I am neutral on ChargePoint (CHPT) as it has a promising long-term growth runway, Wall Street analysts are overwhelmingly bullish on the stock, and the average price target implies substantial upside over the next year. That said, the company is far from profitable and faces potential competitive threats in the coming years. ChargePoint is a network of open EV charging stations. The company provides cloud-based service packages as an annual subscription. It further provides its customers with different services like driver support, data, and payment processing. The company serves utilities, corporations, shopping centers, parking service providers, and municipalities worldwide.
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ChargePoint (NYSE:CHPT)
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ChargePoint (NYSE:CHPT)
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