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CHPT News Highlights
- CHPT's 30 day story count now stands at 22.
- Over the past 23 days, the trend for CHPT's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- NIO, BLNK and BP are the most mentioned tickers in articles about CHPT.
Latest CHPT News From Around the Web
Below are the latest news stories about CHARGEPOINT HOLDINGS INC that investors may wish to consider to help them evaluate CHPT as an investment opportunity.
Markets are in "risk-off" mode again today with shares of companies in more speculative sectors like electric vehicles (EVs) taking some of the hardest hits. Shares of EV charging network company ChargePoint Holdings (NYSE: CHPT), for example, were down 5.2% as of 12:05 p.m. ET. The stocks of vehicle manufacturers Lordstown Motors (NASDAQ: RIDE) and Arrival (NASDAQ: ARVL) were lower by 7.2% and 6.8%, respectively.
Let's discuss the BOE's move, Wednesday's rally, guidance cuts and withdrawals, and inflation.
The provider of electric vehicle charging networks could see its shares trade sideways for a bit longer.
Does the September share price for ChargePoint Holdings, Inc. ( NYSE:CHPT ) reflect what it's really worth? Today, we...
Building on Tuesday's momentum, shares of ChargePoint Holdings (NYSE: CHPT) continued to power higher Wednesday. Although the company didn't report any news Wednesday that could have been a catalyst for that rise, it seems that investors are still showing their enthusiasm for an EV charging collaboration between two other companies -- BP and Hertz -- that was announced Tuesday, as well as good news for the sector that came out of Washington, D.C. Recognizing the growing interest in EVs, BP and Hertz announced a plan to expand EV-charging infrastructure for Hertz customers.
Today the Department of Transportation approved EV infrastructure development plans for all 50 states. All states now have access to all FY22 and FY23 National Electric Vehicle Infrastructure (NEVI) Formula Program funding that totals more than $1.5 billion. As a reminder, that program will help build EV chargers covering approximately 75,000 miles of highway across the country and has earmarked $5 billion to spend over the coming five years as part of the Biden Infrastructure Law.
As of 11:17 a.m. ET, shares of EV-maker Lucid Group (NASDAQ: LCID) were up 4.9%, while Blink Charging (NASDAQ: BLNK) and ChargePoint (NYSE: CHPT) had climbed 4.7% and 6.8%, respectively. Seeing considerable upside, Cantor Fitzgerald has initiated coverage on the EV stock, assigning it an overweight rating and a $23 price target. On Sept. 15, Citigroup resumed its coverage on Lucid with a buy rating and an even more auspicious price target: $28.
With the EV revolution well underway and accelerating in the U.S., now is a very good time to buy EV charging stocks.
In this article, we discuss the 11 best climate change stocks to buy according to hedge funds. If you want to skip our discussion on the recent climate change developments, go directly to the 5 Best Climate Change Stocks To Buy According To Hedge Funds. In recent times, there has been a shift in focus […]
The market's drop reverberated through the portfolio -- with our inverse-ETF positions helping blunt declines. Amid our moves, we exited Morgan Stanley and entered Elevance Health.