
ChargePoint Holdings (CHPT) Stock Forecast & Price Target
ChargePoint Holdings (CHPT) Analyst Ratings
Bulls say
ChargePoint Holdings Inc is well-positioned for growth, primarily due to advancing U.S. electric vehicle adoption, which is expected to accelerate demand for charging infrastructure and enhance the company's market share. The company's strategic focus on AC charging solutions aligns with industry growth trends, especially as competitors shift towards higher-margin DC fast charging, allowing ChargePoint to capitalize on its core strengths. Additionally, improved margins derived from a higher mix of subscription revenue and successful cost reductions contribute to a resilient financial outlook, providing recurring cash flow and increased visibility for future performance.
Bears say
ChargePoint Holdings Inc. faces a challenging demand environment that has led to a delay in achieving previously anticipated positive adjusted EBITDA, with projections now being pushed to later quarters. Additionally, the company has lost its competitive advantage in Level 2 AC Charging and struggles to align gross margin growth with consensus estimates due to missed unit growth forecasts. Furthermore, economic uncertainties are causing customers to adopt a cautious approach, resulting in flat revenue projections of approximately $400 million for the upcoming fiscal periods, thereby adding pressure to ChargePoint's financial performance.
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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