ChargePoint (NYSE:CHPT) Price Target Cut to $6.50 by Analysts at Royal Bank Of Canada

ChargePoint (NYSE:CHPT) had its price target decreased by stock analysts at Royal Bank Of Canada from $9.00 to $6.50 in a report issued on Thursday,MarketScreener reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 12.46% from the stock’s current price.

Several other equities research analysts also recently weighed in on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of ChargePoint in a report on Wednesday, January 21st. UBS Group reiterated a “neutral” rating and set a $9.00 price target (down from $12.00) on shares of ChargePoint in a research note on Monday, December 22nd. Roth Mkm set a $8.50 target price on shares of ChargePoint and gave the stock a “neutral” rating in a research note on Friday, December 5th. B. Riley Financial dropped their price target on ChargePoint from $12.50 to $11.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 10th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and set a $5.00 price objective on shares of ChargePoint in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $11.90.

ChargePoint Stock Down 11.1%

NYSE:CHPT traded down $0.72 during midday trading on Thursday, hitting $5.78. 309,783 shares of the company were exchanged, compared to its average volume of 484,378. ChargePoint has a fifty-two week low of $5.53 and a fifty-two week high of $17.78. The company has a market capitalization of $136.70 million, a PE ratio of -0.56 and a beta of 1.40. The company has a current ratio of 1.59, a quick ratio of 0.93 and a debt-to-equity ratio of 8.38. The company has a fifty day simple moving average of $6.50 and a 200 day simple moving average of $8.82.

ChargePoint (NYSE:CHPT) last issued its quarterly earnings data on Wednesday, March 4th. The company reported ($1.85) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.07) by ($0.78). The firm had revenue of $109.32 million for the quarter, compared to analysts’ expectations of $104.85 million. ChargePoint had a negative return on equity of 209.46% and a negative net margin of 59.54%. As a group, equities analysts anticipate that ChargePoint will post -0.57 earnings per share for the current fiscal year.

Insider Buying and Selling

In other ChargePoint news, CFO Mansi Khetani sold 3,943 shares of the company’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $6.99, for a total value of $27,561.57. Following the sale, the chief financial officer owned 130,363 shares of the company’s stock, valued at approximately $911,237.37. This represents a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jagdeep Ca Singh sold 4,832 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $6.99, for a total value of $33,775.68. Following the completion of the transaction, the insider owned 124,627 shares of the company’s stock, valued at approximately $871,142.73. This represents a 3.73% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 12,670 shares of company stock worth $88,534. Insiders own 3.50% of the company’s stock.

Hedge Funds Weigh In On ChargePoint

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its position in shares of ChargePoint by 6,429.1% in the first quarter. AQR Capital Management LLC now owns 2,679,217 shares of the company’s stock valued at $1,553,000 after purchasing an additional 2,638,182 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in ChargePoint by 2,885.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 461,771 shares of the company’s stock valued at $279,000 after purchasing an additional 446,302 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in ChargePoint by 14.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 283,924 shares of the company’s stock valued at $172,000 after purchasing an additional 36,097 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of ChargePoint by 61.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,790,823 shares of the company’s stock worth $2,293,000 after purchasing an additional 1,448,114 shares during the last quarter. Finally, Focus Partners Wealth purchased a new stake in shares of ChargePoint during the first quarter worth about $27,000. Institutional investors and hedge funds own 37.77% of the company’s stock.

Key ChargePoint News

Here are the key news stories impacting ChargePoint this week:

• Positive Sentiment: Q4 revenue beat and growth — ChargePoint posted revenue of about $109M (above consensus) and reported year‑over‑year sales growth, supporting the case for top‑line momentum. ChargePoint Q4 2026 Earnings Call Highlights
• Positive Sentiment: Operational improvements and balance‑sheet progress — Management highlighted stronger operational discipline and some debt reduction/working‑capital gains that marginally improve runway and execution credibility. Business Wire: ChargePoint Reports Fourth Quarter and Full Fiscal Year 2026 Financial Results
• Neutral Sentiment: Earnings call / transcripts available — Management commentary (earnings call transcript) provides more color on customer contract cadence, seasonality and margin roadmaps; useful for judging guidance assumptions but not an immediate catalyst. SA: Q4 2026 Earnings Call Transcript
• Negative Sentiment: Large EPS miss — GAAP loss per share for the quarter was -$1.85, well below consensus (-$1.07), underscoring ongoing heavy operating losses that worry profitability‑focused investors. Yahoo: Q4 Sales Top Estimates But Stock Drops
• Negative Sentiment: Weak Q1 2027 revenue guide — ChargePoint set Q1 revenue guidance roughly $90M–$100M, below Street expectations (~$105M), signaling potential near‑term revenue downside from seasonality/macro factors. Yahoo: Q4 2026 Earnings Call Highlights
• Negative Sentiment: Structural losses and possible capital needs — Analysts/commentary note sustained negative operating margins (~-50% FY) and that seasonal working‑capital improvements may be temporary, raising the likelihood of future equity or debt raises. Seeking Alpha: ChargePoint Q4 — The Misery Continues

About ChargePoint

ChargePoint (NYSE: CHPT) is a leading provider of electric vehicle (EV) charging solutions that designs, develops and markets charging hardware, software and services. The company’s portfolio includes Level 2 AC charging stations for residential, commercial and fleet applications, as well as DC fast charging systems suited for retail, hospitality and public use. ChargePoint’s integrated platform enables site hosts to manage charging infrastructure through cloud-based monitoring, analytics and billing tools, while EV drivers access and control charging sessions via a mobile app or RFID card.

Since its founding in 2007 and headquarters in Campbell, California, ChargePoint has built one of the largest open EV charging networks in the world.