ChargePoint Stock: Buy, Sell, or Hold?

By Parkev Tatevosian, CFA – Sep 20, 2023 at 4:15AM

NYSE: CHPT

ChargePoint

Market Cap

$538M

Today's Change

(0.79%) $0.01

Current Price

$1.27

Price as of April 26, 2024, 4:00 p.m. ET

The EV charging company is expanding rapidly, but losses on the bottom line are mounting.

Fool.com contributor Parkev Tatevosian evaluates ChargePoint's (CHPT 0.79%) financial results to determine if the stock is a buy.

*Stock prices used were the afternoon prices of Sept. 16, 2023. The video was published on Sept. 18, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.