ChargePoint (CHPT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
ChargePoint (CHPT) delivered earnings and revenue surprises of 15.38% and 0.90%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
CAMPBELL, Calif., June 05, 2024--ChargePoint Holdings, Inc. (NYSE:CHPT) ("ChargePoint"), a leading provider of networked solutions for charging electric vehicles (EVs), today reported results for its first quarter of fiscal year 2025 ended April 30, 2024.