ChargePoint Holdings Inc - Ordinary Shares - Class A Stock News

The electric vehicle (EV) market is still in its infancy in the U.S., with plenty of room for small companies to stake a claim and establish themselves as key players. ChargePoint Holdings (CHPT 4.51%) is trying to do just that with its EV chargers, but it's been an uphill battle for the company amid lackluster sales and a precarious EV market.

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE:CHPT), a leading provider of electric vehicle (EV) charging solutions, today announced it will release financial results for the first quarter of fiscal year 2026, which ended April 30, 2025, on June 4, 2025. ChargePoint will host a conference call to review the company's financial results at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) on...

In today's video, I analyze ChargePoint (CHPT 2.79%), which sells EV charging hardware and software. With the stock down 58% over the past six months, I examine its latest financial performance, industry challenges like slowing EV adoption and Trump's new tariffs, and explain why I'm skeptical about the company's prospects in the coming year.

Many electric vehicle (EV) stocks soared to their all-time highs during the buying frenzy in meme stocks in 2021. But in 2022 and 2023, many of those stocks crumbled as rising interest rates curbed the growth of the EV market, compressed their lofty valuations, and drove investors toward more conservative investments.

ChargePoint (CHPT -0.95%), a leading builder of electric vehicle charging stations in North America and Europe, has disappointed a lot of investors. It went public by merging with a special purpose acquisition company (SPAC) just over four years ago, and it opened at $32.30 per share on its first day.

With the market reeling over the past week, many investors are no doubt on the hunt for a few good deals. The electric vehicle market holds a lot of long-term promise, even if recent growth hasn't matched previous expectations, and one EV stock that's caught some investors' attention recently is ChargePoint Holdings (CHPT 1.81%).

ChargePoint (CHPT 1.81%) has had a difficult journey since its public debut in 2021. The company initially rode the wave of excitement as the electric vehicle (EV) revolution gained momentum, with automakers pivoting toward EVs, spurring demand for charging infrastructure.

With the current volatility that's roiling the markets, it's easy to find yourself overwhelmed with the flurry of facts and figures. During times like this, in fact, it's best to remember a sage bit of advice: Keep things simple.