In the last trading session, 6.69 million ChargePoint Holdings Inc (NYSE:CHPT) shares changed hands as the company’s beta touched 2.24. With the company’s per share price at $0.70 changed hands at $0.0 or -0.04% during last session, the market valuation stood at $321.58M. CHPT’s last price was a discount, traded about -248.57% off its 52-week high of $2.44. The share price had its 52-week low at $0.51, which suggests the last value was 27.14% 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 -0.06.
ChargePoint Holdings Inc (NYSE:CHPT) trade information
Instantly CHPT was in red as seen at the end of in last trading. With action 0.39%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -34.90%, with the 5-day performance at 0.39% in the green. However, in the 30-day time frame, ChargePoint Holdings Inc (NYSE:CHPT) is 20.62% up.
The consensus price target for the stock as assigned by Wall Street analysts is 1.75, meaning bulls need an upside of 60.0% from its current market value. According to analyst projections, CHPT’s forecast low is 1.5 with 2 as the target high. To hit the forecast high, the stock’s price needs a -185.71% plunge from its current level, while the stock would need to soar -114.29% for it to hit the projected low.
ChargePoint Holdings Inc (CHPT) estimates and forecasts
Year-over-year growth is forecast to reach 10.13% up from the last financial year.
Consensus estimates given by 11 financial analysts project the company’s revenue in the current quarter to hit an average of 100.62M. 11 analysts are of the opinion that ChargePoint Holdings Inc’s revenue for the current quarter will be 109.04M. The company’s revenue for the corresponding quarters a year ago was 107.04M and 108.54M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -6.00%. The estimates for the next quarter sales put growth at 0.46%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 39.72%. The 2025 estimates are for ChargePoint Holdings Inc earnings to increase by 34.62%, but the outlook for the next 5-year period is at 42.40% per year.
CHPT Dividends
ChargePoint Holdings Inc is expected to release its next quarterly earnings report in June.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 8.8615% or 37.89 million shares worth $57.21 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 12.62 shares estimated at $8.79 million under it, the former controlled 2.76% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.35% of the shares, roughly 10.78 shares worth around $7.51 million.
