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CHPT — ChargePoint Holdings News Story

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ChargePoint Q4 revenue rises

Overview

EV charging solutions provider's fiscal Q4 revenue grew 7%, beating analyst expectations

Subscription revenue for fiscal Q4 rose 11% yr/yr

Outlook

ChargePoint expects Q1 fiscal 2027 revenue between $90 mln and $100 mln

Result Drivers

SUBSCRIPTION REVENUE - Subscription revenue grew 11% yr/yr, contributing to improved gross margins

Company press release: ID:nBw66r47Wa

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueBeat$109.32 mln$104.70 mln (8 Analysts)
Q4 Net Income-$44.4 mln
Q4 Gross Margin31%
Q4 Basic EPS-$1.85
Q4 Gross Profit$34.40 mln
Q4 Pretax Profit-$43.05 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 8 "hold" and 2 "sell" or "strong sell" The average consensus recommendation for the electrical components & equipment peer group is "buy." Wall Street's median 12-month price target for ChargePoint Holdings Inc is $9.50, about 46.8% above its March 3 closing price of $6.47 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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