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

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

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

ChargePoint Stock Up 5.3 %

CHPT opened at $0.74 on Friday. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.94 and a quick ratio of 1.24. The business has a 50 day simple moving average of $0.91 and a 200-day simple moving average of $1.19. The stock has a market capitalization of $325.12 million, a P/E ratio of -0.99 and a beta of 1.85. ChargePoint has a 12 month low of $0.56 and a 12 month high of $2.44.

ChargePoint (NYSE:CHPT) last posted its quarterly 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 business had revenue of $101.89 million during the quarter, compared to analyst estimates of $100.99 million. ChargePoint had a negative net margin of 72.62% and a negative return on equity of 106.28%.

Institutional Investors Weigh In On ChargePoint

A number of hedge funds and other institutional investors have recently made changes to their positions in CHPT. Perennial Advisors LLC purchased a new stake in shares of ChargePoint in the fourth quarter valued at $26,000. Brevan Howard Capital Management LP purchased a new stake in shares of ChargePoint in the fourth quarter valued at $27,000. Cibc World Markets Corp purchased a new stake in shares of ChargePoint in the fourth quarter valued at $40,000. Callan Family Office LLC purchased a new stake in shares of ChargePoint in the fourth quarter valued at $45,000. Finally, Strategic Investment Advisors MI purchased a new stake in shares of ChargePoint in the fourth quarter valued at $46,000. Hedge funds and other institutional investors own 37.77% of the company’s stock.

Insiders Place Their Bets

In other ChargePoint news, CAO Henrik Gerdes sold 28,536 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $1.14, for a total transaction of $32,531.04. Following the completion of the transaction, the chief accounting officer now owns 362,060 shares of the company’s stock, valued at approximately $412,748.40. This trade represents a 7.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Mansi Khetani sold 22,038 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $1.14, for a total value of $25,123.32. Following the transaction, the chief financial officer now directly owns 1,230,305 shares of the company’s stock, valued at $1,402,547.70. The trade was a 1.76 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 87,148 shares of company stock valued at $99,349. Corporate insiders own 3.50% of the company’s stock.

About ChargePoint

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.