ChargePoint Holdings, Inc. (CHPT)
NYSE: CHPT · IEX Real-Time Price · USD
1.860
-0.030 (-1.59%)
May 16, 2024, 4:00 PM EDT - Market closed
ChargePoint Holdings Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for CHPT stock have an average target of 5.73, with a low estimate of 1.50 and a high estimate of 17. The average target predicts an increase of 208.06% from the current stock price of 1.86.
Analyst Consensus: Buy
* Price targets were last updated on Apr 9, 2024.
Analyst Ratings
The average analyst rating for CHPT stock from 19 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Hold | 12 | 11 | 11 | 12 | 11 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 20 | 19 | 20 | 20 | 20 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold → Strong Sell Downgrades $2 → $1.5 | Hold → Strong Sell | Downgrades | $2 → $1.5 | -19.35% | Apr 9, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +61.29% | Apr 4, 2024 |
| RF Lafferty | RF Lafferty | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | +61.29% | Mar 6, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $4.25 | Strong Buy | Reiterates | $4.25 | +128.49% | Mar 6, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $4 | Strong Buy | Maintains | $4 | +115.05% | Mar 6, 2024 |
Financial Forecast
Revenue This Year
569.86M
from 506.64M
Increased by 12.48%
Revenue Next Year
758.31M
from 569.86M
Increased by 33.07%
EPS This Year
-0.35
from -1.22
EPS Next Year
-0.16
from -0.35
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 733.2M | 991.4M | 1.1B | 1.4B | 1.7B |
| Avg | 569.9M | 758.3M | 906.2M | 1.2B | 1.5B |
| Low | 464.2M | 537.0M | 763.3M | 1.0B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 44.7% | 74.0% | 46.4% | 56.9% | 45.0% |
| Avg | 12.5% | 33.1% | 19.5% | 28.1% | 25.1% |
| Low | -8.4% | -5.8% | 0.7% | 11.8% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.04 | -0.01 | 0.13 | 0.17 |
| Avg | -0.35 | -0.16 | 0.10 | 0.16 |
| Low | -0.64 | -0.48 | 0.06 | 0.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | 75.6% |
| Avg | - | - | - | 70.6% |
| Low | - | - | - | 63.9% |
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.