ChargePoint Holdings (CHPT)
NYSE:CHPT
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ChargePoint Holdings
(NYSE:CHPT)
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Rating:45Neutral
Price Target:
$5.00
▼(-2.15% Downside)
Action:ReiteratedDate:03/05/26
The score is held down primarily by weak financial performance (ongoing large losses, negative free cash flow, and elevated leverage versus a thin equity base). Earnings-call trends are improving (better margins and cash discipline), but technicals still point to a broader downtrend and valuation support is limited due to continued losses and no dividend.
Positive Factors
Improving gross and subscription margins
Significant gross margin expansion and very high subscription margins indicate materially improved unit economics and a higher-quality revenue mix. Durable margin gains in recurring software services can drive operating leverage over time as installed base and utilization scale.
Negative Factors
Persistent adjusted EBITDA losses
Ongoing adjusted EBITDA losses show the business has not yet reached self-sustaining operations. Continued operating losses require external capital or margin improvement to fund growth, limiting long-term financial flexibility until structural profitability is achieved.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving gross and subscription margins
Significant gross margin expansion and very high subscription margins indicate materially improved unit economics and a higher-quality revenue mix. Durable margin gains in recurring software services can drive operating leverage over time as installed base and utilization scale.
Read all positive factors
ChargePoint Holdings (CHPT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$124.77M
Dividend YieldN/A
Average Volume (3M)443.53K
Price to Earnings (P/E)―
Beta (1Y)1.96
Revenue Growth-6.32%
EPS Growth28.82%
CountryUS
Employees1,395
SectorConsumer Cyclical
Sector Strength84
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-1.85
Shares Outstanding24,416,237
10 Day Avg. Volume436,966
30 Day Avg. Volume443,528
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)6.58
Price to Sales (P/S)0.34
P/FCF Ratio-2.09
Enterprise Value/Market Cap2.04
Enterprise Value/Revenue0.62
Enterprise Value/Gross Profit2.03
Enterprise Value/Ebitda-1.42
Forecast
1Y Price Target
$6.14Price Target Upside20.16% Upside
Rating ConsensusHold
Number of Analyst Covering8
EPS Forecast (FY)-7.11
Revenue Forecast (FY)$422.64M
ChargePoint Holdings Business Overview & Revenue Model
Company Description
ChargePoint Holdings, Inc. provides electric vehicle (EV) charging networks and charging solutions in the United States and internationally. It offers a portfolio of hardware, software, and services for commercial, fleet, and residential customers...
How the Company Makes Money
ChargePoint primarily generates revenue by selling EV charging hardware and by providing subscription-based cloud software and support services tied to its networked chargers. Hardware revenue comes from charging stations and related equipment sol...
ChargePoint Holdings Key Performance Indicators (KPIs)
Any
Revenue by Segment
Highlights the revenue generated from different business segments, shedding light on which areas are driving growth and where the company might be focusing its strategic efforts.
Highlights the revenue generated from different business segments, shedding light on which areas are driving growth and where the company might be focusing its strategic efforts.
Data provided by:
The Fly
The FlyChargePoint Holdings Earnings Call Summary
Earnings Call Date:Mar 04, 2026
(Q4-2026)
| % Change Since: |
Next Earnings Date:May 28, 2026
Earnings Call Sentiment Positive
The call emphasized multiple operational and financial improvements—Q4 revenue growth, record non-GAAP gross margins, very strong subscription margins, meaningful operational reliability gains, and improved cash usage—alongside clear product and partnership catalysts (new hardware ramps, AI deployment, strategic alliances in Europe). Lowlights were largely near-term and structural: the company remains EBITDA negative (non-GAAP adjusted EBITDA loss of $18M), Q1 guidance reflects seasonality with potential sequential softness, elevated inventory and working capital timing risk, and balance sheet complexity from a recent debt exchange. On balance, positive trends in revenue, margins, user and utilization growth, operational metrics, and cash improvement outweigh the near-term challenges and path-to-profitability risks.Positive Updates
Q4 Revenue at High End of Guidance; Continued YoY Growth
Revenue for Q4 was $109.0M (at the high end of guidance), up 3% sequentially and up 7% year-over-year, and full fiscal 2026 revenue was $411M.
Negative Updates
Adjusted EBITDA Loss and Continued Unprofitability
Non-GAAP adjusted EBITDA loss was $18M in Q4 (improved slightly from a $19M loss in the prior quarter and $17M in the year-ago quarter), indicating the company is not yet EBITDA positive.
Read all updates
Q4-2026 Updates
Positive
Negative
Q4 Revenue at High End of Guidance; Continued YoY Growth
Revenue for Q4 was $109.0M (at the high end of guidance), up 3% sequentially and up 7% year-over-year, and full fiscal 2026 revenue was $411M.
Read all positive updates
Company Guidance
ChargePoint guided first-quarter fiscal 2027 revenue of $90 million to $100 million (noting typical Q1 seasonality of a ~5%–15% decline versus Q4), after reporting Q4 revenue of $109 million (high end of guidance, +3% sequential, +7% year‑over‑year) and full‑year FY26 revenue of $411 million; Q4 non‑GAAP gross margin was a record 33% (FY26 non‑GAAP gross margin 32%) with subscription gross margin at a GAAP record of 64%, non‑GAAP operating expenses of $58 million in Q4 ($231 million for FY26), and a non‑GAAP adjusted EBITDA loss of $18 million (vs. $19 million prior quarter); cash ended Q4 at $142 million after a $40 million debt payment (FY26 net cash usage excluding that payment was $43 million vs. $133 million prior year), inventory was $215 million, and management expects near‑term non‑GAAP OpEx to remain in its current range while gross margin and revenue improvement ramp later in the year as new hardware and software products scale—backed by KPIs like 1.48 million monthly active users (+8% YoY), ~385,000 managed ports (including >41,000 DC and >130,000 in Europe), nearly 130,000 software‑only managed ports (~30% of ports), >100,000 AC ports recording >30% utilization at least one day in January, station outages below 1%, first‑time‑right deployments >95%, and CSAT scores ≥8.5/10.ChargePoint Holdings Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
38
Negative
Cash Flow
22
Negative
| Breakdown | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 411.22M | 417.08M | 506.64M | 468.09M | 242.34M |
| Gross Profit | 125.60M | 100.68M | 30.12M | 85.93M | 53.53M |
| EBITDA | -179.78M | -218.85M | -412.87M | -312.79M | -117.21M |
| Net Income | -220.20M | -277.07M | -457.61M | -344.46M | -132.57M |
Balance Sheet | |||||
| Total Assets | 792.25M | 898.17M | 1.10B | 1.08B | 861.83M |
| Cash, Cash Equivalents and Short-Term Investments | 141.96M | 224.57M | 327.41M | 369.13M | 315.24M |
| Total Debt | 271.53M | 312.36M | 301.05M | 316.78M | 25.37M |
| Total Liabilities | 770.95M | 760.70M | 775.69M | 724.32M | 315.14M |
| Stockholders Equity | 21.30M | 137.47M | 327.68M | 355.64M | 546.68M |
Cash Flow | |||||
| Free Cash Flow | -67.00M | -159.02M | -348.37M | -285.61M | -173.59M |
| Operating Cash Flow | -62.84M | -146.95M | -328.94M | -267.05M | -157.18M |
| Investing Cash Flow | -4.17M | -12.07M | 85.58M | -126.15M | -221.74M |
| Financing Cash Flow | -20.00M | 28.54M | 306.52M | 372.86M | 549.69M |
ChargePoint Holdings Technical Analysis
Negative
5.11
Price Trends
5.71
Negative
6.71
Negative
9.10
Negative
Market Momentum
-0.28
Negative
45.12
Neutral
49.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CHPT, the sentiment is Negative. The current price of 5.11 is below the 20-day moving average (MA) of 5.14, below the 50-day MA of 5.71, and below the 200-day MA of 9.10, indicating a bearish trend. The MACD of -0.28 indicates Negative momentum. The RSI at 45.12 is Neutral, neither overbought nor oversold. The STOCH value of 49.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CHPT.
ChargePoint Holdings Risk Analysis
ChargePoint Holdings disclosed 65 risk factors in its most recent earnings report. ChargePoint Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
ChargePoint Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
49 Neutral | $597.99M | -9.34 | 53.80% | ― | 39.21% | 9.08% | |
47 Neutral | $84.90M | -0.87 | -104.05% | ― | -23.14% | 14.29% | |
46 Neutral | $2.03M | 0.73 | ― | ― | -13.78% | 38.67% | |
45 Neutral | $124.77M | -0.64 | -353.75% | ― | -6.32% | 28.82% | |
44 Neutral | $2.76M | -0.03 | -3734.39% | ― | -9.58% | 86.27% |
* Consumer Cyclical Sector Average
CHPT
ChargePoint Holdings
5.11
-6.82
-57.17%
BLNK
Blink Charging Co
0.59
-0.17
-21.87%
NAAS
NaaS Technology
2.36
-6.06
-71.97%
NVVE
Nuvve Holding
0.52
-36.89
-98.61%
EVGO
EVgo
1.91
-0.68
-26.25%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.