In the latest trading session, ChargePoint Holdings, Inc. (CHPT - Free Report) closed at $9.54, marking a +2.91% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 1.82%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw a decrease of 2.86%.
Prior to today's trading, shares of the company had lost 9.12% lagged the Auto-Tires-Trucks sector's gain of 8.77% and the S&P 500's gain of 0.71%.
Investors will be eagerly watching for the performance of ChargePoint Holdings, Inc. in its upcoming earnings disclosure. The company is predicted to post an EPS of -$0.55, indicating a 58.33% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $109.83 million, indicating a 3.93% growth compared to the corresponding quarter of the prior year.
CHPT's full-year Zacks Consensus Estimates are calling for earnings of -$2.03 per share and revenue of $442.3 million. These results would represent year-over-year changes of +55.68% and +7.56%, respectively.
Investors should also note any recent changes to analyst estimates for ChargePoint Holdings, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ChargePoint Holdings, Inc. presently features a Zacks Rank of #2 (Buy).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 208, finds itself in the bottom 16% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a global leader in intelligent electrification and e-mobility, today introduced a new Channel Partner Program designed to help resellers across Europe capture growing demand for EV charging infrastructure through enhanced profitability, faster sales cycles, and greater business support. The program provides partners in the UK, France, and the DACH, Benelux, and Nordic regions with financial incentives, deal protection, marketing resou.
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
In the latest trading session, ChargePoint Holdings, Inc. (CHPT - Free Report) closed at $8.35, marking a +1.71% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.52% for the day. Elsewhere, the Dow saw a downswing of 1.24%, while the tech-heavy Nasdaq depreciated by 0.21%.
Shares of the company witnessed a loss of 8.57% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its loss of 1.99%, and the S&P 500's loss of 1.21%.
Analysts and investors alike will be keeping a close eye on the performance of ChargePoint Holdings, Inc. in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be -$0.55, reflecting a 58.33% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $109.83 million, up 3.93% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$2.03 per share and revenue of $442.3 million, indicating changes of +55.68% and +7.56%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for ChargePoint Holdings, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. ChargePoint Holdings, Inc. is holding a Zacks Rank of #2 (Buy) right now.
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 210, finds itself in the bottom 15% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. ChargePoint Holdings, Inc. (CHPT - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question.
ChargePoint Holdings, Inc. is a member of our Auto-Tires-Trucks group, which includes 105 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. ChargePoint Holdings, Inc. is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CHPT's full-year earnings has moved 31.6% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, CHPT has returned 19.3% so far this year. At the same time, Auto-Tires-Trucks stocks have lost an average of 12%. This means that ChargePoint Holdings, Inc. is outperforming the sector as a whole this year.
One other Auto-Tires-Trucks stock that has outperformed the sector so far this year is General Motors (GM - Free Report) . The stock is up 1.7% year-to-date.
The consensus estimate for General Motors' current year EPS has increased 5.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, ChargePoint Holdings, Inc. belongs to the Automotive - Original Equipment industry, a group that includes 53 individual stocks and currently sits at #191 in the Zacks Industry Rank. On average, this group has lost an average of 4.8% so far this year, meaning that CHPT is performing better in terms of year-to-date returns.
General Motors, however, belongs to the Automotive - Domestic industry. Currently, this 17-stock industry is ranked #82. The industry has moved -11.4% so far this year.
Investors with an interest in Auto-Tires-Trucks stocks should continue to track ChargePoint Holdings, Inc. and General Motors. These stocks will be looking to continue their solid performance.
Betting against ChargePoint (CHPT -0.30%) had become the easy trade. Electric vehicle (EV) sales were slowing and the charging infrastructure provider was rapidly burning cash. ChargePoint became a favorite target for short-sellers.
Then, September arrived.
ChargePoint stock staged a dramatic comeback and surged 83.3% in the month, according to data provided by S&P Global Market Intelligence.
Here's all you need to know.
Image source: Getty Images.
What's happening with ChargePoint stock?The big trigger came right at the beginning of September when ChargePoint released its second-quarter fiscal 2027 earnings report. Revenue rose 18% to $116.1 million, GAAP gross margin jumped to 36% from 31% a year ago, and net loss nearly halved to $35.6 million.
It was the strongest quarter in the history of a company that was founded in 2007. ChargePoint shares ripped 75% higher in a single session.
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One good quarter doesn't explain a move that size, though, but a heavy short position does. Traders who bet on a falling price had to buy shares to close out their positions, which pushed the price up and forced more of them to buy.
It was a classic short-squeeze, and a reminder that when a heavily shorted stock suddenly shows operational discipline, a rally can stun even the biggest skeptics.
To ChargePoint's credit, it expanded its Mercedes-Benz (MBGAF -1.66%) fleet partnership in Europe, began shipments of its new Express Solo fast charger, and electrified rental fleets at Portland Airport.
CEO Rick Wilmer also mentioned the hot word -- artificial intelligence (AI) – during ChargePoint's earnings call, stating that "AI is fundamentally changing" the way the company operates. Some of its AI initiatives include "compressing software development cycles, automating business processes," and accomplishing more with less.
Should you buy ChargePoint stock before it's too late?Wilmer seized the moment and told CNBC the stock's rally is "the beginning of the momentum." He expects new products and technology to drive ChargePoint's growth from here.
Here's a reality check: one quarter is too early to decide if a company has turned around.
ChargePoint expects only 4% revenue growth at the midpoint for the third quarter. Also, part of the Q2 margin boost came from one-time tariff refunds, not core operations.
The EV industry now has to run without legacy government subsidies amid intense price competition. That makes sustainable profit on low single-digit revenue growth a steep climb.
ChargePoint has shown us that it can operate more efficiently and preserve cash. Now, it must prove it can execute for the long haul as the challenge shifts from survival to sustainable execution.
Dragonfly Energy (NASDAQ:DFLI – Get Free Report) and ChargePoint (NYSE:CHPT – Get Free Report) are both small-cap industrials companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, valuation, analyst recommendations, dividends, institutional ownership, risk and earnings.
Profitability This table compares Dragonfly Energy and ChargePoint’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Dragonfly Energy -129.35% N/A -46.06% ChargePoint -40.59% -3,366.29% -15.95% Insider and Institutional Ownership 8.2% of Dragonfly Energy shares are held by institutional investors. Comparatively, 37.8% of ChargePoint shares are held by institutional investors. 3.1% of Dragonfly Energy shares are held by company insiders. Comparatively, 4.2% of ChargePoint shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Volatility & Risk Dragonfly Energy has a beta of 0.3, meaning that its share price is 70% less volatile than the S&P 500. Comparatively, ChargePoint has a beta of 1.7, meaning that its share price is 70% more volatile than the S&P 500. Analyst Ratings This is a breakdown of recent ratings and price targets for Dragonfly Energy and ChargePoint, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Dragonfly Energy 1 1 1 1 2.50 ChargePoint 3 7 0 0 1.70 Dragonfly Energy currently has a consensus target price of $3.12, indicating a potential upside of 267.13%. ChargePoint has a consensus target price of $7.07, indicating a potential downside of 23.84%. Given Dragonfly Energy’s stronger consensus rating and higher probable upside, equities analysts plainly believe Dragonfly Energy is more favorable than ChargePoint.
Earnings and Valuation This table compares Dragonfly Energy and ChargePoint”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Dragonfly Energy $58.63 million 0.22 -$69.94 million ($17.99) -0.05 ChargePoint $411.22 million 0.61 -$220.20 million ($7.18) -1.29 Dragonfly Energy has higher earnings, but lower revenue than ChargePoint. ChargePoint is trading at a lower price-to-earnings ratio than Dragonfly Energy, indicating that it is currently the more affordable of the two stocks.
Summary ChargePoint beats Dragonfly Energy on 8 of the 15 factors compared between the two stocks.
(Get Free Report)
Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others. It also offers battery management systems for monitoring and controlling of battery systems and to protect battery cells from damage in various scenarios. The company provides its products under the Dragonfly Energy, Battle Born, and Wakespeed brand names. Dragonfly Energy Holdings Corp. is headquartered in Reno, Nevada.
About ChargePoint (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. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.
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ChargePoint Holdings (CHPT -8.92%) stock has been on a massive run recently. Shares have soared almost 80% in the last month, including a gain of 6% this week as of Friday afternoon, according to data provided by S&P Global Market Intelligence.
That doesn't mean all shareholders are necessarily happy, though. ChargePoint stock has still lost almost 20% over the past year. But its most recent quarterly report may have signaled an inflection point, helping to explain its recent gains.
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A solid revenue beat and a narrower net loss weren't the only reasons for optimism. Those are incremental steps, certainly. But ChargePoint has taken incremental steps to grow revenue, only to regress in the past. Some of that has to do with the slowdown in EV sales growth. Still, it is likely also related to the strength of Tesla's Supercharger network and reported maintenance issues at non-Supercharger charging stations.
Image source: Getty Images.
More important signals of optimism were record gross margins and ChargePoint CEO Rick Wilmer's strong Q3 guidance, along with his remarks in a CNBC interview. "The growth is starting to accelerate. It'll be driven substantially by the new products and technology we're putting into the market," stated Wilmer.
Wilmer also correctly predicted that the results would be a catalyst to create momentum in ChargePoint stock. Whether that continues will depend on how well its promised new products and technology perform and are accepted by its charging station customers.
Howard Smith has positions in Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.
ChargePoint surged while its closest rivals slipped, raising a pointed question about whether one company is pulling ahead in the EV charging race or simply running a sprint the rest of the sector will eventually join.
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ChargePoint Holdings (NYSE:CHPT) stock jumped 7% to $10.16 on Wednesday, extending its strong September run. EVgo (NASDAQ:EVGO) shares fell 3% to $1.29, while Blink Charging (NASDAQ:BLNK) stock slipped 0.45% to $0.56. Electric-vehicle charging names showed divergent trading as ChargePoint continued to draw momentum-driven interest.
The Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) edged up 0.1% to $33.15. Broader markets advanced, with the SPDR S&P 500 ETF Trust (NYSE ARCA:SPY) rising 0.38% to $767.11. ChargePoint’s latest catalyst remains its strong second-quarter results, which delivered $116 million in revenue, improved margins, and a much smaller loss than expected. The recent move also reflects company-specific buying, even as notes continue to flag cash burn, balance-sheet pressure, and a rally that has outpaced the broader charging group.
ChargePoint Extends Monthly Momentum ChargePoint shares have built on a multi-week advance that has separated the stock from listed peers. Second-quarter revenue of $116 million rose 18% year over year and exceeded the company’s guidance range of $100 million to $110 million. Networked charging systems revenue grew 25%, while subscription revenue increased 10%.
Non-GAAP gross margin reached 38%, aided in part by tariff refunds, and the adjusted EBITDA loss narrowed significantly to roughly $5 million from more than $20 million a year earlier. UBS raised its price target to $9 from $8 while maintaining a neutral rating, citing better-than-expected results and higher longer-term revenue forecasts. Guidance for the current quarter calls for revenue of $105 million to $115 million.
EVgo Declines and Blink Charging Softens EVgo stock moved lower on the day. The company operates a network of fast-charging stations focused primarily on public DC charging for electric vehicles. EVgo shares have lagged ChargePoint’s recent advance, underscoring the stock-specific nature of the rally.
Blink Charging stock posted a smaller decline. Blink Charging provides charging equipment and networked services across residential, commercial, and fleet applications. Both EVgo and Blink Charging operate in the same broad EV infrastructure market as ChargePoint but have not matched the same degree of recent momentum.
Charging Group Shows Limited Spillover The Global X Autonomous & Electric Vehicles ETF’s modest gain indicated limited broader participation beyond ChargePoint. The company’s brand-neutral network and scale remain central to the bull case, yet investors continue to weigh ongoing cash requirements and the path to sustained profitability. Recent commentary has described the rally as driven more by positioning and execution improvement than by a sector-wide re-rating.
Similarities among ChargePoint, EVgo, and Blink Charging include exposure to the buildout of EV charging infrastructure and sensitivity to adoption rates and policy support. Differences appear in network focus, hardware versus services mix, and relative balance-sheet strength. ChargePoint’s sequential margin progress and reduced cash burn have stood out in the latest quarter.
CHPT Stock: What to Look For Next ChargePoint’s second-quarter results and subsequent price-target adjustment have supported the shares through September. Balance-sheet constraints and uncertainty around the pace of charging demand remain points of caution for analysts. EVgo and Blink Charging face their own utilization and capital challenges within a still-competitive market.
Investors in ChargePoint stock should consider keeping position sizes modest given the high volatility typical of EV charging stocks. Continued revenue growth, further margin expansion, and progress toward lower cash burn could sustain ChargePoint’s momentum, while any shortfall relative to guidance or renewed balance-sheet concerns may pressure the group.
Contact [email protected] for any questions or corrections.
ChargePoint is sprinting ahead while its closest charging rivals barely move, and the gap between them raises a question worth answering before the next session opens.
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Buying interest is concentrating in one corner of the electric vehicle charging group, and ChargePoint Holdings (NYSE:CHPT) is the name drawing it. ChargePoint stock is up 6% to $9.26 in afternoon trading, extending a 65% climb over the past month.
Both listed charging rivals are moving far less. EVgo (NASDAQ:EVGO) shares are up 1% to $1.36, a small bounce that trails ChargePoint stock by a wide margin. Meanwhile, Blink Charging (NASDAQ:BLNK) stock is down 2% to $0.55, moving in the opposite direction from the group leader.
The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.3%, so ChargePoint stock is climbing against a slightly softer broad market. The Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) is up 0.1%, providing a reading on the wider autonomous and electric vehicle theme. Against that background, the gain in ChargePoint stock looks even more isolated.
Momentum and Positioning Power ChargePoint Buying interest in ChargePoint stock is moving away from the rest of the charging group. EVgo and Blink Charging shares are trading close to unchanged while the S&P 500 fund is slightly lower, which points to demand aimed directly at one name. That pattern fits a stock carried by its own trend after a big month.
Over the past month, ChargePoint stock has separated from both listed charging peers, and the latest gain extends that gap. EVgo stock is down 1% over that stretch, while Blink Charging shares are up 3%, leaving both well behind the pace of ChargePoint stock. As the closest listed comparisons, EVgo and Blink Charging offer a useful check on whether the rally reflects the whole group.
Weighing the Case For and Against ChargePoint Network scale supports the investment thesis for ChargePoint. A charging network with broad reach benefits from every additional electric vehicle on the road, whichever car maker builds it, and that brand-neutral exposure is central to the company’s appeal. Supporters of ChargePoint can point to that reach as a reason the recent run in ChargePoint stock might have staying power.
Skeptics see the same move as a momentum trade. Trends in a low-priced, high-beta name like ChargePoint stock can reverse faster than they build, and a little speculation only stays harmless when it is fenced off with real position sizing rules (we put those rules in a free speculation playbook). Any sharp drop in ChargePoint stock could erase a meaningful share of the recent advance if buying interest fades.
What to Watch Next Confirmation from the rest of the charging group could be the next useful signal for ChargePoint. One thing to watch is whether EVgo and Blink Charging shares start following ChargePoint stock higher, which could point to broader buying interest across the space. A rally that keeps outpacing both rivals could leave ChargePoint stock more exposed to a sharp reversal.
Given how far ChargePoint stock has traveled in a month, investors should keep their positions modest and set exit levels before adding exposure. Moreover, spreading CHPT share purchases over time might help contain the risk if the trend turns.
Contact [email protected] for any questions or corrections.
David Moadel
David Moadel is financial writer specializing in stocks, ETFs, options, precious metals, and Bitcoin. David has written well over 1,000 articles for leading online publications, helping investors understand markets, income strategies, and risk.His work has appeared in The Motley Fool, InvestorPlace, U.S. News & World Report, TipRanks, ValueWalk, Benzinga, Market Realist, TalkMarkets, Finmasters, 24/7 Wall St., and others.With a master’s degree in education, David has taught at the elementary, high school, and college levels. That teaching background shapes his writing style: clear, educational, and practical. David has also built a loyal social-media audience by providing trustworthy financial content on YouTube, X/Twitter, and StockTwits.
Mansi Khetani, CFO of ChargePoint (CHPT), says the EV-based company "outperformed on all fronts" when discussing earnings. "People are buying EVs," she says, explaining that lower initial costs for these vehicles are winning over consumers as gas-based cars, and gasoline prices as a whole, climb.
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."
Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.
It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
ChargePoint Holdings, Inc. (CHPT - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:
A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 54%, the stock of this company is certainly well-positioned in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. CHPT meets this criterion too, as the stock gained 50.7% over the past 12 weeks.
Moreover, the momentum for CHPT is fast paced, as the stock currently has a beta of 1.77. This indicates that the stock moves 77% higher than the market in either direction.
Given this price performance, it is no surprise that CHPT has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped CHPT earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, CHPT is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. CHPT is currently trading at 0.56 times its sales. In other words, investors need to pay only 56 cents for each dollar of sales.
So, CHPT appears to have plenty of room to run, and that too at a fast pace.
In addition to CHPT, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.
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Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has ChargePoint Holdings, Inc. (CHPT - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question.
ChargePoint Holdings, Inc. is a member of the Auto-Tires-Trucks sector. This group includes 104 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. ChargePoint Holdings, Inc. is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for CHPT's full-year earnings has moved 31.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that CHPT has returned about 35.2% since the start of the calendar year. In comparison, Auto-Tires-Trucks companies have returned an average of -12.1%. As we can see, ChargePoint Holdings, Inc. is performing better than its sector in the calendar year.
One other Auto-Tires-Trucks stock that has outperformed the sector so far this year is Honda Motor (HMC - Free Report) . The stock is up 9.2% year-to-date.
For Honda Motor, the consensus EPS estimate for the current year has increased 128% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, ChargePoint Holdings, Inc. belongs to the Automotive - Original Equipment industry, a group that includes 52 individual stocks and currently sits at #157 in the Zacks Industry Rank. On average, this group has lost an average of 1.6% so far this year, meaning that CHPT is performing better in terms of year-to-date returns.
Honda Motor, however, belongs to the Automotive - Foreign industry. Currently, this 24-stock industry is ranked #159. The industry has moved -17.8% so far this year.
Investors with an interest in Auto-Tires-Trucks stocks should continue to track ChargePoint Holdings, Inc. and Honda Motor. These stocks will be looking to continue their solid performance.
ChargePoint Holdings, Inc. (NYSE: CHPT - Get Free Report) insider Jagdeep Singh sold 5,965 shares of ChargePoint stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $9.86, for a total transaction of $58,814.90. Following the completion of the sale, the insider owned 182,381 shares of the
ChargePoint Holdings, Inc. (NYSE: CHPT - Get Free Report) CFO Mansi Khetani sold 4,931 shares of the business's stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $9.86, for a total value of $48,619.66. Following the completion of the sale, the chief financial officer owned 174,417
ChargePoint Holdings, Inc. (NYSE: CHPT - Get Free Report) General Counsel Eric Batill sold 4,302 shares of ChargePoint stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $9.86, for a total transaction of $42,417.72. Following the completion of the transaction, the general counsel directly owned 139,329 shares of
ChargePoint Holdings, Inc. (NYSE: CHPT - Get Free Report) CAO Natella Novruzova sold 1,484 shares of the company's stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $9.86, for a total transaction of $14,632.24. Following the sale, the chief accounting officer directly owned 28,213 shares in
ChargePoint (NYSE:CHPT) is showing stronger progress toward profitability after a better-than-expected second quarter, prompting UBS to raise its price target to $9 from $8 while maintaining a “neutral” rating.
The bank lifted its fiscal 2027, 2028 and 2029 revenue forecasts following second-quarter sales of $116 million, which topped both consensus and UBS estimates, while adjusted EBITDA losses were significantly narrower than expected.
UBS revised its sales estimates for fiscal 2027, 2028 and 2029 to $449 million, $512 million and $630 million, respectively, from $438 million, $490 million and $603 million previously.
ChargePoint reported second-quarter sales of $116 million, up 18% year over year and above the consensus and UBS estimates of $105 million.
The result exceeded the company's own guidance range of $100 million to $110 million for the quarter.
Non-GAAP gross margin reached 38%, an increase of 500 basis points year over year, including a 400 basis point benefit from tariff refunds.
Adjusted earnings before interest, taxes, depreciation and amortization showed a loss of $5 million, significantly better than the consensus estimate of a $16 million loss and UBS's estimate of a $13 million loss.
ChargePoint guided for fiscal third-quarter revenue of $105 million to $115 million, compared with consensus expectations of $111 million and UBS's estimate of $113 million.
UBS said it remained neutral on the stock given balance sheet constraints and uncertainty around demand for electric vehicle charging infrastructure.
The bank said improving execution nonetheless supported a more balanced risk-reward profile for the shares.
UBS based its higher price target on a valuation multiple of approximately 0.8x projected sales for the period from the third quarter of fiscal 2028 through the second quarter of fiscal 2029.
The bank said this multiple, up from 0.6 times previously, was in line with the average among peer companies.
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ChargePoint (NYSE:CHPT – Get Free Report) and Enersys (NYSE:ENS – Get Free Report) are both industrials companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings and institutional ownership.
Institutional & Insider Ownership 37.8% of ChargePoint shares are held by institutional investors. Comparatively, 94.9% of Enersys shares are held by institutional investors. 4.2% of ChargePoint shares are held by insiders. Comparatively, 1.1% of Enersys shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Analyst Ratings This is a summary of recent recommendations and price targets for ChargePoint and Enersys, as reported by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score ChargePoint 3 8 0 0 1.73 Enersys 0 0 5 1 3.17 ChargePoint currently has a consensus target price of $6.93, suggesting a potential downside of 32.80%. Enersys has a consensus target price of $265.00, suggesting a potential upside of 49.24%. Given Enersys’ stronger consensus rating and higher probable upside, analysts plainly believe Enersys is more favorable than ChargePoint. Risk and Volatility ChargePoint has a beta of 1.77, meaning that its share price is 77% more volatile than the S&P 500. Comparatively, Enersys has a beta of 1.21, meaning that its share price is 21% more volatile than the S&P 500.
Valuation and Earnings This table compares ChargePoint and Enersys”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio ChargePoint $432.89 million 0.64 -$220.20 million ($7.18) -1.44 Enersys $3.75 billion 1.71 $293.56 million $9.34 19.01 Enersys has higher revenue and earnings than ChargePoint. ChargePoint is trading at a lower price-to-earnings ratio than Enersys, indicating that it is currently the more affordable of the two stocks.
Profitability This table compares ChargePoint and Enersys’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets ChargePoint -40.59% -3,366.29% -15.95% Enersys 9.29% 24.02% 11.42% Summary Enersys beats ChargePoint on 13 of the 15 factors compared between the two stocks.
About ChargePoint (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. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.
About Enersys (Get Free Report)
EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries. The Motive Power segment provides power solutions for electric industrial forklifts used in manufacturing, warehousing, and other material handling applications, as well as automated guided vehicles, mining equipment, and diesel locomotive starting and other rail equipment. The Specialty offers batteries for starting, lighting, and ignition applications in automotive and over-the-road trucks; and energy solutions for satellites, spacecraft, commercial aircraft, military land vehicles, aircraft, submarines, ships, and other tactical vehicles, as well as medical devices and equipment. The New Venture segment provides energy storage and management systems for demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles. The company also offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It sells its products through a network of distributors, independent representatives, and internal sales forces. The company was formerly known as Yuasa, Inc. and changed its name to EnerSys in January 2001. EnerSys was founded in 1991 and is headquartered in Reading, Pennsylvania.
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ChargePoint stock surged 61% in a single month while every sector peer moved the opposite direction, and nobody can point to a catalyst that explains it. That combination of facts makes the buy-or-wait decision unusually uncomfortable right now.
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ChargePoint Holdings (NYSE:CHPT) has separated itself from the EV-charging group in a way that is hard to ignore. ChargePoint stock has gained 61% over the past month while every listed comparator in this piece moved the other way, and no verified company-specific catalyst on record here accounts for the run.
The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 1% over the same month, so the broad market’s mild slip didn’t lift ChargePoint. That frames how unusual the divergence is: ChargePoint’s advance isn’t a rising-market effect being amplified inside a small-cap name.
ChargePoint stock is at $9.48, up 6% in Thursday afternoon trading, adding to the monthly surge rather than giving it back. That the buying continues today is why the “too late” question has weight at all, and why this piece is worth writing rather than closing with a shrug.
A Rally Without a Sourced Catalyst The material on record for this article doesn’t include an earnings surprise, guidance change, analyst action, financing, partnership or reverse split that lands inside the window in question. The plain read is that the gain is real and specific to ChargePoint, and this piece can’t source what caused it.
What is on record is ChargePoint’s Q2 FY2027 report from earlier in September, when the company posted revenue of $116.08 million, up 17.7% year over year, with non-GAAP gross margin reaching 38%. CEO Rick Wilmer called it “an exceptional quarter for ChargePoint” on the earnings call, and management pointed to early access shipments of the Express Solo DC fast charger, an expanded Eaton partnership and continued cost discipline. That result is context for the month, not a same-day trigger, and the stock’s run has continued well after those numbers were digested.
EV-Charging Peers Went the Other Way To put ChargePoint’s month in context, its direct listed peer stocks went the other way. Blink Charging (NASDAQ:BLNK) is down 6% over the past month. EVgo (NASDAQ:EVGO) is also down 6% over the same window, cutting against ChargePoint’s direction as well.
The wider category tells the same story. The Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) is down 6% over the past month, and its holdings span automakers, batteries and semiconductors rather than charging pure-plays. ChargePoint’s advance isn’t a sector re-rating, because the sector wasn’t re-rated inside the same window.
Is It Too Late to Buy CHPT? The case that it’s late starts with the size of the move. A one-month gain of that magnitude in a single-digit stock prices in a great deal of improvement before any of it has been demonstrated, and a gain no one can attribute is a gain that can reverse without an announcement either. ChargePoint carried a shareholders’ deficit of -$36.1 million and cash of $95.33 million into the run, so the balance sheet hasn’t caught up to the stock.
A counterargument is that ChargePoint is still a single-digit stock, and the advance didn’t come with the sector. That’s what a genuine re-rating of one company looks like rather than a group trade, and the Q2 non-GAAP adjusted EBITDA loss of $5 million is a much smaller hole to climb out of than the prior-year quarter’s $22 million. Networked Charging Systems revenue also grew 25% year over year to $62.9 million in the same quarter, so the underlying business isn’t standing still. A reader weighing ChargePoint here is really deciding whether they believe the decoupling is justified by something not yet public.
What to Watch Traders can watch for whether ChargePoint stock holds above the levels that produced this month’s gain into next week, since a move built on no sourced catalyst is the kind that gives ground quickly once buying pauses. Any position in ChargePoint should be sized to survive that reversal, and averaging in over multiple sessions is usually kinder to a portfolio than chasing a stock that just ran this hard.
Shareholders may want to keep an eye on whether ChargePoint files or announces anything in the coming sessions that would retroactively explain the run. Until such a disclosure appears, the fair label for ChargePoint stock’s month is a single-company move without a public reason, and readers should size their exposure to it accordingly.
Contact [email protected] for any questions or corrections.
Three beaten-down EV charging stocks are climbing together Wednesday morning with no news, no analyst action, and no company announcement to explain the move, and that silence is exactly what makes the session worth paying attention to.
Small-cap electric vehicle charging stocks are running together Wednesday morning with nothing from the companies to explain the bid. The three names climbing in sync while broader mobility exposure barely moves reads as speculative flow into beaten-down charging shares rather than any change in the businesses themselves.
The Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) is at $33.42, up 0.6%. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is at $760.42, up 0.4%. The DRIV ETF is dominated by the wider mobility theme rather than charging infrastructure, so its move gives tape context and doesn’t corroborate what the charging names are doing.
Blink Charging (NASDAQ:BLNK) stock is at $0.55, up 6%, and a sub-dollar share price means a move of a penny or two can register as an outsized percentage change. Meanwhile, ChargePoint Holdings (NYSE:CHPT) shares are at $9.18, up 4% today, extending a month of buying rather than starting one. Moreover, EVgo (NASDAQ:EVGO) stock is at $1.44, up 2% on Wednesday’s session.
A Tale of Contrasting Sectors No company announcement, contract award, partnership, government program decision, analyst action, guidance change, tariff move or automaker deal explains today’s action in Blink Charging, ChargePoint or EVgo, and a search of the available reporting turned up none. The absence of news is part of what makes the session worth flagging, since three differently sized charging operators don’t often move in the same direction on the same morning without a shared trigger.
The DRIV portfolio spans automakers, EV manufacturers, batteries, lithium producers, sensors and semiconductors, so it responds to the wider mobility theme first and to charging-specific news last. When the three charging operators run together and DRIV barely moves, the signal is about appetite for risk at the speculative end of the charging group rather than about charging demand or utilization trends.
The SPY ETF rounds out the picture. The broad market is barely up on the day, the mobility fund is barely up on the day, and Blink Charging, ChargePoint and EVgo are the piece of the frame doing anything, which is the shape of a flow event rather than a re-rating of the group’s fundamentals.
Past Month Cuts Against a Shared Story The past-month tape argues against reading Wednesday as one shared recovery story for Blink Charging, ChargePoint and EVgo. ChargePoint stock is up 49% over the past month, a stretch that already reflects a fresh look from the market at the name well before today’s session.
Blink Charging stock is down 7% over the past month, and EVgo stock is down 13% over the same window. Two of the three operators have been sold over the past several weeks while the third has been bought, so their coming together in one session is best read as speculative flow rather than a group thesis catching on.
That divergence matters for how a reader interprets the size of today’s moves. Blink Charging and EVgo are catching a bid off recent weakness, while ChargePoint is adding to an already-extended run, and those two conditions carry different risk profiles even when the day’s percentage prints look similar.
What to Watch Next The charging trio can hold today’s gains into the close if the broader small-cap tape follows through and the appetite behind Blink Charging, ChargePoint and EVgo doesn’t fade with the session. Traders may want to check for whether ChargePoint stock’s run cools or extends now that the stock is well off its recent lows, since it’s the name in the group with the most cumulative move to defend.
Blink Charging stock’s sub-dollar handle means percentage swings there will keep looking larger than the dollar action behind them, and market watchers can stay tuned for any signs that the flow spreads to adjacent small-cap charging or EV infrastructure names. EVgo stock sitting in the middle of the group on both price and move is a useful tell for whether the day’s bid is broadening or narrowing across the sector.
Investors sizing new share positions in Blink Charging, ChargePoint or EVgo should keep their exposure modest given the speculative character of the session, the sub-dollar price on Blink Charging, and the mixed past-month picture across the three. Their risk budgets can absorb single-session moves of this size only when position sizing is conservative from the start, and none of today’s action changes the underlying earnings profile at any of the three names.
Contact [email protected] for any questions or corrections.
ChargePoint Holdings (NYSE:CHPT) stock is up 38% year to date (YTD) and trades at $9.18 midday Friday, putting the EV-charging name within striking distance of $10.
The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. ChargePoint Holdings, Inc. (CHPT - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
ChargePoint Holdings, Inc. is a member of the Auto-Tires-Trucks sector. This group includes 104 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. ChargePoint Holdings, Inc. is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CHPT's full-year earnings has moved 23.8% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that CHPT has returned about 41.1% since the start of the calendar year. At the same time, Auto-Tires-Trucks stocks have lost an average of 11.9%. This shows that ChargePoint Holdings, Inc. is outperforming its peers so far this year.
One other Auto-Tires-Trucks stock that has outperformed the sector so far this year is Honda Motor (HMC - Free Report) . The stock is up 5.4% year-to-date.
For Honda Motor, the consensus EPS estimate for the current year has increased 127.2% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, ChargePoint Holdings, Inc. belongs to the Automotive - Original Equipment industry, a group that includes 52 individual companies and currently sits at #177 in the Zacks Industry Rank. Stocks in this group have gained about 3.2% so far this year, so CHPT is performing better this group in terms of year-to-date returns.
Honda Motor, however, belongs to the Automotive - Foreign industry. Currently, this 24-stock industry is ranked #188. The industry has moved -15.8% so far this year.
Going forward, investors interested in Auto-Tires-Trucks stocks should continue to pay close attention to ChargePoint Holdings, Inc. and Honda Motor as they could maintain their solid performance.
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."
Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
There are several stocks that currently pass through the screen and ChargePoint Holdings, Inc. (CHPT - Free Report) is one of them. Here are the key reasons why this stock is a great candidate.
A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 49.4%, the stock of this company is certainly well-positioned in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. CHPT meets this criterion too, as the stock gained 30.1% over the past 12 weeks.
Moreover, the momentum for CHPT is fast paced, as the stock currently has a beta of 1.77. This indicates that the stock moves 77% higher than the market in either direction.
Given this price performance, it is no surprise that CHPT has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped CHPT earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, CHPT is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. CHPT is currently trading at 0.53 times its sales. In other words, investors need to pay only 53 cents for each dollar of sales.
So, CHPT appears to have plenty of room to run, and that too at a fast pace.
In addition to CHPT, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.
Click here to sign up for a free trial to the Research Wizard today.
Key Takeaways Beazer Homes, Centene, HP, ChargePoint and Cracker Barrel emerge from a broker-focused stock screen. Centene's current-year EPS estimate has surged 135.1% year over year after four straight earnings beats. CHPT connects drivers to over 1.4 million charging ports, while HP benefits from its expanding AI PC mix. The resumption of hostilities between the United States and Iran and the resultant deepening of the impasse surrounding the Strait of Hormuz implies that there is no end in sight to the crisis that has rattled markets worldwide. Adding to the woes, the Ukraine-Russia tensions show no signs of subsiding even after so many years.
Moreover, the expectation that the Federal Reserve will keep interest rates higher for longer highlights that we are not yet out of the woods on inflation. Amid this uncertainty, the strong jobs report has reinforced the resiliency of the U.S. economy. Another encouraging factor is the impressive second-quarter 2026 earnings reports amid this turbulent scenario.
In this challenging scenario, investors would like to design their portfolio of stocks prudently so that their hard-earned money is not wasted. One way to move forward is to bet on broker-favored stocks like Beazer Homes USA (BZH - Free Report) , Centene (CNC - Free Report) , HP (HPQ - Free Report) , ChargePoint Holdings (CHPT - Free Report) and Cracker Barrel Old Country Store (CBRL - Free Report) .
Since brokers meticulously follow the stocks in their coverage, they revise their earnings estimates after carefully examining the pros and cons of an event for the concerned company. Naturally, their estimate revisions serve as an important pointer regarding the price of a stock. Given this extensive know-how, brokers are deemed to be experts, equipped with thorough knowledge and a clear insight into the nitty-gritty of the investment world. Paying heed to such well-researched information is, therefore, advisable for investors.
Screening Parameters # (Up- Down Rating)/ Total (4 weeks) =Top #75 (This gives the list of top 75 companies that have witnessed net upgrades over the last 4 weeks).
% change in Q (1) est. (4 weeks) = Top #10 (This gives the top 10 stocks that have witnessed earnings estimate revisions over the past 4 weeks for the upcoming quarter).
Price-to-Sales = Bot%10 (The lower the ratio, the better. Companies meeting this criterion are in the bottom 10% of our universe of over 7,700 stocks concerning this ratio).
Current Price greater than 5 (as a stock trading below $5 is unlikely to create significant interest for most investors).
Average Daily Volume greater than 100,000 shares over the last 20 trading days (Volume has to be significant to ensure that these are easily traded).
Market value ($ mil) = Top #3000 (This gives us stocks that are the top 3000 in terms of market capitalization).
Com/ADR/Canadian= Com (This eliminates the ADR and Canadian stocks).
Here are five of the 10 stocks that made it through the screen:
Beazer Homes, currently sporting a Zacks Rank #1 (Strong Buy), is headquartered in Atlanta, GA. It is a leading national homebuilder in energy-efficient construction. You can see the complete list of today’s Zacks #1 Rank stocks here
BeazerHomes surpassed the Zacks Consensus Estimate for earnings in three of the last four quarters and missed the mark once, the average beat being 29.4%. The Zacks Consensus Estimate for current-quarter revenues of this construction company has increased 5.2% year over year.
Centene, currently sporting a Zacks Rank #1, is benefiting from disciplined pricing, portfolio optimization and favorable Medicaid rate actions. Centene has consistently used acquisitions and partnerships to expand its scale, deepen capabilities and strengthen its Medicaid footprint.
Centene surpassed the Zacks Consensus Estimate for earnings in each of the last four quarters. The average beat is 151.3%. The Zacks Consensus Estimate for current-year earnings per share has increased by a massive 135.1% year over year.
HP’s expanding AI PC mix, premium PC share gains and broader exposure to workstations, workforce solutions and industrial printing support a better revenue and profit mix. Product innovation and recurring print offerings add durability beyond traditional hardware cycles. Pricing, supply actions and product redesign should help offset rising component costs, while a higher cash-flow outlook and disciplined capital returns provide further support.
HP surpassed the Zacks Consensus Estimate for earnings in each of the last four quarters. HP is using a four-part program to manage higher memory and storage costs through supply actions, demand shaping, targeted cost reduction and disciplined pricing. The stock currently sports a Zacks Rank #1.
ChargePoint is building the infrastructure that makes widespread electric vehicle, or EV, adoption possible. The company has built one of the largest EV charging ecosystems in the world, connecting drivers to more than 1.4 million public and private charging ports globally. Its managed network includes roughly 400,000 charging ports, including more than 41,000 DC fast chargers, with a growing presence across Europe.
ChargePoint, currently carrying a Zacks Rank #2 (Buy), has an impressive earnings surprise history. CHPT surpassed the Zacks Consensus Estimate for earnings in each of the last four quarters, with the average beat being 35.3%.
Cracker Barrel’s brand heritage remains a differentiator, and the company continues to lean into food, value and shared traditions to reinforce guest affinity. Menu upgrades, loyalty engagement and value messaging support traffic recovery, while cost discipline, retail resets and digital tools aid margins at Cracker Barrel.
Cracker Barrel, currently carrying a Zacks Rank #2, has an impressive earnings surprise history. CBRL surpassed the Zacks Consensus Estimate for earnings in three of the last four quarters and missed the mark once, with the average beat being 128.6%.
Shares of ChargePoint (CHPT +8.92%) rocketed more than 77% higher this past week after the electric vehicle charging infrastructure provider reported stronger-than-expected financial results, and its leadership team gave upbeat commentary on the EV industry.
Image source: Getty Images.
ChargePoint's losses are narrowing as it scales its operations ChargePoint's revenue rose 18% year over year to $116 million in its fiscal 2027 second quarter, which ended July 31.
The gains were fueled by a 25% surge in networked charging systems revenue to $63 million, and a 10% jump in subscription revenue to $44 million.
During a conference call with analysts, CEO Rick Wilmer noted that higher gas prices are boosting demand for EVs in the U.S. He also pointed to a J.D. Power report showing that once someone purchases an EV, they're likely to continue to do so.
"Once consumers go electric, they stay," Wilmer said.
Additionally, Wilmer said EV trends are even more favorable in Europe, with sales up 33% year over year in July.
"Globally, the long-term case for EV adoption continues to strengthen, and we are seeing meaningful real-time market dynamics that support continued growth for ChargePoint," Wilmer said.
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At the same time, ChargePoint is working to cut costs. The company's adjusted operating expenses declined by 11% to $52.3 million.
All told, ChargePoint's adjusted net loss shrank by 72% to $9.2 million.
New innovations should drive ChargePoint's expansion Wilmer highlighted an ultrafast new charger that ChargePoint codeveloped with power management giant Eaton. Billed as "the world's fastest stand-alone EV charger," the Express Solo can deliver up to 600 kilowatts of power and charge an EV from 10% to 80% in just 11 minutes.
"We co-engineered Express with Eaton with an uncompromising focus on performance, scalability, energy density, and economics that we believe is unmatched," Wilmer said. "Early access units have begun shipping, and the demand signal from customers has been exceptional."
ChargePoint Holdings (NYSE:CHPT) shares surged 53% Thursday after the electric-vehicle charging company reported second-quarter results that beat Wall Street estimates and posted a smaller-than-expected loss.
Revenue for the quarter came in at $116.1 million, up 18% year-over-year and ahead of analyst estimates of $105 million.
Non-GAAP adjusted EBITDA loss narrowed to $4.8 million, an improvement of 78% from a year earlier and well ahead of the $16.4 million loss analysts had forecast. Non-GAAP gross margin rose 500 basis points year-over-year to 38%.
For the third quarter, ChargePoint guided revenue in a range of $105 million to $115 million, versus analyst estimates of $109 million.
By segment, net revenue from Networked Charging Systems rose 25% year-over-year to $62.9 million, while Subscription revenue increased 10% to $43.7 million.
GAAP gross margin came in at 36%, also up 500 basis points from a year earlier. Non-GAAP net loss was $9.2 million, down 72% year-over-year, while the GAAP net loss narrowed 46% to $35.6 million. The company held $95.7 million in cash, cash equivalents and restricted cash at quarter-end.
ChargePoint also named John Saffrett as executive vice president and managing director for Europe, and said early access shipments of its Express Solo product have begun.
ChargePoint just posted one of the sharpest single-session surges in its history, but the numbers behind the move tell a more complicated story than the ticker suggests.
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After Wednesday’s close, ChargePoint Holdings (NYSE:CHPT) reported a fiscal second-quarter revenue beat and a materially narrower adjusted loss, and Thursday’s session has produced a violent reaction in ChargePoint stock. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 1% to $772.51, so the market isn’t doing most of the lifting on this one.
ChargePoint stock is up 74% to $9.05 on Thursday afternoon, one of the sharpest single-session moves the name has recorded. ChargePoint shares closed down 22% year to date and down 6% over the past month through Wednesday’s close, so this is a violent recovery off a low base. Even after Thursday’s rally, ChargePoint stock trades below its 52-week high of $12.61.
Revenue Beat and Narrower Loss Clear Estimates For its fiscal second quarter ended July 31, ChargePoint reported revenue of $116.1 million, up 18% year over year and ahead of the roughly $105 million analysts expected. The company’s non-GAAP adjusted EBITDA loss narrowed to $4.8 million, an improvement of 78% from a year earlier and well ahead of the $16.4 million loss analysts had forecast. On the bottom line, ChargePoint posted an adjusted loss per share of $1.35 against a forecast loss of $1.60, clearing consensus on all three headline metrics at once.
ChargePoint’s segment detail showed hardware outrunning software, with Networked Charging Systems revenue up 25% year over year to $62.9 million and Subscription revenue up 10% to $43.7 million. That mix matters, since hardware growth is what would eventually turn ChargePoint from a subscription-heavy story into one with real product volume. The company held $95.7 million in cash, cash equivalents and restricted cash at quarter-end, and management flagged essentially zero cash burn during the quarter, according to ChargePoint.
Margin Expansion Leans on a One-Time Refund ChargePoint’s non-GAAP gross margin rose 500 basis points year over year to 38%, a record for the company on that measure. The figure included a one-time tariff refund of $4.2 million at ChargePoint, and excluding that benefit non-GAAP gross margin would have printed at 35%. On a clean basis, the underlying 35% level still steps up meaningfully from the year-ago quarter.
Looking ahead, ChargePoint guided fiscal third-quarter revenue to a range of $105 million to $115 million against the roughly $109 million analysts expected. The range brackets consensus without clearing it, so the forward number didn’t move the way the reported quarter did. That gap between the size of Thursday’s reprice and the modest guidance signal is the real tension in a 74% session, and no short interest data is available to confirm a covering dynamic behind the magnitude.
Peer Charging Names Offer No Read-Across The closest listed comparables in EV charging carry no same-day catalyst to test whether the enthusiasm extends past ChargePoint. Blink Charging (NASDAQ:BLNK) sits in the same subsector as a smaller public charging operator pursuing its own margin turnaround. EVgo (NASDAQ:EVGO) rounds out the fast-charging peer set with a network operator model that leans closer to owner-operator economics than ChargePoint’s capital-light approach.
Beyond the direct peer set, the Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) covers the broader mobility theme, though its holdings skew toward automakers, semiconductors and battery names instead of charging-network operators. That leaves no clean sector proxy for whether traders are chasing charging infrastructure specifically or just chasing ChargePoint on its own results. Either way, the read-across from a single-name reprice this large is limited.
What to Watch Next ChargePoint’s fiscal third-quarter print is the next data point that will test whether Thursday’s reprice is sustainable, since the guidance range brackets consensus without raising it. Traders can watch for whether early access shipments of Express Solo and the extended Mercedes-Benz fleet partnership in the UK and Germany translate into a stronger revenue trajectory in the back half of the fiscal year.
The magnitude of Thursday’s move exceeds what the reported figures alone account for, and ChargePoint stock still trades below its 52-week high even after the run. Investors should keep their position sizing modest given the low share price, the continued adjusted EBITDA loss, and a margin beat that leans partly on a tariff refund that isn’t slated to repeat.
Contact [email protected] for any questions or corrections.
ChargePoint is reiterated as a Buy following Q2 FY27 results, with 18% YoY revenue growth and a top-line beat. Margin expansion is a key thesis driver, as Q2 GAAP gross margin rose 500 bps YoY to 36%, aided by cost discipline and non-recurring tariff refunds. Express Solo product ramp-up and European market focus are expected to accelerate revenue and margin growth into FY28 and beyond.
ChargePoint Holdings CEO Rick Wilmer believes a surge in the electric vehicle charging company's stock Thursday is just "the beginning of the momentum," he told CNBC.
Shares of ChargePoint increased more than 70% during afternoon trading after the company significantly beat Wall Street's second-quarter expectations for its 2027 fiscal year and guided toward continued improvements in its performance.
It's the most notable increase since it underwent a reverse stock split last year to raise its share price and maintain compliance with the New York Stock Exchange's minimum trading price requirement of $1 per share.
"The growth is starting to accelerate," Wilmer told CNBC during an interview Thursday morning. "It'll be driven substantially by the new products and technology we're putting into the market."
ChargePoint, unlike some EV charging companies, does not actually own and operate its chargers. It provides hardware, software and services to customers, such as businesses, that want to offer chargers to their employees or customers.
The company after markets closed Wednesday reported revenue of $116.1 million and a loss per share of 35 cents during the quarter. That compared with analyst expectations of $105.2 million in revenue and a loss of 85 cents, according to average estimates compiled by LSEG.
ChargePoint stock over one day
Its performance was assisted by a one-time tariff refund of approximately $4.2 million in the quarter, but the company said its normalized gross margin would have still set a new record without the benefit.
"We've now had our fourth consecutive quarter of year-over-year growth, and this quarter we just reported yesterday was obviously another good growth quarter," Wilmer said. "And now [we're] expecting that to accelerate, especially as we move into next year."
As part of its growth plan, the company has been introducing faster high-performance chargers, known as "Level 3," in Europe, as well as next-generation products for the U.S., including Level 2 and Level 3 chargers.
The company also is using artificial intelligence to improve charging times for its customers, reduce how long it takes to develop software and improve efficiency across its business, Wilmer said.
Wilmer's optimism comes despite a slowdown in all-electric vehicle sales during the past year, following the elimination of federal support for the industry in the U.S., including the end of an up to $7,500 consumer benefit for purchasing an EV.
"I think, altogether, the down cycle, or the doom and gloom, has been a bit overstated. I think there's a lot more positivity at the ground level," Wilmer said. "I just think in the end, better products can win."
U.S. automakers are continuing to sell EVs, and demand in the used vehicle market is strong amid high gas prices, but the move to non-gas-powered vehicles has been significantly lower than many companies and analysts previously expected.
ChargePoint is toward the end of a three-year business plan spearheaded by Wilmer that focused on reducing cash burn and profits, including cutting net losses from $125.3 million three years ago to $35.6 million during its most recent quarter.
The company has not disclosed when it plans to be profitable, but Wilmer said the company is on its way to achieve a profit on an earnings before interest, taxes, depreciation and amortization basis.
"We're approaching that quickly, and we want to get there ASAP," he said Thursday.
ChargePoint's third-quarter guidance for its 2027 fiscal year included revenue between $105 million and $115 million, which would be a mid-point increase of roughly 4% year-over-year.
ChargePoint Holdings (NYSE:CHPT) shares surged 53% Thursday after the electric-vehicle charging company reported second-quarter results that beat Wall Street estimates and posted a smaller-than-expected loss.
Revenue for the quarter came in at $116.1 million, up 18% year-over-year and ahead of analyst estimates of $105 million.
Non-GAAP adjusted EBITDA loss narrowed to $4.8 million, an improvement of 78% from a year earlier and well ahead of the $16.4 million loss analysts had forecast. Non-GAAP gross margin rose 500 basis points year-over-year to 38%.
For the third quarter, ChargePoint guided revenue in a range of $105 million to $115 million, versus analyst estimates of $109 million.
By segment, net revenue from Networked Charging Systems rose 25% year-over-year to $62.9 million, while Subscription revenue increased 10% to $43.7 million.
GAAP gross margin came in at 36%, also up 500 basis points from a year earlier. Non-GAAP net loss was $9.2 million, down 72% year-over-year, while the GAAP net loss narrowed 46% to $35.6 million. The company held $95.7 million in cash, cash equivalents and restricted cash at quarter-end.
ChargePoint also named John Saffrett as executive vice president and managing director for Europe, and said early access shipments of its Express Solo product have begun.
ChargePoint Holdings Inc. (NYSE:CHPT) shares are trading higher Thursday after the company reported second-quarter results on Wednesday after market close.
ChargePoint stock is among today’s top performers. What’s driving CHPT stock higher? Q2 Beat with Revenue Growth and Improved MarginsChargePoint reported an adjusted loss of 35 cents per share, beating the consensus estimate of a loss of 84 cents. In addition, the company reported revenue of $116.075 million, beating the consensus estimate of $105.223 million.
Networked charging systems revenue came in at $62.9 million, up 25% from $50.4 million in the same period last year. Subscription revenue rose 10% to $43.7 million from $39.9 million a year earlier. Cash, cash equivalents and restricted cash stood at $95.7 million as of July 31, with approximately 27 million shares of common stock outstanding.
“The second quarter was an exceptional quarter for ChargePoint as we exceeded the high end of our guidance, delivered record non-GAAP gross margin, and managed our cash with extreme rigor through continued operational discipline,” said Rick Wilmer, President and CEO of ChargePoint.
Q3 Sales GuidanceChargePoint sees third-quarter sales of $105.000 million to $115.000 million, versus the consensus estimate of $109.286 million.
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CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE:CHPT) (“ChargePoint” or the "Company"), a global leader in intelligent electrification and e-mobility, today reported its financial results for the second quarter of fiscal year 2027, which ended July 31, 2026.
“The second quarter was an exceptional quarter for ChargePoint as we exceeded the high end of our guidance, delivered record non-GAAP gross margin, and managed our cash with extreme rigor through continued operational discipline,” said Rick Wilmer, President and Chief Executive Officer of ChargePoint. “In the quarter, we began early access shipments of Express Solo, continued expansion of our partnership with Eaton, and fortified our leadership team in Europe with the appointment of John Saffrett as Executive Vice President and Managing Director to lead our growth strategy and market expansion across the continent. As we enter the second half of the year, we remain focused on driving profitable growth through innovation, operational excellence, and disciplined execution against our strategic plan.”
Second Quarter Fiscal 2027 Financial Overview
Revenue. Second quarter revenue was $116.1 million, up 18% from $98.6 million in the prior year’s same quarter. Networked charging systems revenue for the second quarter was $62.9 million, up 25% from $50.4 million in the prior year’s same quarter. Subscription revenue was $43.7 million, up 10% from $39.9 million in the prior year’s same quarter. Gross Margin. Second quarter GAAP gross margin was 36% as compared to 31% in the prior year's same quarter, and non-GAAP gross margin was 38% as compared to 33% in the prior year's same quarter. The current period GAAP and non-GAAP gross margins include a 4 percentage points benefit due to tariffs refunds. Operating Expenses. Second quarter GAAP operating expenses were $76.4 million, down 15% from $89.7 million in the prior year's same quarter. Non-GAAP operating expenses were $52.3 million, down 11% from $58.6 million in the prior year's same quarter. Net Income/Loss. Second quarter GAAP net loss was $35.6 million, down 46% from $66.2 million in the prior year's same quarter. Additionally, non-GAAP net loss was $9.2 million, down 72% from $33.0 million in the prior year's same quarter and non-GAAP adjusted EBITDA loss was $4.8 million, down 78% from $22.1 million in the prior year's same quarter. Liquidity. As of July 31, 2026, cash, cash equivalents and restricted cash on the balance sheet was $95.7 million. Shares Outstanding. As of July 31, 2026, ChargePoint had approximately 27 million shares of common stock outstanding. Business Highlights
ChargePoint appointed automotive industry veteran John Saffrett as Executive Vice President and Managing Director for Europe, overseeing sales, customer relationships, partnerships, and market expansion across the continent. ChargePoint extended its long-standing partnership with Mercedes-Benz with a new agreement that provides Mercedes-Benz business customers with comprehensive charging solutions for fleet operators in the UK and Germany. ChargePoint announced agreements with Optimus Energy Solutions, a leading U.S.-based charge point operator, and Onvo, a Pennsylvania-based travel plaza brand, that will collectively add hundreds of new charging ports in the eastern U.S. ChargePoint and Portland International Airport announced a new overhead fast charging deployment featuring retractable cable management that eliminates the traditional trade-offs between space, cost, and equipment durability, delivering a blueprint for airports worldwide. Third Quarter of Fiscal 2027 Guidance
For the third fiscal quarter ending October 31, 2026, ChargePoint expects revenue of $105 million to $115 million.
Conference Call Information
ChargePoint will host a conference call to review the Company’s financial results at 1:30 p.m. Pacific (4:30 p.m. Eastern time) today.
A live webcast of the conference call will be available at https://events.q4inc.com/attendee/486534852. Participants can also access the conference call by dialing +1 (833) 461 5787 (North America) or +1 585 542 9983 (International) and entering Conference ID 486 534 852. A recording will be available after the conclusion of the webcast and archived for one year on ChargePoint’s investor relations website. A copy of the press release with the financial results will be also available on ChargePoint’s investor relations website prior to the commencement of the webcast.
About ChargePoint Holdings, Inc.
ChargePoint has established itself as a global leader in intelligent electrification and e-mobility since its inception in 2007, long before EVs became widely available. The company provides comprehensive solutions tailored to the entire EV ecosystem, from the grid to the dashboard of the vehicle. The company serves EV drivers, charging station owners, vehicle manufacturers, and similar types of stakeholders. With a commitment to accessibility and reliability, ChargePoint’s extensive portfolio of software, hardware, and services ensures a seamless charging experience for drivers across North America and Europe. ChargePoint empowers every driver in need of charging access, connecting them to almost 1.5 million public and private charging ports worldwide. ChargePoint has facilitated the powering of more than 25 billion electric miles, underscoring its dedication to reducing greenhouse gas emissions and electrifying the future of transportation. For further information, please visit the ChargePoint pressroom or the ChargePoint Investor Relations site. For media inquiries, contact the ChargePoint press office.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties, and assumptions including statements regarding our projected revenue for the third quarter of fiscal year 2027. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: macroeconomic trends, such as changes in or sustained inflation, interest rate volatility, increased tariffs or other events beyond our control on the overall economy which may reduce demand for our products and services; geopolitical events and conflicts; adverse impacts to our business and those of our customers and suppliers, including due to supply chain disruptions, component shortages, and associated logistics expense increases; our ability as an organization to successfully acquire, integrate or partner with other companies, products or technologies in a successful manner such as our partnership efforts with Eaton Corporation; our dependence on widespread acceptance and adoption of EVs, including any delays or modifications to auto manufacturers' plans and strategies to transition to predominately manufacture EVs and any corresponding decreased demand for installation of charging stations; our current dependence on sales of charging stations for the majority of our revenues; overall demand for EV charging and the potential for reduced demand for EVs if governmental policies, rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of EVs or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; our ability, and our reliance on our customers, to successfully implement, construct and manage state, federal and local charging infrastructure programs in accordance with the respective terms of such program in order to validly secure and obtain awarded funding and win additional grant opportunities; our reliance on contract manufacturers, including those located outside the United States, may result in supply chain interruptions, delays and expense increases which may adversely affect our sales, revenue and gross margins; our ability to expand our operations and market share in Europe; the need to attract additional fleet operators as customers, especially autonomous EV fleets; potential adverse effects on our revenue and gross margins due to delays and costs associated with new product introductions, such as our new AC and Express DC fast charging product architectures, inventory obsolescence, component shortages and related expense increases; the ability or success of our new AC and Express DC fast charging product architectures to result in an increased demand for charging products by commercial, residential and fleet charging customers; adverse impact to our revenues and gross margins if customers increasingly claim clean energy credits and, as a result, they are no longer available to be claimed by us; the effects of competition; risks related to our dependence on our intellectual property; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on June 8, 2026, which is available on our website at investors.chargepoint.com and on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.
Use of Non-GAAP Financial Measures
ChargePoint has provided financial information in this press release that has not been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). ChargePoint uses these non-GAAP financial measures internally in analyzing its financial results. ChargePoint believes that the use of these non-GAAP financial measures is useful to investors to evaluate ongoing operating results and trends and believes they provide meaningful supplemental information to investors regarding ChargePoint’s underlying operating performance because they exclude items ChargePoint believes are unrelated to, and may not be indicative of, its core operating results.
The presentation of these non-GAAP financial measures is not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with ChargePoint’s condensed consolidated financial statements prepared in accordance with GAAP. A reconciliation of ChargePoint’s historical non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included in this press release, and investors are encouraged to review these reconciliations.
Non-GAAP Gross Profit (Gross Margin). ChargePoint defines non-GAAP gross profit as gross profit excluding stock-based compensation expense, amortization expense of acquired intangible assets and restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs. Non-GAAP gross margin is non-GAAP gross profit as a percentage of revenue.
Non-GAAP Cost of Revenue and Operating Expenses (includes Non-GAAP research and development, Non-GAAP sales and marketing and Non-GAAP general and administrative). ChargePoint defines non-GAAP cost of revenue and operating expenses as cost of revenue and operating expenses excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, and non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees.
Non-GAAP Net Loss. ChargePoint defines non-GAAP net loss as net loss excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, and non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees. These amounts reflect the impact of any related tax effects. Non-GAAP pre-tax net loss is non-GAAP net loss adjusted for provision for income taxes.
Non-GAAP Adjusted EBITDA Loss. ChargePoint defines non-GAAP adjusted EBITDA loss as net loss excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees, and further adjusted for provision of income taxes, depreciation, interest income and expense, and other income and (expense), net.
Investors are cautioned that there are a number of limitations associated with the use of non-GAAP financial measures to analyze financial results and trends. In particular, many of the adjustments to ChargePoint’s GAAP financial measures reflect the exclusion of items that are recurring and will be reflected in its financial results for the foreseeable future, such as stock-based compensation, which is an important part of ChargePoint’s employees’ compensation and impacts hiring, retention and performance. Furthermore, these non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP, and the components that ChargePoint excludes in its calculation of non-GAAP financial measures may differ from the components that other companies exclude when they report their non-GAAP results. In the future, ChargePoint may also exclude other expenses it determines do not reflect the performance of ChargePoint’s operating results.
CHPT-IR
ChargePoint Holdings, Inc.
PRELIMINARY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts; unaudited)
Three Months Ended
Six Months Ended
July 31,
July 31,
2026
2025
2026
2025
Revenue
Networked Charging Systems
$
62,917
$
50,421
$
116,224
$
102,480
Subscriptions
43,698
39,896
84,473
77,916
Other
9,460
8,273
17,197
15,834
Total revenue
116,075
98,590
217,894
196,230
Cost of revenue
Networked Charging Systems
49,495
46,492
98,449
95,130
Subscriptions
18,065
15,534
35,985
30,900
Other
6,213
5,836
11,536
11,486
Total cost of revenue
73,773
67,862
145,970
137,516
Gross profit
42,302
30,728
71,924
58,714
Operating expenses
Research and development
32,410
36,479
68,007
69,989
Sales and marketing
23,459
25,033
47,053
51,225
General and administrative
20,492
28,193
38,077
50,317
Total operating expenses
76,361
89,705
153,137
171,531
Loss from operations
(34,059
)
(58,977
)
(81,213
)
(112,817
)
Interest income
499
1,132
835
2,296
Interest expense
(279
)
(6,849
)
(553
)
(13,285
)
Other income (expense), net
(236
)
(323
)
4,860
2,290
Net loss before income taxes
(34,075
)
(65,017
)
(76,071
)
(121,516
)
Provision for income taxes
1,549
1,162
2,757
1,784
Net loss
$
(35,624
)
$
(66,179
)
$
(78,828
)
$
(123,300
)
Net loss per share, basic and diluted
$
(1.35
)
$
(2.85
)
$
(3.09
)
$
(5.32
)
Weighted average shares outstanding, basic and diluted
26,322,311
23,196,534
25,490,242
23,196,534
ChargePoint Holdings, Inc. PRELIMINARY CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, unaudited)
July 31, 2026
January 31, 2026
Assets
Current assets:
Cash and cash equivalents
$
95,330
$
141,564
Restricted cash
400
400
Accounts receivable, net
86,695
86,132
Inventories
179,468
214,903
Prepaid expenses and other current assets
24,457
19,028
Total current assets
386,350
462,027
Property and equipment, net
20,142
24,665
Intangible assets, net
52,742
60,534
Operating lease right-of-use assets
8,039
11,450
Goodwill
223,153
227,938
Other assets
5,244
5,631
Total assets
$
695,670
$
792,245
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable
$
80,351
$
90,094
Accrued and other current liabilities
139,810
141,723
Deferred revenue
122,245
119,381
Debt, current
17,476
32,371
Total current liabilities
359,882
383,569
Deferred revenue, noncurrent
126,310
131,200
Debt, noncurrent
219,462
228,480
Operating lease liabilities
8,376
10,677
Deferred tax liabilities
11,671
13,038
Other long-term liabilities
6,061
3,982
Total liabilities
731,762
770,946
Stockholders' equity (deficit):
Common stock
2
2
Additional paid-in capital
2,157,728
2,128,764
Accumulated other comprehensive income
(3,359
)
4,168
Accumulated deficit
(2,190,463
)
(2,111,635
)
Total stockholders' equity (deficit)
(36,092
)
21,299
Total liabilities and stockholders' equity (deficit)
$
695,670
$
792,245
ChargePoint Holdings, Inc.
PRELIMINARY CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands, unaudited)
Six Months Ended
July 31,
2026
2025
Cash flows from operating activities
Net loss
$
(78,828
)
$
(123,300
)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
12,440
13,854
Non-cash operating lease cost
1,650
1,784
Stock-based compensation
21,561
36,079
Amortization of deferred contract acquisition costs
1,558
1,687
Paid-in-kind non-cash interest expense
387 9,397
Foreign currency transaction (gain) loss
784 (3,922
)
Reserves and other
(9,195
)
4,281
Changes in operating assets and liabilities:
Accounts receivable, net
(1,784
)
2,636
Inventories
40,690
3,338
Prepaid expenses and other assets
(6,754
)
3,374
Accounts payable, operating lease liabilities, and accrued and other liabilities
(22,329
)
3,295
Deferred revenue
(971
)
8,377
Net cash used in operating activities
(40,791
)
(39,120
)
Cash flows from investing activities
Purchases of property and equipment
(2,105
)
(2,358
)
Net cash used in investing activities
(2,105
)
(2,358
)
Cash flows from financing activities
Repayment of borrowings
(9,625
)
—
Proceeds from the issuance of common stock under employee equity plans, net of tax withholding
365
1,251
Change in driver funds and amounts due to customers
6,794
6,838
Net cash (used in) provided by financing activities
(2,466
)
8,089
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
(872
)
2,941
Net decrease in cash, cash equivalents, and restricted cash
(46,234
)
(30,448
)
Cash, cash equivalents, and restricted cash at beginning of period
141,964
224,971
Cash, cash equivalents, and restricted cash at end of period
$
95,730
$
194,523
ChargePoint Holdings, Inc.
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(In thousands, unaudited)
Three Months
Ended July 31,
2026
Three Months
Ended July 31,
2025
Six
Months Ended
July 31,
2026
Six
Months Ended
July 31,
2025
Cost of Revenue:
GAAP cost of revenue (as a percentage of revenue)
$
73,773
64
%
$
67,862
69
%
$
145,970
67
%
$
137,516
70
%
Stock-based compensation expense
(871
)
(1,251
)
(1,862
)
(2,474
)
Amortization of intangible assets
(796
)
(796
)
(1,599
)
(1,562
)
Restructuring costs (1)
(624
)
—
(1,354
)
—
Non-GAAP cost of revenue (as a percentage of revenue)
$
71,482
62
%
$
65,815
67
%
$
141,155
65
%
$
133,480
68
%
Gross Profit:
GAAP gross profit (gross margin as a percentage of revenue)
$
42,302
36
%
$
30,728
31
%
$
71,924
33
%
$
58,714
30
%
Stock-based compensation expense
871
1,251
1,862
2,474
Amortization of intangible assets
796
796
1,599
1,562
Restructuring costs (1)
624
—
1,354
—
Non-GAAP gross profit (gross margin as a percentage of revenue)
$
44,593
38
%
$
32,775
33
%
$
76,739
35
%
$
62,750
32
%
Operating Expenses:
GAAP research and development (as a percentage of revenue)
$
32,410
28
%
$
36,479
37
%
$
68,007
31
%
$
69,989
36
%
Stock-based compensation expense
(5,027
)
(9,174
)
(10,459
)
(17,788
)
Restructuring costs (1)
(2,210
)
—
(6,332
)
—
Non-GAAP research and development (as a percentage of revenue)
$
25,173
22
%
$
27,305
28
%
$
51,216
24
%
$
52,201
27
%
GAAP sales and marketing (as a percentage of revenue)
$
23,459
20
%
$
25,033
25
%
$
47,053
22
%
$
51,225
26
%
Stock-based compensation expense
(1,770
)
(2,876
)
(3,652
)
(5,955
)
Amortization of intangible assets
(2,385
)
(2,382
)
(4,795
)
(4,657
)
Restructuring costs (1)
(1,509
)
—
(3,190
)
—
Non-GAAP sales and marketing (as a percentage of revenue)
$
17,795
15
%
$
19,775
20
%
$
35,416
16
%
$
40,613
21
%
GAAP general and administrative (as a percentage of revenue)
$
20,492
18
%
$
28,193
29
%
$
38,077
17
%
$
50,317
26
%
Stock-based compensation expense
(3,297
)
(4,915
)
(5,587
)
(9,862
)
Restructuring costs (1)
(2,057
)
—
(3,883
)
—
Other adjustments (2)
(5,835
)
(11,761
)
(8,526
)
(18,020
)
Non-GAAP general and administrative (as a percentage of revenue)
$
9,303
8
%
$
11,517
12
%
$
20,081
9
%
$
22,435
11
%
GAAP Operating Expenses (as a percentage of revenue)
$
76,361
66
%
$
89,705
91
%
$
153,137
70
%
$
171,531
87
%
Stock-based compensation expense
(10,094
)
(16,965
)
(19,698
)
(33,605
)
Amortization of intangible assets
(2,385
)
(2,382
)
(4,795
)
(4,657
)
Restructuring costs (1)
(5,776
)
—
(13,405
)
—
Other adjustments (2)
(5,835
)
(11,761
)
(8,526
)
(18,020
)
Non-GAAP Operating Expenses (as a percentage of revenue)
$
52,271
45
%
$
58,597
59
%
$
106,713
49
%
$
115,249
59
%
Net Loss:
GAAP net loss (as a percentage of revenue)
$
(35,624
)
(31
)%
$
(66,179
)
(67
)%
$
(78,828
)
(36
)%
$
(123,300
)
(63
)%
Stock-based compensation expense
10,965
18,216
21,560
36,079
Amortization of intangible assets
3,181
3,178
6,394
6,219
Restructuring costs (1)
6,400
—
14,759
—
Other adjustments (2)
5,835
11,761
8,526
18,020
Non-GAAP net loss (as a percentage of revenue)
$
(9,243
)
(8
)%
$
(33,024
)
(33
)%
$
(27,589
)
(13
)%
$
(62,982
)
(32
)%
Provision for income taxes
1,549
1,162
2,757
1,784
Non-GAAP pre-tax net loss (as a percentage of revenue)
$
(7,694
)
(7
)%
$
(31,862
)
(32
)%
$
(24,832
)
(11
)%
$
(61,198
)
(31
)%
Depreciation
2,926
3,748
6,045
7,635
Interest income
(499
)
(1,132
)
(835
)
(2,296
)
Interest expense
279
6,849
553
13,285
Other expense (income), net
236
323
(4,860
)
(2,290
)
Non-GAAP Adjusted EBITDA Loss (as a percentage of revenue)
ChargePoint's Comeback Story: Why This EV Stock Is Charging Up AgainChargePoint NYSE: CHPT reported second-quarter fiscal 2027 revenue of $116 million, exceeding its prior guidance range of $100 million to $110 million, as stronger hardware shipments and higher home charging sales lifted results. Revenue rose 14% sequentially and 18% from a year earlier, marking the company’s fourth consecutive quarter of year-over-year growth.
Chief Executive Officer Rick Wilmer said the quarter included record gross margins and “essentially zero cash burn,” while the company began shipping early-access units of its Express Solo DC charging product. The quarter ended July 31, 2026.
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Revenue Mix and Margin Improvement EVgo's 37% Revenue Growth: Forget the Car, Buy the Gas StationNetworked Charging Systems revenue totaled $63 million, representing 54% of total revenue and rising 25% year over year. Subscription revenue was $44 million, or 38% of revenue, up 10% from the prior-year period. Other revenue accounted for $9 million.
By billings vertical, commercial represented 69% of second-quarter billings, followed by fleet at 11%, residential at 10%, and other categories at 11%. North America contributed 82% of revenue, while Europe represented 18%.
ChargePoint Recalibrates: What’s Really Under the HoodNon-GAAP gross margin reached 38%, up seven percentage points sequentially and five points from a year ago. The result included about $4 million of tariff refunds recognized as a one-time reduction in cost of goods sold. Excluding that benefit, normalized non-GAAP gross margin was approximately 35%, still reflecting a three-percentage-point sequential improvement and a two-point year-over-year increase.
Chief Financial Officer Mansi Khetani said higher revenue helped improve fixed-cost absorption, while warranty, inbound freight and warehousing costs also improved. Sales of higher-margin AC products contributed to the quarter’s margin performance. ChargePoint expects gross margins to remain generally near normalized levels for the remainder of the fiscal year, though product mix could cause some variation.
Hardware gross margin was 21%, increasing 13 percentage points from the prior quarter. Subscription gross margin reached 59% on a GAAP basis.
Costs, Cash and Outlook Non-GAAP operating expenses declined to $52 million from $54 million in the first quarter and were down 11% from a year earlier. Khetani said a company-wide cost optimization initiative completed in late July is expected to reduce quarterly non-GAAP operating expenses to below $50 million for the rest of the year.
ChargePoint’s non-GAAP adjusted EBITDA loss narrowed to $5 million, compared with losses of $19 million in the previous quarter and $22 million in the year-earlier period. The company ended the quarter with $96 million in cash, unchanged from the first quarter.
Inventory declined to $179 million from $204 million, releasing working capital that helped fund operations. Khetani said ChargePoint expects inventory to continue falling during the year, which could support cash generation. She said the company could be positioned to generate positive cash flow later in the year, though she noted that cash flow remains subject to multiple variables.
For the third quarter of fiscal 2027, ChargePoint forecast revenue of $105 million to $115 million. The midpoint of that range would represent 4% year-over-year growth. Management said elevated North American home charging sales contributed to the second-quarter revenue beat but are not expected to recur in the third quarter, as those sales can be concentrated around large retail events.
Express Solo Ramp and Strategic Initiatives Wilmer said ChargePoint has started fulfilling backlog with early-access Express Solo units and expects production inventory to be available in its fiscal fourth quarter. The company said its Express architecture demonstrated charging above 600 kilowatts on a passenger vehicle, taking the vehicle from 10% to 80% charge in 11 minutes during a live demonstration at its headquarters.
The company expects Express to become a significant revenue driver as it scales entering fiscal 2028. Wilmer said the platform is intended for applications including highway corridors, autonomous-vehicle fleet depots and high-utilization charging sites. He also said additional variants of the Express architecture targeting different market segments are expected to enter production over the next year and a half.
ChargePoint said it has accounted for supply-chain conditions related to AI data-center construction, including higher memory prices and demand for silicon carbide modules. Wilmer said the company has supplier commitments that support the demand it currently expects.
The company also highlighted its partnership with Eaton, which includes jointly engineered products and go-to-market efforts. During the quarter, ChargePoint and Eaton began a collaboration with Santa Monica Department of Transportation for the agency’s planned transition to a zero-emission Big Blue Bus fleet by 2032. The project calls for 130 DC fast-charging ports featuring ChargePoint’s Express Plus equipment, alongside Eaton electrical infrastructure and energy-management offerings.
Network Growth and Customer Activity ChargePoint said software-only managed ports, which are third-party hardware ports managed through its software platform, increased to 138,750 from 135,000 in the prior quarter. Total managed ports rose to approximately 422,000 from 406,000, including more than 46,950 DC fast chargers and more than 150,000 ports in Europe.
Monthly active users increased to 1.55 million from 1.48 million at the end of April. Globally, ChargePoint drivers had access to nearly 1.5 million public and private charging ports.
During the quarter, ChargePoint cited expanded work with Mercedes-Benz for commercial fleet customers in the United Kingdom and Germany; an agreement with Optimus Energy Solutions to add more than 200 DC ports across the southeastern United States; and a planned deployment at 12 Onvo travel stops in the Northeast. The company also discussed airport, government and transit deployments, including charging infrastructure at Portland International Airport and additional fast-charging sites in Rhode Island.
Wilmer said ChargePoint is increasing its emphasis on Europe and appointed John Saffert as executive vice president and managing director of Europe. The company also said artificial intelligence initiatives are automating business processes, improving customer support and doubling software-engineering productivity, according to management.
About ChargePoint (NYSE:CHPT)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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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ChargePoint Holdings, Inc. (CHPT - Free Report) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.8. This compares to a loss of $1.42 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +56.25%. A quarter ago, it was expected that this company would post a loss of $1.11 per share when it actually produced a loss of $0.74, delivering a surprise of +33.33%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
ChargePoint, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $116.08 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 11.53%. This compares to year-ago revenues of $98.59 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
ChargePoint shares have lost about 20.2% since the beginning of the year versus the S&P 500's gain of 11.5%.
What's Next for ChargePoint?While ChargePoint has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for ChargePoint was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.66 on $107.79 million in revenues for the coming quarter and -$2.75 on $426.58 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the bottom 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, BRP Inc. (DOO - Free Report) , is yet to report results for the quarter ended July 2026. The results are expected to be released on September 3.
This company is expected to post quarterly loss of $0.46 per share in its upcoming report, which represents a year-over-year change of -168.7%. The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level.
BRP Inc.'s revenues are expected to be $1.45 billion, up 6.1% from the year-ago quarter.
ChargePoint Holdings, Inc. (CHPT) Q2 2027 Earnings Call September 2, 2026 4:30 PM EDT
Company Participants
Audrey Dion - Head of Investor Relations
Richard Wilmer - President, CEO & Director
Mansi Khetani - Chief Financial Officer
Conference Call Participants
Colin Rusch - Oppenheimer & Co. Inc., Research Division
Christopher Dendrinos - RBC Capital Markets, Research Division
Christopher Pierce - Needham & Company, LLC, Research Division
Itay Michaeli - TD Cowen, Research Division
Craig Irwin - ROTH Capital Partners, LLC, Research Division
Ryan Pfingst - B. Riley Securities, Inc., Research Division
Presentation
Operator
Hello, everyone. Thank you for joining us and welcome to the ChargePoint Second Quarter 2027 Earnings Call.
[Operator Instructions]
I will now hand the conference over to Audrey Dion, Head of Investor Relations. Audrey, please go ahead.
Audrey Dion
Head of Investor Relations
Good afternoon and thank you for joining us on today's conference call to discuss ChargePoint's second quarter fiscal 2027 earnings results. This call is being webcast and can be accessed on the Investor section of our website at investors.chargepoint.com. With me on today's call are Rick Wilmer, our Chief Executive Officer, and Mansi Khetani, our Chief Financial Officer.
This afternoon, we issued a press release announcing results for the quarter ended July 31, 2026, which can be found on our website. We'd like to remind you that during the conference call, management will make forward-looking statements, including our outlook for the third quarter of fiscal 2027. These forward-looking statements involve risks and uncertainties, many of which are beyond our control and could cause actual results to differ materially from our expectations.
These forward-looking statements apply as of today, and we undertake no obligation to update these statements after the call. For a more detailed description of certain factors that could cause actual results to differ, please refer to our Form 10-Q filed with
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a global leader in intelligent electrification and e-mobility, today announced the appointment of John Saffrett as Executive Vice President and Managing Director, Europe. In this role, Saffrett will be responsible for driving ChargePoint's growth strategy across European markets, overseeing sales, customer relationships, partnerships, and market expansion across the continent.
He has served as a member of the company’s Advisory Council since March 2026 and is a seasoned global mobility executive with more than 25 years of leadership experience across the automotive, fleet management, and financial services industries. As ChargePoint’s new EVP and MD, Europe, he will report directly to CEO Rick Wilmer.
“Europe is at the center of our growth ambitions, and John is the ideal leader to accelerate our momentum in this critical region," said Rick Wilmer, Chief Executive Officer of ChargePoint. "His deep experience in fleet management, digital transformation, and large-scale operations combined with his existing knowledge of ChargePoint as an Advisory Council member positions him to hit the ground running. We are thrilled to welcome John to the leadership team.”
Most recently, John Saffrett served as Global Deputy Chief Executive Officer of Ayvens, where he played a central role in integrating two of the world's largest fleet management companies into a single entity operating across more than 40 countries. Prior to that, he held successive leadership roles at ALD Automotive as Chief Operating Officer and Chief Administration Officer, overseeing sales, marketing, product development, innovation, and technology. Earlier in his career, he spent nearly a decade in senior IT and transformation roles.
“I am excited to take on this role at such a pivotal time for both ChargePoint and the European EV market," said John Saffrett, EVP and MD, Europe at ChargePoint. "Having worked closely with the ChargePoint team as an advisor, I have seen firsthand the strength of the company's people, technology, and platform. Europe's transition to electric mobility is committed and accelerating, and ChargePoint is uniquely positioned to lead that transition as a market leader in hardware, software, platforms and experience as the longest serving and one of the largest players in the world in this space. I am excited to be working with the team to help define what intelligent electrification means for our customers - Europe's fleets, businesses, and drivers - and being a responsible leader in driving the electric transition in Europe.”
The appointment underscores ChargePoint's strategic commitment to scaling its European presence. Europe's rapidly evolving regulatory landscape is creating significant demand for reliable, scalable EV charging solutions across the continent. ChargePoint continues to invest in its European operations. The company recently launched its Express Solo DC charger and announced strategic partnerships with OEMs such as Mercedes-Benz and Ford Pro.
ChargePoint and the ChargePoint logo are trademarks of ChargePoint, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.
About ChargePoint Holdings, Inc.
ChargePoint has established itself as a global leader in intelligent electrification and e-mobility since its inception in 2007, long before EVs became widely available. The company provides comprehensive solutions tailored to the entire EV ecosystem, from the grid to the dashboard of the vehicle. The company serves EV drivers, charging station owners, vehicle manufacturers, and similar types of stakeholders. With a commitment to accessibility and reliability, ChargePoint’s extensive portfolio of software, hardware, and services ensures a seamless charging experience for drivers across North America and Europe. ChargePoint empowers every driver in need of charging access, connecting them to over 1.4 million charging ports worldwide. ChargePoint has facilitated the powering of more than 21 billion electric miles, underscoring its dedication to reducing greenhouse gas emissions and electrifying the future of transportation.
For further information, please visit the ChargePoint pressroom or the ChargePoint Investor Relations site. For media inquiries, contact the ChargePoint press office.
ChargePoint Holdings, Inc. (CHPT - Free Report) closed the most recent trading day at $5.92, moving -5.28% from the previous trading session. This move lagged the S&P 500's daily loss of 0.28%. Elsewhere, the Dow gained 0.26%, while the tech-heavy Nasdaq lost 0.77%.
The company's stock has climbed by 22.07% in the past month, exceeding the Auto-Tires-Trucks sector's loss of 0.88% and the S&P 500's gain of 2.31%.
Market participants will be closely following the financial results of ChargePoint Holdings, Inc. in its upcoming release. The company plans to announce its earnings on September 2, 2026. The company is expected to report EPS of -$0.8, up 43.66% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $104.38 million, indicating a 5.88% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$2.75 per share and revenue of $426.19 million. These totals would mark changes of +39.96% and +3.64%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for ChargePoint Holdings, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. ChargePoint Holdings, Inc. is currently sporting a Zacks Rank of #3 (Hold).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 167, placing it within the bottom 33% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE: CHPT) (“ChargePoint” or the “Company”), a leading provider of EV charging solutions, today announced it will release financial results for the second quarter of fiscal year 2027, which ended July 31, 2026, on September 2, 2026. ChargePoint will host a conference call to review the Company's financial results at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) on the same day. A live webcast of the conference call will be availa.
PDX becomes a proving ground for the future of airport EV infrastructure deploying ChargePoint's overhead-mounted fast charging system to accelerate rental fleet electrification at scale
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a global leader in electric vehicle (EV) charging solutions, today announced a rapid EV charging deployment at Portland International Airport (PDX) - one that redefines how airports approach rental car electrification. The installation features an overhead charging system with retractable cable management that eliminates the traditional trade-offs between space, cost, and equipment durability, delivering a blueprint for airports worldwide.
Located in PDX's Quick Turnaround (QTA) Facility, the deployment includes 10 dual-port fast charging dispensers mounted overhead with retractable cable management, allowing up to 20 vehicles to be connected simultaneously. By moving charging infrastructure above the vehicles, the design reclaims valuable ground-level space, dramatically simplifies installation, and removes the risk of vehicular damage to equipment - challenges that have long slowed airport EV adoption. Rental car companies can now rapidly charge between rentals, improving fleet utilization and elevating the customer experience.
"Airports aren't just adopting electric mobility; they're reshaping it," said Rick Wilmer, CEO of ChargePoint. "As rental fleet operators add electric vehicles to their fleets, airports face the challenge of delivering reliable, high-power charging infrastructure at scale. The Port of Portland's investment at PDX demonstrates how fast charging can integrate into existing parking lots without sacrifices for equipment placement."
"Projects like PDX demonstrate how innovative charging infrastructure can support sustainability goals while delivering measurable business value," said Jeremiah Hartley, Airport Rental Car Manager, Portland International Airport. "The innovative overhead charging system enabled us to save on installation costs by limiting the conduit and wiring needed and helps protect against potential damage caused by vehicles in the QTA."
The deployment also leverages ChargePoint's powerful fleet software, giving operators real-time visibility and control across complex rental car fleets from remote monitoring and streamlined troubleshooting to intelligent charging management that adapts to operational demands. The combination of high-power charging technology, space and cost-efficient design, and software intelligence positions PDX to establish a scalable model that airports around the world can follow.
ChargePoint and the ChargePoint logo are trademarks of ChargePoint, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.
About ChargePoint Holdings, Inc.
ChargePoint has established itself as the leader in electric vehicle (EV) charging innovation since its inception in 2007, long before EVs became widely available. The company provides comprehensive solutions tailored to the entire EV ecosystem, from the grid to the dashboard of the vehicle. The company serves EV drivers, charging station owners, vehicle manufacturers, and similar types of stakeholders. With a commitment to accessibility and reliability, ChargePoint’s extensive portfolio of software, hardware, and services ensures a seamless charging experience for drivers across North America and Europe. ChargePoint empowers every driver in need of charging access, connecting them to over 1.4 million public and private charging ports worldwide. ChargePoint has facilitated the powering of more than 21 billion electric miles, underscoring its dedication to reducing greenhouse gas emissions and electrifying the future of transportation. For further information, please visit the ChargePoint pressroom or the ChargePoint Investor Relations site. For media inquiries, contact the ChargePoint press office.
ChargePoint Holdings, Inc. (CHPT - Free Report) closed the most recent trading day at $5.88, moving -4.85% from the previous trading session. This change lagged the S&P 500's daily loss of 0.52%. On the other hand, the Dow registered a loss of 0.51%, and the technology-centric Nasdaq decreased by 0.32%.
Shares of the company witnessed a gain of 9.77% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 6.96%, and the S&P 500's gain of 3.3%.
The upcoming earnings release of ChargePoint Holdings, Inc. will be of great interest to investors. In that report, analysts expect ChargePoint Holdings, Inc. to post earnings of -$0.8 per share. This would mark year-over-year growth of 43.66%. Meanwhile, our latest consensus estimate is calling for revenue of $104.38 million, up 5.88% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$2.75 per share and a revenue of $426.19 million, representing changes of +39.96% and +3.64%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for ChargePoint Holdings, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, ChargePoint Holdings, Inc. is carrying a Zacks Rank of #3 (Hold).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 166, putting it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
In the latest close session, ChargePoint Holdings, Inc. (CHPT - Free Report) was down 1.61% at $6.12. The stock fell short of the S&P 500, which registered a loss of 0.06% for the day. At the same time, the Dow lost 0.11%, and the tech-heavy Nasdaq lost 0.32%.
Prior to today's trading, shares of the company had gained 3.84% outpaced the Auto-Tires-Trucks sector's loss of 10.07% and the S&P 500's gain of 3.42%.
Investors will be eagerly watching for the performance of ChargePoint Holdings, Inc. in its upcoming earnings disclosure. The company is expected to report EPS of -$0.8, up 43.66% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $104.38 million, showing a 5.88% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of -$2.75 per share and a revenue of $426.19 million, demonstrating changes of +39.96% and +5.55%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for ChargePoint Holdings, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. ChargePoint Holdings, Inc. is currently a Zacks Rank #2 (Buy).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 172, positioning it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a global leader in electric vehicle (EV) charging solutions, today announced an extended partnership with Mercedes-Benz to deliver comprehensive charging solutions for fleet operators in the UK and Germany. The partnership provides Mercedes-Benz business customers with a fully integrated charging solution, from initial site planning through to installation, operation and ongoing service. Designed for businesses and fleets of all sizes.
ChargePoint Holdings, Inc. (CHPT - Free Report) closed at $5.52 in the latest trading session, marking a +1.1% move from the prior day. This move lagged the S&P 500's daily gain of 1.48%. Meanwhile, the Dow gained 1.32%, and the Nasdaq, a tech-heavy index, added 2.13%.
The company's stock has dropped by 8.39% in the past month, exceeding the Auto-Tires-Trucks sector's loss of 16.02% and lagging the S&P 500's gain of 0.19%.
The investment community will be closely monitoring the performance of ChargePoint Holdings, Inc. in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be -$0.8, reflecting a 43.66% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $104.38 million, up 5.88% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$2.75 per share and a revenue of $426.19 million, signifying shifts of +39.96% and +3.64%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for ChargePoint Holdings, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. ChargePoint Holdings, Inc. presently features a Zacks Rank of #2 (Buy).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 173, this industry ranks in the bottom 30% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
In the latest close session, ChargePoint Holdings, Inc. (CHPT - Free Report) was down 1.29% at $5.34. The stock fell short of the S&P 500, which registered a gain of 0.21% for the day. Elsewhere, the Dow gained 1.03%, while the tech-heavy Nasdaq lost 0.22%.
The company's stock has dropped by 11.31% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 8.85% and the S&P 500's gain of 1.7%.
The investment community will be paying close attention to the earnings performance of ChargePoint Holdings, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.8, reflecting a 43.66% increase from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $104.38 million, indicating a 5.88% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$2.75 per share and a revenue of $426.19 million, representing changes of +39.96% and +3.64%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for ChargePoint Holdings, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. ChargePoint Holdings, Inc. is currently sporting a Zacks Rank of #2 (Buy).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 152, finds itself in the bottom 39% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
In the latest trading session, ChargePoint Holdings, Inc. (CHPT - Free Report) closed at $5.83, marking a +1.57% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.14%. Meanwhile, the Dow lost 0.01%, and the Nasdaq, a tech-heavy index, lost 0.57%.
The stock of company has fallen by 15.46% in the past month, lagging the Auto-Tires-Trucks sector's loss of 4.03% and the S&P 500's gain of 0.25%.
The investment community will be paying close attention to the earnings performance of ChargePoint Holdings, Inc. in its upcoming release. In that report, analysts expect ChargePoint Holdings, Inc. to post earnings of -$0.8 per share. This would mark year-over-year growth of 43.66%. Meanwhile, our latest consensus estimate is calling for revenue of $104.38 million, up 5.88% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$2.75 per share and revenue of $426.19 million, indicating changes of +39.96% and +3.64%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for ChargePoint Holdings, Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, ChargePoint Holdings, Inc. boasts a Zacks Rank of #2 (Buy).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 159, finds itself in the bottom 36% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
