What's Going On With ChargePoint Holdings Stock Wednesday?

Zinger Key Points
  • ChargePoint Holdings is anticipated to release quarterly financial earnings after the market close Wednesday.
  • Analysts expect ChargePoint's adjusted EPS to come in at a loss of thirteen cents per share.

ChargePoint Holdings, Inc. CHPT is in the spotlight Wednesday ahead of earnings. Here’s what you need to know.

What To Know: ChargePoint will report earnings for the 2025 fiscal-year first quarter after the market close. Analysts expect ChargePoint’s EPS to come in at a loss of thirteen cents per share and revenue to reach $105.79 million, per data from Benzinga Pro.

Last quarter, ChargePoint announced revenue of $115.83 million falling short of analyst estimates of $118.77 million. In addition, the company reported adjusted EPS at a loss of twelve cents per share beating analyst estimates of a loss of thirteen cents per share.

See Also: Wall Street Looks To Extend Gains As Traders Eye More Jobs Data: Why This Analyst Sees 4% S&P 500 Rise In June

How To Buy ChargePoint Holdings Stock

By now you're likely curious about how to participate in the market for ChargePoint Hldgs – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of ChargePoint Hldgs CHPT, which is trading at $1.68 as of publishing time, $100 would buy you 59.52 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

CHPT Price Action: At the time of writing, ChargePoint stock is trading .61% lower at $1.6, according to data from Benzinga Pro.

Image: Photo via Wikimedia Commons

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMoverswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...