JPMorgan Chase & Co. Issues Pessimistic Forecast for ChargePoint (NYSE:CHPT) Stock Price

ChargePoint (NYSE:CHPT) had its target price cut by research analysts at JPMorgan Chase & Co. from $8.00 to $5.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential downside of 14.09% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. The Goldman Sachs Group reissued a “sell” rating and issued a $5.00 price target on shares of ChargePoint in a research note on Thursday, January 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ChargePoint in a research note on Wednesday, January 21st. Royal Bank Of Canada dropped their price objective on ChargePoint from $9.00 to $6.50 and set a “sector perform” rating for the company in a report on Thursday. UBS Group restated a “neutral” rating and set a $9.00 target price (down from $12.00) on shares of ChargePoint in a report on Monday, December 22nd. Finally, Roth Mkm set a $8.50 target price on ChargePoint and gave the stock a “neutral” rating in a research report on Friday, December 5th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $11.60.

ChargePoint Trading Down 1.7%

CHPT opened at $5.82 on Thursday. The firm has a 50 day simple moving average of $6.45 and a 200 day simple moving average of $8.76. ChargePoint has a fifty-two week low of $5.53 and a fifty-two week high of $17.78. The company has a market cap of $137.64 million, a price-to-earnings ratio of -0.62 and a beta of 1.40. The company has a debt-to-equity ratio of 8.38, a current ratio of 1.59 and a quick ratio of 0.93.

ChargePoint (NYSE:CHPT) last announced its quarterly earnings data on Wednesday, March 4th. The company reported ($1.85) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.07) by ($0.78). ChargePoint had a negative net margin of 53.55% and a negative return on equity of 226.42%. The business had revenue of $109.32 million during the quarter, compared to the consensus estimate of $104.85 million. On average, sell-side analysts anticipate that ChargePoint will post -0.57 earnings per share for the current year.

Insider Activity

In other ChargePoint news, CFO Mansi Khetani sold 3,943 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $6.99, for a total transaction of $27,561.57. Following the sale, the chief financial officer directly owned 130,363 shares in the company, valued at approximately $911,237.37. This trade represents a 2.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jagdeep Ca Singh sold 4,832 shares of ChargePoint stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $6.99, for a total transaction of $33,775.68. Following the completion of the transaction, the insider directly owned 124,627 shares in the company, valued at approximately $871,142.73. The trade was a 3.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,670 shares of company stock worth $88,534 in the last quarter. 3.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On ChargePoint

Large investors have recently made changes to their positions in the stock. Focus Partners Wealth acquired a new stake in shares of ChargePoint during the first quarter worth $27,000. Rothschild Investment LLC boosted its stake in ChargePoint by 233.3% in the 4th quarter. Rothschild Investment LLC now owns 5,000 shares of the company’s stock worth $33,000 after purchasing an additional 3,500 shares during the period. Corient Private Wealth LLC increased its holdings in ChargePoint by 57.1% during the 2nd quarter. Corient Private Wealth LLC now owns 67,345 shares of the company’s stock worth $47,000 after purchasing an additional 24,470 shares in the last quarter. Pilgrim Partners Asia Pte Ltd increased its holdings in ChargePoint by 56.4% during the 4th quarter. Pilgrim Partners Asia Pte Ltd now owns 8,600 shares of the company’s stock worth $57,000 after purchasing an additional 3,100 shares in the last quarter. Finally, Jump Financial LLC acquired a new stake in shares of ChargePoint in the 2nd quarter valued at about $66,000. Institutional investors own 37.77% of the company’s stock.

Key ChargePoint News

Here are the key news stories impacting ChargePoint this week:

• Positive Sentiment: Q4 revenue beat and year‑over‑year growth; sales (≈$109M) topped estimates and subscription/networked‑charging trends improved, showing demand momentum. ChargePoint Q4 Earnings Beat Estimates
• Positive Sentiment: Operational progress: company reported narrower losses versus prior periods and highlighted network/user growth and subscription revenue gains — signs of improving unit economics over time. Q4 Earnings Call Highlights
• Neutral Sentiment: Full earnings and investor-call transcripts are available for detailed read‑throughs of management commentary and guidance assumptions. MSN: Q4 Earnings Call Transcript
• Neutral Sentiment: Additional call transcripts and analyst summaries (Seeking Alpha, The Motley Fool) provide more color on seasonality and working capital dynamics. Seeking Alpha: Q4 Transcript
• Negative Sentiment: Weak Q1/FY guidance: management issued Q1 revenue guidance well below Street expectations (guidance centered near ~$95M vs. higher consensus), which drove immediate downward pressure on the stock. Q4 Sales Top Estimates But Stock Drops
• Negative Sentiment: Analyst downgrades / price‑target cuts followed earnings: JPMorgan cut its PT and moved to underweight; RBC lowered its PT and trimmed its view — increasing downside risk in the near term. Price Target Cuts Report
• Negative Sentiment: Cash & capital concerns: coverage highlights persistent operating losses, seasonal working capital swings and the likelihood of future capital raises unless profitability improves — a key risk for valuation and share stability. Seeking Alpha: The Misery Continues
• Negative Sentiment: Market reaction: several outlets note the stock sold off after the weak guidance despite the revenue beat — consensus view is cautious until guidance and cash trajectory look firmer. Why CHPT Shares Are Trading Lower

About ChargePoint

ChargePoint (NYSE: CHPT) is a leading provider of electric vehicle (EV) charging solutions that designs, develops and markets charging hardware, software and services. The company’s portfolio includes Level 2 AC charging stations for residential, commercial and fleet applications, as well as DC fast charging systems suited for retail, hospitality and public use. ChargePoint’s integrated platform enables site hosts to manage charging infrastructure through cloud-based monitoring, analytics and billing tools, while EV drivers access and control charging sessions via a mobile app or RFID card.

Since its founding in 2007 and headquarters in Campbell, California, ChargePoint has built one of the largest open EV charging networks in the world.