ChargePoint Holdings Inc Ordinary Shares - Class A
CHPT: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$1.51 | Jzn | Pryyxmj |
ChargePoint Earnings: Focus on Profitability Likely to Require Further Cost Reductions
We've lowered our fair value estimate for no-moat ChargePoint to $2 per share from $2.50 following the company’s fiscal 2025 first-quarter results. The driver of our lower valuation is a reduced long-term revenue forecast, as we expect the company’s constrained balance sheet to necessitate prioritizing profitability over growth. We view the shares as fairly valued.