Education
About Us
Working with TipRanks
Follow Us
ChargePoint Holdings (CHPT)
NYSE:CHPT
Top Page
ChargePoint Holdings
(NYSE:CHPT)
Select Model
Select Model
Rating:44Neutral
Price Target:
$5.50
▼(-8.49% Downside)
Action:ReiteratedDate:01/23/26
The score is held down primarily by weak financial performance (ongoing losses and negative operating/free cash flow) and bearish technicals (below key moving averages with negative MACD). Offsetting this, the earnings call was relatively positive with a revenue beat, record margin performance, improved cash burn, and debt restructuring progress, while valuation remains constrained by lack of profitability and no dividend support.
Positive Factors
Network scale and installed base
A large installed base creates durable network effects and platform stickiness: operators and drivers rely on ChargePoint’s ecosystem, supporting recurring network fees and upsell of software/subscription services. This scale underpins long-term revenue diversification and competitive positioning.
Improving gross and subscription margins
Sustained margin improvement—higher gross margins and very high subscription margins—signals operating leverage and a shift toward high-margin recurring revenue. This structural margin profile improves cash conversion potential and makes profitability more achievable as revenue scales.
Debt reduction and extended maturities
Meaningful balance-sheet repair via note exchanges reduces near-term refinancing risk and improves liquidity. Extended maturities and reduced headline debt provide financial flexibility to invest in product R&D, Europe expansion, and scale operations without immediate debt pressure.
Negative Factors
Negative operating and free cash flow
Persistent negative operating and free cash flow constrains the company’s ability to self-fund growth and capex. Over the medium term this increases reliance on external financing or debt exchanges, raising execution risk if capital markets tighten or dilution occurs.
Persistent net losses and negative ROE
Ongoing negative net profit and EBIT margins, plus negative ROE, indicate the business has not yet converted revenue or margin gains into sustainable profitability. This undermines internal capital generation and lengthens the timeline to self-sustaining operations.
Inventory build and adjusted EBITDA losses
Elevated inventory ties up cash and suggests execution or demand timing mismatches; combined with recurring adjusted EBITDA losses, this pressures liquidity and efficiency metrics. Inventory reduction and consistent EBITDA improvement are required for healthier cash conversion.
ChargePoint Holdings (CHPT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$140.74M
Dividend YieldN/A
Average Volume (3M)495.78K
Price to Earnings (P/E)―
Beta (1Y)1.94
Revenue Growth-6.32%
EPS Growth28.82%
CountryUS
Employees1,395
SectorConsumer Cyclical
Sector Strength84
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-2.23
Shares Outstanding23,653,090
10 Day Avg. Volume418,810
30 Day Avg. Volume495,779
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)3.03
Price to Sales (P/S)1.00
P/FCF Ratio-2.62
Enterprise Value/Market Cap2.18
Enterprise Value/Revenue0.76
Enterprise Value/Gross Profit2.56
Enterprise Value/Ebitda-1.72
Forecast
1Y Price Target
$8.42Price Target Upside40.04% Upside
Rating ConsensusHold
Number of Analyst Covering8
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ChargePoint Holdings Business Overview & Revenue Model
Company DescriptionChargePoint 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 MoneyChargePoint generates revenue through several key streams. Primarily, it earns money from the sale and installation of its EV charging stations to businesses, fleet operators, and residential customers. The company also generates recurring revenue through subscription services that offer fleet management and charging station software solutions. Another significant revenue stream comes from network fees charged to station operators who use ChargePoint's platform for transaction processing and customer support. Additionally, ChargePoint has formed strategic partnerships with various automakers, utilities, and municipalities, which not only enhance its market presence but also contribute to its revenue through joint ventures and collaborative projects aimed at expanding EV infrastructure.
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:Dec 04, 2025
(Q3-2026)
| % Change Since: |
Next Earnings Date:Mar 04, 2026
Earnings Call Sentiment Positive
The earnings call reflected a strong positive outlook driven by exceeding revenue expectations, successful financial restructuring, and promising growth opportunities in Europe and new product lines. However, challenges remain in inventory management and achieving profitability.Q3-2026 Updates
Positive Updates
Exceeded Revenue Expectations
Revenue for the third quarter reached $106 million, surpassing the high end of the guidance range of $90 million to $100 million, marking a 7% sequential increase and a 6% year-on-year increase.
Record High Non-GAAP Gross Margin
Non-GAAP gross margin remained at a record high of 33%, indicating strong operational efficiency.
Successful Debt Exchange Reducing Financial Burden
Completed a debt exchange reducing total debt by $172 million and extending maturity to 2030, captured at a 33% discount, thus strengthening the financial foundation.
Strong Subscription Revenue Growth
Subscription revenue was $42 million, 40% of total revenue, up 15% year on year.
European Market Opportunities
Revenue opportunities in Europe are robust and accelerating, driven by favorable regulatory support and rapid EV adoption.
Innovative Product Line Launches
Launched new DC product line, ChargePoint Express powered by Eaton, offering significant cost savings and reduced operational costs.
Strong Partnership Developments
Enhanced partnerships with the city of New York and BMW North America, expanding EV infrastructure and destination charging stations.
Negative Updates
Inventory Management Challenges
Inventory balance remained stable at $212 million with expected gradual reduction, indicating potential challenges in inventory management.
Continued Adjusted EBITDA Loss
Non-GAAP adjusted EBITDA loss was $19 million, showing ongoing challenges in reaching profitability.
Company Guidance
During ChargePoint Holdings, Inc.'s third quarter fiscal year 2026 earnings call, the company provided substantial guidance, highlighting various financial metrics and strategic initiatives. ChargePoint reported revenues of $106 million, surpassing the top end of their guidance and marking a 7% sequential increase and a 6% year-on-year growth. The non-GAAP gross margin reached a record high of 33%, with subscription margins climbing to 63% on a GAAP basis. The company used $14 million in cash, reducing cash burn from previous quarters. ChargePoint also completed a debt exchange, reducing outstanding debt by $172 million and extending maturity to 2030, capturing a 33% discount. The company's strategic focus includes ongoing innovation in hardware and software, exemplified by new product lines such as the ChargePoint Express, which promises significant cost savings. ChargePoint's expansion in Europe, bolstered by regulatory support and infrastructure investments, positions it for robust growth in the second half of 2026. The company manages approximately 375,000 ports globally, including over 39,000 DC fast chargers. These developments underscore ChargePoint's commitment to advancing e-mobility and capturing market share.ChargePoint Holdings Financial Statement Overview
Summary
Financials remain weak overall: profitability is still negative (net profit/EBIT margins and ROE), and cash flow is pressured with negative operating and free cash flow. Positives include revenue growth, improving gross margin, and reduced leverage, but they have not yet translated into sustainable earnings or cash generation.Income Statement
ChargePoint Holdings shows a mixed performance in its income statement. The company has experienced revenue growth in the TTM period, but profitability remains a concern with negative net profit and EBIT margins. The gross profit margin has improved over time, indicating some operational efficiency gains. However, the persistent negative net profit margin highlights ongoing challenges in achieving profitability.45
Neutral
Balance Sheet
The balance sheet of ChargePoint Holdings reveals a moderate financial position. The company has managed to reduce its debt-to-equity ratio significantly in the TTM period, indicating improved leverage management. However, the return on equity remains negative, reflecting ongoing losses. The equity ratio is relatively stable, suggesting a balanced asset structure, but the negative ROE is a significant concern.40
Negative
Cash Flow
ChargePoint Holdings faces challenges in its cash flow management. The company has negative operating and free cash flows, with a declining free cash flow growth rate in the TTM period. The operating cash flow to net income ratio is negative, indicating inefficiencies in converting income into cash. Although the free cash flow to net income ratio is above 1, the overall cash flow situation remains weak.35
Negative
| Breakdown | TTM | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 403.79M | 417.08M | 506.64M | 468.09M | 242.34M | 146.49M |
| Gross Profit | 119.90M | 100.68M | 30.12M | 85.93M | 53.53M | 32.95M |
| EBITDA | -178.28M | -218.85M | -412.87M | -312.79M | -117.21M | -183.49M |
| Net Income | -234.58M | -277.07M | -457.61M | -344.46M | -132.57M | -197.02M |
Balance Sheet | ||||||
| Total Assets | 848.03M | 898.17M | 1.10B | 1.08B | 861.83M | 290.12M |
| Cash, Cash Equivalents and Short-Term Investments | 180.51M | 224.57M | 327.41M | 369.13M | 315.24M | 145.49M |
| Total Debt | 345.69M | 312.36M | 301.05M | 316.78M | 25.37M | 59.75M |
| Total Liabilities | 809.65M | 760.70M | 775.69M | 724.32M | 315.14M | 290.94M |
| Stockholders Equity | 38.38M | 137.47M | 327.68M | 355.64M | 546.68M | -824.00K |
Cash Flow | ||||||
| Free Cash Flow | -69.65M | -159.02M | -348.37M | -285.61M | -173.59M | -103.33M |
| Operating Cash Flow | -64.29M | -146.95M | -328.94M | -267.05M | -157.18M | -91.85M |
| Investing Cash Flow | -5.36M | -12.07M | 85.58M | -126.15M | -221.74M | 35.53M |
| Financing Cash Flow | 30.23M | 28.54M | 306.52M | 372.86M | 549.69M | 128.91M |
ChargePoint Holdings Technical Analysis
Negative
6.01
Price Trends
6.78
Negative
8.41
Negative
10.46
Negative
Market Momentum
-0.23
Negative
43.71
Neutral
40.78
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 6.01 is below the 20-day moving average (MA) of 6.07, below the 50-day MA of 6.78, and below the 200-day MA of 10.46, indicating a bearish trend. The MACD of -0.23 indicates Negative momentum. The RSI at 43.71 is Neutral, neither overbought nor oversold. The STOCH value of 40.78 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% | |
51 Neutral | $871.59M | -7.33 | ― | ― | 39.21% | 9.08% | |
46 Neutral | $2.15M | -0.02 | ― | ― | -13.78% | 38.67% | |
44 Neutral | $140.74M | -0.59 | -219.20% | ― | -6.32% | 28.82% | |
43 Neutral | $97.75M | ― | -88.52% | ― | -23.14% | 14.29% | |
41 Neutral | $1.72M | >-0.01 | -3734.39% | ― | -9.58% | 86.27% |
* Consumer Cyclical Sector Average
CHPT
ChargePoint Holdings
6.01
-6.56
-52.19%
BLNK
Blink Charging Co
0.66
-0.31
-31.68%
NAAS
NaaS Technology
2.11
-16.94
-88.94%
NVVE
Nuvve Holding
1.07
-94.13
-98.88%
EVGO
EVgo
2.76
0.07
2.60%
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.