1 Wall Street Analyst Thinks ChargePoint Is Going to $2. Is It a Buy Around $1.30?
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 64.1 million. However, its subscription revenue business rose 21% to $36.2 million. Charg ...