From Nasdaq: 2024-11-22 18:15:02

ChargePoint Holdings, Inc. (CHPT) closed at $1.15, up 1.77% from the previous day. The stock outperformed the S&P 500 and Nasdaq but trailed the Auto-Tires-Trucks sector. Earnings report on December 4, 2024, is expected to show EPS of -$0.09 and revenue of $89.68 million, down from last year’s figures.

Analysts are closely monitoring ChargePoint Holdings, Inc.’s earnings performance. Estimates project -$0.38 EPS and $416.61 million revenue for the full year, with recent forecast revisions impacting stock prices. The Zacks Rank system, currently at #4 (Sell), has a track record of outperforming with a 25% average annual return since 1988.

The Automotive – Original Equipment industry ranks 184 out of 250+ industries, in the bottom 27%. Top-rated industries outperform the bottom half by 2 to 1, with Zacks.com offering stock-moving metrics to monitor. Investors can access a report on 5 stocks set to double in 2024, with potential gains of over 100%.



Read more at Nasdaq: ChargePoint Holdings, Inc. (CHPT) Outperforms Broader Market: What You Need to Know