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ChargePoint Holdings, Inc. - $CHPT STOCK NEWS

Welcome to our dedicated page for ChargePoint Holdings news (Ticker: $CHPT), a resource for investors and traders seeking the latest updates and insights on ChargePoint Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ChargePoint Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ChargePoint Holdings's position in the market.

Rhea-AI Summary
ChargePoint, a leading provider of networked charging solutions for electric vehicles, has announced enhancements to its software offering for electric and mixed fuel fleets. The software allows drivers to find, use, and pay for charging from a single application, including seamless driver reimbursement for home charging. The new software, derived from in-dash solutions for automotive manufacturers, offers fleet operators optimal fleet management tools and integration options via ChargePoint's open API. With the integration of ChargePoint's Home Flex residential charging station, company EV drivers can charge at home, reducing costs and increasing convenience. The software also provides access to over 900,000 global charging locations and offers enhanced insight into driver performance for fleet operators.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
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Rhea-AI Summary
ChargePoint Holdings, Inc. reported fiscal fourth quarter revenue of $116 million and full fiscal year revenue of $507 million. The company achieved full fiscal year subscription revenue of $120 million, representing a 41% year-over-year growth. ChargePoint guides to first quarter fiscal 2025 revenue of $100 to $110 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.5%
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Rhea-AI Summary
ChargePoint, EnTech Solutions™, and Wells Fargo collaborate to provide financing solutions for EV charging infrastructure, offering a simplified and flexible approach for businesses across the U.S.
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End-of-Day
-1%
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Rhea-AI Summary
AcBel Polytech Inc. collaborates with ChargePoint to develop EV charging solutions, leveraging Kinpo Group's resources. The collaboration aims to combine ChargePoint's leading position in the charging station market with AcBel's power design expertise and Kinpo's manufacturing capabilities to enhance AcBel's presence in the electric mobility market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.74%
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Rhea-AI Summary
ChargePoint (CHPT) and AcBel Polytech Inc. Partner to Develop EV Charging Solutions, Accelerating Product Development and Cost Efficiency
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.74%
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Rhea-AI Summary
ChargePoint (NYSE:CHPT) to release Q4 and full fiscal year 2024 financial results on March 5, 2024. Conference call scheduled for review.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.62%
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Rhea-AI Summary
ChargePoint's global network dispensed over 1 TWh of energy in 2023, a 70% increase year-over-year, reflecting the growing demand for EV charging. The company saw a 53% increase in annual charging sessions, with a 49% year-over-year increase in active drivers. ChargePoint's network has generated over 8 billion electric miles, avoiding over 1.6 million metric tons of greenhouse gas emissions. The PR highlights the need for more charging infrastructure to meet the rising demand for EV charging.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.9%
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Rhea-AI Summary
ChargePoint (CHPT) has received Federal Risk and Authorization Management Program (FedRAMP) approval, making it one of the first providers of EV charging solutions to achieve this. The approval ensures best-in-class data security, dedicated cloud hosting for federal customers, and real-time visibility into data such as power use, energy costs, station usage, and session fees. This opens up potential opportunities in the U.S. federal government market, demonstrating ChargePoint's commitment to providing high standards of security for its customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.45%
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Rhea-AI Summary
ChargePoint (CHPT) Announces Strategic Reorganization to Improve Financial Performance and Position for Sustainable Growth
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.61%
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Rhea-AI Summary
ChargePoint Holdings, a leading provider of networked solutions for charging electric vehicles (EVs) (NYSE:CHPT) reported third quarter fiscal 2024 revenue of $110 million, a 12% decrease year-over-year. The GAAP gross margin was negative 22% and non-GAAP gross margin was negative 18%, reflecting a $42 million inventory impairment charge. The company plans to achieve positive non-GAAP Adjusted EBITDA in the fourth quarter of calendar year 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.76%
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ChargePoint Holdings, Inc.

NYSE:CHPT

CHPT Rankings

CHPT Stock Data

745.11M
387.15M
2.55%
46.81%
27.32%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
CAMPBELL

About CHPT

we’ve disrupted the energy and transportation industries by operating the world’s largest electric vehicle (ev) charging network. we design, build, and support the technology that powers our ev network, expanding daily into new areas. our mission: get everyone behind the wheel of an ev and facilitate the charging process, regardless of car model. learn more at chargepoint.com