1.32 and a debt-to-equity ratio of 1.24. The firm's fifty day simple moving average is $1.37 and its two-hundred day simple moving average is $1.62.

Insider Buying and Selling

In related news, CAO Henrik Gerdes sold 26,288 shares of the firm's stock in a transaction on Friday, October 11th. The stock was sold at an average price of $1.32, for a total value of $34,700.16. Following the completion of the transaction, the chief accounting officer now directly owns 390,596 shares of the company's stock, valued at $515,586.72. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Mansi Khetani sold 23,409 shares of the stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $1.35, for a total value of $31,602.15. Following the completion of the transaction, the chief financial officer now directly owns 849,084 shares of the company's stock, valued at approximately $1,146,263.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Henrik Gerdes sold 26,288 shares of the business's stock in a transaction on Friday, October 11th. The shares were sold at an average price of $1.32, for a total value of $34,700.16. Following the completion of the sale, the chief accounting officer now directly owns 390,596 shares in the company, valued at approximately $515,586.72. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 100,803 shares of company stock valued at $135,295 over the last three months. 3.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On ChargePoint

Institutional investors and hedge funds have recently made changes to their positions in the company. First Trust Direct Indexing L.P. acquired a new position in ChargePoint in the first quarter valued at about $92,000. Capstone Investment Advisors LLC acquired a new position in ChargePoint in the first quarter worth $238,000. SG Americas Securities LLC grew its holdings in shares of ChargePoint by 51.6% during the first quarter. SG Americas Securities LLC now owns 109,240 shares of the company's stock worth $208,000 after purchasing an additional 37,180 shares during the last quarter. Swiss National Bank lifted its position in ChargePoint by 23.2% during the 1st quarter. Swiss National Bank now owns 742,900 shares of the company's stock worth $1,412,000 after buying an additional 139,700 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new stake in ChargePoint during the 1st quarter worth about $258,000. Institutional investors and hedge funds own 37.77% 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.