| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 9.60 | 60 |
| Intrinsic value (DCF) | 4.85 | -19 |
| Graham-Dodd Method | n/a | |
| Graham Formula | 111.27 | 1758 |
ChargePoint Holdings, Inc. (NYSE: CHPT) is a leading provider of electric vehicle (EV) charging networks and solutions, serving commercial, fleet, and residential customers across the U.S. and internationally. Founded in 2007 and headquartered in Campbell, California, ChargePoint offers a comprehensive portfolio of hardware, software, and services designed to support the growing EV ecosystem. The company operates in the Specialty Retail sector under the Consumer Cyclical industry, positioning itself as a key enabler of the global transition to sustainable transportation. ChargePoint’s network is one of the most extensive in the EV charging space, providing seamless charging experiences through its integrated technology platform. With increasing adoption of electric vehicles, ChargePoint is well-positioned to capitalize on the expanding demand for reliable and scalable charging infrastructure.
ChargePoint presents a high-risk, high-reward investment opportunity in the rapidly evolving EV charging market. The company benefits from strong sector tailwinds as governments and corporations push for electrification, but its financials reflect significant challenges, including negative net income (-$277M) and operating cash flow (-$147M). While its market cap (~$334M) and beta (2.224) indicate volatility, ChargePoint’s first-mover advantage and extensive network could drive long-term growth if it achieves profitability. Investors should weigh its growth potential against execution risks, competitive pressures, and capital-intensive business model.
ChargePoint’s competitive advantage lies in its established network footprint, vertically integrated solutions (hardware, software, and services), and strong brand recognition in the EV charging space. Unlike pure-play hardware providers, ChargePoint’s subscription-based software and services create recurring revenue streams. However, the company faces intensifying competition from utilities, automakers, and standalone charging networks. Its asset-light model (relying on partners for site hosting) differentiates it from capital-intensive rivals but may limit control over customer experience. ChargePoint’s focus on commercial and fleet segments provides stability compared to residential-focused peers, but reliance on third-party hardware suppliers could pose scalability risks. The company’s ability to maintain technological leadership (e.g., faster charging, grid integration) while improving unit economics will be critical as the market consolidates.