ChargePoint Shares Rise Following Q3 Earnings, Analyst Remains Cautious Despite Indications of Recovery
Earnings Report: ChargePoint Holdings, Inc. reported third-quarter adjusted losses of $2.23 per share, missing analyst estimates, but revenue of $105.67 million exceeded expectations of $96.71 million.
Stock Performance: Following the earnings report, ChargePoint's stock surged by 25.65%, reaching $10.71.
Analyst Insights: JPMorgan analyst Bill Peterson maintained an Underweight rating with a price target of $8, noting that while ChargePoint's performance was bolstered by residential billings, significant growth is not expected in the near term due to tapering U.S. EV sales.
Future Guidance: ChargePoint anticipates fourth-quarter revenue between $100 million and $110 million, suggesting a potential return to growth if results meet expectations, although challenges remain in the U.S. market.
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Global EV Charging Station Market Expected to Reach $55.78 Billion by 2026
- Market Growth Potential: The global electric vehicle charging station market is projected to reach $55.78 billion by 2026, up 21% from $46.13 billion in 2025, and expected to hit $143.76 billion by 2031, reflecting strong market demand and investment appeal.
- Policy Drivers: Government-backed zero-emission mandates and internal combustion engine bans are accelerating the construction of charging infrastructure, particularly in the EU and California, ensuring stable demand for charging infrastructure, thereby lowering investment risks and fostering market growth.
- Technological Advances and Cost Reductions: The decline in lithium-ion battery prices has made electric vehicles economically competitive with traditional gasoline cars in various segments, further driving demand for charging infrastructure, while technological innovations enhance charging efficiency, especially for commercial fleets requiring frequent charges.
- Intensifying Market Competition: As major energy companies like Shell restructure to focus on high-power chargers, market competition intensifies, particularly against the backdrop of the Asia-Pacific region holding a 60.1% market share, while Europe and North America are rapidly advancing, promoting the expansion of cross-border charging networks.

Cipher Mining Signs $5.5 Billion Long-Term Deal with Amazon
- Market Transformation: Cipher Mining has pivoted from Bitcoin mining to becoming a provider of AI infrastructure, signing multiple long-term agreements with tech giants that are expected to drive future revenue growth and enhance profitability.
- Major Partnership: The 15-year deal with Amazon Web Services worth $5.5 billion signifies strong demand for the company's AI infrastructure, which is anticipated to lay the groundwork for improved financial performance in the future.
- Growth Potential: With a 3.4 gigawatt development pipeline, the Amazon deal only accounts for 300 megawatts, indicating significant expansion potential in the AI market that is likely to boost long-term leasing profitability.
- Industry Comparison: In contrast to ChargePoint's stagnating EV infrastructure demand, Cipher Mining's robust AI infrastructure demand highlights its competitive advantage and growth opportunities in the future market.








