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News  ›  Benzinga

ChargePoint Stock Up After Q3 Earnings, Analyst Cautious Despite Signs Of Turnaround

Benzinga Logo Benzinga By Lekha Gupta
ChargePoint Stock Up After Q3 Earnings, Analyst Cautious Despite Signs Of Turnaround

ChargePoint reported Q3 earnings with revenue beating estimates at $105.67 million, but missing adjusted loss expectations. The stock surged 25.65% despite analyst caution about near-term growth challenges in the EV charging market.

Insights
CHPT   neutral

Mixed performance with revenue beat but earnings miss, and analyst noting potential future growth challenges. Stock price increased, but analyst remains cautious about immediate market expansion.