By otakuyassine3@gmail.com 
ChargePoint Holdings, Inc. (NYSE:CHPT – Free Report) – Investment analysts at B. Riley issued their FY2026 earnings per share (EPS) estimates for ChargePoint in a research report issued to clients and investors on Tuesday, March 4th. B. Riley analyst R. Pfingst anticipates that the company will post earnings per share of ($0.42) for the year. The consensus estimate for ChargePoint’s current full-year earnings is ($0.57) per share.
ChargePoint (NYSE:CHPT – Get Free Report) last issued its earnings results on Tuesday, March 4th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01). ChargePoint had a negative net margin of 72.62% and a negative return on equity of 106.28%. The firm had revenue of $101.89 million during the quarter, compared to analyst estimates of $100.99 million.
Other research analysts have also recently issued research reports about the company. UBS Group reduced their price objective on ChargePoint from $1.50 to $1.30 and set a “neutral” rating on the stock in a research note on Tuesday, December 10th. Needham & Company LLC restated a “hold” rating on shares of ChargePoint in a research note on Wednesday. The Goldman Sachs Group reduced their price objective on ChargePoint from $1.00 to $0.75 and set a “sell” rating on the stock in a research note on Thursday, February 20th. Benchmark restated a “buy” rating and set a $3.00 price objective on shares of ChargePoint in a research note on Wednesday, November 20th. Finally, Royal Bank of Canada reduced their price objective 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. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $2.13.
Get Our Latest Stock Report on CHPT
ChargePoint Trading Up 5.3 %
Shares of CHPT opened at $0.74 on Friday. The stock’s 50-day moving average is $0.91 and its two-hundred day moving average is $1.19. The stock has a market cap of $325.12 million, a PE ratio of -0.99 and a beta of 1.85. ChargePoint has a 12 month low of $0.56 and a 12 month high of $2.44. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.94 and a quick ratio of 1.24.
Insider Buying and Selling
In related news, insider Jagdeep Ca Singh sold 36,574 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 value of $41,694.36. Following the completion of the sale, the insider now directly owns 1,161,430 shares of the company’s stock, valued at $1,324,030.20. The trade was a 3.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Henrik Gerdes sold 28,536 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $1.14, for a total value of $32,531.04. Following the completion of the sale, the chief accounting officer now directly owns 362,060 shares of the company’s stock, valued at approximately $412,748.40. This represents a 7.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 87,148 shares of company stock worth $99,349. 3.50% of the stock is currently owned by corporate insiders.
Institutional Trading of ChargePoint
Hedge funds and other institutional investors have recently bought and sold shares of the company. Perennial Advisors LLC bought a new stake in ChargePoint in the fourth quarter valued at about $26,000. Brevan Howard Capital Management LP bought a new stake in ChargePoint in the fourth quarter valued at about $27,000. Cibc World Markets Corp bought a new stake in ChargePoint in the fourth quarter valued at about $40,000. Callan Family Office LLC bought a new stake in ChargePoint in the fourth quarter valued at about $45,000. Finally, Strategic Investment Advisors MI bought a new position in shares of ChargePoint during the fourth quarter valued at approximately $46,000. 37.77% of the stock is owned by institutional investors.
ChargePoint Company Profile
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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