ChargePoint Holdings (CHPT) AI Stock Analysis

• Market Cap: $234.93M
• Dividend Yield: N/A
• Average Volume (3M): 575.02K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.06
• Revenue Growth: -9.95%
• EPS Growth: 39.66%
• Country: US
• Employees: 1,395
• Sector: Consumer Cyclical
• Sector Strength: 81
• Industry: Specialty Retail
• EPS (TTM): -2.85
• Shares Outstanding: 23,353,260
• 10 Day Avg. Volume: 590,835
• 30 Day Avg. Volume: 575,021
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.45
• Enterprise Value/Revenue: 0.86
• Enterprise Value/Gross Profit: 3.10
• Enterprise Value/Ebitda: -1.70
• 1Y Price Target: $12.40
• Price Target Upside: 19.58% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 12

• Rating: 40 Underperform
• Price Target: $9.50 ▼(-8.39% Downside)

ChargePoint Holdings' overall stock score is primarily impacted by its weak financial performance and concerning valuation. The company faces significant financial challenges, with declining revenues, high leverage, and negative cash flows. Technical analysis indicates bearish momentum, further weighing on the score. Although the earnings call provided some positive insights, such as gross margin improvements and European market growth, these are overshadowed by ongoing losses and market uncertainties.

Positive Factors

Gross Margin Improvement

Improved gross margins indicate better cost management and pricing power, enhancing profitability potential over the long term.

European Market Growth

Strong growth in the European EV market suggests increasing demand for charging infrastructure, supporting ChargePoint's expansion.

Cash Management Success

Effective cash management enhances financial stability, providing resources for strategic investments and operations.

Negative Factors

High Leverage

High leverage increases financial risk, potentially limiting flexibility and increasing vulnerability to economic downturns.

Declining Revenue

Declining revenue trends can indicate weakening demand or competitive pressures, challenging long-term growth prospects.

Delayed EBITDA Breakeven

Delayed profitability milestones may strain resources and investor confidence, impacting future strategic initiatives.

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. The company was founded in 2007 and is headquartered in Campbell, California.

How the Company Makes Money

ChargePoint generates revenue primarily through the sale and installation of its charging stations, subscription services for its software platform, and transaction fees from charging sessions. Its revenue model includes several key components: first, the direct sale of hardware, such as Level 2 and DC fast chargers, to both commercial and residential customers; second, recurring subscription fees from businesses utilizing ChargePoint's software solutions to manage their charging networks; and third, transaction fees collected when EV drivers use ChargePoint charging stations. Additionally, ChargePoint has secured significant partnerships with various automotive manufacturers, municipalities, and fleet operators, which further enhance its market reach and revenue potential.

ChargePoint Holdings Financial Statement Overview

Summary

ChargePoint Holdings faces ongoing financial challenges with declining revenues, negative profit margins, and high leverage. While there are some improvements in cash flow efficiency and gross profit, the company must address its operational losses and strengthen its balance sheet to improve financial health and stability.

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	397.73M	417.08M	506.64M	468.09M	242.34M	146.49M
Gross Profit	110.20M	100.68M	30.12M	85.93M	53.53M	32.95M
EBITDA	-200.93M	-218.85M	-412.87M	-312.79M	-117.21M	-183.49M
Net Income	-259.69M	-277.07M	-457.61M	-344.46M	-132.57M	-197.02M
Balance Sheet
Total Assets	870.25M	898.17M	1.10B	1.08B	861.83M	290.12M
Cash, Cash Equivalents and Short-Term Investments	194.12M	224.57M	327.41M	369.13M	315.24M	145.49M
Total Debt	322.59M	312.36M	301.05M	316.78M	25.37M	59.75M
Total Liabilities	799.54M	760.70M	775.69M	724.32M	315.14M	290.94M
Stockholders Equity	70.72M	137.47M	327.68M	355.64M	546.68M	-824.00K
Cash Flow
Free Cash Flow	-79.49M	-159.02M	-348.37M	-285.61M	-173.59M	-103.33M
Operating Cash Flow	-72.36M	-146.95M	-328.94M	-267.05M	-157.18M	-91.85M
Investing Cash Flow	-7.13M	-12.07M	85.58M	-126.15M	-221.74M	35.53M
Financing Cash Flow	29.70M	28.54M	306.52M	372.86M	549.69M	128.91M

ChargePoint Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.37
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: 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 10.37 is below the 20-day moving average (MA) of 11.11, below the 50-day MA of 11.48, and below the 200-day MA of 15.28, indicating a bearish trend. The MACD of -0.36 indicates Positive momentum. The RSI at 42.99 is Neutral, neither overbought nor oversold. The STOCH value of 37.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CHPT.

ChargePoint Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.08B	12.82	-2.51%	3.03%	1.45%	-15.68%
EVGO	59 Neutral	$1.21B	―	19.14%	―	49.06%	1.30%
NAAS	46 Neutral	$2.77M	―		―	-13.78%	38.11%
CHPT	40 Underperform	$234.93M	―	-176.08%	―	-9.95%	39.66%
NVVE	40 Underperform	$4.88M	―	-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.