ChargePoint Holdings, Inc. (CHPT) closed the most recent trading day at $5.92, moving -5.28% from the previous trading session. This move lagged the S&P 500's daily loss of 0.28%. Elsewhere, the Dow gained 0.26%, while the tech-heavy Nasdaq lost 0.77%.
The company's stock has climbed by 22.07% in the past month, exceeding the Auto-Tires-Trucks sector's loss of 0.88% and the S&P 500's gain of 2.31%.
Market participants will be closely following the financial results of ChargePoint Holdings, Inc. in its upcoming release. The company plans to announce its earnings on September 2, 2026. The company is expected to report EPS of -$0.8, up 43.66% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $104.38 million, indicating a 5.88% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$2.75 per share and revenue of $426.19 million. These totals would mark changes of +39.96% and +3.64%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for ChargePoint Holdings, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. ChargePoint Holdings, Inc. is currently sporting a Zacks Rank of #3 (Hold).
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 167, placing it within the bottom 33% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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ChargePoint Holdings, Inc. (CHPT) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).