Down 82% in a Year, Is ChargePoint Stock Now a Buy?

By Travis Hoium – Mar 14, 2024 at 9:33AM

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

ChargePoint's financials show a company in dire straights.

ChargePoint (CHPT 0.79%) was once a $10 billion company that investors thought could change how we fuel vehicles forever. But the stock has dropped and may now be facing a crisis. In this video, Travis Hoium discusses the company's strategy and future.

*Stock prices used were end-of-day prices of March 12, 2024. The video was published on March 13, 2024.

Travis Hoium 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. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.