![]() ![]() The company is expected to make a profit of 14 cents in 2026 when its profit will hit $1.45 billion. They believe that the total loss will be 49 cents per share this year followed by 16 cents in 2025. The company hopes that these losses will narrow down in the coming years as it starts to slow its investments.Īnalysts believe that the company has two more years in the red. The losses part is understandable since rolling out a network of charging infrastructure across the country is expensive. But as expected, the company’s losses have also jumped from about $75.5 million to over $345 million. Its annual revenue jumped from $58.5 million in 2018 to over $448 million in 2022. The growth of electric vehicles has been a good thing for ChargePoint. ![]() It does this by selling networked charging hardware that are connected through the cloud. The company has over 19,000 fast-charging ports in the United States. ChargePoint earnings preview Copy link to sectionĬhargePoint is the biggest companies in the electric vehicle charging industry. The Smart Score is a quantitative, data-driven rating system and does not include human intervention. Still, it remains about 51% below the highest level in 2022. The ChargePoint Holdings stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. But they have a 4.5 billion market cap and only 250 million in. The stock popped to a high of $9.75, the highest level since April 5, ~25% above the lowest level this year. ChargePoint (CHPT) Stock Forecast, Price & News 8.22 +0.10 (+1.23) (As of 05:45 PM ET) Compare Todays Range 8.10 8.55 50-Day Range 7.37 9. Have 188,000 charging stations for EVs in a growing business and expanding industry. ChargePoint (NYSE: CHPT) stock price is in the spotlight this week as the company publishes its quarterly results. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |