Is ChargePoint a buy or sell?

Is ChargePoint a buy or 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.

Company TTM Revenue
Blink Charging (NASDAQ:BLNK) $15 million

• 18 févr. 2022

Similarly, What sector is ChargePoint?

ChargePoint, Inc. operates as an open electric vehicle charging network. The Company provides cloud-based service plans as annual subscriptions for providing tools, data, payment processing, and driver support.

Is CHPT a buy Zacks? How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.93%
2 Buy 18.44%
3 Hold 9.99%
4 Sell 5.61%

Thereof, Is CHPT a shorted stock?

Short Shares Availability

This table shows the number of shares of US:CHPT available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.

Why is CHPT stock down?

Owners of ChargePoint Holdings ( CHPT 3.54% ) stock needed a strong stomach to end 2021. After a 24% gain to start the fourth quarter in October, shares of the electric-vehicle (EV) charging network company ended the year with a 25.4% drop in December, according to data from S&P Global Market Intelligence.

Can you invest in ChargePoint?

Buy ChargePoint shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.

What companies compete ChargePoint?

ChargePoint’s competitors

ChargePoint’s top competitors include VOLTERIO, Envision Solar, Greenlots and Rightcharge. ChargePoint is a technology company that operates an open electric vehicle charging network.

Does ChargePoint pay dividends?

CHARGEPOINT HOLDINGS (NYSE: CHPT) does not pay a dividend.

Is ChargePoint public?

ChargePoint Holdings (NYSE:CHPT) stock officially became publicly traded in March 2021 after its merger with a SPAC was completed. The stock opened for trading at $28.5..

Is Blnk stock a buy?

Out of 6 analysts, 1 (16.67%) are recommending BLNK as a Strong Buy, 2 (33.33%) are recommending BLNK as a Buy, 3 (50%) are recommending BLNK as a Hold, 0 (0%) are recommending BLNK as a Sell, and 0 (0%) are recommending BLNK as a Strong Sell. What is BLNK’s earnings growth forecast for 2022-2024?

How many shares does Blink charging have?

Blink Charging Co.

Volume 1.57M
Shares Outstanding 42.44M
EPS (TTM) -$1.31
P/E Ratio (TTM) N/A
Dividend Yield N/A

Is ChargePoint shorted?

ChargePoint currently has a short interest ratio of 3.0. Learn More on ChargePoint’s short interest ratio.

What happened with ChargePoint?

On Tuesday, ChargePoint posted a quarterly loss of $69.4 million, which was wider than analysts’ estimates and a year-earlier loss of $40.9 million. Revenue in the quarter rose 79% to $65 million, at the high end of the company’s guidance. Adjusted gross margin in the quarter was 27% vs. 20% in the year-earlier period.

Why is CHPT stock going up?

In its second-quarter fiscal 2022 earnings report, ChargePoint reported stellar numbers, which caused the CHPT stock to jump by nine percent. Revenue then soared by sixty-one percent in the quarter that reached $56.1 million USD.

Is CHPT a good long term investment?

This is a software-as-a-service-focused company that earns more long-term revenue from its software sales rather than its hardware sales. Based on these numbers, it would appear the long-term investment potential of CHPT stock is favorable.

Is CHPT profitable?

Earnings and Revenue History

Quality Earnings: CHPT is currently unprofitable. Growing Profit Margin: CHPT is currently unprofitable.

Who is invested in ChargePoint?

(NYSE: CHPT), a leading electric vehicle (EV) charging network, today announced that Antara Capital LP has agreed to make a $300 million investment in ChargePoint through the purchase of convertible senior notes to support ChargePoint’s growth initiatives.

Is ChargePoint a profitable company?

Can ChargePoint become profitable? The issue with ChargePoint, like other EV charging companies, is that while its revenue is growing, its losses are also mounting. In the third quarter, ChargePoint generated revenue of $65 million. Its net loss for the quarter stood at a loss of $69 million.

Which stock is better ChargePoint or blink?

As we have seen, ChargePoint has not only a larger market cap, but also greater revenue, more charging stations, a better price to sales ratio, and increasing gross profit. Blink demonstrates higher growth potential, but that may be due to its smaller company size.

Does Blink charging pay dividends?

BLINK CHARGING (NASDAQ: BLNK) does not pay a dividend.

Does blink pay dividends?

The current TTM dividend payout for Blink Charging (BLNK) as of March 25, 2022 is $0.00. The current dividend yield for Blink Charging as of March 25, 2022 is 0.00%.

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