From Nasdaq: 2024-04-26 18:15:12

In the latest market close, ChargePoint Holdings, Inc. (CHPT) reached $1.27, with a +0.79% movement compared to the previous day. This change lagged the S&P 500’s 1.02% gain, with the Dow adding 0.4% and the Nasdaq gaining 2.03%. Shares of the company have observed a loss of 33.68% over the previous month, trailing the Auto-Tires-Trucks sector’s loss of 6.37% and the S&P 500’s loss of 3.15%.

Analysts are closely monitoring ChargePoint Holdings, Inc. for its upcoming earnings disclosure. The company’s projected EPS is -$0.12, a 20% increase from the same quarter last year, with revenue estimated at $106.09 million, showing an 18.41% drop compared to the year-ago quarter. Full-year estimates predict earnings of -$0.34 per share and revenue of $551.73 million, indicating changes of +56.96% and +8.9% respectively.

Investors are advised to keep track of any recent shifts in analyst projections for ChargePoint Holdings, Inc., as these revisions often reflect short-term business trends. The Zacks Rank can help capitalize on estimate changes, with the stock currently holding a Zacks Rank of #3 (Hold). The Zacks Rank system has historically outperformed, with stocks rated #1 producing an average annual return of +25% since 1988.

The Automotive – Original Equipment industry, part of the Auto-Tires-Trucks sector, currently has a Zacks Industry Rank of 152, placing it in the bottom 40% of all industries. Leveraging Zacks.com can provide valuable insight into these stock-moving metrics and enhance trading strategies. Visit Zacks.com for further information on ChargePoint Holdings, Inc. and other investment data.

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Read more at Nasdaq: ChargePoint Holdings, Inc. (CHPT) Rises Yet Lags Behind Market: Some Facts Worth Knowing