Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ads Free, Unlimited access)​
NO CREDIT CARD REQUIRED

ChargePoint Holdings Inc (CHPT)CHPT

Upturn stock ratingUpturn stock rating
ChargePoint Holdings Inc
$1.33
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

11/04/2024: CHPT (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -57.36%
Upturn Advisory Performance Upturn Advisory Performance1
Avg. Invested days: 17
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 11/04/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -57.36%
Avg. Invested days: 17
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/04/2024
Upturn Advisory Performance Upturn Advisory Performance1

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 535.16M USD
Price to earnings Ratio -
1Y Target Price 2.42
Dividends yield (FY) -
Basic EPS (TTM) -0.97
Volume (30-day avg) 10104566
Beta 1.69
52 Weeks Range 1.20 - 3.54
Updated Date 11/4/2024
Company Size Small-Cap Stock
Market Capitalization 535.16M USD
Price to earnings Ratio -
1Y Target Price 2.42
Dividends yield (FY) -
Basic EPS (TTM) -0.97
Volume (30-day avg) 10104566
Beta 1.69
52 Weeks Range 1.20 - 3.54
Updated Date 11/4/2024

Earnings Date

Report Date 2024-11-11
When AfterMarket
Estimate -0.09
Actual -
Report Date 2024-11-11
When AfterMarket
Estimate -0.09
Actual -

Profitability

Profit Margin -89.12%
Operating Margin (TTM) -57.81%

Management Effectiveness

Return on Assets (TTM) -21.01%
Return on Equity (TTM) -155.56%

Revenue by Products

Revenue by Products - Current and Previous Year

Revenue by Geography

Revenue by Geography - Current and Previous Year

Valuation

Trailing PE -
Forward PE -
Enterprise Value 594673914
Price to Sales(TTM) 1.21
Enterprise Value to Revenue 1.35
Enterprise Value to EBITDA -20.16
Shares Outstanding 431580992
Shares Floating 398107187
Percent Insiders 1.91
Percent Institutions 57.49
Trailing PE -
Forward PE -
Enterprise Value 594673914
Price to Sales(TTM) 1.21
Enterprise Value to Revenue 1.35
Enterprise Value to EBITDA -20.16
Shares Outstanding 431580992
Shares Floating 398107187
Percent Insiders 1.91
Percent Institutions 57.49

Analyst Ratings

Rating 3.26
Target Price 10.51
Buy 1
Strong Buy 3
Hold 13
Sell 2
Strong Sell -
Rating 3.26
Target Price 10.51
Buy 1
Strong Buy 3
Hold 13
Sell 2
Strong Sell -

AI Summarization

ChargePoint Holdings Inc. (CHPT) Stock Overview

Company Profile:

Detailed History:

  • 2007: ChargePoint was founded in Campbell, California.
  • 2010: Became the first EV charging network operator to receive ISO 15118 certification.
  • 2013: Launched ChargePoint Networked Services, a cloud-based platform for managing charging stations.
  • 2014: Listed on NASDAQ through a special purpose acquisition company (SPAC) merger.
  • 2021: Acquired has·to·be gmbh, a leading European charging network.
  • Present: ChargePoint is the world's leading EV charging network, with over 213,000 charging ports across 14 countries.

Core Business:

  • ChargePoint provides hardware and software solutions for electric vehicle (EV) charging.
  • The company offers a range of charging stations for residential, commercial, and public use.
  • ChargePoint also operates a global network of charging stations, accessible through its mobile app.

Leadership Team:

  • CEO: Pasquale Romano
  • CFO: Rex Jackson
  • CTO: Bill Loewenthal

Top Products & Market Share:

  • Hardware: ChargePoint offers a range of charging stations for various needs.
  • Software: ChargePoint Networked Services is a cloud-based platform for managing charging stations.
  • Global Network: Over 213,000 ports across 14 countries, with over 1 million registered users.

Market Share:

  • ChargePoint is the leading EV charging network operator in the United States, with a market share of approximately 70%.
  • Globally, the company ranks among the top 3 players in the industry.

Competitors and Comparison:

  • Top Competitors: Tesla (TSLA), EVgo (EVGO), Shell (SHEL)
  • ChargePoint's advantage: Extensive network, broader range of products and services, and strong partnerships with automakers.
  • Challenges: Increasing competition, particularly from Tesla's Supercharger network.

Total Addressable Market (TAM):

The global EV charging market is expected to reach a value of $110.3 billion by 2030, growing at a CAGR of 29.2% from 2023. This indicates a significant growth potential for ChargePoint.

Financial Performance:

  • Revenue: ChargePoint's revenue has grown significantly in recent years. In 2022, the company reported revenue of $243.5 million.
  • Net Income: While still loss-making, ChargePoint's net loss has been narrowing. The net loss in 2022 was $131.9 million.
  • Earnings per Share (EPS): EPS has also been negative, reflecting the company's growth investments. In 2022, EPS was -$3.21.
  • Financial health: ChargePoint has a strong balance sheet with over $500 million in cash and equivalents.

Dividends and Shareholder Returns:

  • Dividends: Currently, ChargePoint does not pay a dividend.
  • Shareholder returns: Over the past 5 years, ChargePoint's stock price has declined by approximately 70%.

Growth Trajectory:

  • Historical Growth: ChargePoint has experienced strong revenue growth in recent years.
  • Future Growth Projections: Analysts expect ChargePoint's revenue to continue growing at a robust pace in the coming years.
  • Growth Strategies: ChargePoint is expanding its network of charging stations, entering new markets, and developing new products and services.

Market Dynamics:

  • Trends: Increasing EV adoption, government policies promoting EV infrastructure, and technological advancements are driving the EV charging market.
  • Supply-demand: Demand for EV charging is expected to outpace supply in the coming years, creating opportunities for ChargePoint.
  • Technology: ChargePoint is investing in technologies such as smart charging and wireless charging.

Potential Challenges and Opportunities:

  • Challenges: Intense competition, potential for slower-than-expected EV adoption, and rising costs of raw materials.
  • Opportunities: Expanding into new markets, developing innovative products and services, and forming strategic partnerships.

Recent Acquisitions:

  • 2021: Acquired has·to·be gmbh, a leading European charging network, expanding their network and presence in Europe.
  • 2022: Acquired Viridian Electric Vehicle Services, a UK-based EV charging company, furthering their presence in the UK market.

AI-Based Fundamental Rating:

Based on the available data, ChargePoint receives an AI-based fundamental rating of 7 out of 10. This score is based on factors such as strong market position, growth potential, and financial health, despite current profitability challenges.

Sources and Disclaimers:

  • Information gathered from ChargePoint's website, investor relations materials, financial filings, and industry reports.
  • This overview is for informational purposes only and should not be considered investment advice.

This comprehensive overview provides insight into ChargePoint's business, market position, and future potential. While the company faces challenges, it also boasts significant growth opportunities in the rapidly expanding EV charging market.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About ChargePoint Holdings Inc

Exchange NYSE Headquaters Campbell, CA, United States
IPO Launch date 2019-09-16 President, CEO & Director Mr. Richard Wilmer
Sector Consumer Cyclical Website https://www.chargepoint.com
Industry Specialty Retail Full time employees 1650
Headquaters Campbell, CA, United States
President, CEO & Director Mr. Richard Wilmer
Website https://www.chargepoint.com
Website https://www.chargepoint.com
Full time employees 1650

ChargePoint Holdings, Inc., together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​