ChargePoint (CHPT) Stock Forecast, Price Target & Predictions
CHPT Stock Forecast
ChargePoint stock forecast is as follows: an average price target of $12.47 (represents a 725.83% upside from CHPT’s last price of $1.51) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.
CHPT Price Target
The average price target for ChargePoint (CHPT) is $12.47 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $46.00 to $1.25. This represents a potential 725.83% upside from CHPT's last price of $1.51.
CHPT Analyst Ratings
According to 15 Wall Street analysts, ChargePoint's rating consensus is 'Buy'. The analyst rating breakdown for CHPT stock is 0 'Strong Buy' (0.00%), 10 'Buy' (66.67%), 4 'Hold' (26.67%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).
ChargePoint Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 05, 2024 | Stephen Gengaro | Stifel Nicolaus | $3.00 | $1.40 | 115.05% | 98.68% |
| Sep 05, 2024 | Mickey Legg | Loop Capital Markets | $3.00 | $1.40 | 115.05% | 98.68% |
| Sep 05, 2024 | James West | Evercore ISI | $4.00 | $1.69 | 136.69% | 164.90% |
| Sep 05, 2024 | Mark Delaney | Goldman Sachs | $1.25 | $1.38 | -9.09% | -17.22% |
| Sep 05, 2024 | Chris Dendrinos | RBC Capital | $2.50 | $1.38 | 81.17% | 65.56% |
| Jun 06, 2024 | Chris Dendrinos | RBC Capital | $3.00 | $1.73 | 73.41% | 98.68% |
| Jun 06, 2024 | James West | Evercore ISI | $6.00 | $1.73 | 246.82% | 297.35% |
| Apr 04, 2024 | Chris Pierce | Needham | $3.00 | $1.83 | 63.93% | 98.68% |
| Dec 07, 2023 | Craig Irwin | MKM Partners | $2.00 | $2.25 | -11.11% | 32.45% |
| Dec 07, 2023 | Chris Pierce | Needham | $4.00 | $2.25 | 77.78% | 164.90% |
The latest ChargePoint stock forecast, released on Sep 05, 2024 by Stephen Gengaro from Stifel Nicolaus, set a price target of $3.00, which represents a 115.05% increase from the stock price at the time of the forecast ($1.40), and a 98.68% increase from CHPT last price ($1.51).
ChargePoint Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 5 | 5 | 10 |
| Avg Price Target | $2.75 | $2.75 | $3.18 |
| Last Closing Price | $1.51 | $1.51 | $1.51 |
| Upside/Downside | 82.12% | 82.12% | 110.60% |
In the current month, the average price target of ChargePoint stock is $2.75, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 82.12% increase as opposed to ChargePoint's last price of $1.51. This month's average price target is down 0.00% compared to last quarter, and down -13.52% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | Needham | Underperform | Underperform | Hold |
| Sep 05, 2024 | Benchmark | Buy | Buy | Hold |
| Sep 05, 2024 | Cowen & Co. | Buy | Hold | Downgrade |
| Sep 05, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Sep 05, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Sep 05, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jun 28, 2024 | Needham | Buy | Buy | Hold |
| Jun 28, 2024 | Goldman Sachs | Underperform | Underperform | Hold |
| Jun 28, 2024 | Benchmark | Buy | Buy | Hold |
| Jun 06, 2024 | Needham | Buy | Buy | Hold |
ChargePoint's last stock rating was published by Needham on Sep 06, 2024. The company gave CHPT a "Underperform" rating, the same as its previous rate.
ChargePoint Financial Forecast
ChargePoint Revenue Forecast
| Oct 28 | Jul 28 | May 28 | Jan 28 | Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $115.83M | $110.28M | $150.49M | - | $152.83M | $125.34M | $108.29M | $81.63M | $79.34M | $65.03M | $56.12M |
| Avg Forecast | $251.49M | $228.64M | $219.09M | $208.23M | $198.81M | $189.90M | $164.88M | $180.02M | $164.16M | $157.77M | $155.09M | $151.11M | $129.50M | $118.82M | $103.20M | $115.06M | $98.70M | $113.51M | $105.84M | $119.79M | $124.92M | $153.25M | $128.24M | $164.62M | $132.30M | $103.23M | $76.10M | $75.87M | $63.62M | $49.06M |
| High Forecast | $291.56M | $265.06M | $254.00M | $241.40M | $230.49M | $220.15M | $191.15M | $208.70M | $190.31M | $182.91M | $179.80M | $175.19M | $150.13M | $137.75M | $119.64M | $144.07M | $99.80M | $131.60M | $122.70M | $138.87M | $169.04M | $177.66M | $148.67M | $190.85M | $153.38M | $105.99M | $88.80M | $85.69M | $71.85M | $55.41M |
| Low Forecast | $226.81M | $206.20M | $197.59M | $187.79M | $179.30M | $171.26M | $148.70M | $162.35M | $148.05M | $142.29M | $139.87M | $136.28M | $116.79M | $107.16M | $93.07M | $91.15M | $96.22M | $102.37M | $95.45M | $108.03M | $115.82M | $138.21M | $115.65M | $148.46M | $119.32M | $99.05M | $68.11M | $69.03M | $57.89M | $44.64M |
| # Analysts | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 7 | 6 | 3 | 6 | 12 | 6 | 6 | 6 | 9 | 8 | 9 | 9 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.88% | 0.98% | - | 0.93% | 0.95% | 1.05% | 1.07% | 1.05% | 1.02% | 1.14% |
ChargePoint's average Quarter revenue forecast for May 24 based on 3 analysts is $105.84M, with a low forecast of $95.45M, and a high forecast of $122.70M. CHPT's average Quarter revenue forecast represents a -8.63% decrease compared to the company's last Quarter revenue of $115.83M (Jan 24).
ChargePoint EBITDA Forecast
| Oct 28 | Jul 28 | May 28 | Jan 28 | Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 7 | 6 | 3 | 6 | 12 | 6 | 6 | 6 | 9 | 8 | 9 | 9 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-65.75M | $-147.57M | $-114.46M | - | $-68.68M | $-76.23M | $-83.91M | $-83.95M | $-73.48M | $-62.74M | $-71.62M |
| Avg Forecast | $-206.10M | $-187.37M | $-179.55M | $-170.65M | $-162.93M | $-155.62M | $-135.12M | $-147.53M | $-134.53M | $-129.30M | $-127.10M | $-123.84M | $-106.12M | $-97.38M | $-84.57M | $-94.29M | $-80.89M | $-93.02M | $-59.29M | $-98.17M | $-102.37M | $-125.59M | $-53.90M | $-134.91M | $-99.24M | $-84.60M | $-62.36M | $-60.16M | $-78.45M | $-39.52M |
| High Forecast | $-185.87M | $-168.98M | $-161.92M | $-153.90M | $-146.94M | $-140.35M | $-121.86M | $-133.05M | $-121.32M | $-116.61M | $-114.62M | $-111.68M | $-95.71M | $-87.82M | $-76.27M | $-74.70M | $-78.85M | $-83.89M | $-47.44M | $-88.53M | $-94.92M | $-113.26M | $-43.12M | $-121.67M | $-79.39M | $-81.17M | $-55.82M | $-48.13M | $-62.76M | $-35.96M |
| Low Forecast | $-238.94M | $-217.22M | $-208.15M | $-197.83M | $-188.89M | $-180.42M | $-156.65M | $-171.03M | $-155.96M | $-149.90M | $-147.35M | $-143.57M | $-123.03M | $-112.89M | $-98.04M | $-118.07M | $-81.79M | $-107.85M | $-71.15M | $-113.81M | $-138.53M | $-145.60M | $-64.69M | $-156.40M | $-119.08M | $-86.86M | $-72.77M | $-72.19M | $-94.14M | $-44.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.67% | 1.44% | 0.91% | - | 0.51% | 0.77% | 0.99% | 1.35% | 1.22% | 0.80% | 1.81% |
undefined analysts predict CHPT's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than ChargePoint's previous annual EBITDA (undefined) of $NaN.
ChargePoint Net Income Forecast
| Oct 28 | Jul 28 | May 28 | Jan 28 | Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 7 | 6 | 3 | 6 | 12 | 6 | 6 | 6 | 9 | 8 | 9 | 9 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-94.75M | $-158.22M | $-125.25M | - | $-78.01M | $-84.48M | $-92.70M | $-89.27M | $-60.15M | $-69.44M | $-84.94M |
| Avg Forecast | - | - | - | - | - | - | - | $-30.10M | $-33.42M | $-32.66M | $-35.94M | $-34.00M | $-42.95M | $-48.81M | $-54.88M | $-52.08M | $-77.72M | $-68.80M | $-63.08M | $-97.79M | $-133.72M | $-57.20M | $-57.34M | $-79.50M | $-102.77M | $-93.24M | $-82.22M | $-64.10M | $-81.25M | $53.75M |
| High Forecast | - | - | - | - | - | - | - | $-26.26M | $-29.16M | $-28.49M | $-31.35M | $-29.66M | $-37.47M | $-42.58M | $-47.88M | $-37.20M | $-58.29M | $-60.03M | $-50.46M | $-85.31M | $-66.86M | $-49.90M | $-45.87M | $-69.36M | $-82.22M | $-88.32M | $-71.01M | $-51.28M | $-65.00M | $64.50M |
| Low Forecast | - | - | - | - | - | - | - | $-36.34M | $-40.35M | $-39.43M | $-43.39M | $-41.05M | $-51.85M | $-58.91M | $-66.25M | $-59.52M | $-97.15M | $-83.05M | $-75.69M | $-118.04M | $-200.57M | $-69.04M | $-68.81M | $-95.97M | $-123.33M | $-96.47M | $-100.06M | $-76.92M | $-97.49M | $43.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.18% | 2.19% | - | 0.98% | 0.82% | 0.99% | 1.09% | 0.94% | 0.85% | -1.58% |
ChargePoint's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. CHPT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
ChargePoint SG&A Forecast
| Oct 28 | Jul 28 | May 28 | Jan 28 | Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 7 | 6 | 3 | 6 | 12 | 6 | 6 | 6 | 9 | 8 | 9 | 9 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $53.35M | $73.30M | $64.81M | - | $64.58M | $57.83M | $56.72M | $53.63M | $54.20M | $44.63M | $44.66M |
| Avg Forecast | $142.32M | $129.38M | $123.98M | $117.84M | $112.51M | $107.46M | $93.31M | $101.87M | $92.89M | $89.28M | $87.76M | $85.51M | $73.28M | $67.24M | $58.40M | $65.11M | $55.86M | $64.24M | $56.84M | $67.79M | $70.69M | $86.72M | $51.68M | $93.16M | $54.03M | $58.42M | $43.06M | $41.20M | $42.71M | $19.88M |
| High Forecast | $164.99M | $150.00M | $143.73M | $136.61M | $130.43M | $124.58M | $108.17M | $118.10M | $107.70M | $103.51M | $101.75M | $99.14M | $84.96M | $77.95M | $67.70M | $81.53M | $56.48M | $74.47M | $68.21M | $78.59M | $95.66M | $100.54M | $62.01M | $108.00M | $64.84M | $59.98M | $50.25M | $49.44M | $51.26M | $23.86M |
| Low Forecast | $128.35M | $116.69M | $111.81M | $106.27M | $101.47M | $96.92M | $84.15M | $91.87M | $83.78M | $80.52M | $79.15M | $77.12M | $66.09M | $60.64M | $52.67M | $51.58M | $54.45M | $57.93M | $45.47M | $61.14M | $65.54M | $78.21M | $41.34M | $84.01M | $43.23M | $56.05M | $38.55M | $32.96M | $34.17M | $15.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 1.04% | 0.75% | - | 0.69% | 1.07% | 0.97% | 1.25% | 1.32% | 1.04% | 2.25% |
ChargePoint's average Quarter SG&A projection for May 24 is $56.84M, based on 3 Wall Street analysts, with a range of $45.47M to $68.21M. The forecast indicates a 6.55% rise compared to CHPT last annual SG&A of $53.35M (Jan 24).
ChargePoint EPS Forecast
| Oct 28 | Jul 28 | May 28 | Jan 28 | Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 7 | 6 | 3 | 6 | 12 | 6 | 6 | 6 | 9 | 8 | 9 | 9 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.23 | $-0.42 | $-0.35 | - | $-0.23 | $-0.25 | $-0.28 | $-0.27 | $-0.18 | $-0.21 | $-0.27 |
| Avg Forecast | - | - | - | - | - | - | - | $-0.07 | $-0.08 | $-0.08 | $-0.08 | $-0.08 | $-0.10 | $-0.11 | $-0.13 | $-0.12 | $-0.18 | $-0.16 | $-0.19 | $-0.23 | $-0.31 | $-0.13 | $-0.16 | $-0.19 | $-0.20 | $-0.22 | $-0.20 | $-0.16 | $-0.12 | $-0.13 |
| High Forecast | - | - | - | - | - | - | - | $-0.06 | $-0.07 | $-0.07 | $-0.07 | $-0.07 | $-0.09 | $-0.10 | $-0.11 | $-0.09 | $-0.14 | $-0.14 | $-0.17 | $-0.20 | $-0.16 | $-0.12 | $-0.14 | $-0.16 | $-0.18 | $-0.21 | $-0.17 | $-0.14 | $-0.11 | $-0.11 |
| Low Forecast | - | - | - | - | - | - | - | $-0.08 | $-0.09 | $-0.09 | $-0.10 | $-0.10 | $-0.12 | $-0.14 | $-0.15 | $-0.14 | $-0.23 | $-0.19 | $-0.23 | $-0.28 | $-0.47 | $-0.16 | $-0.20 | $-0.22 | $-0.25 | $-0.23 | $-0.24 | $-0.19 | $-0.15 | $-0.15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.34% | 2.62% | - | 1.24% | 1.22% | 1.27% | 1.38% | 1.13% | 1.69% | 2.08% |
According to undefined Wall Street analysts, ChargePoint's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to CHPT previous annual EPS of $NaN (undefined).
ChargePoint Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CHPT | ChargePoint | $1.51 | $12.47 | 725.83% | Buy |
| WOOF | Petco Health and Wellness Company | $4.92 | $9.25 | 88.01% | Buy |
| WSM | Williams-Sonoma | $147.22 | $201.11 | 36.61% | Hold |
| RH | RH | $330.75 | $422.67 | 27.79% | Buy |
| ULTA | Ulta Beauty | $397.00 | $470.92 | 18.62% | Hold |
| DKS | DICK'S Sporting Goods | $213.26 | $225.90 | 5.93% | Buy |
| BBY | Best Buy | $99.48 | $96.00 | -3.50% | Buy |
| AZO | AutoZone | $3.08K | $2.73K | -11.18% | Buy |
CHPT Forecast FAQ
Is ChargePoint a good buy?
Yes, according to 15 Wall Street analysts, ChargePoint (CHPT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 66.67% of CHPT's total ratings.
What is CHPT's price target?
ChargePoint (CHPT) average price target is $12.47 with a range of $1.25 to $46, implying a 725.83% from its last price of $1.51. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will ChargePoint stock go up soon?
According to Wall Street analysts' prediction for CHPT stock, the company can go up by 725.83% (from the last price of $1.51 to the average price target of $12.47), up by 2946.36% based on the highest stock price target, and down by -17.22% based on the lowest stock price target.
Can ChargePoint stock reach $2?
CHPT's average twelve months analyst stock price target of $12.47 supports the claim that ChargePoint can reach $2 in the near future.
What is ChargePoint's current price target trend?
5 Wall Street analysts forecast a $2.75 price target for ChargePoint (CHPT) this month, up 82.12% from its last price of $1.51. Compared to the last 3 and 12 months, the average price target increased by 82.12% and increased by 110.60%, respectively.
What are ChargePoint's analysts' financial forecasts?
ChargePoint's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $657.04M (high $761.72M, low $592.55M), average EBITDA is $-538M (high $-486M, low $-624M), average net income is $-132M (high $-115M, low $-159M), average SG&A $371.81M (high $431.05M, low $335.32M), and average EPS is $-0.309 (high $-0.27, low $-0.373). CHPT's analysts financial forecasts for the fiscal year (Jan 2028) are as follows: average revenue is $761.82M (high $883.2M, low $687.05M), average EBITDA is $-624M (high $-563M, low $-724M), average net income is $0 (high $0, low $0), average SG&A $431.11M (high $499.8M, low $388.8M), and average EPS is $0 (high $0, low $0).
Did the CHPT's actual financial results beat the analysts' financial forecasts?
Based on ChargePoint's last annual report (Jan 2024), the company's revenue was $506.64M, which missed the average analysts forecast of $526.19M by -3.72%. Apple's EBITDA was $-386M, beating the average prediction of $-380M by 1.57%. The company's net income was $-458M, beating the average estimation of $-346M by 32.24%. Apple's SG&A was $235.3M, missing the average forecast of $276.88M by -15.01%. Lastly, the company's EPS was $-1.22, beating the average prediction of $-0.839 by 45.49%. In terms of the last quarterly report (Jan 2024), ChargePoint's revenue was $115.83M, missing the average analysts' forecast of $119.79M by -3.30%. The company's EBITDA was $-65.749M, missing the average prediction of $-98.169M by -33.02%. ChargePoint's net income was $-94.747M, missing the average estimation of $-97.79M by -3.11%. The company's SG&A was $53.35M, missing the average forecast of $67.79M by -21.30%. Lastly, the company's EPS was $-0.23, beating the average prediction of $-0.229 by 0.56%