B. Riley Predicts ChargePoint’s FY2026 Earnings (NYSE:CHPT)

ChargePoint Holdings, Inc. (NYSE:CHPT) – B. Riley issued their FY2026 earnings estimates for shares of ChargePoint in a report released on Tuesday, March 4th. B. Riley analyst R. Pfingst expects that the company will post earnings of ($0.42) per share for the year. The consensus estimate for ChargePoint’s current full-year earnings is ($0.57) per share.

ChargePoint (NYSE:CHPT) last announced its earnings results on Tuesday, March 4th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.01). The company had revenue of $101.89 million for the quarter, compared to the consensus estimate of $100.99 million. ChargePoint had a negative return on equity of 106.28% and a negative net margin of 72.62%.

Other analysts also recently issued research reports about the stock. Royal Bank of Canada cut 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 cut their price objective on shares of ChargePoint from $1.50 to $1.30 and set a “neutral” rating for the company in a report on Tuesday, December 10th. The Goldman Sachs Group cut their price objective on shares of ChargePoint from $1.00 to $0.75 and set a “sell” rating for the company in a report on Thursday, February 20th. Needham & Company LLC reissued a “hold” rating on shares of ChargePoint in a report on Wednesday. Finally, Benchmark reissued a “buy” rating and issued a $3.00 price objective on shares of ChargePoint in a report on Wednesday, November 20th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $2.13.

ChargePoint Stock Performance

Shares of CHPT stock opened at $0.74 on Friday. The company has a market capitalization of $325.12 million, a price-to-earnings ratio of -0.99 and a beta of 1.85. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.24 and a current ratio of 1.94. The company has a 50-day simple moving average of $0.92 and a 200 day simple moving average of $1.20. ChargePoint has a 52 week low of $0.56 and a 52 week high of $2.44.

Hedge Funds Weigh In On ChargePoint

A number of hedge funds have recently bought and sold shares of the company. Jeppson Wealth Management LLC raised its stake in ChargePoint by 28.3% during the third quarter. Jeppson Wealth Management LLC now owns 42,940 shares of the company’s stock worth $59,000 after buying an additional 9,480 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in ChargePoint by 5.7% in the third quarter. JPMorgan Chase & Co. now owns 177,375 shares of the company’s stock worth $243,000 after purchasing an additional 9,519 shares during the period. Creative Planning grew its holdings in ChargePoint by 8.8% in the third quarter. Creative Planning now owns 205,008 shares of the company’s stock worth $281,000 after purchasing an additional 16,645 shares during the period. Jones Financial Companies Lllp grew its holdings in ChargePoint by 61.1% in the fourth quarter. Jones Financial Companies Lllp now owns 45,021 shares of the company’s stock worth $48,000 after purchasing an additional 17,075 shares during the period. Finally, Swiss National Bank grew its holdings in ChargePoint by 2.2% in the fourth quarter. Swiss National Bank now owns 806,400 shares of the company’s stock worth $863,000 after purchasing an additional 17,600 shares during the period. Institutional investors own 37.77% of the company’s stock.

Insider Buying and Selling

In other news, CFO Mansi Khetani sold 22,038 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $1.14, for a total transaction of $25,123.32. Following the completion of the transaction, the chief financial officer now owns 1,230,305 shares of the company’s stock, valued at approximately $1,402,547.70. This trade represents a 1.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jagdeep Ca Singh sold 36,574 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $1.14, for a total transaction of $41,694.36. Following the transaction, the insider now directly owns 1,161,430 shares of the company’s stock, valued at $1,324,030.20. The trade was a 3.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 87,148 shares of company stock worth $99,349 in the last three months. 3.50% of the stock is owned by corporate insiders.

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.