ChargePoint stock has plummeted, but signs of improvement and potential growth may lead to rebound

From Nasdaq: 2025-04-21 05:52:00

ChargePoint (NYSE: CHPT) has seen its stock price plummet from its IPO high of $32.30 to less than $0.60. With declining growth, increased competition, and significant losses, the company faces delisting if its stock price doesn’t recover above $1. But there may still be hope for a turnaround.

ChargePoint operates in the EV charging space, managing over 342,000 charging ports, with a focus on connected charging stations for property hosts. Tesla, a competitor, operates standalone Superchargers, making ChargePoint’s business model unique. Despite recent challenges, ChargePoint is looking to stabilize and potentially turn a profit in the future.

Recent financials for ChargePoint show declining revenue and widening losses, but signs of improvement appear in fiscal 2025. With positive adjusted EBITDA expectations for fiscal 2026 and potential growth ahead, the company’s stock could see a rebound. Short interest and insider buying may also impact the stock price.

While ChargePoint remains a risky investment, positive results and a clearer outlook could lead to a surge in its stock price. Investors should consider the potential for growth and positive developments in the EV charging market, as well as the company’s path to profitability. It may be worth keeping an eye on ChargePoint for future investment opportunities.



Read more at Nasdaq: Here’s Why ChargePoint Stock Is a Buy Before the End of May