ChargePoint's initial investing thesis was easy to believe in, but are current challenges changing that? ChargePoint (CHPT 10.22%) was an easy company to root for and invest in amid the powerful, early hype surrounding electric vehicles (EV). As far as investing theses went, it had a rather simple one: The world needed EV charging infrastructure badly, and ChargePoint was one of few leaders with its network of 30,000 charging spots. However, that investment thesis has been incredibly slow to play out for Ch ...

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The EV charging-network builder faces existential challenges. ChargePoint (CHPT -2.29%), the leading builder of electric-vehicle (EV) charging stations in North America and Europe, posted its latest earnings report on Sept. 4. For the second quarter of fiscal 2025, which ended on July 31, the company's revenue declined 28% year over year to $108.5 million and missed analysts' estimates by $4.5 million. However, it still narrowed its net loss from $125.3 million to $68.9 million, or $0.16 per share, which ma ...

Or can the stock rebound? The past year has not been a good one for ChargePoint (CHPT -2.29%) and it only got worse after the electric vehicle (EV) charging solutions company reported weak fiscal second-quarter results and moved back its profitability forecast. With things looking dour for the company, let's take a closer look at its results and see if the stock is heading to $1 or if a rebound is in sight. Declining revenue Declining revenue has been a big issue for ChargePoint recently, with the company s ...

The charging network operator tumbled on its recent earnings report. Can the stock bounce back? ChargePoint (CHPT -5.75%) has long been struggling with a weakening electric vehicle (EV) market, and the charging network operator just dove on its latest earnings report. Revenue fell 28% to $108.5 million for the second quarter of fiscal 2025, ended July 31, with a 44% decline in its networked charging systems segment to $64.1 million. However, its subscription revenue business rose 21% to $36.2 million. Charg ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 001-39004 ChargePoint Holdings, Inc. (Exact name of registrant as specified in its charter) Del ...

ChargePoint is reorganizing. Is it too little, too late? ChargePoint Holdings (CHPT -17.75%) provided its quarterly update this week, and it disappointed investors. That, along with the bigger picture of electric vehicle (EV) sales, has investors dumping ChargePoint stock. As of Thursday afternoon trading, ChargePoint stock had tumbled by 25% this week, according to data provided by S&P Global Market Intelligence. That drove the stock near its 2024 lows and down nearly 40% year to date. ChargePoint revenue ...

The EV charging company's guidance disappoints, but is this an opportunity to buy the stock? ChargePoint Holdings (CHPT -18.34%) stock slumped this morning, plunging 23.1% at its lowest point in trading through 11:20 a.m. ET Thursday. ChargePoint operates the largest electric vehicle (EV) charging network in the U.S., but demand has failed to keep up with the company's expectations. The evidence lies in ChargePoint's latest quarterly numbers, released yesterday. Although ChargePoint's net loss shrank in the ...

ChargePoint Holdings Inc CHPT shares tanked in early trading on Thursday, after the company reported downbeat second-quarter sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On ChargePoint Holdings Analyst Christopher Dendrinos maintained a Sector Perform rating while reducing the price target from $3.00 to $2.50. ChargePoint delivered a revenue miss, although its gross margins were better than expected, driven by "improved ha ...

ChargePoint Holdings, Inc. (CHPT) , a provider of electric vehicle charging networks, plans to slash its headcount by 15% amid declining revenues. In the second quarter of fiscal 2025, the company's revenues fell 28% to $108.5 million from $150.5 million in the corresponding quarter of fiscal 2024. Networked charging systems revenues dropped 44% year over year to $64.1 million, while subscription revenues grew 21% year over year to $36.2 million. In the second quarter of fiscal 2025, GAAP and non-GAAP gross ...