ChargePoint Holdings (CHPT) AI Stock Analysis

• Market Cap: $264.62M
• Dividend Yield: N/A
• Average Volume (3M): 823.36K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.15
• Revenue Growth: -15.71%
• EPS Growth: 47.94%
• Country: US
• Employees: 1,395
• Sector: Consumer Cyclical
• Sector Strength: 66
• Industry: Specialty Retail
• EPS (TTM): -2.40
• Shares Outstanding: 23,355,946
• 10 Day Avg. Volume: 559,543
• 30 Day Avg. Volume: 823,359
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.56
• Enterprise Value/Revenue: 1.01
• Enterprise Value/Gross Profit: 3.92
• Enterprise Value/Ebitda: -2.01
• 1Y Price Target: $18.42
• Price Target Upside: 56.10% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9

• Rating: 48 Neutral
• Price Target: $11.50 ▼(-2.54% Downside)

ChargePoint Holdings' overall stock score is primarily impacted by its financial performance, which shows significant challenges with declining revenues and high leverage. While the earnings call provided some positive insights into strategic partnerships and market expansion, the technical analysis and valuation metrics indicate bearish momentum and unattractive valuation, respectively. The company's ability to capitalize on EV market trends and improve its financial health will be crucial for future performance.

Positive Factors

Cash management

Cash burn benefited considerably from working capital and operating expenses improvements.

Financial management

CHPT is controlling what they can control, rightsizing the business for potentially trough revenue levels given recent results and 1Q guidance, posting better than expected gross margins and OPEX controls.

Partnerships

CHPT is set to leverage their recently announced partnership with Eaton, an industrial power management company, as a growth tailwind.

Negative Factors

Investor sentiment

Muted investor sentiment and unlikely market recovery suggest further downside potential for ChargePoint.

Regulatory challenges

The trajectory of a return to growth is uncertain with regulatory headwinds likely flattening EV adoption in the US.

Revenue stagnation

CHPT revenues have been flattish for three consecutive quarters, indicating potential stagnation.

ChargePoint Holdings Business Overview & Revenue Model

Company Description

ChargePoint Holdings, Inc. is a leading electric vehicle (EV) infrastructure company based in the United States. It operates one of the largest networks of independently owned EV charging stations across North America and Europe. The company provides a comprehensive suite of hardware and software solutions designed to facilitate the adoption of electric vehicles, including charging stations for residential, commercial, and fleet applications. ChargePoint's offerings are tailored to meet the needs of various sectors such as retail, hospitality, and municipal, contributing to the global transition towards sustainable transportation.

How the Company Makes Money

ChargePoint makes money primarily through the sale of its EV charging hardware and networked software solutions. The company's revenue streams include the sale of charging stations to businesses and property owners, who then provide charging services to EV drivers. Additionally, ChargePoint generates recurring revenue from network subscriptions, which allow customers to access its cloud-based software and services for station management, driver support, and data analytics. The company also benefits from partnerships with automotive manufacturers, real estate developers, and local governments, which help to expand its charging network and increase utilization. Revenue is further supported by grants and incentives aimed at promoting clean energy and EV adoption.

ChargePoint Holdings Financial Statement Overview

Summary

ChargePoint Holdings faces ongoing financial challenges with declining revenues, negative profit margins, and high leverage. Improvements in cash flow efficiency and gross profit are noted, but operational losses and balance sheet weaknesses remain concerns.

Income Statement

ChargePoint Holdings has shown a decrease in revenue over the TTM (Trailing-Twelve-Months), with a decline from $417.08M to $407.68M, indicating a revenue growth rate of -2.25%. The gross profit margin is relatively low at 25.77% for TTM, suggesting challenges in cost management or competitive pricing. The net profit margin remains negative at -64.36%, reflecting ongoing operational losses. Despite these challenges, the company shows improvement in gross profit compared to previous years.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 2.72, indicating significant leverage which could pose financial risk. The return on equity (ROE) is negative at -221.24%, highlighting inefficiencies in generating returns on shareholders' equity. The equity ratio stands at 13.21%, illustrating a low proportion of equity financing relative to total assets, which may affect financial stability.

Cash Flow

Cash flow analysis shows a negative free cash flow, with a slight improvement in free cash flow growth rate from -$159.02M to -$127.04M, representing a 20.10% improvement. The operating cash flow to net income ratio is positive at 0.45, suggesting some efficiency in converting net income into cash flow. However, the negative free cash flow to net income ratio indicates challenges in generating sufficient free cash flow relative to net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	407.68M	417.08M	506.64M	468.09M	242.34M	146.49M
Gross Profit	105.06M	100.68M	30.12M	85.93M	53.53M	32.95M
EBITDA	-204.65M	-218.85M	-412.87M	-312.79M	-117.21M	-183.49M
Net Income	-262.39M	-277.07M	-457.61M	-344.46M	-132.57M	-197.02M
Balance Sheet
Total Assets	897.61M	898.17M	1.10B	1.08B	861.83M	290.12M
Cash, Cash Equivalents and Short-Term Investments	195.95M	224.57M	327.41M	369.13M	315.24M	145.49M
Total Debt	322.20M	312.36M	301.05M	316.78M	25.37M	59.75M
Total Liabilities	779.02M	760.70M	775.69M	724.32M	315.14M	290.94M
Stockholders Equity	118.59M	137.47M	327.68M	355.64M	546.68M	-824.00K
Cash Flow
Free Cash Flow	-127.04M	-159.02M	-348.37M	-285.61M	-173.59M	-103.33M
Operating Cash Flow	-117.37M	-146.95M	-328.94M	-267.05M	-157.18M	-91.85M
Investing Cash Flow	-9.66M	-12.07M	85.58M	-126.15M	-221.74M	35.53M
Financing Cash Flow	29.93M	28.54M	306.52M	372.86M	549.69M	128.91M

ChargePoint Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CHPT, the sentiment is Positive. The current price of 11.8 is above the 20-day moving average (MA) of 10.70, below the 50-day MA of 12.45, and below the 200-day MA of 16.17, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 51.79 is Neutral, neither overbought nor oversold. The STOCH value of 49.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CHPT.

ChargePoint Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	AU$3.22B	26.38	24.23%	4.43%	2.43%	-23.41%
EVGO	51 Neutral	$1.25B	―	19.14%	―	49.06%	1.30%
CHPT	48 Neutral	$264.62M	―	-135.29%	―	-15.71%	47.94%
NAAS	40 Underperform	$2.67M	―		―	-13.78%	38.11%
NVVE	39 Underperform	$9.85M	―	-1026.66%	―	-15.24%	92.60%

ChargePoint Holdings Corporate Events

ChargePoint Implements Reverse Stock Split

On July 28, 2025, ChargePoint Holdings, Inc. implemented a one-for-twenty reverse stock split of its common stock, following approval from its stockholders and the Nominating and Corporate Governance Committee. This corporate action adjusted the number of shares and related financial instruments proportionately, with trading on the New York Stock Exchange continuing under the symbol ‘CHPT’ but with a new CUSIP number. The reverse stock split aims to consolidate shares and potentially enhance the stock’s marketability and value, impacting shareholders by rounding down fractional shares and providing cash payments in lieu of them.

ChargePoint Holdings Approves Reverse Stock Split

On July 7, 2025, ChargePoint Holdings announced the resignation of Rebecca Chavez, its Chief Legal Officer and Corporate Secretary, effective July 25, 2025. The company held its 2025 Annual Meeting of Stockholders on July 8, 2025, where several proposals were voted on, including the election of directors and a reverse stock split. The reverse stock split, approved at a ratio of 1-for-20, aims to increase the market price of the company’s stock to meet NYSE listing requirements, following a notice of non-compliance received in February 2025. The stock split will take effect on July 28, 2025, reducing the number of outstanding shares significantly while maintaining shareholder ownership percentages.