ChargePoint Holdings Inc Ordinary Shares - Class A
CHPT: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$4.28 | Mqp | Gzdwznrn |
ChargePoint's Focus on Profitability Will Likely Require Further Operating Cost Reductions
Business Strategy and Outlook
ChargePoint is a leading provider of networked electric vehicle charging hardware and software. The EV charging industry consists of three broad categories of companies: hardware providers, integrators (software providers), and asset owners. ChargePoint focuses on providing integrated hardware and software product offerings and rarely owns assets. It pursues a closed-loop approach—only selling its hardware with its network software attached—which we view as unique among its peers.