Chargepoint stock quote1/31/2024 Without considering a stock's valuation, no investment decision can be efficient. The company topped consensus revenue estimates two times over this period. surpassed consensus EPS estimates three times. Over the last four quarters, ChargePoint Holdings, Inc. EPS of -$0.13 for the same period compares with -$0.21 a year ago.Ĭompared to the Zacks Consensus Estimate of $164.31 million, the reported revenues represent a surprise of -6.99%. reported revenues of $152.83 million in the last reported quarter, representing a year-over-year change of +89.4%. Last Reported Results and Surprise HistoryĬhargePoint Holdings, Inc. For the current and next fiscal years, $713.04 million and $1.07 billion estimates indicate +52.3% and +50.1% changes, respectively. the consensus sales estimate for the current quarter of $127.82 million indicates a year-over-year change of +56.6%. So, it's important to know a company's potential revenue growth.įor ChargePoint Holdings, Inc. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. Over the last 30 days, this estimate has remained unchanged.ġ2-month consensus EPS estimate for CHPT _12MonthEPSChartUrl The Zacks Consensus Estimate remained unchanged over the last 30 days.įor the current fiscal year, the consensus earnings estimate of -$0.49 points to a change of +30% from the prior year. is expected to post a loss of $0.16 per share, indicating a change of +23.8% from the year-ago quarter. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.įor the current quarter, ChargePoint Holdings, Inc. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. When earnings estimates for a company go up, the fair value for its stock goes up as well. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. The key question now is: What could be the stock's future direction? During this period, the Zacks Automotive - Original Equipment industry, which ChargePoint Holdings, Inc. Over the past month, shares of this company have returned -6.6%, compared to the Zacks S&P 500 composite's +5.7% change. So, you might want to look at some of the facts that could shape the stock's performance in the near term. (CHPT) has been one of the most searched-for stocks on lately.
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