ChargePoint Holdings (NYSE:CHPT) stock officially became publicly traded in March 2021 after its merger with a SPAC was completed. The stock opened for trading at $28.5.. The stock might still seem overly expensive. For fiscal year 2022, the midpoint of the company's revenue guidance range is $200 million.
Is ChargePoint a good long term investment?
Last quarter, ChargePoint raised its full-year revenue guidance by 15% to a range of $225 million to $235 million. If ChargePoint shows it's back on the trajectory it was on in 2019 before the stall in 2020, then the long-term thesis remains intact. ChargePoint may just be one of the best bets in the EV industry.
Which EV charging stock is the best?
- ChargePoint Holdings (NYSE:CHPT)
- EVgo (NASDAQ:EVGO)
- Beam Global (NASDAQ:BEEM)
- Volta Charging (NYSE:VLTA)
Who is the leading company in EV charging stations?
Reports suggest that ChargePoint holds the largest number of outlets and a long shot, followed by Tesla. With around 60,000 charging stations across 20,000 locations, ChargePoint aims to expand its services within the EV charging market and ensure people get reliable services.
Which stocks will benefit from EV?
- Lucid Group Inc. (LCID)
- Nio Inc. (NIO)
- XPeng Inc. (XPEV)
- Li Auto Inc. (LI)
- Rivian Automotive Inc. (RIVN)
- Proterra Inc. (PTRA)
- General Motors Co. (GM)
- Freeport-McMoRan Inc. (FCX)
Is ChargePoint a good stock to buy?
ChargePoint stock is right now trading close to its 52-week low, offering a more attractive entry point for investors looking to enter for the long term. But also note that the stock is still trading at a price-to-sales ratio of 27.
Can you buy stocks in ChargePoint?
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Has ChargePoint gone public?
ChargePoint, the Silicon Valley-based electric vehicle recharging company, officially went public (NYSE: CHPT) this week, following a SPAC merger with Switchback Energy Acquisition Corp.Mar 3, 2021
What is ChargePoint company?
ChargePoint, Inc. operates as an open electric vehicle charging network. The Company provides cloud-based service plans as annual subscriptions for providing tools, data, payment processing, and driver support.Dec 2, 2021
Does Leviton own ChargePoint?
Leviton is a proud partner of ChargePoint, a leader in electric vehicle technology. ChargePoint Network Services let you control access, set pricing, display advertising, monitor station status, and generate usage reports while providing 24/7/365 call center support to drivers.