Has The Time Arrived To Buy This EV Stock-CHPT

Acrobull Canada Advisory Inc.

January 09			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
ChargePoint Holdings Inc.	CHPT-NYSE	Consumer Cyclical		$496 Million	Medium

ChargePoint Holdings, Inc. operates as an electric vehicle charging network provider. It designs, develops and markets networked electric vehicle charging system infrastructure and its Cloud Services enable consumers the ability to locate, reserve, authenticate and transact electric vehicle charging sessions.

Recent Highlights

Oversold Conditions- The company’s stock has gone through massive fluctuation in recent weeks and hence is at a position where the position can be taken.

We expect the company stock to recover and report better financial results in the next quarter.

Third Quarter 2025 Financial Highlights

Revenue. Third quarter revenue was $99.6 million, down 10% from $110.3 million in the prior year’s same quarter. Networked charging systems revenue for the third quarter was $52.7 million, down 29% from $73.9 million in the prior year’s same quarter. Subscription revenue was $36.4 million, up 19% from $30.6 million in the prior year’s same quarter.
Gross Margin. Third quarter GAAP gross margin was 23% as compared to (22)% in the prior year's same quarter, and non-GAAP gross margin was 26% as compared to (18)% in the prior year's same quarter, in both cases primarily due to a $42.0 million inventory impairment charge taken in the prior year to address legacy supply overruns related to product transitions and to better align inventory with demand.

Operating Expenses. Third quarter GAAP operating expenses were $91.0 million, down 30% from $129.8 million in the prior year's same quarter. Non-GAAP operating expenses were $58.6 million, down 28% from $81.1 million in the prior year's same quarter.

Net Income/Loss. Third quarter GAAP net loss was $77.6 million, down 51% from $158.2 million in the prior year's same quarter. Non-GAAP pre-tax net loss was $40.7 million, down 62% from $106.3 million in the prior year's same quarter, both reflecting the $42.0 million inventory impairment charge taken in the prior year. Non-GAAP Adjusted EBITDA Loss was $28.6 million, down 71% from $97.4 million in the prior year's same quarter.

Stock Observation- The company’s stock performance has been impacted by the geo political situation however roots remain intact. The RSI level for the stock is at 45 which shows oversold conditions. The customers looking for a volatile stock with possible high gains may choose to invest in it.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull Canada Advisory Inc. maintains Customer Choose Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull Canada Advisory Inc. only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull Canada Advisory Inc. would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull Canada Advisory Inc. is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull Canada Advisory Inc. does not guarantee returns.

Acrobull Recommendation Based on Evaluation

Current Market Price	$1.12 USD
Acrobull Recommendation	Buy
Target Price	Target $1.27 USD
RSI Level	14 Day RSI 43
Total Shares Outstanding	442.34 Million
Shares held by Insiders Risk Factor Stop Loss	1.89% Medium 5%