CHPT

ChargePoint is making significant progress toward achieving profitability. The company's new EV charging technology should fuel further gains.

ChargePoint Holdings (NYSE:CHPT) stock is rallying for a second straight session as CEO Rick Wilmer publicly frames the surge as the opening act of a longer move. The Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) is up 0.

After Wednesday's close, ChargePoint Holdings (NYSE:CHPT) reported a fiscal second-quarter revenue beat and a materially narrower adjusted loss, and Thursday's session has produced a violent reaction in ChargePoint stock.

ChargePoint Holdings CEO Rick Wilmer told CNBC he's optimistic about the future of the electric vehicle charging company. ChargePoint stock was up more than 50% in trading Thursday.

ChargePoint is reiterated as a Buy following Q2 FY27 results, with 18% YoY revenue growth and a top-line beat. Margin expansion is a key thesis driver, as Q2 GAAP gross margin rose 500 bps YoY to 36%, aided by cost discipline and non-recurring tariff refunds. Express Solo product ramp-up and European market focus are expected to accelerate revenue and margin growth into FY28 and beyond.

ChargePoint Holdings (NYSE:CHPT) shares surged 53% Thursday after the electric-vehicle charging company reported second-quarter results that beat Wall Street estimates and posted a smaller-than-expected loss. Revenue for the quarter came in at $116.1 million, up 18% year-over-year and ahead of analyst estimates of $105 million.

ChargePoint Holdings delivered a strong Q2 revenue beat, posting 18% growth to $116.1 million, but remains deeply unprofitable. Despite narrowing losses, CHPT's balance sheet deteriorated further, with negative shareholder equity and minimal working capital. Management guided Q3 revenue to $105–115 million, above Q2 guidance, yet persistent cash burn and high costs remain critical issues.

ChargePoint Holdings, Inc. (CHPT) Q2 2027 Earnings Call Transcript

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a global leader in intelligent electrification and e-mobility, today announced the appointment of John Saffrett as Executive Vice President and Managing Director, Europe. In this role, Saffrett will be responsible for driving ChargePoint's growth strategy across European markets, overseeing sales, customer relationships, partnerships, and market expansion across the continent. He has served as a member of the company's Advisory Counci.

ChargePoint Holdings, Inc. (CHPT) reached $5.92 at the closing of the latest trading day, reflecting a -5.28% change compared to its last close.