ChargePoint Expands Partnership with Optimus Energy Solutions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: seekingalpha
- Network Expansion: ChargePoint is expanding its partnership with Optimus Energy Solutions to add over 200 public charging ports in the southeastern U.S., significantly enhancing the electric vehicle charging infrastructure to meet increasing market demand.
- Exclusive Solutions Provider: ChargePoint will serve as the exclusive solutions provider for Optimus' charging network, supplying hardware, software, and services, which will ensure efficient operation of the charging stations and strengthen its competitive position in the EV charging market.
- Clear Operational Model: In this partnership, Optimus will act as the owner-operator of the charging stations, while ChargePoint's technical support will help optimize operational efficiency and enhance user experience, further driving the adoption of electric vehicles.
- Stable Financial Outlook: ChargePoint expects Q2 FY2027 revenue to be between $100 million and $110 million, reflecting its ongoing growth potential in the electric vehicle charging sector, despite recent stock price pressures.
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Analyst Views on CHPT
Wall Street analysts forecast CHPT stock price to rise
8 Analyst Rating
0 Buy
6 Hold
2 Sell
Hold
Current: 5.830
Low
5.00
Averages
8.42
High
11.00
Current: 5.830
Low
5.00
Averages
8.42
High
11.00
About CHPT
ChargePoint Holdings, Inc. is a provider of electric vehicle (EV) charging technology solutions. The Company is driving the transition to electric mobility across North America and Europe. It offers a comprehensive portfolio of charging solutions. The ChargePoint cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types. Its hardware, software, and services are designed to scale alongside the EV ecosystem, serving the needs of three core customer groups: Charge Point Operators (CPOs), e-Mobility Service Providers, and EV drivers. Its portfolio includes Networked Charging System Portfolio, Advanced ChargePoint Platform, ChargePoint CMS Service, ChargePoint eMSP Service, ChargePoint Mobile App and ChargePoint Services and Support Portfolio. It powers over 342,000 active charging ports.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
ChargePoint Expands Partnership with Optimus Energy Solutions
- Network Expansion: ChargePoint is expanding its partnership with Optimus Energy Solutions to add over 200 public charging ports in the southeastern U.S., significantly enhancing the electric vehicle charging infrastructure to meet increasing market demand.
- Exclusive Solutions Provider: ChargePoint will serve as the exclusive solutions provider for Optimus' charging network, supplying hardware, software, and services, which will ensure efficient operation of the charging stations and strengthen its competitive position in the EV charging market.
- Clear Operational Model: In this partnership, Optimus will act as the owner-operator of the charging stations, while ChargePoint's technical support will help optimize operational efficiency and enhance user experience, further driving the adoption of electric vehicles.
- Stable Financial Outlook: ChargePoint expects Q2 FY2027 revenue to be between $100 million and $110 million, reflecting its ongoing growth potential in the electric vehicle charging sector, despite recent stock price pressures.
See More
ChargePoint Added to US Small-Cap Russell 2000 Index
- Index Inclusion Impact: ChargePoint was added to the US small-cap Russell 2000 Index on June 29, 2026, which is expected to enhance its visibility among investors and potentially attract more institutional investors, thereby broadening its shareholder base.
- Asset Benchmark Significance: As of June 2025, approximately $12.2 trillion in assets are benchmarked against the Russell indexes, indicating that ChargePoint's inclusion could positively impact its stock price, especially in the context of increasing competition in the EV charging industry.
- Forward-Looking Statement Risks: While inclusion in the Russell index may attract investor attention, ChargePoint cautions that changes in market conditions, consumer demand, and competitive dynamics could affect its stock performance, highlighting the uncertainties the company faces in a rapidly evolving market environment.
- EV Charging Leadership: Since its inception in 2007, ChargePoint has established itself as a leader in EV charging innovation, connecting over 1.4 million charging ports globally and facilitating more than 21 billion electric miles, underscoring its commitment to sustainable transportation.
See More
ChargePoint Shares Drop 14% Amid Concerns Over Cash Burn and EV Adoption
- Significant Stock Decline: ChargePoint (CHPT) shares fell over 14% to approximately $6.79 on Tuesday, extending a weekly decline of 16%, indicating market concerns about its future performance, particularly in comparison to the S&P 500's gains.
- Analyst Rating Remains Neutral: UBS maintained a Neutral rating on ChargePoint while raising its price target from $7 to $8; however, it cautioned that ongoing cash burn and policy-related risks could impact stock performance, reflecting market skepticism about the company's financial health.
- Deteriorating Technical Indicators: Technical indicators suggest increasing downside momentum, with the MACD turning sharply negative and the RSI dropping to around 22, indicating heavily oversold conditions, while higher trading volumes during the decline suggest investors are exiting positions rather than buying the dips.
- Financial Concerns Emerge: Despite ChargePoint reporting $101.8 million in revenue, a 4% year-over-year increase, and a 39% narrowing of non-GAAP net loss to $18.3 million, its GAAP loss of $43.2 million and cash decline from $141.6 million to $95.8 million have triggered profit-taking and intensified stock price declines.
See More
Rising Gas Prices Boost Demand for EV Charging
- Increased EV Charging Demand: Rising gas prices are significantly boosting consumer demand for EV charging, potentially creating new market opportunities for related companies.
- Investment Recommendations Revealed: The analyst team has identified 10 stocks as the best investment choices currently, with ChargePoint notably absent, indicating a cautious outlook on its future performance.
- Historical Return Comparisons: Previously recommended stocks like Netflix and Nvidia achieved returns of 417,305% and 1,293,148% respectively after their recommendations, showcasing the potential profitability of high-quality stocks.
- Value of Investor Community: With an average return of 936%, Stock Advisor significantly outperforms the S&P 500's 209%, underscoring the importance of joining an investment community for better advice and support.
See More
Rising Gas Prices Boost EV Charging Demand
- Increased Charging Demand: Rising gas prices are significantly boosting consumer demand for EV charging, indicating a market shift towards sustainable transportation options.
- Positive Market Response: EV manufacturers saw stock prices rise in the afternoon of June 16, reflecting investor optimism about the EV market's prospects, particularly against the backdrop of high gas prices.
- Enhanced Policy Support: Governments may increase investments in EV charging infrastructure to meet the growing demand, thereby fostering growth in related industries.
- Long-Term Trends Emerging: High gas prices are not only stimulating short-term growth in charging demand but may also encourage more consumers to consider long-term investments in EVs, further driving market transformation.
See More
Trump's Peace Signal Boosts Stocks Amid Supply Chain Recovery
- Supply Chain Recovery Signal: Trump's peace signal regarding Iran enhances the likelihood of resolving a three-month supply chain disruption since the closure of the Strait of Hormuz, leading to a rally in cyclical stocks and indicating a market repricing of geopolitical risks.
- Oil Price Decline Impact: WTI crude oil prices have dropped from wartime highs near $100 to $87.71, directly reducing operating costs for manufacturing, chemicals, and transportation sectors, thereby improving the overall economic environment.
- Improved Financing Environment: The probability of interest rate hikes has fallen from 51% to 36%, providing a better financing environment for capital-intensive industries, encouraging companies to reconsider deferred investment decisions and further boosting market confidence.
- Strong Individual Stock Performance: Renewable energy company Array (NASDAQ:ARRY) rose by 6.1%, ChargePoint (NYSE:CHPT) increased by 6.6%, and heavy transportation equipment company Wabash (NYSE:WNC) gained 4.8%, reflecting positive market sentiment towards these companies.
See More
ChargePoint Expands Partnership with Optimus Energy Solutions
- Network Expansion: ChargePoint is expanding its partnership with Optimus Energy Solutions to add over 200 public charging ports in the southeastern U.S., significantly enhancing the electric vehicle charging infrastructure to meet increasing market demand.
- Exclusive Solutions Provider: ChargePoint will serve as the exclusive solutions provider for Optimus' charging network, supplying hardware, software, and services, which will ensure efficient operation of the charging stations and strengthen its competitive position in the EV charging market.
- Clear Operational Model: In this partnership, Optimus will act as the owner-operator of the charging stations, while ChargePoint's technical support will help optimize operational efficiency and enhance user experience, further driving the adoption of electric vehicles.
- Stable Financial Outlook: ChargePoint expects Q2 FY2027 revenue to be between $100 million and $110 million, reflecting its ongoing growth potential in the electric vehicle charging sector, despite recent stock price pressures.
See More
ChargePoint Added to US Small-Cap Russell 2000 Index
- Index Inclusion Impact: ChargePoint was added to the US small-cap Russell 2000 Index on June 29, 2026, which is expected to enhance its visibility among investors and potentially attract more institutional investors, thereby broadening its shareholder base.
- Asset Benchmark Significance: As of June 2025, approximately $12.2 trillion in assets are benchmarked against the Russell indexes, indicating that ChargePoint's inclusion could positively impact its stock price, especially in the context of increasing competition in the EV charging industry.
- Forward-Looking Statement Risks: While inclusion in the Russell index may attract investor attention, ChargePoint cautions that changes in market conditions, consumer demand, and competitive dynamics could affect its stock performance, highlighting the uncertainties the company faces in a rapidly evolving market environment.
- EV Charging Leadership: Since its inception in 2007, ChargePoint has established itself as a leader in EV charging innovation, connecting over 1.4 million charging ports globally and facilitating more than 21 billion electric miles, underscoring its commitment to sustainable transportation.
See More
ChargePoint Shares Drop 14% Amid Concerns Over Cash Burn and EV Adoption
- Significant Stock Decline: ChargePoint (CHPT) shares fell over 14% to approximately $6.79 on Tuesday, extending a weekly decline of 16%, indicating market concerns about its future performance, particularly in comparison to the S&P 500's gains.
- Analyst Rating Remains Neutral: UBS maintained a Neutral rating on ChargePoint while raising its price target from $7 to $8; however, it cautioned that ongoing cash burn and policy-related risks could impact stock performance, reflecting market skepticism about the company's financial health.
- Deteriorating Technical Indicators: Technical indicators suggest increasing downside momentum, with the MACD turning sharply negative and the RSI dropping to around 22, indicating heavily oversold conditions, while higher trading volumes during the decline suggest investors are exiting positions rather than buying the dips.
- Financial Concerns Emerge: Despite ChargePoint reporting $101.8 million in revenue, a 4% year-over-year increase, and a 39% narrowing of non-GAAP net loss to $18.3 million, its GAAP loss of $43.2 million and cash decline from $141.6 million to $95.8 million have triggered profit-taking and intensified stock price declines.
See More
Rising Gas Prices Boost Demand for EV Charging
- Increased EV Charging Demand: Rising gas prices are significantly boosting consumer demand for EV charging, potentially creating new market opportunities for related companies.
- Investment Recommendations Revealed: The analyst team has identified 10 stocks as the best investment choices currently, with ChargePoint notably absent, indicating a cautious outlook on its future performance.
- Historical Return Comparisons: Previously recommended stocks like Netflix and Nvidia achieved returns of 417,305% and 1,293,148% respectively after their recommendations, showcasing the potential profitability of high-quality stocks.
- Value of Investor Community: With an average return of 936%, Stock Advisor significantly outperforms the S&P 500's 209%, underscoring the importance of joining an investment community for better advice and support.
See More
Rising Gas Prices Boost EV Charging Demand
- Increased Charging Demand: Rising gas prices are significantly boosting consumer demand for EV charging, indicating a market shift towards sustainable transportation options.
- Positive Market Response: EV manufacturers saw stock prices rise in the afternoon of June 16, reflecting investor optimism about the EV market's prospects, particularly against the backdrop of high gas prices.
- Enhanced Policy Support: Governments may increase investments in EV charging infrastructure to meet the growing demand, thereby fostering growth in related industries.
- Long-Term Trends Emerging: High gas prices are not only stimulating short-term growth in charging demand but may also encourage more consumers to consider long-term investments in EVs, further driving market transformation.
See More
Trump's Peace Signal Boosts Stocks Amid Supply Chain Recovery
- Supply Chain Recovery Signal: Trump's peace signal regarding Iran enhances the likelihood of resolving a three-month supply chain disruption since the closure of the Strait of Hormuz, leading to a rally in cyclical stocks and indicating a market repricing of geopolitical risks.
- Oil Price Decline Impact: WTI crude oil prices have dropped from wartime highs near $100 to $87.71, directly reducing operating costs for manufacturing, chemicals, and transportation sectors, thereby improving the overall economic environment.
- Improved Financing Environment: The probability of interest rate hikes has fallen from 51% to 36%, providing a better financing environment for capital-intensive industries, encouraging companies to reconsider deferred investment decisions and further boosting market confidence.
- Strong Individual Stock Performance: Renewable energy company Array (NASDAQ:ARRY) rose by 6.1%, ChargePoint (NYSE:CHPT) increased by 6.6%, and heavy transportation equipment company Wabash (NYSE:WNC) gained 4.8%, reflecting positive market sentiment towards these companies.
See More
