According to MarketBeat, ChargePoint has an average rating of “Moderate Buy” and a consensus target price of $16.

Source: https://www.etfdailynews.com/2023/07/12/chargepoint-holdings-inc-nysechpt-ceo-pasquale-romano-sells-5000-shares-of-stock-2/

Anything can happen of course, and ChargePoint has its next quarterly earnings release coming up in less than a month.

Source: https://investorplace.com/market360/2023/11/warning-why-chpt-stock-will-keep-zig-zagging-towards-zero/

B. Riley reduced their price objective on shares of ChargePoint from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Thursday, July 20th.

Source: https://www.etfdailynews.com/2023/09/16/chargepoint-holdings-inc-nysechpt-cfo-sells-3248529-20-in-stock/

ChargePoint had a negative net margin of 64.78% and a negative return on equity of 86.26%.

Source: https://www.etfdailynews.com/2023/06/03/chargepoint-nysechpt-price-target-cut-to-13-00/

ChargePoint Holdings, Inc. has a 52-week low of $8.07 and a 52-week high of $20.99.

Source: https://www.etfdailynews.com/2023/04/02/chargepoint-holdings-inc-nysechpt-shares-purchased-by-private-advisor-group-llc/

ChargePoint Holdings, Inc. () shares fell 7.5% during trading on Thursday following insider selling activity.

Source: https://www.etfdailynews.com/2023/07/08/chargepoint-nysechpt-shares-down-7-5-after-insider-selling/

ChargePoint Holdings ): Its global presence makes it one of the best EV charging stocks to own.

Source: https://investorplace.com/2023/12/3-ev-charging-stocks-youll-regret-not-buying-soon-december-edition/

Exchange Traded Concepts LLC lessened its position in ChargePoint Holdings, Inc. () by 31.8% in the fourth quarter, reports.

Source: https://www.etfdailynews.com/2023/04/02/exchange-traded-concepts-llc-lowers-position-in-chargepoint-holdings-inc-nysechpt/

Founded in 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks in North America and Europe and a comprehensive portfolio of charging solutions.

Source: https://thegrizzlygazette.com/media-release/chargepoint-chpt-and-mercedes-benz-to-develop-over-400-charging-hubs-across-north-america/?utm_source=rss&utm_medium=rss&utm_campaign=chargepoint-chpt-and-mercedes-benz-to-develop-over-400-charging-hubs-across-n

In other ChargePoint news, major shareholder Q-Grg Vii (Cp) Investment Part acquired 1,422,121 shares of the company’s stock in a transaction on Tuesday, December 27th.

Source: https://www.etfdailynews.com/2023/03/10/commonwealth-equity-services-llc-sells-6656-shares-of-chargepoint-holdings-inc-nysechpt/

It’s worth noting that ChargePoint has continued to report robust revenue growth.

Source: https://investorplace.com/2023/04/3-stocks-for-a-100-short-squeeze-rally/

Now, I’m not suggesting that ChargePoint is a terrible company or anything like that.

Source: https://investorplace.com/2023/11/chpt-stock-this-is-no-time-to-speculate-on-a-likely-loser/

On the other hand, the current high-interest-rate environment doesn’t favor consistently unprofitable businesses like ChargePoint.

Source: https://investorplace.com/2023/11/chpt-stock-this-is-no-time-to-speculate-on-a-likely-loser/

Piper Sandler dropped their price target on shares of ChargePoint from $16.00 to $13.00 and set a “neutral” rating on the stock in a research note on Thursday, December 22nd.

Source: https://www.etfdailynews.com/2023/02/05/first-republic-investment-management-inc-raises-stock-position-in-chargepoint-holdings-inc-nysechpt/

The company hopes to cut these losses in FY24, but ChargePoint only ended FY23 with key annual subscription revenues at $100 million.

Source: https://seekingalpha.com/article/4608558-chargepoint-still-priced-for-perfection?source=feed_all_articles

This isn’t a problem, though, as it’s just an opportunity to take a share position in ChargePoint before the investing community realizes the company’s true value.

Source: https://investorplace.com/2023/04/ev-charging-play-chpt-has-100-upside-potential-heres-why/

Titleist Asset Management LLC bought a new stake in ChargePoint in the 1st quarter worth approximately $2,837,000.

Source: https://www.etfdailynews.com/2023/07/09/chargepoint-holdings-inc-nysechpt-ceo-sells-44300-00-in-stock/