ChargePoint (NYSE:CHPT) Price Target Cut to $5.00 by Analysts at JPMorgan Chase & Co.

ChargePoint (NYSE:CHPT) had its target price decreased by JPMorgan Chase & Co. from $8.00 to $5.00 in a research note released on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has an underweight rating on the stock.

Several other equities research analysts also recently weighed in on CHPT. B. Riley Financial decreased their target price on shares of ChargePoint from $12.50 to $11.00 and set a “neutral” rating for the company in a research note on Wednesday, December 10th. Roth Mkm set a $8.50 price objective on ChargePoint and gave the company a “neutral” rating in a research note on Friday, December 5th. Royal Bank Of Canada cut their price objective on shares of ChargePoint from $9.00 to $6.50 and set a “sector perform” rating for the company in a research report on Thursday. Weiss Ratings reiterated a “sell (e+)” rating on shares of ChargePoint in a research note on Wednesday, January 21st. Finally, UBS Group reissued a “neutral” rating and set a $9.00 price target (down from $12.00) on shares of ChargePoint in a report on Monday, December 22nd. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, ChargePoint has an average rating of “Reduce” and a consensus price target of $11.60.

ChargePoint Price Performance

CHPT stock opened at $5.92 on Thursday. The company has a market capitalization of $140.03 million, a P/E ratio of -0.63 and a beta of 1.40. ChargePoint has a twelve month low of $5.53 and a twelve month high of $17.78. The business has a 50 day simple moving average of $6.47 and a 200-day simple moving average of $8.80. The company has a current ratio of 1.59, a quick ratio of 0.93 and a debt-to-equity ratio of 8.38.

ChargePoint (NYSE:CHPT) last announced its earnings results on Wednesday, March 4th. The company reported ($1.85) EPS for the quarter, missing analysts’ consensus estimates of ($1.07) by ($0.78). The business had revenue of $109.32 million during the quarter, compared to analyst estimates of $104.85 million. ChargePoint had a negative net margin of 53.55% and a negative return on equity of 226.42%. As a group, equities analysts anticipate that ChargePoint will post -0.57 EPS for the current year.

Insider Activity

In other news, CFO Mansi Khetani sold 3,943 shares of ChargePoint stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $6.99, for a total transaction of $27,561.57. Following the completion of the sale, the chief financial officer directly owned 130,363 shares in the company, valued at approximately $911,237.37. This trade represents a 2.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jagdeep Ca Singh sold 4,832 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $6.99, for a total value of $33,775.68. Following the completion of the sale, the insider owned 124,627 shares in the company, valued at approximately $871,142.73. This represents a 3.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,670 shares of company stock valued at $88,534 in the last quarter. Company insiders own 3.50% of the company’s stock.

Institutional Trading of ChargePoint

Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its position in shares of ChargePoint by 61.8% in the first quarter. Goldman Sachs Group Inc. now owns 3,790,823 shares of the company’s stock valued at $2,293,000 after buying an additional 1,448,114 shares in the last quarter. AQR Capital Management LLC grew its stake in ChargePoint by 6,429.1% in the 1st quarter. AQR Capital Management LLC now owns 2,679,217 shares of the company’s stock valued at $1,553,000 after acquiring an additional 2,638,182 shares during the last quarter. Invesco Ltd. increased its holdings in ChargePoint by 18.4% during the 2nd quarter. Invesco Ltd. now owns 2,483,139 shares of the company’s stock valued at $1,746,000 after acquiring an additional 385,258 shares in the last quarter. Soviero Asset Management LP acquired a new position in ChargePoint during the second quarter worth about $633,000. Finally, XTX Topco Ltd raised its position in ChargePoint by 75.5% during the second quarter. XTX Topco Ltd now owns 856,654 shares of the company’s stock worth $602,000 after acquiring an additional 368,418 shares during the last quarter. 37.77% of the stock is currently owned by hedge funds and other institutional investors.

More ChargePoint News

Here are the key news stories impacting ChargePoint this week:

• Positive Sentiment: Q4 revenue beat and core growth — ChargePoint reported Q4 sales of ~$109.3M (up ~7% Y/Y), driven by gains in networked charging systems and subscriptions, signaling underlying demand improvement. ChargePoint Q4 Earnings Beat Estimates
• Positive Sentiment: Operational progress cited on the call — management highlighted improved operational efficiency and a narrower loss trajectory vs prior periods, which some investors view as early signs of margin discipline. Q4 Earnings Call Highlights
• Neutral Sentiment: Analyst round-up shows mixed views — a Benzinga deep dive summarizes four analyst ratings with differing price targets and sentiment, underscoring no consensus. Analyst Perspectives
• Neutral Sentiment: RBC trims target but keeps sector perform — RBC cut its PT to $6.50 (from $9) and retained a sector?perform rating, reflecting tempered near?term expectations but not a full sell stance. RBC Adjusts Price Target
• Negative Sentiment: Big EPS miss and weak Q1 guidance drove the selloff — CHPT reported GAAP EPS of -$1.85 (missing estimates) and issued Q1 FY2027 revenue guidance of $90–$100M versus consensus ~$105M, a clear near?term disappointment. That guidance was the primary catalyst for downward pressure. Q4 Sales Top Estimates But Stock Drops
• Negative Sentiment: JPMorgan downgrade increases downside risk — JPMorgan cut its price target to $5.00 and moved to an underweight rating, signaling expectations for further near?term weakness. JPMorgan Downgrade (Benzinga)
• Negative Sentiment: Persistent losses and funding risk flagged — commentary from analysts (Seeking Alpha) warns operating losses remain large, seasonal cash swings could be temporary, and another capital raise may be needed, which would dilute shareholders. The Misery Continues

ChargePoint Company Profile

ChargePoint (NYSE: CHPT) is a leading provider of electric vehicle (EV) charging solutions that designs, develops and markets charging hardware, software and services. The company’s portfolio includes Level 2 AC charging stations for residential, commercial and fleet applications, as well as DC fast charging systems suited for retail, hospitality and public use. ChargePoint’s integrated platform enables site hosts to manage charging infrastructure through cloud-based monitoring, analytics and billing tools, while EV drivers access and control charging sessions via a mobile app or RFID card.

Since its founding in 2007 and headquarters in Campbell, California, ChargePoint has built one of the largest open EV charging networks in the world.