FMP

FMP

ChargePoint Holdings, Inc. (NYSE:CHPT) Maintains Sector Perform Rating Amidst Financial Growth

  • RBC Capital maintains a "Sector Perform" rating for ChargePoint Holdings, Inc. (NYSE:CHPT), with a revised price target from $10 to $9.
  • ChargePoint reports a revenue of $105.67 million for the quarter ending in October 2025, surpassing the Zacks Consensus Estimate.
  • The company's earnings per share (EPS) improved to -$1.32, exceeding consensus estimates and indicating financial health progress.

ChargePoint Holdings, Inc. (NYSE:CHPT) is a leading entity in the electric vehicle (EV) charging network sector, offering a wide array of charging solutions across commercial, fleet, and residential segments. It faces competition from other EV charging solution providers like Tesla and Blink Charging.

On December 5, 2025, RBC Capital reiterated its "Sector Perform" rating for ChargePoint, suggesting investors to maintain their positions in the stock, then priced at $8.52. Additionally, RBC Capital revised its price target for ChargePoint downwards from $10 to $9, indicating a cautious stance on the stock's short-term prospects.

ChargePoint's financial performance in the recent quarter ending in October 2025 showcased positive trends. The company announced a revenue of $105.67 million, marking a 6.1% increase year-over-year and exceeding the Zacks Consensus Estimate of $96.46 million by 9.55%. This performance underscores ChargePoint's capability to outperform market expectations.

The company's earnings per share (EPS) for the same quarter was -$1.32, showing improvement from the -$2.00 reported in the previous year. This EPS also surpassed the consensus estimate of -$1.35, resulting in an EPS surprise of 2.22%. These figures highlight ChargePoint's ongoing efforts to enhance its financial health, despite the negative EPS.

As of now, ChargePoint's stock stands at $8.52, reflecting a 2.04% increase with a change of $0.17. The stock has experienced fluctuations between $8.22 and $8.69 on the day. Over the past year, it reached a high of $29.60 and a low of $7.30. With a market capitalization of approximately $199 million and a trading volume of 726,119 shares, ChargePoint continues to be a significant contender in the EV charging industry.