Roth Capital analyst Craig Irwin lowered the firm’s price target on ChargePoint (CHPT) to $11 from $15 and keeps a Neutral rating on the shares ahead of its Q2 results. The company made continued progress lowering frictional costs during Q2, where a revenue inflection into the end of the fiscal year is essential to drive improved profitability, the analyst tells investors in a research note. The firm adds however that the company’s $300M convertible notes due April 1, 2027 are a focus given a low valuation and challenges returning to growth.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHPT:
- Options Volatility and Implied Earnings Moves This Week, September 02 – September 04, 2025
- Chargepoint Holdings, Inc. (CHPT) Q2 Earnings Cheat Sheet
- Is ChargePoint (CHPT) a Good Stock to Buy before Earnings?
- Largest borrow rate increases among liquid names
- JPMorgan establishes ChargePoint price target after stock split