ChargePoint (NYSE:CHPT) Announces Earnings Results

ChargePoint (NYSE:CHPT) 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%. The company had revenue of $101.89 million during the quarter, compared to analysts’ expectations of $100.99 million. ChargePoint updated its Q1 2026 guidance to EPS.

ChargePoint Stock Up 9.5 %

NYSE:CHPT opened at $0.72 on Thursday. The firm has a market capitalization of $319.81 million, a P/E ratio of -0.98 and a beta of 1.85. The company’s fifty day moving average price is $0.93 and its 200-day moving average price is $1.20. ChargePoint has a 1-year low of $0.56 and a 1-year 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 at ChargePoint

In related news, CFO Mansi Khetani sold 22,038 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were 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 approximately $1,402,547.70. This trade represents a 1.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Henrik Gerdes sold 28,536 shares of the company’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 $32,531.04. Following the completion of the transaction, the chief accounting officer now owns 362,060 shares of the company’s stock, valued at approximately $412,748.40. This trade represents a 7.31 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 87,148 shares of company stock valued at $99,349. 3.50% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on CHPT shares. Royal Bank of Canada lowered their price target on shares of ChargePoint from $2.50 to $2.00 and set a “sector perform” rating on the stock in a report on Thursday, December 5th. Needham & Company LLC reaffirmed a “hold” rating on shares of ChargePoint in a report on Wednesday. The Goldman Sachs Group reduced their price target on ChargePoint from $1.00 to $0.75 and set a “sell” rating on the stock in a research report on Thursday, February 20th. UBS Group lowered their price objective on ChargePoint from $1.50 to $1.30 and set a “neutral” rating for the company in a research report on Tuesday, December 10th. Finally, Benchmark reaffirmed a “buy” rating and set a $3.00 target price on shares of ChargePoint in a research report on Wednesday, November 20th. Two equities research 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 stock. Based on data from MarketBeat, ChargePoint has an average rating of “Hold” and a consensus price target of $2.41.

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.