ChargePoint (NYSE:CHPT) Issues Quarterly Earnings Results, Misses Expectations By $0.01 EPS

ChargePoint (NYSE:CHPT) announced its quarterly earnings data on Tuesday. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.01), Zacks reports. The firm had revenue of $101.89 million for the quarter, compared to the consensus estimate of $100.99 million. ChargePoint had a negative net margin of 72.62% and a negative return on equity of 106.28%. ChargePoint updated its Q1 2026 guidance to EPS.

ChargePoint Stock Performance

Shares of NYSE:CHPT opened at $0.72 on Thursday. The company has a current ratio of 1.94, a quick ratio of 1.24 and a debt-to-equity ratio of 1.65. The company has a market capitalization of $319.81 million, a price-to-earnings ratio of -0.98 and a beta of 1.85. ChargePoint has a 12 month low of $0.56 and a 12 month high of $2.44. The firm’s 50-day moving average is $0.93 and its 200 day moving average is $1.20.

Insider Buying and Selling at ChargePoint

In related news, CAO Henrik Gerdes sold 28,536 shares of the firm’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $1.14, for a total value of $32,531.04. Following the transaction, the chief accounting officer now owns 362,060 shares of the company’s stock, valued at $412,748.40. This trade represents a 7.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jagdeep Ca Singh sold 36,574 shares of the company’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $1.14, for a total transaction of $41,694.36. Following the completion of the transaction, the insider now owns 1,161,430 shares in the company, valued at $1,324,030.20. This represents a 3.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 87,148 shares of company stock worth $99,349 over the last 90 days. Company insiders own 3.50% of the company’s stock.

Analysts Set New Price Targets

CHPT has been the subject of several research analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of ChargePoint in a research report on Wednesday. Benchmark reaffirmed a “buy” rating and set a $3.00 price objective on shares of ChargePoint in a report on Wednesday, November 20th. Royal Bank of Canada dropped their price objective on shares of ChargePoint from $2.50 to $2.00 and set a “sector perform” rating for the company in a report on Thursday, December 5th. UBS Group reduced their target price on ChargePoint from $1.50 to $1.30 and set a “neutral” rating on the stock in a report on Tuesday, December 10th. Finally, The Goldman Sachs Group dropped their price target on ChargePoint from $1.00 to $0.75 and set a “sell” rating for the company in a research note on Thursday, February 20th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $2.41.

ChargePoint Company Profile

ChargePoint Holdings, Inc, together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers.