Is ChargePoint stock a good buy?
Key Data Points. ChargePoint stock is trading at a forward price-to-sales ratio of nearly 7, which compares favorably with a ratio of 16 for Blink Charging and 20 for EVgo. In short, if you are looking to invest in an EV charging company, ChargePoint looks like the better bet.
Will ChargePoint be profitable?
The company is also unprofitable and is expected to remain unprofitable through at least the end of 2024. ChargePoint is investing for growth, building out its network of charging stations and services rather than concentrating on earning profits today.
Is ChargePoint stock undervalued?
Chargepoint Hldgs shows a prevailing Real Value of $18.48 per share. The current price of the firm is $14.03. At this time, the firm appears to be undervalued....USD 14.03 1.48 11.79%LowEstimated ValueHigh8.0014.1120.22
Is ChargePoint growing?
ChargePoint's growth is related to EV penetration Though the pandemic impacted ChargePoint's sales in the company's fiscal year 2021 (ending Jan. 31, 2021), the sales rebounded in fiscal year 2022. Passenger EV sales in the U.S. are expected to grow at a compound annual growth rate (CAGR) of 41% from 2020 to 2026.
Does Tesla work with ChargePoint?
Yes, all Tesla vehicles can charge at a ChargePoint station. Tesla vehicles use a different charger than the standard plugs at ChargePoint, so you'll need an adapter. For standard charging, you can use the adapter that came with the vehicle if you still have it. But for fast charging, you'll need a CHAdeMO adapter.
What is the best EV charging company stock?
ChargePoint. Kicking off our list today is ChargePoint. ... Blink Charging. Following that, we have Blink Charging.Wallbox. Another notable EV charging stock worth watching is Wallbox. ... EVgo. Finally, we have EVgo, a company that owns and operates the nation's largest public direct current fast-charging network.
Is ChargePoint stock forecast?
Stock Price Forecast The 19 analysts offering 12-month price forecasts for ChargePoint Holdings Inc have a median target of 20.00, with a high estimate of 46.00 and a low estimate of 12.00. The median estimate represents a +40.06% increase from the last price of 14.28.
Is ChargePoint a sell?
ChargePoint is expected to reach $378 million in revenue by 2023, which means CHPT stock is currently valued at a future Price to Sales ratio of 12....Company.CompanyTTM RevenueChargePoint (NASDAQ:CHPT)$204 millionEVgo (NASDAQ:EVGO)$19 millionVolta (NYSE:VLTA)$28 millionBlink Charging (NASDAQ:BLNK)$15 millionFeb 18, 2022
Does ChargePoint pay a dividend?
ChargePoint Holdings (CHPT) does not pay a dividend.
Why is ChargePoint rising?
“We had numerous successes in our first year as a publicly traded company, including a 65% year over year increase in annual revenue, two strategic acquisitions, expansion of our activated [charging] port count by over 60%.” ChargePoint has 174,000 EV charging ports active in the U.S. and Europe.