ChargePoint jumps after Q3 revenue beat estimates

ChargePoint Holdings

05/12/2025 10:23

** Shares of EV charging network operator ChargePoint Holdings' CHPT.N up 11.3% at $9.46 after Q3 revenue beat estimates

** Co posts Q3 rev. of $105.7 mln, above analysts’ expectations of $96.7 mln – data compiled by LSEG

** “Our debt exchange in November and partnerships like Eaton position us to accelerate growth and lead the future of e-mobility,” CEO Rick Wilmer says

** Posts adj net loss of $30.2 mln, down 26% from $40.7 mln in the year ago quarter

** Average rating of 11 analysts on the stocks is a "hold"; median PT at $11 - data compiled by LSEG

** CHPT down 60.2% YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))