
ChargePoint Holdings (CHPT) Stock Forecast & Price Target
ChargePoint Holdings (CHPT) Analyst Ratings
Bulls say
ChargePoint Holdings Inc. is well-positioned to benefit from accelerated U.S. electric vehicle adoption, potentially increasing demand for its charging infrastructure solutions and enhancing its market share amid a competitive landscape. The company is experiencing improving margins driven by a higher mix of subscription revenue, which supports recurring cash flow and provides increased visibility for financial stability. Furthermore, a focus on AC charging—where ChargePoint excels—contrasts with competitors’ emphasis on DC fast charging, thus positioning ChargePoint favorably for sustained growth in an evolving market.
Bears say
ChargePoint Holdings Inc faces a challenging demand environment, with previous guidance for positive adjusted EBITDA being postponed to later quarters, indicating ongoing financial instability. The company's inability to enhance gross margins in line with consensus estimates, coupled with underperformance in unit growth, has contributed to a downgrade in revenue forecasts, projecting approximately flat growth next year at around $400 million. Furthermore, economic uncertainty is expected to hinder customer engagement and growth in EV charger demand, while a slowdown in EV adoption poses additional risks to ChargePoint's revenue from 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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