B. Riley Predicts ChargePoint’s Q1 Earnings (NYSE:CHPT)

ChargePoint Holdings, Inc. (NYSE:CHPT) – Investment analysts at B. Riley issued their Q1 2026 earnings per share (EPS) estimates for ChargePoint in a research note issued on Wednesday, March 5th. B. Riley analyst R. Pfingst expects that the company will earn ($0.11) per share for the quarter. The consensus estimate for ChargePoint’s current full-year earnings is ($0.57) per share. B. Riley also issued estimates for ChargePoint’s Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.09) EPS, Q4 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.36) EPS.

ChargePoint (NYSE:CHPT) last issued its quarterly earnings results on Tuesday, March 4th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.01). ChargePoint had a negative return on equity of 106.28% and a negative net margin of 72.62%. The business had revenue of $101.89 million during the quarter, compared to the consensus estimate of $100.99 million.

Other equities research analysts also recently issued research reports about the company. The Goldman Sachs Group cut their price objective on ChargePoint from $1.00 to $0.75 and set a “sell” rating for the company in a research report on Thursday, February 20th. Benchmark reaffirmed a “buy” rating and set a $3.00 target price on shares of ChargePoint in a research report on Wednesday, November 20th. Stifel Nicolaus decreased their price target on ChargePoint from $2.00 to $1.00 and set a “hold” rating for the company in a research report on Monday. Needham & Company LLC restated a “hold” rating on shares of ChargePoint in a report on Wednesday, March 5th. Finally, Royal Bank of Canada reduced their price objective on shares of ChargePoint from $2.50 to $2.00 and set a “sector perform” rating for the company in a research note on Thursday, December 5th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $2.03.

ChargePoint Stock Down 1.4 %

CHPT stock opened at $0.68 on Monday. The firm has a market cap of $300.79 million, a PE ratio of -0.92 and a beta of 1.85. ChargePoint has a 12 month low of $0.56 and a 12 month high of $2.44. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.94 and a quick ratio of 1.24. The firm has a 50 day simple moving average of $0.89 and a 200 day simple moving average of $1.16.

Insider Activity

In related news, CAO Henrik Gerdes sold 28,536 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $1.14, for a total transaction of $32,531.04. Following the completion of the sale, the chief accounting officer now directly owns 362,060 shares in the company, valued at approximately $412,748.40. This trade represents a 7.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jagdeep Ca Singh sold 36,574 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $1.14, for a total value of $41,694.36. Following the completion of the transaction, the insider now owns 1,161,430 shares in the company, valued at $1,324,030.20. This trade represents a 3.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 87,148 shares of company stock worth $99,349 in the last 90 days. Company insiders own 3.50% of the company’s stock.

Institutional Trading of ChargePoint

Institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its holdings in shares of ChargePoint by 4.6% during the 3rd quarter. Geode Capital Management LLC now owns 9,072,168 shares of the company’s stock valued at $12,432,000 after purchasing an additional 399,070 shares in the last quarter. Creative Planning raised its holdings in ChargePoint by 8.8% during the third quarter. Creative Planning now owns 205,008 shares of the company’s stock valued at $281,000 after buying an additional 16,645 shares in the last quarter. Erste Asset Management GmbH acquired a new stake in shares of ChargePoint in the third quarter worth about $2,570,000. Franklin Resources Inc. bought a new stake in shares of ChargePoint during the 3rd quarter worth about $117,000. Finally, State Street Corp increased its holdings in shares of ChargePoint by 1.4% during the 3rd quarter. State Street Corp now owns 10,297,421 shares of the company’s stock valued at $14,107,000 after acquiring an additional 142,767 shares during the last quarter. 37.77% of the stock is currently owned by institutional investors and hedge funds.

About ChargePoint

ChargePoint Holdings, Inc, together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers.