Analyst Note
| Brett Castelli |We maintain our $11 fair value estimate for no-moat ChargePoint following the company's fiscal 2024 first-quarter results. We view the shares as fairly valued in light of our Very High Morningstar Uncertainty Rating.
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
We maintain our $11 fair value estimate for no-moat ChargePoint following the company's fiscal 2024 first-quarter results. We view the shares as fairly valued in light of our Very High Morningstar Uncertainty Rating.
ChargePoint designs, develops, and markets networked electric vehicle charging system infrastructure and cloud-based services that enable consumers to locate, reserve, and authenticate EV charging. The company’s hardware product lineup includes solutions across home, commercial, and fast-charging applications. ChargePoint derives the majority of its revenue from the United States.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of CHPT’s competitive advantage.
ChargePoint Holdings Inc Ordinary Shares - Class A
XNYS: CHPT
| Tesla Inc
XNAS: TSLA
| Shoals Technologies Group Inc Ordinary Shares - Class A
XNAS: SHLS
| EVgo Inc Class A
XNAS: EVGO
| |
Price
| 9.61 | 234.86 | 24.47 | 4.35 |
Currency
| USD | USD | USD | USD |
Change
| −$0.17 (1.74%) | +$10.29 (4.58%) | +$0.36 (1.49%) | −$0.01 (0.23%) |
Market Cap
| 3.39 Bil | 744.39 Bil | 4.16 Bil | 443.91 Mil |
Industry
| Specialty Retail | Auto Manufacturers | Solar | Specialty Retail |
Sector
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Consumer Cyclical
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Consumer Cyclical
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Technology
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Consumer Cyclical
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* Trading data in this section is delayed by at least 15 minutes.
No. CHPT does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
CHPT’s market cap is 3.39 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
CHPT’s stock style is Small Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
CHPT’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare CHPT’s historical performance against its industry peers and the overall market.