CHPT Similar Chart Price Prediction
The price of CHPT is predicted to go up 17.86%, based on the high correlation periods with XWEL. The similarity of these two price pattern on the periods is 95.94%.
CHPT
XWEL
Up: 17.86%Similarity: 95.94%
CHPT Revenue Forecast
CHPT EPS Forecast
CHPT FAQs
What is bull’s view on CHPT?
What is bear's view on CHPT?
What is CHPT revenue forecast for next quarter？
What is CHPT eps forecast for next quarter？
CHPT VS S&P500
ChargePoint is the unquestioned leader in the AC (level 2) market, with over 50% share.
ChargePoint's capital-light business model provides for potentially high returns on capital and limits risk to utilization levels.
ChargePoint provides investors leverage to the expected long-term growth in EV adoption.
CHPT Analyst's Forecast
Robert Jamieson
UBS
Hold
2024-12-10
Price Target
$1.5 → $1.3
Upside
+1.17%
UBS lowered the firm's price target on ChargePoint to $1.30 from $1.50 and keeps a Neutral rating on the shares. ChargePoint's Q3 results were better than anticipated, but UBS remains cautious on the shares given ongoing cash burn and limited potential for incremental cost cuts to drive profitability, the analyst tells investors in a research note. The firm revised estimates for FY25-FY27 sales to reflect the increasing risk of a rollback of the federal consumer EV tax credit impacting EV charging hardware demand.
Bill Peterson
JP Morgan
Buy → Sell
2024-10-03
Price Target
n/a
Downside
0%
