In the last trading session, 23.03 million shares of the ChargePoint Holdings Inc (NYSE:CHPT) were traded, and its beta was 1.84. Most recently the company’s share price was $0.60, and it changed around -$0.07 or -10.27% from the last close, which brings the market valuation of the company to $264.29M. CHPT currently trades at a discount to its 52-week high of $2.44, offering almost -306.67% off that amount. The share price’s 52-week low was $0.56, which indicates that the current value has risen by an impressive 6.67% since then.
ChargePoint Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.07. If we narrow it down even further, the data shows that 0 out of 17 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 12 recommended CHPT as a Hold, whereas 3 deemed it a Buy, and 2 rated it as Underweight. ChargePoint Holdings Inc is expected to report earnings per share of -0.08 for the current quarter.
ChargePoint Holdings Inc (NYSE:CHPT) trade information
Instantly CHPT has showed a red trend with a performance of -10.27% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.6840 on recent trading dayincreased the stock’s daily price by 12.28%. The company’s shares are currently down -44.16% year-to-date, but still down -7.38% over the last five days. On the other hand, ChargePoint Holdings Inc (NYSE:CHPT) is -40.84% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to increase their stock price by 70.0% from its current value. Analyst projections state that CHPT is forecast to be at a low of $1.25 and a high of $4.
ChargePoint Holdings Inc (CHPT) estimates and forecasts
The year-over-year growth rate is expected to be -17.85%, down from the previous year.
Consensus estimates provided by 13 financial analysts predict the company will bring in an average of 100.99M in revenue for the current quarter. 7 analysts expect ChargePoint Holdings Inc to make 102.06M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 115.83M and 107.04M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -12.82%. Forecasts for the next quarter put sales growth at -4.65%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -149.12%. ChargePoint Holdings Inc earnings are expected to increase by 46.87% in 2025, but the outlook is positive 41.72% per year for the next five years.
CHPT Dividends
ChargePoint Holdings Inc’s next quarterly earnings report is expected to be released in April.
VANGUARD GROUP INC, with 8.9503% or 37.89 million shares worth $57.21 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
