ChargePoint (CHPT) Surges 15% on Beat-and-raise, Analysts Upbeat but Lower PTs

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ChargePoint Holdings Inc. (CHPT) PT Lowered to $36 at Jefferies Despite Reporting a Beat/Raise

September 2, 2021 7:57 AM EDT

Jefferies analyst David Kelley lowered the price target on ChargePoint Holdings Inc. (NYSE: CHPT) to $36.00 (from $40.00) after 2Q sales of $56m beat consensus of $49m, while management raised FY'22 sales guidance +15% at the midpoint, implying +57% yr/yr sales growth.

The analyst... More

ChargePoint Holdings Inc. (CHPT) PT Lowered to $35 at Needham & Company

September 2, 2021 7:00 AM EDT

Needham & Company analyst Vikram Bagri lowered the price target on ChargePoint Holdings Inc. (NYSE: CHPT) to $35.00 (from $39.00) while maintaining a Buy rating.

The analyst commented, "CHPT's 2QF22 revenue beat company guidance and street consensus by 16% and 14%, respectively. Gross margin in 2QF22 was... More

Chargepoint Holdings Inc. (CHPT) Reports Q2 Non-GAAP Net Loss of $40.4M

September 1, 2021 4:10 PM EDT

Chargepoint Holdings Inc. (NYSE: CHPT) reported Q2 EPS Non-GAAP net loss of $40.4M. Revenue for the quarter came in at $56.1 million versus the consensus estimate of $48.9 million.

GUIDANCE:

Chargepoint Holdings Inc. sees FY2022 revenue of $225-235 million, versus the consensus of... More