ChargePoint (CHPT) Stock Forecast, Price Target & Predictions

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CHPT Stock Forecast

ChargePoint stock forecast is as follows: an average price target of $12.40 (represents a 1027.27% upside from CHPT’s last price of $1.10) 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 $12.40 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 1027.27% upside from CHPT's last price of $1.10.

CHPT Analyst Ratings

Buy

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
Oct 29, 2024	Stephen Gengaro	Stifel Nicolaus	$2.00	$1.28	56.25%	81.82%
Sep 05, 2024	Stephen Gengaro	Stifel Nicolaus	$3.00	$1.40	115.05%	172.73%
Sep 05, 2024	Mickey Legg	Loop Capital Markets	$3.00	$1.40	115.05%	172.73%
Sep 05, 2024	James West	Evercore ISI	$4.00	$1.69	136.69%	263.64%
Sep 05, 2024	Mark Delaney	Goldman Sachs	$1.25	$1.38	-9.09%	13.64%
Sep 05, 2024	Chris Dendrinos	RBC Capital	$2.50	$1.38	81.17%	127.27%
Jun 06, 2024	Chris Dendrinos	RBC Capital	$3.00	$1.73	73.41%	172.73%
Jun 06, 2024	James West	Evercore ISI	$6.00	$1.73	246.82%	445.45%
Apr 04, 2024	Chris Pierce	Needham	$3.00	$1.83	63.93%	172.73%
Dec 07, 2023	Craig Irwin	MKM Partners	$2.00	$2.25	-11.11%	81.82%

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The latest ChargePoint stock forecast, released on Oct 29, 2024 by Stephen Gengaro from Stifel Nicolaus, set a price target of $2.00, which represents a 56.25% increase from the stock price at the time of the forecast ($1.28), and a 81.82% increase from CHPT last price ($1.10).

ChargePoint Price Target by Period

	1M	3M	12M
# Anlaysts	1	6	11
Avg Price Target	$2.00	$2.63	$3.07
Last Closing Price	$1.10	$1.10	$1.10
Upside/Downside	81.82%	139.09%	179.09%

In the current month, the average price target of ChargePoint stock is $2.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 81.82% increase as opposed to ChargePoint's last price of $1.10. This month's average price target is down -23.95% compared to last quarter, and down -34.85% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 03, 2024	Needham	Underperform	Underperform	Hold
Oct 03, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
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

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ChargePoint's last stock rating was published by Needham on Oct 03, 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	May 22	Jan 22	Oct 21	Jul 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$115.83M	$110.28M	$150.49M	-	$152.83M	$125.34M	$108.29M	-	$79.34M	$65.03M	$56.12M
Avg Forecast	$251.49M	$228.64M	$219.09M	$208.23M	$198.81M	$189.90M	$164.88M	$191.01M	$172.10M	$163.52M	$154.06M	$152.43M	$130.75M	$119.42M	$103.45M	$103.84M	$90.04M	$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	$333.21M	$302.93M	$290.28M	$275.89M	$263.42M	$251.61M	$218.46M	$253.08M	$228.03M	$216.65M	$204.12M	$201.96M	$173.23M	$158.22M	$137.07M	$139.81M	$93.37M	$113.51M	$105.84M	$120.26M	$169.04M	$203.04M	$169.91M	$218.11M	$159.76M	$124.66M	$91.89M	$91.62M	$76.82M	$59.24M
Low Forecast	$221.63M	$201.49M	$193.08M	$183.50M	$175.21M	$167.35M	$145.31M	$168.33M	$151.67M	$144.10M	$135.77M	$134.33M	$115.22M	$105.24M	$91.17M	$87.80M	$87.35M	$113.51M	$105.84M	$119.32M	$115.82M	$135.05M	$113.01M	$145.07M	$117.25M	$91.49M	$67.44M	$67.24M	$56.38M	$43.48M
# Analysts	4	4	4	4	5	5	5	5	5	5	5	5	4	4	4	10	10	5	5	6	12	6	6	6	9	9	9	9	6	6
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.97%	0.88%	0.98%	-	0.93%	0.95%	1.05%	-	1.05%	1.02%	1.14%

ChargePoint's average Quarter revenue forecast for May 24 based on 5 analysts is $105.84M, with a low forecast of $105.84M, and a high forecast of $105.84M. 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	May 22	Jan 22	Oct 21	Jul 21
# Analysts	4	4	4	4	5	5	5	5	5	5	5	5	4	4	4	10	10	5	5	6	12	6	6	6	9	9	9	9	6	6
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-65.75M	$-147.57M	$-114.46M	-	$-68.68M	$-76.23M	$-83.91M	-	$-73.48M	$-62.74M	$-71.62M
Avg Forecast	$-206.10M	$-187.37M	$-179.55M	$-170.65M	$-162.93M	$-155.62M	$-135.12M	$-156.54M	$-141.04M	$-134.00M	$-126.25M	$-124.92M	$-107.15M	$-97.87M	$-84.78M	$-85.10M	$-73.79M	$-93.02M	$-59.29M	$-98.17M	$-102.37M	$-125.59M	$-53.90M	$-66.17M	$-108.43M	$-84.60M	$-49.00M	$-62.18M	$-52.14M	$-40.21M
High Forecast	$-181.63M	$-165.12M	$-158.23M	$-150.38M	$-143.58M	$-137.15M	$-119.08M	$-137.95M	$-124.30M	$-118.09M	$-111.26M	$-110.08M	$-94.43M	$-86.25M	$-74.72M	$-71.96M	$-71.58M	$-93.02M	$-47.44M	$-97.78M	$-94.92M	$-110.68M	$-43.12M	$-52.94M	$-96.09M	$-74.97M	$-39.20M	$-55.10M	$-46.20M	$-35.63M
Low Forecast	$-273.07M	$-248.26M	$-237.89M	$-226.10M	$-215.87M	$-206.19M	$-179.03M	$-207.40M	$-186.87M	$-177.55M	$-167.28M	$-165.51M	$-141.97M	$-129.67M	$-112.33M	$-114.58M	$-76.52M	$-93.02M	$-71.15M	$-98.55M	$-138.53M	$-166.40M	$-64.69M	$-79.41M	$-130.92M	$-102.16M	$-58.80M	$-75.08M	$-62.96M	$-48.55M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.67%	1.44%	0.91%	-	1.04%	0.70%	0.99%	-	1.18%	1.20%	1.78%

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	May 22	Jan 22	Oct 21	Jul 21
# Analysts	4	4	4	4	5	5	5	5	5	5	5	5	4	4	4	10	10	5	5	6	12	6	6	6	9	9	9	9	6	6
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-94.75M	$-158.22M	$-125.25M	-	$-78.01M	$-84.48M	$-92.70M	-	$-60.15M	$-69.44M	$-84.94M
Avg Forecast	-	-	-	-	-	-	-	$-23.60M	$-29.54M	$-31.29M	$-35.07M	$-34.04M	$-42.91M	$-48.45M	$-54.17M	$-51.53M	$-71.44M	$-68.80M	$-63.08M	$-97.79M	$-133.72M	$-57.20M	$-57.34M	$-70.51M	$-87.28M	$-94.17M	$-52.13M	$-67.81M	$-53.12M	$53.75M
High Forecast	-	-	-	-	-	-	-	$-19.96M	$-24.98M	$-26.46M	$-29.66M	$-28.79M	$-36.29M	$-40.97M	$-45.81M	$-44.17M	$-47.63M	$-58.18M	$-50.46M	$-82.70M	$-66.86M	$-48.37M	$-45.87M	$-56.41M	$-74.37M	$-80.24M	$-41.70M	$-57.78M	$-45.26M	$64.50M
Low Forecast	-	-	-	-	-	-	-	$-33.57M	$-42.01M	$-44.51M	$-49.88M	$-48.42M	$-61.04M	$-68.92M	$-77.05M	$-58.89M	$-79.38M	$-97.87M	$-75.69M	$-139.10M	$-200.57M	$-81.36M	$-68.81M	$-84.61M	$-110.82M	$-119.58M	$-62.55M	$-86.10M	$-67.45M	$43.00M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.97%	1.18%	2.19%	-	1.11%	0.97%	0.98%	-	0.89%	1.31%	-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	May 22	Jan 22	Oct 21	Jul 21
# Analysts	4	4	4	4	5	5	5	5	5	5	5	5	4	4	4	10	10	5	5	6	12	6	6	6	9	9	9	9	6	6
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$53.35M	$73.30M	$64.81M	-	$64.58M	$57.83M	$56.72M	-	$54.20M	$44.63M	$44.66M
Avg Forecast	$142.32M	$129.38M	$123.98M	$117.84M	$112.51M	$107.46M	$93.31M	$108.09M	$97.39M	$92.53M	$87.18M	$86.26M	$73.99M	$67.58M	$58.54M	$58.76M	$50.95M	$64.24M	$56.84M	$67.79M	$70.69M	$86.72M	$51.68M	$45.32M	$74.87M	$58.42M	$46.98M	$42.94M	$36.00M	$19.88M
High Forecast	$188.56M	$171.43M	$164.27M	$156.12M	$149.07M	$142.38M	$123.62M	$143.22M	$129.04M	$122.60M	$115.51M	$114.29M	$98.03M	$89.54M	$77.57M	$79.12M	$52.84M	$64.24M	$68.21M	$68.05M	$95.66M	$114.90M	$62.01M	$54.38M	$90.41M	$70.54M	$56.37M	$51.85M	$43.47M	$23.86M
Low Forecast	$125.42M	$114.02M	$109.26M	$103.84M	$99.15M	$94.70M	$82.23M	$95.26M	$85.83M	$81.55M	$76.83M	$76.02M	$65.20M	$59.56M	$51.59M	$49.69M	$49.43M	$64.24M	$45.47M	$67.52M	$65.54M	$76.43M	$41.34M	$36.25M	$66.35M	$51.77M	$37.58M	$38.05M	$31.91M	$15.91M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.79%	1.04%	0.75%	-	1.43%	0.77%	0.97%	-	1.26%	1.24%	2.25%

ChargePoint's average Quarter SG&A projection for May 24 is $56.84M, based on 5 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	May 22	Jan 22	Oct 21	Jul 21
# Analysts	4	4	4	4	5	5	5	5	5	5	5	5	4	4	4	10	10	5	5	6	12	6	6	6	9	9	9	9	6	6
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.23	$-0.42	$-0.35	-	$-0.23	$-0.25	$-0.28	-	$-0.18	$-0.21	$-0.27
Avg Forecast	-	-	-	-	-	-	-	$-0.06	$-0.07	$-0.07	$-0.08	$-0.08	$-0.10	$-0.11	$-0.13	$-0.12	$-0.17	$-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	-	-	-	-	-	-	-	$-0.05	$-0.06	$-0.06	$-0.07	$-0.07	$-0.08	$-0.10	$-0.11	$-0.10	$-0.11	$-0.14	$-0.16	$-0.19	$-0.16	$-0.11	$-0.14	$-0.16	$-0.17	$-0.19	$-0.17	$-0.14	$-0.11	$-0.11
Low Forecast	-	-	-	-	-	-	-	$-0.08	$-0.10	$-0.10	$-0.12	$-0.11	$-0.14	$-0.16	$-0.18	$-0.14	$-0.19	$-0.23	$-0.27	$-0.33	$-0.47	$-0.19	$-0.23	$-0.26	$-0.26	$-0.28	$-0.25	$-0.20	$-0.16	$-0.17
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	1.34%	2.62%	-	1.24%	1.22%	1.27%	-	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	$1.10	$12.40	1027.27%	Buy
WOOF	Petco Health and Wellness Company	$4.21	$9.42	123.75%	Buy
WSM	Williams-Sonoma	$129.51	$201.11	55.29%	Hold
RH	RH	$326.55	$433.92	32.88%	Buy
ULTA	Ulta Beauty	$382.74	$446.92	16.77%	Hold
DKS	DICK'S Sporting Goods	$197.33	$225.90	14.48%	Buy
BBY	Best Buy	$90.70	$96.19	6.05%	Buy
AZO	AutoZone	$3.16K	$2.91K	-7.91%	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 $12.4 with a range of $1.25 to $46, implying a 1027.27% from its last price of $1.1. 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 1027.27% (from the last price of $1.1 to the average price target of $12.4), up by 4081.82% based on the highest stock price target, and up by 13.64% based on the lowest stock price target.

Can ChargePoint stock reach $2?

CHPT's average twelve months analyst stock price target of $12.4 supports the claim that ChargePoint can reach $2 in the near future.

What is ChargePoint's current price target trend?

1 Wall Street analyst forecast a $2 price target for ChargePoint (CHPT) this month, up 81.82% from its last price of $1.1. Compared to the last 3 and 12 months, the average price target increased by 139.09% and increased by 179.09%, 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 $680.69M (high $901.88M, low $599.87M), average EBITDA is $-558M (high $-492M, low $-739M), average net income is $-120M (high $-101M, low $-170M), average SG&A $385.2M (high $510.37M, low $339.46M), and average EPS is $-0.28 (high $-0.236, low $-0.398). CHPT's analysts financial forecasts for the fiscal year (Jan 2028) are as follows: average revenue is $761.82M (high $1.01B, low $671.37M), average EBITDA is $-624M (high $-550M, low $-827M), average net income is $0 (high $0, low $0), average SG&A $431.11M (high $571.2M, low $379.92M), 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%