ChargePoint (NYSE:CHPT) Issues Earnings Results, Misses Estimates By $0.01 EPS

ChargePoint (NYSE:CHPTGet Free Report) announced its quarterly earnings results on Tuesday. The company reported ($0.09) EPS for the quarter, missing the consensus estimate 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 Price Performance

CHPT traded up $0.06 on Tuesday, hitting $0.65. 30,566,061 shares of the company were exchanged, compared to its average volume of 29,914,217. ChargePoint has a fifty-two week low of $0.56 and a fifty-two week high of $2.44. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.24 and a current ratio of 1.94. The firm has a market capitalization of $289.29 million, a P/E ratio of -0.88 and a beta of 1.70. The business’s fifty day moving average is $0.95 and its 200 day moving average is $1.21.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of ChargePoint in a research report 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 report on Thursday, December 5th. Benchmark reissued a “buy” rating and issued a $3.00 target price on shares of ChargePoint in a research report on Wednesday, November 20th. UBS Group cut their price target on ChargePoint from $1.50 to $1.30 and set a “neutral” rating on the stock in a research report on Tuesday, December 10th. Finally, The Goldman Sachs Group decreased their price objective on ChargePoint from $1.00 to $0.75 and set a “sell” rating for the company in a report on Thursday, February 20th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $2.41.

Read Our Latest Stock Report on ChargePoint

Insider Activity

In related news, insider Jagdeep Ca Singh sold 36,574 shares of ChargePoint stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $1.14, for a total transaction of $41,694.36. Following the completion of the transaction, the insider now directly owns 1,161,430 shares in the company, valued at $1,324,030.20. The trade was a 3.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Mansi Khetani sold 22,038 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $1.14, for a total value of $25,123.32. Following the sale, the chief financial officer now owns 1,230,305 shares in the company, valued at approximately $1,402,547.70. This trade represents a 1.76 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 87,148 shares of company stock worth $99,349. Company insiders own 3.50% of the company’s stock.

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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