ChargePoint (NYSE:CHPT – Get Free Report) announced its quarterly earnings results 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 traded up $0.06 during mid-day trading on Tuesday, hitting $0.65. The stock had a trading volume of 30,731,073 shares, compared to its average volume of 29,930,154. The company has a market cap of $289.29 million, a PE ratio of -0.88 and a beta of 1.70. The company’s fifty day simple moving average is $0.95 and its two-hundred day simple moving average is $1.21. The company has a quick ratio of 1.24, a current ratio of 1.94 and a debt-to-equity ratio of 1.65. ChargePoint has a fifty-two week low of $0.56 and a fifty-two week high of $2.44.
Analysts Set New Price Targets
A number of analysts have commented on the company. UBS Group decreased their target price on ChargePoint from $1.50 to $1.30 and set a “neutral” rating on the stock in a research report on Tuesday, December 10th. Benchmark reissued a “buy” rating and set a $3.00 price target on shares of ChargePoint in a research note on Wednesday, November 20th. The Goldman Sachs Group lowered their target price on shares of ChargePoint from $1.00 to $0.75 and set a “sell” rating for the company in a report on Thursday, February 20th. Needham & Company LLC restated a “hold” rating on shares of ChargePoint in a report on Thursday, December 5th. Finally, Royal Bank of Canada decreased their price target on shares of ChargePoint from $2.50 to $2.00 and set a “sector perform” rating for the company in a research report on Thursday, December 5th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, ChargePoint has an average rating of “Hold” and an average target price of $2.41.
Insider Buying and Selling at ChargePoint
In other ChargePoint news, CAO Henrik Gerdes sold 28,536 shares of the business’s stock in a transaction on Monday, December 23rd. The stock was 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 owns 362,060 shares in the company, valued at approximately $412,748.40. The trade was a 7.31 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Mansi Khetani sold 22,038 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $1.14, for a total transaction of $25,123.32. Following the sale, the chief financial officer now owns 1,230,305 shares in the company, valued at $1,402,547.70. This trade represents a 1.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 87,148 shares of company stock worth $99,349 over the last 90 days. Insiders own 3.50% of the company’s stock.
About ChargePoint
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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