ChargePoint Reports Q4 Results, Issues Weak Guidance Leading to Stock Decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy CHPT?
Source: Benzinga
- Earnings Beat: ChargePoint reported an adjusted loss of $0.54 per share, outperforming the consensus estimate of a $1.03 loss, while revenue reached $109.32 million, exceeding the expected $104.69 million and marking a 7% year-over-year increase, indicating resilience in revenue generation.
- Subscription Revenue Growth: The company saw an 11% year-over-year increase in subscription revenue to $42.5 million, alongside a 10% rise in network charging systems revenue to $57.6 million, reflecting ChargePoint's ability to enhance its core business amid growing charging demand.
- Weak Guidance: ChargePoint anticipates first-quarter revenue between $90 million and $100 million, falling short of the consensus estimate of $104.07 million, which has pressured the stock and diminished investor confidence.
- Analyst Downgrade: RBC Capital analyst Christopher Dendrinos maintained a Sector Perform rating on ChargePoint while lowering the price target from $9 to $6.50, indicating a cautious outlook on the company's future performance.
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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: 6.500
Low
5.00
Averages
8.42
High
11.00
Current: 6.500
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 Reports Strong Q4 2026 Earnings with Record Margins
- Strong Financial Performance: ChargePoint reported Q4 2026 revenue of $109 million, reaching the high end of guidance with a 7% year-over-year increase, while achieving a record non-GAAP gross margin of 33%, indicating enhanced competitiveness and profitability in the market.
- Operational Efficiency Gains: CEO Richard Wilmer emphasized minimal cash utilization from operations, significantly better than planned, and noted double-digit growth in Europe, demonstrating ChargePoint's effective resource management to drive business expansion.
- Strategic Partnerships: The partnership with Ford Pro for fleet solutions and a $7.5 million multiyear agreement with RAW Charging further solidify ChargePoint's market position in electrified transportation, expected to support future revenue growth.
- Optimistic Future Outlook: CFO Mansi Khetani projected Q1 2027 revenue between $90 million and $100 million, reflecting typical seasonality, yet the company remains optimistic about new product launches driving sustained growth, particularly in the European market.
See More
ChargePoint Reports Q4 Results, Issues Weak Guidance Leading to Stock Decline
- Earnings Beat: ChargePoint reported an adjusted loss of $0.54 per share, outperforming the consensus estimate of a $1.03 loss, while revenue reached $109.32 million, exceeding the expected $104.69 million and marking a 7% year-over-year increase, indicating resilience in revenue generation.
- Subscription Revenue Growth: The company saw an 11% year-over-year increase in subscription revenue to $42.5 million, alongside a 10% rise in network charging systems revenue to $57.6 million, reflecting ChargePoint's ability to enhance its core business amid growing charging demand.
- Weak Guidance: ChargePoint anticipates first-quarter revenue between $90 million and $100 million, falling short of the consensus estimate of $104.07 million, which has pressured the stock and diminished investor confidence.
- Analyst Downgrade: RBC Capital analyst Christopher Dendrinos maintained a Sector Perform rating on ChargePoint while lowering the price target from $9 to $6.50, indicating a cautious outlook on the company's future performance.
See More
BJ's Wholesale Club Guidance Falls Short, Trade Desk Shares Surge
- BJ's Guidance Miss: BJ's Wholesale Club's full-year adjusted earnings guidance of $4.40 to $4.60 per share fell short of the $4.66 consensus, leading to a 4.5% drop in shares, despite beating fourth-quarter earnings and revenue expectations, indicating pressure in a competitive retail environment.
- Trade Desk Surge: Shares of Trade Desk soared 19% following reports of early talks with OpenAI regarding ad sales, suggesting potential new revenue streams and reflecting market optimism about the company's future growth prospects.
- Broadcom Strong Results: Broadcom reported a 29% year-over-year revenue increase in its fiscal first quarter, with adjusted earnings per share of $2.05 exceeding the $2.03 analyst estimate, resulting in a 6.4% stock price increase, showcasing robust performance and sustained market demand in the semiconductor sector.
- Veeva Systems Beats Expectations: Veeva Systems posted fourth-quarter earnings of $2.06 per share, surpassing the $1.93 analyst estimate, with revenue of $836 million exceeding the $811 million consensus, leading to a 10% stock price increase, highlighting the company's competitiveness and growth potential in the cloud solutions market.
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ChargePoint (CHPT) Q4 2026 Earnings Transcript
See More
Okta, Broadcom, Veeva Among Companies Reporting Strong Earnings
- Okta Earnings Beat: Okta reported adjusted earnings of $0.90 per share and revenue of $761 million for Q4, surpassing analysts' expectations of $0.85 and $749 million, leading to a 2% increase in stock price, indicating strong performance in the identity security sector.
- Broadcom Strong Results: Broadcom's fiscal Q1 revenue grew 29% year-over-year, with adjusted earnings per share of $2.05 and revenue of $19.31 billion, both exceeding analyst expectations, and the revenue guidance for the upcoming quarter also surpassed estimates, highlighting the company's growth potential in the semiconductor market.
- StubHub Revenue Miss: StubHub's Q4 revenue of $449 million fell short of the consensus estimate of $484 million, although adjusted EBITDA was $62.7 million, roughly in line with expectations, resulting in a 6% drop in stock price, reflecting pressure in the secondary ticketing market.
- Veeva Systems Strong Performance: Veeva Systems reported Q4 earnings of $2.06 per share and revenue of $836 million, both exceeding analyst estimates, leading to a 9% jump in stock price in after-hours trading, indicating robust demand for its cloud solutions.
See More
ChargePoint Holdings Reports Better-Than-Expected Earnings
- Earnings Performance: ChargePoint Holdings reported a GAAP EPS of -$1.85, beating expectations by $0.13, indicating some improvement in profitability despite still being in the red.
- Revenue Growth: The company achieved fourth-quarter revenue of $109.3 million, exceeding market expectations by $4.41 million, suggesting sustained demand in the EV charging market that could lay the groundwork for future profitability.
- Market Reaction: Despite ongoing losses, the positive investor response to the earnings report may boost the company's stock price, enhancing market confidence in ChargePoint's long-term growth potential.
- Future Outlook: The better-than-expected earnings could support ChargePoint's financial performance moving forward, especially against the backdrop of rapid growth in the electric vehicle sector, likely attracting more investor interest.
See More
ChargePoint Reports Strong Q4 2026 Earnings with Record Margins
- Strong Financial Performance: ChargePoint reported Q4 2026 revenue of $109 million, reaching the high end of guidance with a 7% year-over-year increase, while achieving a record non-GAAP gross margin of 33%, indicating enhanced competitiveness and profitability in the market.
- Operational Efficiency Gains: CEO Richard Wilmer emphasized minimal cash utilization from operations, significantly better than planned, and noted double-digit growth in Europe, demonstrating ChargePoint's effective resource management to drive business expansion.
- Strategic Partnerships: The partnership with Ford Pro for fleet solutions and a $7.5 million multiyear agreement with RAW Charging further solidify ChargePoint's market position in electrified transportation, expected to support future revenue growth.
- Optimistic Future Outlook: CFO Mansi Khetani projected Q1 2027 revenue between $90 million and $100 million, reflecting typical seasonality, yet the company remains optimistic about new product launches driving sustained growth, particularly in the European market.
See More
ChargePoint Reports Q4 Results, Issues Weak Guidance Leading to Stock Decline
- Earnings Beat: ChargePoint reported an adjusted loss of $0.54 per share, outperforming the consensus estimate of a $1.03 loss, while revenue reached $109.32 million, exceeding the expected $104.69 million and marking a 7% year-over-year increase, indicating resilience in revenue generation.
- Subscription Revenue Growth: The company saw an 11% year-over-year increase in subscription revenue to $42.5 million, alongside a 10% rise in network charging systems revenue to $57.6 million, reflecting ChargePoint's ability to enhance its core business amid growing charging demand.
- Weak Guidance: ChargePoint anticipates first-quarter revenue between $90 million and $100 million, falling short of the consensus estimate of $104.07 million, which has pressured the stock and diminished investor confidence.
- Analyst Downgrade: RBC Capital analyst Christopher Dendrinos maintained a Sector Perform rating on ChargePoint while lowering the price target from $9 to $6.50, indicating a cautious outlook on the company's future performance.
See More
BJ's Wholesale Club Guidance Falls Short, Trade Desk Shares Surge
- BJ's Guidance Miss: BJ's Wholesale Club's full-year adjusted earnings guidance of $4.40 to $4.60 per share fell short of the $4.66 consensus, leading to a 4.5% drop in shares, despite beating fourth-quarter earnings and revenue expectations, indicating pressure in a competitive retail environment.
- Trade Desk Surge: Shares of Trade Desk soared 19% following reports of early talks with OpenAI regarding ad sales, suggesting potential new revenue streams and reflecting market optimism about the company's future growth prospects.
- Broadcom Strong Results: Broadcom reported a 29% year-over-year revenue increase in its fiscal first quarter, with adjusted earnings per share of $2.05 exceeding the $2.03 analyst estimate, resulting in a 6.4% stock price increase, showcasing robust performance and sustained market demand in the semiconductor sector.
- Veeva Systems Beats Expectations: Veeva Systems posted fourth-quarter earnings of $2.06 per share, surpassing the $1.93 analyst estimate, with revenue of $836 million exceeding the $811 million consensus, leading to a 10% stock price increase, highlighting the company's competitiveness and growth potential in the cloud solutions market.
See More
ChargePoint (CHPT) Q4 2026 Earnings Transcript
See More
Okta, Broadcom, Veeva Among Companies Reporting Strong Earnings
- Okta Earnings Beat: Okta reported adjusted earnings of $0.90 per share and revenue of $761 million for Q4, surpassing analysts' expectations of $0.85 and $749 million, leading to a 2% increase in stock price, indicating strong performance in the identity security sector.
- Broadcom Strong Results: Broadcom's fiscal Q1 revenue grew 29% year-over-year, with adjusted earnings per share of $2.05 and revenue of $19.31 billion, both exceeding analyst expectations, and the revenue guidance for the upcoming quarter also surpassed estimates, highlighting the company's growth potential in the semiconductor market.
- StubHub Revenue Miss: StubHub's Q4 revenue of $449 million fell short of the consensus estimate of $484 million, although adjusted EBITDA was $62.7 million, roughly in line with expectations, resulting in a 6% drop in stock price, reflecting pressure in the secondary ticketing market.
- Veeva Systems Strong Performance: Veeva Systems reported Q4 earnings of $2.06 per share and revenue of $836 million, both exceeding analyst estimates, leading to a 9% jump in stock price in after-hours trading, indicating robust demand for its cloud solutions.
See More
ChargePoint Holdings Reports Better-Than-Expected Earnings
- Earnings Performance: ChargePoint Holdings reported a GAAP EPS of -$1.85, beating expectations by $0.13, indicating some improvement in profitability despite still being in the red.
- Revenue Growth: The company achieved fourth-quarter revenue of $109.3 million, exceeding market expectations by $4.41 million, suggesting sustained demand in the EV charging market that could lay the groundwork for future profitability.
- Market Reaction: Despite ongoing losses, the positive investor response to the earnings report may boost the company's stock price, enhancing market confidence in ChargePoint's long-term growth potential.
- Future Outlook: The better-than-expected earnings could support ChargePoint's financial performance moving forward, especially against the backdrop of rapid growth in the electric vehicle sector, likely attracting more investor interest.
See More
