ChargePoint Holdings Inc CHPT

IndustrialsMachinery, Tools, Heavy Vehicles, Trains & ShipsUnited States of America

Last close 9.22 USD on Nov 1, 2026, +43.7% year to date

Quant rating

Quant rating C Rank 292 of 486 in Industrials

Growth C 208 of 486
Valuation D 477 of 486
Quality C 317 of 486
Revisions A 48 of 486
Momentum C 236 of 486

Wall Street consensus Hold (3.00)Average target 7.30 USD −20.8%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 256M
Enterprise value: 398M
52-week range: 4.44 – 11.25
3-year range: 4.44 – 66.40
Dividend yield: –
Beta (5 years): 1.61
Shares outstanding: 26.9M
Next earnings: Dec 2, 2026

About the company

ChargePoint Holdings, Inc. is a provider of electric vehicle (EV) charging technology solutions. The Company is driving the transition to electric mobility across North America and Europe. It offers a comprehensive portfolio of charging solutions. The ChargePoint cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types. Its hardware, software, and services are designed to scale alongside the EV ecosystem, serving the needs of three core customer groups: Charge Point Operators (CPOs), e-Mobility Service Providers, and EV drivers. Its portfolio includes Networked Charging System Portfolio, Advanced ChargePoint Platform, ChargePoint CMS Service, ChargePoint eMSP Service, ChargePoint Mobile App and ChargePoint Services and Support Portfolio. It powers over 342,000 active charging ports.

Growth and profitability

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	411	417	507	468	241	–
Revenue growth	−1.4%	−17.7%	8.2%	94.2%	64.5%	22.9%
EPS (basic, normalized)	−4.56	−7.60	−15.80	−14.00	−12.20	–
EPS growth	–	–	–	–	–	–
Gross margin	30.5%	24.1%	19.8%	18.4%	22.2%	23.0%
Net margin	−53.5%	−66.4%	−90.3%	−73.7%	−124.1%	−81.6%
ROE	−277.4%	−119.1%	−134.1%	−76.5%	−48.4%	−131.1%

Balance sheet, last quarter
Cash & short-term investments (mil)	95.3
Current ratio	1.07x
Long-term debt (mil)	219
Net debt (mil)	142
Total equity (mil)	−36.1
Net debt / equity	−3.92x
Net debt / EBITDA	−1.71x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	411	−1.4%	1.0x	−82.7	+37.8%	−4.8x	−4.56	+40.0%	−2.0x
2027	444	+7.9%	0.9x	−39.3	+52.4%	−10.1x	−1.98	+56.6%	−4.7x
2028	504	+13.6%	0.8x	−13.8	+64.8%	−28.7x	−1.15	+42.0%	−8.0x
2029	622	+23.5%	0.6x	18.7	+235.1%	21.3x	0.29	+125.3%	31.8x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	444	0.0%	+3.1%	+5.7%	−1.98	0.0%	+34.1%	+44.9%
2028	504	0.0%	+3.8%	+2.9%	−1.15	0.0%	+43.4%	+52.0%
2029	622	0.0%	+8.5%	+5.5%	0.29	0.0%	+141.4%	+134.3%

Earnings surprises EPS beat in 3 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Sales reported (mil)	107	109	99.6	102	97.6	98.6	106	109	102	116
Sales mean (mil)	106	114	89.8	102	101	96.5	96.7	105	96.4	105
Surprise	+1.2%	−4.5%	+10.9%	+0.2%	−2.9%	+2.1%	+9.3%	+4.4%	+5.6%	+10.3%
EPS reported	−2.00	−2.00	−2.00	−1.40	−1.20	−1.42	−1.32	−0.55	−0.74	−0.35
EPS mean	−2.55	−1.92	−1.91	−1.53	−1.16	−1.21	−1.31	−1.03	−1.01	−0.84
Surprise	+21.6%	−4.4%	−4.7%	+8.7%	−3.4%	−17.7%	−0.5%	+46.5%	+27.1%	+58.5%

Peer comparison Machinery, Tools, Heavy Vehicles, Trains & Ships

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
CHPT ChargePoint Holdings Inc	256M	−1.71x	−53.5%	−7.10x	−4.7x	−8.0x	−10.1x	−28.7x
BE Bloom Energy Corporation	60.1B	0.75x	−4.4%	31.06x	62.3x	37.4x	56.7x	31.1x
VICR Vicor Corporation	8.8B	−5.00x	29.1%	9.73x	51.0x	30.9x	39.3x	21.4x
PLPC Preformed Line Products Co	1.4B	−0.54x	5.3%	2.77x	24.1x	22.4x	12.0x	11.0x
ALNT Allient Inc	1.5B	1.71x	4.0%	4.66x	33.6x	27.6x	18.7x	16.1x
SHLS Shoals Technologies Group, Inc.	1.2B	1.82x	7.1%	1.96x	16.4x	12.8x	11.3x	9.1x
Mean		−0.50x	−2.1%	7.18x	30.4x	20.5x	21.3x	10.0x
Median		0.10x	4.6%	3.71x	28.9x	25.0x	15.3x	13.6x

Technical analysis

1M+9.2%
3M+78.7%
1Y−12.1%
3Y−80.8%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, ChargePoint Holdings Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	411	417	507	468	241	146
Cost of revenue	286	316	407	382	187	114
Gross profit	126	101	100	85.9	53.5	32.9
Selling, general & administrative expenses	196	206	255	233	169	78.9
Research & development	139	138	213	195	145	75.0
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	−11.2	8.9	82.0	–	5.0	–
Other operating expenses	0	0	0	0	0	0
Operating income	−199	−253	−450	−342	−265	−121
Net interest income (expense)	−19.4	−16.3	−6.7	−3.9	7.8	−76.1
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	2.1	−3.4	−1.0	−1.6	122	0.2
Net income before taxes	−216	−273	−458	−347	−135	−197
Provision for taxes	4.0	4.4	0	−2.2	−2.9	0.2
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−220	−277	−458	−345	−132	−197
Extraordinary items	–	–	–	–	–	–
Net income	−220	−277	−458	−345	−132	−197
EBIT, normalized	−210	−243	−367	−342	−260	−121
EBITDA, normalized	−183	−214	−339	−317	−244	−111
Basic EPS, normalized	−4.56	−7.60	−15.80	−14.00	−12.20	–

Balance sheet in millions of USD, fiscal years

Balance sheet, ChargePoint Holdings Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	142	225	327	369	315	145
Receivables	86.1	95.9	124	165	75.9	35.1
Total inventory	215	209	199	68.7	35.9	33.6
Prepaid expenses	6.0	16.0	43.4	48.5	17.0	12.1
Other current assets	13.4	20.9	49.3	53.0	20.1	0.4
Total current assets	462	567	743	704	464	227
Property, plant & equipment	36.1	50.0	57.8	62.3	60.1	51.8
Goodwill	228	208	214	214	218	1.2
Intangibles	60.5	66.2	80.6	92.7	107	–
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	5.6	7.8	8.6	7.1	6.0	10.5
Total assets	792	898	1,103	1,080	856	290
Liabilities
Accounts payable	90.1	64.0	71.1	62.1	27.6	19.8
Payable/accrued	–	–	–	–	–	–
Accrued expenses	112	100	119	85.9	61.3	37.8
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	32.4	–	–	–	0	10.2
Other current liabilities	149	129	141	136	100	50.3
Total current liabilities	384	294	330	284	189	118
Long-term debt	228	297	284	295	0	24.7
Minority interest	–	–	–	–	–	–
Other liabilities	159	170	162	146	120	148
Total liabilities	771	761	776	725	309	291
Shareholders' equity
Preferred stock	–	0	–	–	–	–
Common stock	0	0	0	0	0	0
Additional paid-in capital	2,129	2,054	1,958	1,528	1,367	62.7
Retained earnings (accumulated deficit)	−2,112	−1,891	−1,614	−1,157	−812	0.2
Treasury stock	–	–	–	–	–	–
Other equity	4.2	−25.4	−15.9	−16.4	−8.2	−63.7
Total equity	21.3	137	328	355	547	−0.8
Total liabilities & shareholders' equity	792	898	1,103	1,080	856	290

Cash flow statement in millions of USD, fiscal years

Cash flow statement, ChargePoint Holdings Inc, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	−220	−277	−458	−345	−132	−197
Depreciation, depletion & amortization	27.0	29.2	28.5	25.1	16.5	10.1
Deferred taxes	–	–	–	–	−3.3	–
Non-cash items	81.9	118	203	117	−55.1	84.9
Changes in working capital	48.4	−17.5	−103	−64.3	17.1	10.2
Cash from operations	−62.8	−147	−329	−267	−157	−91.8
Investing activities
Capital expenditures	−4.2	−12.1	−19.4	−18.6	−16.4	−11.5
Other investing cash flows	0	0	105	−108	−205	47.0
Cash from investing	−4.2	−12.1	85.6	−126	−222	35.5
Financing activities
Financing cash flow items	22.4	7.8	7.3	11.1	462	−4.0
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−42.4	20.7	299	362	87.7	133
Cash from financing	−20.0	28.5	307	373	550	129
Foreign exchange effects	4.0	−2.4	0.1	−0.7	−1.0	0.1
Net change in cash	−83.0	−133	63.2	−21.1	170	72.7
Free cash flow	−67.0	−159	−348	−286	−174	−103

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.