ChargePoint: This Lightning Charge Will Not Last

Sep. 22, 2022 8:00 AM ETChargePoint Holdings, Inc. (CHPT)15 Comments
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Summary

  • The winds are blowing in favor of CHPT, as the worsening geopolitical issues and Inflation Act aggressively boost the global adoption of renewable energies and EVs.
  • CHPT continues to report immense growth across all verticals, with a special focus in the EU due to the ban of ICE vehicle sales by 2035.
  • However, with the Fed's 75 basis point hike in September and hawkish commentary potentially indicating aggressive hikes through 2023, we may see some stock market weaknesses ahead.
  • Therefore, keen investors would be well advised to wait for a meaningful retracement before adding this winning stock for a next decade's portfolio growth.

business woman hand clenching lightning flash

efks/iStock via Getty Images

Investment Thesis

ChargePoint Holdings, Inc. (NYSE:CHPT) has obviously rallied in the past few weeks, due to the $7.5B provision from the Inflation Reduction Act and the company's stellar FQ2'23 earnings call/ forward guidance. The company has

CHPT Revenue, Net Income, Net Income Margin, and Gross Margin

S&P Capital IQ

Impressive Growth Across Segments

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CHPT Operating Expense

S&P Capital IQ

CHPT Long-Term Debt, Interest Expense, Net PPE, and Capex

S&P Capital IQ

CHPT Cash/ Equivalents, FCF, and FCF Margins

S&P Capital IQ

CHPT Projected Revenue and Net Income

S&P Capital IQ

CHPT 2Y EV/Revenue and P/E Valuations

S&P Capital IQ

CHPT 2Y Stock Price

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This article was written by

Juxtaposed Ideas profile picture
5.13K Followers
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.Prior to Seeking Alpha, I worked as a professionally trained architect in a private architecture practice, with a focus on public and healthcare projects. My qualifications include:- Qualified Person with the Board of Architects, Singapore.- Master's in Architecture from the National University of Singapore.- Bachelor in Arts from the National University of Singapore.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.

Disclosure: I/we have a beneficial long position in the shares of TSLA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss.

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