ChargePoint (CHPT) to Release Earnings on Wednesday

ChargePoint (NYSE:CHPT) is projected to release its Q1 2026 earnings data before the market opens on Wednesday, June 4th. Analysts expect ChargePoint to post earnings of ($0.05) per share for the quarter. ChargePoint has set its Q1 2026 guidance at EPS.

ChargePoint (NYSE:CHPT) last announced its earnings results on Tuesday, March 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01). The firm had revenue of $101.89 million during the quarter, compared to analysts’ expectations of $100.99 million. ChargePoint had a negative net margin of 72.62% and a negative return on equity of 106.28%. On average, analysts expect ChargePoint to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ChargePoint Stock Up 1.2%

Shares of NYSE CHPT opened at $0.73 on Wednesday. The firm has a market cap of $335.63 million, a price-to-earnings ratio of -0.99 and a beta of 2.22. The company has a quick ratio of 1.24, a current ratio of 1.94 and a debt-to-equity ratio of 1.65. ChargePoint has a 52-week low of $0.51 and a 52-week high of $2.44. The business’s 50 day moving average is $0.63 and its two-hundred day moving average is $0.87.

Institutional Investors Weigh In On ChargePoint

Several large investors have recently bought and sold shares of CHPT. Goldman Sachs Group Inc. increased its holdings in shares of ChargePoint by 61.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,790,823 shares of the company’s stock valued at $2,293,000 after acquiring an additional 1,448,114 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of ChargePoint by 6,429.1% in the 1st quarter. AQR Capital Management LLC now owns 2,679,217 shares of the company’s stock valued at $1,553,000 after acquiring an additional 2,638,182 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of ChargePoint by 2,885.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 461,771 shares of the company’s stock valued at $279,000 after acquiring an additional 446,302 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of ChargePoint by 14.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 283,924 shares of the company’s stock valued at $172,000 after acquiring an additional 36,097 shares during the last quarter. Finally, Focus Partners Wealth purchased a new position in shares of ChargePoint in the 1st quarter valued at about $27,000. Hedge funds and other institutional investors own 37.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CHPT. Evercore ISI lowered ChargePoint from an “outperform” rating to an “in-line” rating and cut their target price for the company from $4.00 to $1.00 in a research report on Monday, March 31st. Needham & Company LLC reaffirmed a “hold” rating on shares of ChargePoint in a research report on Wednesday, March 5th. The Goldman Sachs Group reduced their price objective on ChargePoint from $0.75 to $0.50 and set a “sell” rating on the stock in a research note on Thursday, April 10th. Stifel Nicolaus lowered their target price on ChargePoint from $2.00 to $1.00 and set a “hold” rating for the company in a research note on Monday, March 10th. Finally, UBS Group cut their price target on ChargePoint from $0.70 to $0.65 and set a “neutral” rating on the stock in a report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, ChargePoint currently has a consensus rating of “Hold” and an average price target of $1.52.

About ChargePoint

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.