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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 $2.45 (represents a 111.21% upside from CHPT’s last price of $1.16) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

CHPT Price Target

The average price target for ChargePoint (CHPT) is $2.45 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $1.25. This represents a potential 111.21% upside from CHPT's last price of $1.16.

CHPT Analyst Ratings

Buy

According to 16 Wall Street analysts, ChargePoint's rating consensus is 'Buy'. The analyst rating breakdown for CHPT stock is 0 'Strong Buy' (0.00%), 10 'Buy' (62.50%), 5 'Hold' (31.25%), 1 'Sell' (6.25%), and 0 'Strong Sell' (0.00%).

ChargePoint Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 05, 2024Chris DendrinosRBC Capital$2.00$1.4736.52%72.41%
Oct 29, 2024Stephen GengaroStifel Nicolaus$2.00$1.2856.25%72.41%
Sep 05, 2024Mickey LeggLoop Capital Markets$3.00$1.40115.05%158.62%
Sep 05, 2024Stephen GengaroStifel Nicolaus$3.00$1.40115.05%158.62%
Sep 05, 2024James WestEvercore ISI$4.00$1.69136.69%244.83%
Sep 05, 2024Mark DelaneyGoldman Sachs$1.25$1.38-9.09%7.76%
Sep 05, 2024Chris DendrinosRBC Capital$2.50$1.3881.17%115.52%
Jun 06, 2024Chris DendrinosRBC Capital$3.00$1.7373.41%158.62%
Jun 06, 2024James WestEvercore ISI$6.00$1.73246.82%417.24%
Apr 04, 2024Chris PierceNeedham$3.00$1.8363.93%158.62%
Dec 07, 2023Craig IrwinMKM Partners$2.00$2.25-11.11%72.41%
Dec 07, 2023Chris PierceNeedham$4.00$2.2577.78%244.83%
Sep 08, 2023Chris DendrinosRBC Capital$9.00$5.7157.76%675.86%
Jul 17, 2023Colin RuschOppenheimer$8.26$8.66-4.67%612.07%
Dec 22, 2022Piper Sandler$13.00$9.5735.84%1020.69%
Nov 29, 2022Citigroup$14.00$11.4422.38%1106.90%
Aug 31, 2022Vikram BagriNeedham$24.00$16.5345.19%1968.97%
Jul 18, 2022Steven FoxUS Capital Advisors$15.00$12.4320.68%1193.10%
Jun 17, 2022Christopher SoutherB.Riley Financial$20.00$14.0342.55%1624.14%
Jun 04, 2022James WestEvercore ISI$24.00$14.5764.72%1968.97%
Apr 22, 2022David KelleyJefferies$28.00$14.6291.52%2313.79%
Jan 10, 2022Mark DelaneyGoldman Sachs$21.00$15.7833.08%1710.34%
Jan 07, 2022Kashy HarrisonPiper Sandler$20.00$16.8918.41%1624.14%
Nov 23, 2021Richard TullisCapital One Financial$24.00$25.85-7.16%1968.97%
Sep 02, 2021Craig IrwinRoth Capital$46.00$22.97100.26%3865.52%
Jul 20, 2021Colin RuschOppenheimer$39.00$24.5358.99%3262.07%

The latest ChargePoint stock forecast, released on Dec 05, 2024 by Chris Dendrinos from RBC Capital, set a price target of $2.00, which represents a 36.52% increase from the stock price at the time of the forecast ($1.47), and a 72.41% increase from CHPT last price ($1.16).

ChargePoint Price Target by Period

1M3M12M
# Anlaysts1210
Avg Price Target$2.00$2.00$2.98
Last Closing Price$1.16$1.16$1.16
Upside/Downside72.41%72.41%156.90%

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 72.41% increase as opposed to ChargePoint's last price of $1.16. This month's average price target is down 0.00% compared to last quarter, and down -32.89% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 05, 2024RBC CapitalSector PerformSector PerformHold
Dec 05, 2024NeedhamHoldHoldHold
Oct 03, 2024RBC CapitalSector PerformSector PerformHold
Oct 03, 2024NeedhamUnderperformUnderperformHold
Sep 06, 2024NeedhamUnderperformUnderperformHold
Sep 05, 2024BenchmarkBuyBuyHold
Sep 05, 2024Cowen & Co.BuyHoldDowngrade
Sep 05, 2024Evercore ISIOutperformOutperformHold
Sep 05, 2024Goldman SachsSellSellHold
Sep 05, 2024RBC CapitalSector PerformSector PerformHold
Jun 28, 2024NeedhamBuyBuyHold
Jun 28, 2024Goldman SachsUnderperformUnderperformHold
Jun 28, 2024BenchmarkBuyBuyHold
Jun 06, 2024NeedhamBuyBuyHold
Jun 06, 2024Cowen & Co.BuyBuyHold
Jun 06, 2024RBC CapitalSector PerformSector PerformHold
Jun 06, 2024Evercore ISIOutperformOutperformHold
Apr 09, 2024Goldman SachsSellNeutralDowngrade
Apr 09, 2024Goldman SachsSellDowngrade
Apr 04, 2024NeedhamUnderperformUnderperformHold
Apr 04, 2024RBC CapitalSector PerformSector PerformHold
Apr 04, 2024NeedhamBuyBuyHold
Mar 06, 2024RBC CapitalUnderperformSector PerformDowngrade
Mar 06, 2024NeedhamBuyBuyHold
Feb 21, 2024NeedhamUnderperformUnderperformHold
Feb 21, 2024UBSBuyBuyHold
Jan 25, 2024UBSBuyBuyHold
Jan 25, 2024RBC CapitalUnderperformUnderperformHold
Dec 07, 2023NeedhamBuyBuyHold
Oct 17, 2023OppenheimerOutperformOutperformHold
Sep 27, 2023UBSBuyInitialise
Sep 08, 2023RBC CapitalOutperformInitialise
Sep 07, 2023NeedhamBuyBuyHold
Sep 07, 2023BarclaysOverweightInitialise
Sep 07, 2023J.P. MorganBuyInitialise
Sep 07, 2023Raymond JamesOutperformInitialise
Jul 17, 2023OppenheimerOutperformOutperformHold
Apr 25, 2023Canaccord GenuityBuyBuyHold
Dec 22, 2022Piper SandlerNeutralNeutralHold
Nov 29, 2022CitigroupNeutralNeutralHold
Sep 07, 2022Credit SuisseOutperformInitialise
Jun 22, 2022Stifel NicolausBuyBuyHold
Jun 04, 2022Evercore ISIOutperformOutperformHold
Feb 22, 2022NeedhamBuyBuyHold

ChargePoint's last stock rating was published by RBC Capital on Dec 05, 2024. The company gave CHPT a "Sector Perform" rating, the same as its previous rate.

ChargePoint Financial Forecast

ChargePoint Revenue Forecast

Oct 28Jul 28May 28Jan 28Oct 27Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21
Revenue-------------------$115.83M$110.28M$150.49M-$152.83M$125.34M$108.29M-$79.34M$65.03M$56.12M
Avg Forecast$270.17M$246.21M$235.83M$224.11M$213.91M$204.25M$176.07M$169.24M$158.64M$152.08M$137.79M$138.62M$126.94M$114.53M$102.04M$100.97M$89.77M$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$282.57M$257.50M$246.65M$234.40M$223.73M$213.63M$184.15M$177.01M$165.92M$159.06M$144.11M$144.99M$132.77M$119.79M$106.72M$106.14M$93.69M$113.51M$105.84M$120.26M$169.04M$160.28M$134.12M$172.17M$159.76M$124.66M$91.89M$91.62M$76.82M$59.24M
Low Forecast$252.66M$230.25M$220.55M$209.59M$200.05M$191.02M$164.66M$158.28M$148.36M$142.23M$128.86M$129.64M$118.72M$107.11M$95.43M$94.00M$83.61M$113.51M$105.84M$119.32M$115.82M$143.32M$119.93M$153.95M$117.25M$91.49M$67.44M$67.24M$56.38M$43.48M
# Analysts63366446548533691055612666999966
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 28Jul 28May 28Jan 28Oct 27Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21
# Analysts63366446548533691055612666999966
EBITDA-------------------$-65.75M$-147.57M$-114.46M-$-68.68M$-76.23M$-83.91M-$-73.48M$-62.74M$-71.62M
Avg Forecast$-206.25M$-187.95M$-180.03M$-171.09M$-163.30M$-155.92M$-134.41M$-129.20M$-121.10M$-116.10M$-105.19M$-105.83M$-96.91M$-87.43M$-77.90M$-77.08M$-68.53M$-86.65M$-59.29M$-91.45M$-95.36M$-116.99M$-53.90M$-66.17M$-108.43M$-84.60M$-49.00M$-62.18M$-52.14M$-40.21M
High Forecast$-192.88M$-175.77M$-168.37M$-160.00M$-152.72M$-145.82M$-125.70M$-120.83M$-113.26M$-108.57M$-98.37M$-98.97M$-90.63M$-81.77M$-72.85M$-71.76M$-63.83M$-86.65M$-47.44M$-91.09M$-88.42M$-109.41M$-43.12M$-52.94M$-96.09M$-74.97M$-39.20M$-55.10M$-46.20M$-35.63M
Low Forecast$-215.71M$-196.58M$-188.29M$-178.94M$-170.80M$-163.08M$-140.58M$-135.13M$-126.66M$-121.42M$-110.01M$-110.68M$-101.36M$-91.45M$-81.47M$-81.03M$-71.52M$-86.65M$-71.15M$-91.81M$-129.04M$-122.36M$-64.69M$-79.41M$-130.92M$-102.16M$-58.80M$-75.08M$-62.96M$-48.55M
Surprise %-------------------0.72%1.55%0.98%-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 28Jul 28May 28Jan 28Oct 27Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21
# Analysts63366446548533691055612666999966
Net Income-------------------$-94.75M$-158.22M$-125.25M-$-78.01M$-84.48M$-92.70M-$-60.15M$-69.44M$-84.94M
Avg Forecast---$-17.41M$-26.12M$-30.47M$-34.83M$-35.25M$-35.69M$-39.91M$-43.53M$-37.51M$-45.95M$-52.70M$-57.08M$-53.71M$-72.67M$-70.06M$-63.08M$-99.57M$-136.15M$-58.24M$-57.34M$-70.51M$-87.28M$-94.17M$-52.13M$-67.81M$-53.12M$53.75M
High Forecast---$-15.95M$-23.92M$-27.91M$-31.89M$-32.28M$-32.69M$-36.54M$-39.86M$-34.35M$-42.08M$-48.26M$-52.27M$-52.48M$-48.44M$-64.16M$-50.46M$-91.18M$-68.08M$-53.33M$-45.87M$-56.41M$-74.37M$-80.24M$-41.70M$-57.78M$-45.26M$64.50M
Low Forecast---$-18.45M$-27.68M$-32.29M$-36.90M$-37.35M$-37.82M$-42.29M$-46.12M$-39.74M$-48.69M$-55.84M$-60.48M$-54.93M$-80.74M$-74.24M$-75.69M$-105.52M$-204.23M$-61.71M$-68.81M$-84.61M$-110.82M$-119.58M$-62.55M$-86.10M$-67.45M$43.00M
Surprise %-------------------0.95%1.16%2.15%-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 28Jul 28May 28Jan 28Oct 27Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21
# Analysts63366446548533691055612666999966
SG&A-------------------$53.35M$73.30M$64.81M-$64.58M$57.83M$56.72M-$54.20M$44.63M$44.66M
Avg Forecast$152.89M$139.33M$133.45M$126.82M$121.05M$115.58M$99.63M$95.77M$89.77M$86.06M$77.97M$78.45M$71.84M$64.81M$57.74M$57.14M$50.80M$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$159.90M$145.72M$139.58M$132.64M$126.61M$120.89M$104.21M$100.17M$93.89M$90.01M$81.55M$82.05M$75.13M$67.79M$60.39M$60.06M$53.02M$64.24M$68.21M$68.05M$95.66M$90.70M$62.01M$54.38M$90.41M$70.54M$56.37M$51.85M$43.47M$23.86M
Low Forecast$142.98M$130.30M$124.81M$118.61M$113.21M$108.10M$93.18M$89.57M$83.96M$80.48M$72.92M$73.36M$67.18M$60.61M$54.00M$53.20M$47.32M$64.24M$45.47M$67.52M$65.54M$81.10M$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 28Jul 28May 28Jan 28Oct 27Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21
# Analysts63366446548533691055612666999966
EPS-------------------$-0.23$-0.42$-0.35-$-0.23$-0.25$-0.28-$-0.18$-0.21$-0.27
Avg Forecast---$-0.04$-0.06$-0.07$-0.08$-0.08$-0.08$-0.09$-0.10$-0.09$-0.11$-0.12$-0.13$-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---$-0.04$-0.05$-0.06$-0.07$-0.07$-0.08$-0.08$-0.09$-0.08$-0.10$-0.11$-0.12$-0.12$-0.11$-0.15$-0.17$-0.21$-0.16$-0.12$-0.15$-0.17$-0.17$-0.19$-0.17$-0.14$-0.11$-0.11
Low Forecast---$-0.04$-0.06$-0.07$-0.08$-0.09$-0.09$-0.10$-0.11$-0.09$-0.11$-0.13$-0.14$-0.13$-0.19$-0.17$-0.20$-0.24$-0.47$-0.14$-0.17$-0.20$-0.26$-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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CHPTChargePoint$1.16$2.45111.21%Buy
BBYBest Buy$86.85$99.8915.01%Buy
WOOFPetco Health and Wellness$3.95$4.5314.68%Buy
DKSDICK'S Sporting Goods$225.21$244.178.42%Buy
AZOAutoZone$3.28K$3.40K3.58%Buy
ULTAUlta Beauty$435.31$427.50-1.79%Hold
WSMWilliams-Sonoma$187.71$147.00-21.69%Hold
RHRH$413.70$319.00-22.89%Buy

CHPT Forecast FAQ

Is ChargePoint a good buy?

Yes, according to 16 Wall Street analysts, ChargePoint (CHPT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 62.50% of CHPT's total ratings.

What is CHPT's price target?

ChargePoint (CHPT) average price target is $2.45 with a range of $1.25 to $4, implying a 111.21% from its last price of $1.16. The data is based on 16 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 111.21% (from the last price of $1.16 to the average price target of $2.45), up by 244.83% based on the highest stock price target, and up by 7.76% based on the lowest stock price target.

Can ChargePoint stock reach $2?

CHPT's average twelve months analyst stock price target of $2.45 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 72.41% from its last price of $1.16. Compared to the last 3 and 12 months, the average price target increased by 72.41% and increased by 156.90%, 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 $617.75M (high $646.1M, low $577.72M), average EBITDA is $-472M (high $-441M, low $-493M), average net income is $-154M (high $-141M, low $-164M), average SG&A $349.58M (high $365.62M, low $326.93M), and average EPS is $-0.355 (high $-0.325, low $-0.376). CHPT's analysts financial forecasts for the fiscal year (Jan 2028) are as follows: average revenue is $818.34M (high $855.9M, low $765.32M), average EBITDA is $-625M (high $-584M, low $-653M), average net income is $-109M (high $-99.666M, low $-115M), average SG&A $463.1M (high $484.35M, low $433.09M), and average EPS is $-0.25 (high $-0.229, low $-0.265).

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 $-358M by 7.91%. The company's net income was $-458M, beating the average estimation of $-351M by 30.26%. 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 $-91.447M by -28.10%. ChargePoint's net income was $-94.747M, missing the average estimation of $-99.573M by -4.85%. 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%