ChargePoint Holdings Inc (NYSE: CHPT) Stock: Will It Be A Game-Changer?

In today’s recent session, 2.9 million shares of the ChargePoint Holdings Inc (NYSE:CHPT) have been traded, and its beta is 1.70. Most recently the company’s share price was $1.39, and it changed around -$0.03 or -1.76% from the last close, which brings the market valuation of the company to $593.29M. CHPT at last check was trading at a discount to its 52-week high of $9.23, offering almost -564.03% off that amount. The share price’s 52-week low was $1.21, which indicates that the recent value has risen by an impressive 12.95% since then. We note from ChargePoint Holdings Inc’s average daily trading volume that its 3-month average coming to 12.99 million.

ChargePoint Holdings Inc (NYSE:CHPT) trade information

Instantly CHPT has been showing red trend so far today with a performance of -1.76% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -40.38% year-to-date, but still down -17.46% over the last five days. On the other hand, ChargePoint Holdings Inc (NYSE:CHPT) is -22.50% down in the 30-day period.

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The consensus price target as assigned by Wall Street analysts is $15.64, which translates to bulls needing to increase their stock price by 91.11% from its current value. Analyst projections state that CHPT is forecast to be at a low of $2 and a high of $46.

ChargePoint Holdings Inc (CHPT) estimates and forecasts

ChargePoint Holdings Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -43.75 percent over the past six months and at a 60.76% annual growth rate that is well above the industry average of 11.50%. The year-over-year growth rate is expected to be 2.20%, up from the previous year.

Consensus estimates provided by 15 financial analysts predict the company will bring in an average of 113.61M in revenue for the current quarter. 15 analysts expect ChargePoint Holdings Inc to make 136.03M in revenue for the current ending quarter.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -149.12%.

CHPT Dividends

ChargePoint Holdings Inc’s next quarterly earnings report is expected to be released in July.