B. Riley Predicts ChargePoint’s Q2 Earnings (NYSE:CHPT)

ChargePoint Holdings, Inc. (NYSE:CHPT) – Investment analysts at B. Riley dropped their Q2 2026 earnings per share estimates for ChargePoint in a report released on Wednesday, July 30th. B. Riley analyst R. Pfingst now expects that the company will post earnings of ($2.21) per share for the quarter, down from their previous forecast of ($2.20). The consensus estimate for ChargePoint’s current full-year earnings is ($0.57) per share. B. Riley also issued estimates for ChargePoint’s Q3 2026 earnings at ($2.16) EPS, Q4 2026 earnings at ($1.95) EPS, FY2026 earnings at ($8.43) EPS and FY2027 earnings at ($7.46) EPS.

Several other research firms have also recently issued reports on CHPT. TD Cowen raised ChargePoint to a “hold” rating in a report on Monday, July 7th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $20.00 price target on shares of ChargePoint in a report on Thursday, June 5th. UBS Group dropped their price target on ChargePoint from $14.00 to $13.00 and set a “neutral” rating on the stock in a report on Thursday, April 17th. Needham & Company LLC reaffirmed a “hold” rating on shares of ChargePoint in a report on Thursday, June 5th. Finally, The Goldman Sachs Group dropped their price target on ChargePoint from $15.00 to $10.00 and set a “sell” rating on the stock in a report on Thursday, April 10th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $27.88.

ChargePoint Price Performance

NYSE CHPT opened at $9.45 on Friday. The stock has a market capitalization of $216.50 million, a P/E ratio of -0.79 and a beta of 2.23. ChargePoint has a 1 year low of $8.55 and a 1 year high of $40.00. The business’s fifty day moving average is $13.59 and its two-hundred day moving average is $14.08. The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.12 and a current ratio of 1.82.

ChargePoint (NYSE:CHPT) last announced its earnings results on Wednesday, June 4th. The company reported ($2.00) EPS for the quarter, missing the consensus estimate of ($1.00) by ($1.00). The firm had revenue of $97.64 million for the quarter, compared to the consensus estimate of $100.43 million. ChargePoint had a negative return on equity of 131.65% and a negative net margin of 65.79%. During the same period in the previous year, the firm earned ($2.20) EPS.

Hedge Funds Weigh In On ChargePoint

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Perennial Advisors LLC purchased a new position in ChargePoint during the 4th quarter worth approximately $26,000. 111 Capital purchased a new position in ChargePoint during the 4th quarter worth approximately $26,000. Brevan Howard Capital Management LP purchased a new position in ChargePoint during the 4th quarter worth approximately $27,000. International Assets Investment Management LLC purchased a new position in shares of ChargePoint during the 2nd quarter valued at $27,000. Finally, Trueblood Wealth Management LLC grew its holdings in shares of ChargePoint by 100.0% during the 2nd quarter. Trueblood Wealth Management LLC now owns 40,000 shares of the company’s stock valued at $28,000 after acquiring an additional 20,000 shares in the last quarter. 37.77% of the stock is currently owned by hedge funds and other institutional investors.

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.