ChargePoint Holdings, Inc. (CHPT) Stock Price & How to Invest

ChargePoint Holdings, Inc. operates one of the largest EV charging networks, primarily selling charging hardware to businesses, workplaces, fleets, and property owners, and pairing it with recurring software subscriptions that manage and monetize the stations. Unlike operators that own the chargers, ChargePoint largely sells equipment and network services to site hosts, so its revenue mixes one-time hardware sales with growing, higher-margin subscription revenue. It operates across North America and Europe and serves a broad base including commercial, fleet, and residential customers.

The investment story in 2026 is a cost-cutting turnaround amid a slower EV market. In fiscal year 2026 (ended January 2026), revenue was roughly $411 million, down slightly year over year, with losses still large but narrowing. More recently, in the first quarter of fiscal 2027 (reported mid-2026), revenue returned to modest growth of around 4% to roughly $102 million, subscription revenue grew about 7% to around $41 million, and gross margins improved into the low 30s percent as cost cuts took hold. ChargePoint has been launching new products, including a next-generation charging platform and its fastest standalone charger, and focusing on higher-margin recurring revenue and operating discipline. Analysts have trimmed price targets amid demand uncertainty, but see potential if the company can sustain margin gains and return to growth. The overarching driver is EV adoption: ChargePoint's fortunes rise and fall with how quickly electric vehicles reach businesses, fleets, and drivers that need charging.

The dominant risk is that ChargePoint is still unprofitable and depends on both cost cuts and a recovery in EV demand to reach breakeven; if EV adoption stays soft, revenue and its path to profitability could disappoint. Competition is intense, spanning Tesla, EVgo, Blink, Wallbox, and others, which pressures pricing and margins on hardware. The business is exposed to EV-market cyclicality, and its hardware-heavy revenue can be lumpy quarter to quarter. Policy and subsidy shifts, including changes to EV incentives and charging programs, affect demand. As a company that has burned cash, it faces the risk of dilutive equity or debt raises if losses persist, and it has used financing that can weigh on shareholders. Reliability concerns across public charging generally, supply-chain costs, and macroeconomic weakness that slows business capital spending are additional risks. This is a speculative turnaround stock that can move sharply on demand and margin news.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see ChargePoint Holdings, Inc.'s investor relations page or your broker.

• FY2026 revenue: Roughly $411 million, down slightly year over year
• Recent quarterly revenue: Around $102 million in Q1 FY2027, up about 4% year over year
• Subscription revenue: Around $41 million recently, up about 7% and higher-margin
• Gross margin: Improved into the low 30s percent as cost cuts took hold
• Profitability: Still unprofitable, though losses have been narrowing
• Valuation lens: Trades as a speculative turnaround; focus on margin and path to breakeven

Figures are approximate and tied to the asOf date; verify live numbers before acting. Because ChargePoint is unprofitable, a P/E ratio does not apply; investors focus on revenue growth, gross-margin improvement, subscription-revenue mix, cash burn, and the timeline to breakeven. The stock trades largely on the EV-adoption narrative and on evidence that cost cuts are working, which makes it speculative and sensitive to sentiment on electrification. Watch quarterly margins and cash levels as the clearest signals of turnaround progress.

There are three common ways to get CHPT exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so CHPT sits alongside other stocks that express the same thesis.

Walnut takes the basket route. Describe a thesis where CHPT fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

ChargePoint is an unprofitable EV-charging network working to improve gross margins, grow recurring subscription revenue, and reach profitability. It rewards a return to revenue growth and a credible path to breakeven, and punishes weak EV demand and continued losses. This is a speculative turnaround tied to the pace of electrification.