Posted 11/22/2023, 10:50:04 PM
ChargePoint Stock Struggles Amid Broader Market Gains Ahead of Q3 Earnings
- ChargePoint Holdings (CHPT) stock closed flat while broader markets were up
- CHPT stock has fallen 28.88% over the past month, underperforming its sector and indexes
- CHPT is expected to report earnings on December 6th, with projections of a 29.41% EPS decline
- For the full year, consensus forecasts call for a 2.86% EPS decline but 13.41% revenue growth
- CHPT currently has a Zacks Rank of #4 (Sell), reflecting analyst pessimism about near-term business trends