ChargePoint Outperforms Market with 1.36% Gain Ahead of Q1 Results
ChargePoint shares rose 1.36% to $5.95, outperforming the S&P 500’s 0.56% gain and Nasdaq’s 0.78% advance. The stock has fallen 11.99% over the past month as investors await March 4 earnings, with consensus estimates of -$1.07 EPS on $104.61 million revenue.
1. Today's Market Performance
ChargePoint shares rose 1.36% to $5.95 in the latest session, outpacing the S&P 500’s 0.56% gain, the Nasdaq’s 0.78% advance and the Dow’s 0.26% increase.
2. One-Month Trend
Over the past month, ChargePoint stock has declined 11.99%, underperforming the Auto-Tires-Trucks sector’s 2.23% drop and the S&P 500’s 1.27% loss.
3. Upcoming Q1 Earnings
The company will report Q1 results on March 4, with analysts forecasting EPS of -$1.07 and revenue of $104.61 million, representing year-over-year growth in both metrics.
4. Full-Year Forecast and Analyst Rating
For the full year, consensus estimates call for -$5.08 EPS on $406.51 million revenue; analysts maintain a neutral consensus rating while the automotive equipment industry sits in the bottom 45% of peers.