Oppenheimer on ChargePoint Holdings Inc. (CHPT): 'want to see a return to revenue growth before getting constructive on shares'

Chargepoint Holdings Inc. (CHPT) falls following revenue miss

Chargepoint Holdings Inc. (NYSE: CHPT), a leading electric vehicle (EV) charging network, reported fourth-quarter earnings that met analysts' expectations but saw its shares tumble 3.75% due to a revenue shortfall. The company recorded a non-GAAP EPS of -$0.23, aligning with the consensus estimate. However, revenue for the quarter was $115.8 million, falling short of the anticipated $118.55 million.

In comparison to the same quarter last year, ChargePoint's revenue decreased by 24%, with networked charging systems revenue experiencing a 39% drop. Despite these declines, subscription revenue... More

ChargePoint Holdings Inc. (CHPT) PT Lowered to $3 at Needham, 'Demand Downturn Persists'

Needham analyst Chris Pierce lowered the price target on ChargePoint Holdings Inc. (NYSE: CHPT) to $3.00 (from $4.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating but lower our price target to $3 post Q4F24 results and company commentary. Weak... More

RBC Capital Downgrades ChargePoint Holdings Inc. (CHPT) to Sector Perform 'on Sluggish Macro Demand'

(Updated - March 6, 2024 4:12 AM EST)

RBC Capital analyst Chris Dendrinos downgraded ChargePoint Holdings Inc. (NYSE: CHPT) from Outperform to Sector Perform with a price target of $3.00 (from $3.50).

The analyst comments "FY2Q24 results slightly beat our expectations, but the... More

Chargepoint Holdings Inc. (CHPT) Reports In-Line Q4 EPS, provides guidance

Chargepoint Holdings Inc. (NYSE: CHPT) reported Q4 EPS of ($0.23), in-line with the analyst estimate of ($0.23). Revenue for the quarter came in at $115.8 million versus the consensus estimate of $118.55 million.

First Quarter and Fourth Quarter of Fiscal 2025 Guidance

For the first quarter of fiscal year... More

Chargepoint Holdings Inc. (CHPT) March weekly option implied volatility into quarter results

Chargepoint Holdings Inc. (NYSE: CHPT) March weekly call option implied volatility is at 240, March is at 170; compared to its 52-week range of 57 to 148 into the expected release of quarter results after the bell on March 5.