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CHPT

ChargePoint Holdings NYSE:CHPT Stock Report

Last Price

US$14.76

Market Cap

US$5.0b

7D

0.07%

1Y

-23.6%

Updated

30 Sep, 2022

Data

Company Financials +
CHPT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

CHPT Stock Overview

ChargePoint Holdings, Inc. provides electric vehicle (EV) charging networks and charging solutions in the United States and internationally.

ChargePoint Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ChargePoint Holdings
Historical stock prices
Current Share PriceUS$14.76
52 Week HighUS$28.72
52 Week LowUS$8.50
Beta1.81
1 Month Change-9.28%
3 Month Change16.31%
1 Year Change-23.56%
3 Year Change52.01%
5 Year Changen/a
Change since IPO51.23%

Recent News & Updates

Sep 27
An Intrinsic Calculation For ChargePoint Holdings, Inc. (NYSE:CHPT) Suggests It's 33% Undervalued

An Intrinsic Calculation For ChargePoint Holdings, Inc. (NYSE:CHPT) Suggests It's 33% Undervalued

Today we will run through one way of estimating the intrinsic value of ChargePoint Holdings, Inc. ( NYSE:CHPT ) by...

Sep 22

ChargePoint: This Lightning Charge Will Not Last

Summary The winds are blowing in favor of CHPT, as the worsening geopolitical issues and Inflation Act aggressively boost the global adoption of renewable energies and EVs. CHPT continues to report immense growth across all verticals, with a special focus in the EU due to the ban of ICE vehicle sales by 2035. However, with the Fed's 75 basis point hike in September and hawkish commentary potentially indicating aggressive hikes through 2023, we may see some stock market weaknesses ahead. Therefore, keen investors would be well advised to wait for a meaningful retracement before adding this winning stock for a next decade's portfolio growth. Investment Thesis ChargePoint Holdings, Inc. (CHPT) has obviously rallied in the past few weeks, due to the $7.5B provision from the Inflation Reduction Act and the company's stellar FQ2'23 earnings call/ forward guidance. The company has shown excellent supply chain management by delivering a stellar 35.65% QoQ growth in revenues, though strong demand continues to expand its ending backlog by 26% QoQ. CHPT has also shown a robust increase in its future recurring subscription revenue by 7% QoQ and 74.83% YoY. Thereby, pointing to the durability of consumer demand despite the worsening macroeconomics, since new customers also account for over 30% of its FQ2'23 billings. Impressive. Furthermore, CHPT is growing its global capabilities, with a special focus on the EU, delivering 11% QoQ and 254% YoY growth in sales to $17.3M in the latest quarter, accounting for 16% of its revenues then. With the EU aggressively banning the sale of ICE cars by 2035, we expect to see an immense boom in the region's charging network through the next decade. As a result, ensuring CHPT's top and bottom line growth moving forward. CHPT Continues To Grow-At-All-Costs, Eschewing Profitability For Now S&P Capital IQ In FQ2'23, CHPT reported revenues of $108.3M and gross margins of 16.8%, representing an increase of 93.04% though a decline of -2.4 percentage points YoY, respectively, with the latter attributed to rising component and logistical costs. The company also reported worsening profitability, with net incomes of -$92.7M and net income margins of -85.6% in the latest quarter. It indicates a YoY decline of -9.18% though a moderation of 65.7 percentage points, respectively. Impressive Growth Across Segments Seeking Alpha In the meantime, CHPT reported impressive growth across all verticals, with its networked systems recording an increase in revenue by 41.3% QoQ/ 205.87% YoY and subscriptions by 14.72% QoQ/ 67.55% YoY. Commercial billings also improved by an impressive 45% QoQ and 83% YoY, particularly in the EU, with 24% QoQ and 300% YoY growth in the commercial vertical. In addition, residential billings are up 11% QoQ and 125% YoY, despite the supply chain constraints thus far. S&P Capital IQ Its unprofitability is, again, attributed to CHPT's elevated operating expenses of $108.6M in FQ2'23, representing an increase of 27.76% YoY and 300.83% from FQ2'19 levels. Therefore, it is no wonder that the ratio of its expenses to its growing sales remains lacking, accounting for 104% of its revenues and an eye-watering 597.9% of its gross profits by the latest quarter. S&P Capital IQ At the moment, CHPT's long-term debts remain stable from last quarter at $294.3M with interest expenses of $2.9M in FQ2'23. These debts would also only mature by 2027, giving the company more liquidity during the worsening macroeconomics. In the meantime, CHPT continues to expand its presence by 11.67% YoY to $59.3M of net PPE assets, with a 7% QoQ and 70% YoY growth to 200K of installed base in network ports by FQ2'23. Beyond the 60K managed ports in the EU, the company also partnered with multiple global partners to improve its roaming reach to over 335K ports worldwide by now. Combined with capital expenditure of $5.7M in the latest quarter and the massive boost from Biden's Inflation Reduction Act, we expect to see accelerated future expansion indeed. S&P Capital IQ Therefore, it is natural that CHPT has yet to report positive Free Cash Flow (or FCF) generation thus far, with an FCF of -$68.5M and an FCF margin of -63.3% in FQ2'23. It represented a decline of -250.91% and -14.6 percentage points YoY, respectively. Given its dwindling cash and equivalents of $188.1M and lack of profitability, it is likely that the company may further rely on more debts in the short-term. We shall see. S&P Capital IQ Over the next five years, CHPT is expected to report revenue growth at an impressive CAGR of 55.92% while also reporting net income profitability of $58M by FY2026. The company may also record net income margins of 6.44% by FY2027, representing much improvements from current levels. For FY2023, consensus estimates that CHPT will report revenues of $481M and net incomes of -$257M, representing tremendous YoY growth of 211.55% though a decline of -94.34%, respectively. Given the massive boost from the new regulations, we expect to see a nice upward rerating in its top-line growth ahead, with the management guiding FQ3'23 revenues of up to $135M, indicating an excellent 24.65% QoQ growth. For now, the company is still growing at all costs, thereby still justifying its aggressive cash burn over the next few years, significantly aided by the insatiable demand for EVs reported by multiple automakers. Ford (F), General Motors (GM), and Tesla (TSLA) continue to report massive backorders worth billions through 2023, despite the rising inflation and elevated price tags. As a result, signifying the massive growth for EV charging ahead, as the US EV market grows tremendously from $28.04B in 2021 to $137.4B in 2028 at a CAGR of 25.4%. In the meantime, we encourage you to read our previous article on CHPT, which would help you better understand its position and market opportunities.

Sep 15

ChargePoint: Not The Time To Buy Aggressively Despite Biden's EV Charging Funding Approval

Summary President Biden announced the approval for $900M worth of funding for EV charging infrastructure yesterday. As a result, investors are assessing which EV charging players are primed to benefit. ChargePoint has not seen the need to update its 2024 model, despite the incentives promoted by the Infrastructure Act or the more recent Inflation Reduction Act. We discuss why the US EV market is at an inflection point. But, it's still too early to determine whether the recent policies can help move the needle for ChargePoint. We discuss why we are revising our rating on CHPT stock from Speculative Buy to Hold. Thesis In our pre-earnings article on ChargePoint Holdings, Inc. (CHPT), we presented that it had likely bottomed in the near term and urged investors to add to their positions. Accordingly, CHPT has surged close to our price target ((PT)) of $19, as it outperformed the market in the recent broad market pullback. Therefore, investors who leveraged our previous call can consider using the recent rally to cut some exposure, as CHPT's valuation looks well-balanced now. Yesterday's (September 14) announcement that US President Joe Biden approved the first $900M of funding from the $7.5B Infrastructure Act to build the nationwide EV infrastructure has stoked investors' interest. However, as a reminder, the Act was passed in November 2021, leading to CHPT forming a high in November before collapsing. Therefore, we believe it's appropriate to provide a timely update for investors considering investing in CHPT in response to the recent approval. Our thesis on CHPT remains speculative, as the company has yet to prove that it can operate profitably. Therefore, given the recent surge, and more well-balanced valuation, we are revising our rating from Speculative Buy to Hold. China Is The World's Largest EV Market, But The US Is At A Critical Inflection Point Investors need to note that ChargePoint is a leading AC (Level 2) EV charging player in the infrastructure space focusing on an asset-light operating model. Therefore, it doesn't have to incur massive CapEx costs to scale. In addition, we believe its operating model is helpful in light of the current economic environment. BloombergNEF projected in its early June study that EV sales globally would "more than triple by 2025." China, the global EV market leader, is expected to grow faster than previously estimated. In addition, China's success in driving new electric vehicle (NEV) sales has seen its estimates for 2022 revised upward to 6.62M (above previous estimates of 6M). As a result, China is way past its inflection point in spurring NEV sales, leading to rapid adoption, despite weak consumer spending in China, as NEVs gain share. Therefore, it's critical for investors to assess whether the US EV market is at an inflection point, despite the weakness seen in auto spending in 2022. Bloomberg's study in early July suggests that the US has crossed the 5% BEV share of sales. That threshold is considered a critical hurdle for EV sales to gain rapid adoption, as consumers and manufacturers focus their attention and operations on EVs. Bloomberg highlighted: The US is the latest country to pass what’s become a critical EV tipping point: 5% of new car sales powered only by electricity. This threshold signals the start of mass EV adoption, the period when technological preferences rapidly flip, according to the analysis. - Bloomberg ChargePoint Is An Early Leader In The EV Infrastructure Race Therefore, we deduce that ChargePoint is expected to benefit tremendously from the market share gains of EVs in the US. As a reminder, ChargePoint generated 84% of its sales in North America in its recent Q2 earnings release. Despite that, the company's operating model has not been predicated on the successful rollout of the benefits of the Infrastructure Act or the more recent Inflation Reduction Act (IRA). ChargePoint still expects to reach free cash flow ((FCF)) breakeven by the end of 2024 as it continues to scale. CEO Pasquale Romano has also reiterated several times that he sees no immediate need to update its model despite the incentives driven by the US government to promote EV infrastructure. Moreover, Romano accentuated that he is confident that ChargePoint will continue to grow rapidly even without the IRA or the Infrastructure Act boost. ChargePoint revenue by segment change % (Company filings) As seen above, its networked charging system segment has continued its massive growth in Q2, up 106% YoY. Also, its subscription segment has leveraged the growth in its commercial and fleet sales. Notably, it posted a revenue increase of 68% YoY. Management's Q3 guidance of 100% YoY growth suggests that it continues to see substantial growth opportunities even without the benefits from the IRA or the Infrastructure Act. However, management highlighted that it still sees its supply chain being constrained in the near term, even though it's expected to improve. Our assessment of the global supply chain suggests that these headwinds have improved dramatically over the past three months. Furthermore, freight rates have continued to decline from 2022 highs through September, adding another tailwind for ChargePoint to recover its gross margins.

Shareholder Returns

CHPTUS ElectricalUS Market
7D0.07%-1.2%-2.5%
1Y-23.6%-23.2%-23.2%

Return vs Industry: CHPT matched the US Electrical industry which returned -22.6% over the past year.

Return vs Market: CHPT underperformed the US Market which returned -21.5% over the past year.

Price Volatility

Is CHPT's price volatile compared to industry and market?
CHPT volatility
CHPT Average Weekly Movement12.8%
Electrical Industry Average Movement10.3%
Market Average Movement6.9%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: CHPT is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: CHPT's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20071,679Pat Romanohttps://www.chargepoint.com

ChargePoint Holdings, Inc. provides electric vehicle (EV) charging networks and charging solutions in the United States and internationally. It offers a portfolio of hardware, software, and services for commercial, fleet, and residential customers. The company was founded in 2007 and is headquartered in Campbell, California.

ChargePoint Holdings Fundamentals Summary

How do ChargePoint Holdings's earnings and revenue compare to its market cap?
CHPT fundamental statistics
Market CapUS$5.02b
Earnings (TTM)-US$311.56m
Revenue (TTM)US$334.30m

15.0x

P/S Ratio

-16.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CHPT income statement (TTM)
RevenueUS$334.30m
Cost of RevenueUS$270.50m
Gross ProfitUS$63.80m
Other ExpensesUS$375.36m
Earnings-US$311.56m

Last Reported Earnings

Jul 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.92
Gross Margin19.08%
Net Profit Margin-93.20%
Debt/Equity Ratio75.1%

How did CHPT perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CHPT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CHPT?

Other financial metrics that can be useful for relative valuation.

CHPT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue14.6x
Enterprise Value/EBITDA-16.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CHPT's PS Ratio compare to its peers?

CHPT PS Ratio vs Peers
The above table shows the PS ratio for CHPT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.8x
AYI Acuity Brands
1.3x2.2%US$5.1b
NVT nVent Electric
1.9x-1.0%US$5.3b
ST Sensata Technologies Holding
1.5x8.6%US$5.8b
SPWR SunPower
2.5x14.9%US$4.0b
CHPT ChargePoint Holdings
15x35.0%US$5.0b

Price-To-Sales vs Peers: CHPT is expensive based on its Price-To-Sales Ratio (15x) compared to the peer average (1.8x).


Price to Earnings Ratio vs Industry

How does CHPT's PE Ratio compare vs other companies in the US Electrical Industry?

Price-To-Sales vs Industry: CHPT is expensive based on its Price-To-Sales Ratio (15x) compared to the US Electrical industry average (2x)


Price to Sales Ratio vs Fair Ratio

What is CHPT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CHPT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio15x
Fair PS Ratio5.4x

Price-To-Sales vs Fair Ratio: CHPT is expensive based on its Price-To-Sales Ratio (15x) compared to the estimated Fair Price-To-Sales Ratio (5.4x).


Share Price vs Fair Value

What is the Fair Price of CHPT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CHPT ($14.76) is trading below our estimate of fair value ($21.77)

Significantly Below Fair Value: CHPT is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is ChargePoint Holdings forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


60.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHPT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CHPT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CHPT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CHPT's revenue (35% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: CHPT's revenue (35% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CHPT's Return on Equity is forecast to be low in 3 years time (15%).


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Past Performance

How has ChargePoint Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-28.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CHPT is currently unprofitable.

Growing Profit Margin: CHPT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CHPT is unprofitable, and losses have increased over the past 5 years at a rate of 28.6% per year.

Accelerating Growth: Unable to compare CHPT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CHPT is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (27.4%).


Return on Equity

High ROE: CHPT has a negative Return on Equity (-79.54%), as it is currently unprofitable.


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Financial Health

How is ChargePoint Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CHPT's short term assets ($680.2M) exceed its short term liabilities ($238.8M).

Long Term Liabilities: CHPT's short term assets ($680.2M) exceed its long term liabilities ($415.6M).


Debt to Equity History and Analysis

Debt Level: CHPT has more cash than its total debt.

Reducing Debt: Insufficient data to determine if CHPT's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CHPT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CHPT has sufficient cash runway for 3 years if free cash flow continues to reduce at historical rates of 21.6% each year.


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Dividend

What is ChargePoint Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

ChargePoint Holdings Dividend Yield vs Market
How does ChargePoint Holdings dividend yield compare to the market?
SegmentDividend Yield
Company (ChargePoint Holdings)n/a
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Electrical)2.0%
Analyst forecast in 3 Years (ChargePoint Holdings)0%

Notable Dividend: Unable to evaluate CHPT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CHPT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CHPT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CHPT's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CHPT has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Pat Romano (57 yo)

11.5yrs

Tenure

US$58,679,085

Compensation

Mr. Pasquale Romano, also known as Pat, has been the Chief Executive Officer, President and Director of Chargepoint Holdings, Inc (formerly Switchback Energy Acquisition Corporation and ChargePoint, Inc.)...


CEO Compensation Analysis

Pat Romano's Compensation vs ChargePoint Holdings Earnings
How has Pat Romano's remuneration changed compared to ChargePoint Holdings's earnings?
DateTotal Comp.SalaryCompany Earnings
Jul 31 2022n/an/a

-US$312m

Apr 30 2022n/an/a

-US$304m

Jan 31 2022US$59mUS$500k

-US$299m

Oct 31 2021n/an/a

-US$342m

Jul 31 2021n/an/a

-US$320m

Apr 30 2021n/an/a

-US$329m

Jan 31 2021US$859kUS$454k

-US$274m

Oct 31 2020n/an/a

-US$204m

Jul 31 2020n/an/a

-US$195m

Apr 30 2020n/an/a

-US$133m

Jan 31 2020US$2mUS$500k

-US$134m

Compensation vs Market: Pat's total compensation ($USD58.68M) is above average for companies of similar size in the US market ($USD8.64M).

Compensation vs Earnings: Pat's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: CHPT's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: CHPT's board of directors are seasoned and experienced ( 10.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CHPT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

NYSE:CHPT Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
21 Sep 22SellUS$19,198Lawrence LeeIndividual1,200US$16.00
21 Sep 22SellUS$72,277Colleen JansenIndividual4,517US$16.00
21 Sep 22SellUS$53,099William LoewenthalIndividual3,319US$16.00
21 Sep 22SellUS$240,065Rex JacksonIndividual15,005US$16.00
21 Sep 22SellUS$68,124Eric SidleIndividual4,259US$16.00
21 Sep 22SellUS$38,141Henrik GerdesIndividual2,384US$16.00
21 Sep 22SellUS$228,287Michael HughesIndividual14,269US$16.00
21 Sep 22SellUS$60,162Rebecca ChavezIndividual3,761US$16.00
12 Sep 22SellUS$1,121Rex JacksonIndividual63US$17.79
08 Sep 22SellUS$311,926Henrik GerdesIndividual18,684US$16.69
01 Sep 22SellUS$665,060Henrik GerdesIndividual43,186US$15.40
30 Jun 22SellUS$60,834William LoewenthalIndividual4,434US$13.72
22 Jun 22SellUS$15,185William LoewenthalIndividual1,114US$13.63
22 Jun 22SellUS$26,152Rebecca ChavezIndividual1,919US$13.63
22 Jun 22SellUS$17,284Eric SidleIndividual1,268US$13.63
22 Jun 22SellUS$65,296Michael HughesIndividual4,790US$13.63
22 Jun 22SellUS$107,478Rex JacksonIndividual7,886US$13.63
22 Jun 22SellUS$30,368Colleen JansenIndividual2,228US$13.63
22 Jun 22SellUS$19,775Henrik GerdesIndividual1,451US$13.63
22 Jun 22SellUS$15,183Lawrence LeeIndividual1,114US$13.63
14 Apr 22SellUS$25,690,404Linse Capital LLCCompany1,657,967US$16.22
22 Mar 22SellUS$9,891Henrik GerdesIndividual552US$17.92
22 Mar 22SellUS$44,315Colleen JansenIndividual2,473US$17.92
22 Mar 22SellUS$145,143Rex JacksonIndividual8,100US$17.92
22 Mar 22SellUS$23,636Lawrence LeeIndividual1,319US$17.92
22 Mar 22SellUS$59,795Michael HughesIndividual3,337US$17.92
22 Mar 22SellUS$23,636William LoewenthalIndividual1,319US$17.92
22 Mar 22SellUS$38,885Rebecca ChavezIndividual2,170US$17.92
22 Mar 22SellUS$17,095Eric SidleIndividual954US$17.92
10 Mar 22SellUS$856Rex JacksonIndividual49US$17.47
14 Jan 22SellUS$294,620Lawrence LeeIndividual20,000US$14.73
30 Dec 21SellUS$206,529Rex JacksonIndividual11,000US$18.78
21 Dec 21SellUS$80,457Rebecca ChavezIndividual4,455US$18.06
21 Dec 21SellUS$8,217Henrik GerdesIndividual455US$18.06
21 Dec 21SellUS$190,172Rex JacksonIndividual10,530US$18.06
21 Dec 21SellUS$19,631Lawrence LeeIndividual1,087US$18.06
21 Dec 21SellUS$22,340Eric SidleIndividual1,237US$18.06
21 Dec 21SellUS$56,257Colleen JansenIndividual3,115US$18.06
21 Dec 21SellUS$84,376Michael HughesIndividual4,672US$18.06
21 Dec 21SellUS$203,829William LoewenthalIndividual11,087US$18.42
16 Dec 21SellUS$145,826William LoewenthalIndividual7,350US$19.84
15 Dec 21SellUS$9,362,080Linse Capital LLCCompany468,104US$20.00
14 Dec 21SellUS$11,926,603Linse Capital LLCCompany579,421US$20.72
10 Dec 21BuyUS$249,313Susan HeysteeIndividual12,500US$19.95
10 Dec 21SellUS$477,622Linse Capital LLCCompany23,934US$19.96

Ownership Breakdown

What is the ownership structure of CHPT?
Owner TypeNumber of SharesOwnership Percentage
Private Companies76,7480.02%
State or Government84,0230.02%
Individual Insiders7,463,5922.2%
VC/PE Firms80,948,24023.8%
Institutions109,200,82032.1%
General Public142,094,23241.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.4%.


Top Shareholders

Top 25 shareholders own 49.55% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
11.59%
Linse Capital LLC
39,389,875$581.4m-20.25%93.43%
6.86%
Quantum Energy Partners, LLC
23,320,751$344.2m-0.09%100%
6.2%
The Vanguard Group, Inc.
21,073,357$311.0m7.87%0.01%
5.37%
Braemar Energy Ventures
18,237,614$269.2m0%100%
2.39%
BlackRock, Inc.
8,139,476$120.1m2.38%no data
2.3%
CPP Investments
7,819,268$115.4m0%0.12%
2.07%
Siemens Fonds Invest GmbH
7,041,742$103.9m0%4.22%
1.68%
Goldman Sachs Group, Investment Banking and Securities Investments
5,720,133$84.4m209.62%0.06%
1.35%
Baillie Gifford & Co.
4,581,918$67.6m0.01%0.04%
1.19%
Rho Capital Partners, Inc.
4,053,257$59.8m0%92.7%
0.98%
State Street Global Advisors, Inc.
3,318,077$49.0m-0.88%no data
0.87%
First Trust Advisors LP
2,967,906$43.8m3.2%0.05%
0.81%
Pasquale Romano
2,767,726$40.9m0.05%no data
0.76%
NGP Energy Capital Management, LLC
2,573,365$38.0m0%2.39%
0.68%
Geode Capital Management, LLC
2,304,926$34.0m-1.81%no data
0.65%
Citigroup Inc.,Banking and Securities Investments
2,212,059$32.6m1741.82%0.04%
0.51%
Norges Bank Investment Management
1,722,498$25.4m0%no data
0.49%
Morgan Stanley, Investment Banking and Brokerage Investments
1,663,166$24.5m-0.41%0.01%
0.48%
ALPS Advisors, Inc.
1,647,145$24.3m3.29%0.2%
0.47%
Neuberger Berman Investment Advisers LLC
1,588,896$23.5m-21.93%0.02%
0.46%
Jane Street Group, LLC, Asset Management Arm
1,548,438$22.9m389.21%0.05%
0.42%
Charles Schwab Investment Management, Inc.
1,411,659$20.8m0.79%0.01%
0.37%
Invesco Capital Management LLC
1,256,329$18.5m1.69%0.02%
0.31%
Joshua Ruch
1,049,573$15.5m0%no data
0.29%
Susquehanna International Group, LLP, Asset Management Arm
992,959$14.7m-16.81%0.04%

Company Information

ChargePoint Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: ChargePoint Holdings, Inc.
  • Ticker: CHPT
  • Exchange: NYSE
  • Founded: 2007
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: US$5.016b
  • Shares outstanding: 339.87m
  • Website: https://www.chargepoint.com

Number of Employees


Location

  • ChargePoint Holdings, Inc.
  • 240 East Hacienda Avenue
  • Campbell
  • California
  • 95008
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHPTNYSE (New York Stock Exchange)YesCommon StockUSUSDSep 2019
CHPT *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNSep 2019
7U6DB (Deutsche Boerse AG)YesCommon StockDEEURSep 2019
C2HP34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 3 REPR 1 COMBRBRLJan 2022

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/07/31
Annual Earnings2022/01/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.