DA Davidson cuts estimates on Chargepoint (CHPT), maintains Buy

EPA to scrap proposed EV volumes from biofuel blending rule

Reuters reports today, citing three unnamed sources familiar with the matter that the Biden administration is planning to discard a proposal to include the electric vehicle industry into the U.S. biofuel blending program. Additionally, the administration intends to retract tradable credits worth potentially billions of dollars that were associated with this initiative.

It was first reported in early May that the Environmental Protection Agency (EPA) was considering delaying the EV program over concerns the plan could trigger lawsuits. The... More

Ford's (F) deal with Tesla (TSLA) charges up industry and sparks standardization talks

The recent move by Ford Motor Co (NYSE: F) to grant its customers access to Tesla's (NASDAQ: TSLA) electric-vehicle charging network has caused significant waves in the industry. This decision has sparked discussions about the need for a standardized charging infrastructure across the United States and has also cast uncertainty on the future of struggling charging startups.

The deal, announced last month, outlined plans to provide drivers of Ford vehicles in North America with access to over 12,000 Tesla Superchargers, starting in 2024. Under the deal, Ford will... More

ChargePoint Holdings Inc. (CHPT) PT Lowered to $15 at DA Davidson

DA Davidson analyst Matt Summerville lowered the price target on ChargePoint Holdings Inc. (NYSE: CHPT) to $15.00 (from $18.00) while maintaining a Buy rating.... More

ChargePoint Holdings Inc. (CHPT) PT Lowered to $14 at Roth/MKM

Roth/MKM analyst Craig Irwin lowered the price target on ChargePoint Holdings Inc. (NYSE: CHPT) to $14.00 (from $25.00) while maintaining a Buy rating.... More

Lululemon, MongoDB and Five Below rise premarket; PagerDuty falls

Investing.com -- Stocks in focus in premarket trade on Friday, June 2nd. Please refresh for updates.

Lululemon Athletica (NASDAQ: LULU) stock rose 14% after the athletic... More

ChargePoint Holdings Inc. (CHPT) PT Raised to $27 at Oppenheimer

Oppenheimer analyst Colin Rusch raised the price target on ChargePoint Holdings Inc. (NYSE: CHPT) to $27.00 (from $26.00) while maintaining a Outperform rating.... More

ChargePoint Holdings Inc. (CHPT) PT Lowered to $13 at Needham & Company

Needham & Company analyst Chris Pierce lowered the price target on ChargePoint Holdings Inc. (NYSE: CHPT) to $13.00 (from $14.00) while maintaining a Buy rating.... More

ChargePoint Holdings Inc. (CHPT) PT Lowered to $20 at Evercore ISI

Evercore ISI analyst James West lowered the price target on ChargePoint Holdings Inc. (NYSE: CHPT) to $20.00 (from $24.00) while maintaining a Outperform rating.... More

Chargepoint Holdings Inc. (CHPT) Misses Q1 EPS by 4c, Offers Guidance

Chargepoint Holdings Inc. (NYSE: CHPT) reported Q1 EPS of ($0.23), $0.04 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $130 million versus the consensus estimate of $128.37 million.

GUIDANCE:

Chargepoint Holdings Inc. sees Q2 2024 revenue of $148-158 million, versus the... More

Chargepoint Holdings Inc. (CHPT) option IV elevated into quarter results and outlook

Chargepoint Holdings Inc. (NYSE: CHPT) June weekly call option implied volatility is at 260, June is at 130; compared to its 52-week range of 62 to 100 into the expected release of quarter results today after the bell.

Chargepoint Holdings Inc. (CHPT) June weekly straddle into quarter results

Chargepoint Holdings Inc. (NYSE: CHPT) June weekly 9.5% straddle is priced for a move of 12% into the expected release of quarter results today after the bell.