ChargePoint Holdings Inc (CHPT)
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
$9.89+8.92%
Close 2026-09-04 · 1-day change
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
Broken: Primary pillar broken — Quarterly revenue within $90M to $110M guidance range: Q2 FY27 rev $116.1M vs $110M target.
ChargePoint grows revenue within its $90M to $110M quarterly guidance. Revenue rose from $97.6M to $101.8M in the last year. Operating losses have improved by $6.7M, showing progress toward profitability. Increased EV demand supports future growth.
ChargePoint remains loss-making with weak profit margins. Recent EPS missed by 73%. Revenue growth risks and cost controls threaten future results.
The market prices in about 10% revenue growth but the stock trades 62% below consensus price. Our fair value aligns with consensus, reflecting skepticism on profitability and growth sustainability.
Breaks if: Gross profit falls below $28M next quarter
Focus on increasing GAAP and non-GAAP gross margins through operational efficiencies and tariff benefits.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This is a speculative growth investment with a focus on the Consumer Discretionary sector. The current thesis state is cautious, as the company has shown some recent improvements but still faces significant challenges.
The market appears to be pricing in a level of fragility, as CHPT has an expensive valuation compared to its peers. There is an expectations gap, indicating that investors may not fully believe in the company's ability to sustain its recent positive momentum.
Management has made progress in achieving revenue growth and improving gross profit margins, which could support a more stable financial performance in the near term. However, the company remains loss-making, and its recent financial performance is still below that of its industry peers.
The long-term thesis hinges on management's ability to maintain revenue growth and improve margins while navigating external pressures like inflation and sector performance. Key factors include guidance updates and the performance of major sector players.
The most important moves since the prior daily snapshot.
Company momentum rose by 70.6 points (from -47.8 to 22.8).
Composite insight rose by 16.7 points (from -15.4 to 1.3).
Signal changed from 'cautious' to 'mixed'.
Yes, our read has strengthened. The latest earnings beat supports a more favorable outlook. The company also plans to improve gross profit margins and implement a workforce reduction. These actions align with cost management objectives and could enhance financial performance.
as of 2026-09-04
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated as a priority in 3 of last 5 quarters. GAAP gross margin improved from 31% in 2026-Q2 to 36% in 2027-Q2, and non-GAAP gross margin rose from 33% to 38% over the same period. Management's focus on margin improvement is reflected in these gains, indicating delivering progress.
“GAAP gross margin was 36% and non-GAAP gross margin was 38%, up from 31% and 33% last year.”
“GAAP gross margin was 29% and non-GAAP gross margin was 32%, up from 29% and 31% last year.”
“For the fourth fiscal quarter ending January 31, 2026, ChargePoint expects revenue of $100 million to $110 million.”
Breaks if: Operating losses worsen beyond -$53.8M next quarter
Continue to reduce GAAP and non-GAAP operating losses through cost discipline and operational efficiencies.
Stated as a priority in 3 of last 5 quarters. Non-GAAP adjusted EBITDA loss improved significantly from $22.1 million in 2026-Q2 to $4.8 million in 2027-Q2, and GAAP operating expenses decreased from $89.7 million to $76.4 million. Management's cost discipline focus is delivering measurable reductions in operating losses.
“Non-GAAP adjusted EBITDA loss was $4.8 million, down 78% from $22.1 million last year.”
“Non-GAAP adjusted EBITDA loss was $19.2 million, down 16% from $22.8 million last year.”
“GAAP operating expenses were $76.4 million, down 15% from $89.7 million last year.”
Breaks if: Quarterly revenue falls below $90M or above $110M consistently
Continue to grow revenue in line with or above guidance, driven by networked charging systems and subscription services expansion.
Stated as a priority in 5 of last 5 quarters. Revenue grew from $98.6 million in 2026-Q2 to $116.1 million in 2027-Q2, an 18% increase year-over-year, consistently exceeding or meeting guidance ranges. Management has reiterated this growth focus each quarter and the trajectory is delivering.
“Revenue grew 18% year-over-year to $116 million, above the guidance range.”
“Revenue grew 4% year-over-year to $102 million, above the guidance range.”
“For the fourth fiscal quarter ending January 31, 2026, ChargePoint expects revenue of $100 million to $110 million.”
“For the third fiscal quarter ending October 31, 2025, ChargePoint expects revenue of $90 million to $100 million.”
“For the second fiscal quarter ending July 31, 2026, ChargePoint expects revenue of $100 million to $110 million.”
Over the next 1 to 3 years, CHPT's outlook will depend on its operational execution and the broader economic environment. Not investment advice.