In the latest trading session, 4.69 million ChargePoint Holdings Inc (NYSE:CHPT) shares changed hands as the company’s beta touched 1.82. With the company’s most recent per share price at $0.70 changed hands at -$0.06 or -8.39% at last look, the market valuation stands at $308.00M. CHPT’s current price is a discount, trading about -248.57% off its 52-week high of $2.44. The share price had its 52-week low at $0.66, which suggests the last value was 5.71% up since then.
Analysts gave the ChargePoint Holdings Inc (CHPT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.07. If we narrow down to specifics, the data shows that 0 out of 15 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended CHPT as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight. ChargePoint Holdings Inc’s EPS for the current quarter is expected to be -0.08.
ChargePoint Holdings Inc (NYSE:CHPT) trade information
Instantly CHPT was in red as seen in intraday trades today. With action -14.53%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -34.93%, with the 5-day performance at -14.53% in the red. However, in the 30-day time frame, ChargePoint Holdings Inc (NYSE:CHPT) is -26.13% down.
The consensus price target for the stock as assigned by Wall Street analysts is 2, meaning bulls need an upside of 65.0% from its recent market value. According to analyst projections, CHPT’s forecast low is 1.25 with 4 as the target high. To hit the forecast high, the stock’s price needs a -471.43% plunge from its current level, while the stock would need to soar -78.57% for it to hit the projected low.
ChargePoint Holdings Inc (CHPT) estimates and forecasts
Year-over-year growth is forecast to reach -17.85% down from the last financial year.
Consensus estimates given by 13 financial analysts project the company’s revenue in the current quarter to hit an average of 100.99M. 7 analysts are of the opinion that ChargePoint Holdings Inc’s revenue for the current quarter will be 102.06M. The company’s revenue for the corresponding quarters a year ago was 115.83M and 107.04M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -12.82%. The estimates for the next quarter sales put growth at -4.65%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -149.12%. The 2025 estimates are for ChargePoint Holdings Inc earnings to increase by 46.87%, but the outlook for the next 5-year period is at 41.72% per year.
ChargePoint Holdings Inc (NYSE:CHPT)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 8.9503% or 37.89 million shares worth $57.21 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 12.61 shares estimated at $8.57 million under it, the former controlled 2.85% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.43% of the shares, roughly 10.73 shares worth around $7.3 million.
