ChargePoint Holdings, Inc. (CHPT)
NYSE: CHPT · IEX Real-Time Price · USD
1.960
-0.100 (-4.85%)
At close: Jul 19, 2024, 4:00 PM
1.970
+0.010 (0.51%)
Pre-market: Jul 22, 2024, 7:55 AM EDT
ChargePoint Holdings Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for CHPT stock have an average target of 4.48, with a low estimate of 1.50 and a high estimate of 17. The average target predicts an increase of 128.57% from the current stock price of 1.96.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CHPT stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 4 | 3 | 3 | 3 | 2 | 2 |
| Hold | 11 | 12 | 11 | 11 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 20 | 20 | 20 | 20 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $4.25 → $3 | Strong Buy | Maintains | $4.25 → $3 | +53.06% | Jun 28, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $4 → $3 | Strong Buy | Maintains | $4 → $3 | +53.06% | Jun 6, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +53.06% | Jun 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Sell Downgrades $2 → $1.5 | Hold → Strong Sell | Downgrades | $2 → $1.5 | -23.47% | Apr 9, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +53.06% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
530.03M
from 506.64M
Increased by 4.62%
Revenue Next Year
672.40M
from 530.03M
Increased by 26.86%
EPS This Year
-0.32
from -1.22
EPS Next Year
-0.10
from -0.32
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 627.9M | 840.0M | 1.3B | 1.3B | 1.6B |
| Avg | 530.0M | 672.4M | 884.5M | 1.0B | 1.3B |
| Low | 465.3M | 537.0M | 694.8M | 792.8M | 907.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.9% | 58.5% | 99.4% | 48.1% | 58.4% |
| Avg | 4.6% | 26.9% | 31.5% | 16.3% | 22.8% |
| Low | -8.2% | 1.3% | 3.3% | -10.4% | -11.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.27 | -0.01 | 0.06 | 0.17 |
| Avg | -0.32 | -0.10 | 0.04 | 0.16 |
| Low | -0.37 | -0.21 | 0.02 | 0.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | 291.2% |
| Avg | - | - | - | 280.0% |
| Low | - | - | - | 265.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.