ChargePoint (NYSE:CHPT) Issues Quarterly Earnings Results

ChargePoint (NYSE:CHPTGet Free Report) announced its quarterly earnings data on Tuesday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01), Zacks reports. ChargePoint had a negative net margin of 72.62% and a negative return on equity of 106.28%. ChargePoint updated its Q1 2026 guidance to EPS.

ChargePoint Stock Performance

Shares of CHPT stock traded up $0.06 on Tuesday, hitting $0.65. The company had a trading volume of 30,731,073 shares, compared to its average volume of 29,930,154. ChargePoint has a twelve month low of $0.56 and a twelve month high of $2.44. The company has a quick ratio of 1.24, a current ratio of 1.94 and a debt-to-equity ratio of 1.65. The firm has a market cap of $289.29 million, a P/E ratio of -0.88 and a beta of 1.70. The company has a 50-day moving average price of $0.95 and a 200-day moving average price of $1.21.

Insider Buying and Selling at ChargePoint

In other news, CFO Mansi Khetani sold 22,038 shares of ChargePoint stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $1.14, for a total value of $25,123.32. Following the completion of the sale, the chief financial officer now directly owns 1,230,305 shares of the company’s stock, valued at approximately $1,402,547.70. The trade was a 1.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Henrik Gerdes sold 28,536 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $1.14, for a total transaction of $32,531.04. Following the completion of the transaction, the chief accounting officer now directly owns 362,060 shares of the company’s stock, valued at $412,748.40. This represents a 7.31 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 87,148 shares of company stock valued at $99,349. 3.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on CHPT shares. UBS Group cut their price target on ChargePoint from $1.50 to $1.30 and set a “neutral” rating for the company in a report on Tuesday, December 10th. Benchmark reaffirmed a “buy” rating and set a $3.00 price objective on shares of ChargePoint in a research note on Wednesday, November 20th. Needham & Company LLC reissued a “hold” rating on shares of ChargePoint in a research note on Thursday, December 5th. Royal Bank of Canada cut their target price on ChargePoint from $2.50 to $2.00 and set a “sector perform” rating on the stock in a research note on Thursday, December 5th. Finally, The Goldman Sachs Group decreased 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. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $2.41.

Check Out Our Latest Research Report on ChargePoint

ChargePoint Company Profile

(Get Free Report)

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.

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Earnings History for ChargePoint (NYSE:CHPT)

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