ChargePoint bottomed out

9월 9일

ChargePoint had a rough earnings season, no doubt. However, its improvements in profitability show promise, suggesting it could approach break-even within the next 1-2 years. Given its unique business model—especially compared to other EV charging infrastructure companies—ChargePoint's significant and growing software segment stands out. Could we soon see a shift in valuation that factors in this blend of software and infrastructure, rather than just viewing it as a pure infrastructure play? Price target $2.7 if it continues on its current pattern and trend, and some slight shift in the market sentiment on the stock. CHPT is trade at 1.0x PS ratio, vs EVGO trading at 6.5x......

10월 18일

코멘트

Continued to be supported by the trendline, patience should pay dividends soon.

10월 25일

코멘트

Charging industry is not a dying breed, looking at the performance of EVGO, but the next earning for ChargePoint would be huge, if they miss on the 80-95 million rev guidance, then tough decisions would need to be considered and made. But commercial revenue picking up plus a surprising margin improvement, would send it straight up. I still believe the reward is more the risk here.