
ChargePoint Holdings (CHPT) Stock Forecast & Price Target
ChargePoint Holdings (CHPT) Analyst Ratings
Bulls say
ChargePoint Holdings Inc is poised for a positive outlook due to several key factors, including the anticipated acceleration of U.S. electric vehicle (EV) adoption, which is projected to increase the need for charging infrastructure ahead of expectations. The company is expected to capture a larger share of the market as competitors shift their focus toward an owned and operated business model, thereby enhancing ChargePoint's hardware sales potential. Furthermore, improvements in margins, driven by a higher contribution of subscription revenue and cost reductions, support sustained growth in cash flow and overall financial stability.
Bears say
ChargePoint Holdings Inc. faces a negative outlook primarily due to a depressed demand environment, leading to delayed expectations for positive adjusted EBITDA and a forecast of flat revenue near $400 million for the upcoming fiscal year. The company has lost its competitive edge in Level 2 AC Charging and struggles to improve gross margins in line with consensus estimates, exacerbated by slower than anticipated unit growth. Additionally, economic uncertainties and a slowing momentum in EV adoption further complicate ChargePoint's potential for revenue growth from its charging systems.
This aggregate rating is based on analysts' research of ChargePoint Holdings and is not a guaranteed prediction by Public.com or investment advice.
ChargePoint Holdings (CHPT) Analyst Forecast & Price Prediction
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