Chpt Stocktwits, Stock Forecast & Price Target
Chpt stocktwits – ChargePoint is creating a new fueling system to move people and goods using electricity. Since 2007, ChargePoint has been dedicated to making it easier for businesses and drivers to transition to electric with one of the largest EV charging networks and a comprehensive collection of charging explanations. ChargePoint’s cloud-based payment platform and software-defined charging hardware are designed to take in options for every charging development—from home and multi-family to workplace, parking, hospitality, retail, and transportation fleets of all types. Today, a ChargePoint account offers access to hundreds of thousand
ds of charging locations across North America and Europe. For more information, visit the ChargePoint newsroom the ChargePoint Investor Relations site, or contact the North American or European press offices or ChargePoint Investor Relations.
ChargePoint Holdings (CHPT) Stock Forecast & Price Target
Based on 11 Wall Street analysts offering 12-month price targets for ChargePoint Holdings in the last three months. The average price target is $3.09, with a high forecast of $6.00 and a low forecast of $1.75. The average price target represents a 64.36% change from the last price of $1.88.
About ChargePoint Holdings, Inc.
ChargePoint, Inc. works a network of electric vehicle charging stations in California. It also offers electric vehicle station management, maintenance programs, and start and configuration services. ChargePoint, Inc. was before known as Coulomb Technologies, Inc. and changed its name to ChargePoint, Inc. in December 2012. The company was founded in 2007 and is headquartered in Campbell, California.
Sector: Industrials
Industry: Conglomerates
Keywords: Transport Electric Vehicle, Charging Station, Configuration Services, Electric Vehicle Network, International Electrotechnical Commission.
ChargePoint Holdings (CHPT) Technical Analysis
Technical Sentiment
(CHPT) Moving Averages Convergence Divergence (MACD) indicator is -0.04, suggesting ChargePoint Holdings is a Buy.
ChargePoint Holdings’s (CHPT) 20-day exponential moving average is 1.83, while ChargePoint Holdings’s (CHPT) share price is $1.88, making it a Sell.
ChargePoint Holdings’s (CHPT) 50-day exponential moving average is 1.82, while ChargePoint Holdings’s (CHPT) share price is $1.88, making it a Sell.
CHPT Stock Can Climb Again
The last time I wrote about ChargePoint, which provides EV chargers, I suggested that its shares remained an excellent speculative buy in the low $20s. Nothing has changed on this front. It’s still an excellent buy, but only for speculative investors. The company still has to make a great deal of progress before it’s possible to say that it has arrived.
Is CHPT a good buy?
ChargePoint Holdings has a consensus rating of Reasonable Prices. The company’s stock has lost 13.11% over the past month, outperforming the Autos, & Trucks sector’s loss of 13.68% and lagging the S&P 500’s loss of 1.49%.
The investment community will closely watch ChargePoint Holdings, Inc.’s earnings performance when it releases its following report. The company is scheduled to report its earnings on September 4, 2024. The company is project to report EPS of -$0.08, an increase of 66.67% compared to last year’s quarter. Meanwhile, our current consensus estimate calls for revenue of $114.15 Million, which indicates a decrease of 24.15% compared to the corresponding quarter of the previous year.