ChargePoint Stock Falls on Earnings Miss Despite Recent Estimate Revisions
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ChargePoint Holdings (CHPT) stock fell despite market gains. The company missed EPS and revenue estimates.
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CHPT stock has lagged the broader market recently, down nearly 50% over the past month.
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Upcoming earnings will be important for CHPT. Consensus estimates call for improved EPS and revenue growth.
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Stock price often reacts to changes in earnings estimates. Recent estimate revisions for CHPT have been positive overall.
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Zacks Ranking system uses earnings estimate changes to generate stock recommendations. CHPT currently has a Zacks Rank #4 (Sell).