Here is how ChargePoint Holdings, Inc. (CHPT) and General Motors (GM) have performed compared to their sector so far this year.
ChargePoint Holdings (NYSE:CHPT) stock jumped 7% to $10.16 on Wednesday, extending its strong September run. EVgo (NASDAQ:EVGO) shares fell 3% to $1.29, while Blink Charging (NASDAQ:BLNK) stock slipped 0.45% to $0.56.
Buying interest is concentrating in one corner of the electric vehicle charging group, and ChargePoint Holdings (NYSE:CHPT) is the name drawing it. ChargePoint stock is up 6% to $9.
ChargePoint Holdings (NYSE:CHPT) has separated itself from the EV-charging group in a way that is hard to ignore.
Small-cap electric vehicle charging stocks are running together Wednesday morning with nothing from the companies to explain the bid.
ChargePoint Holdings (NYSE:CHPT) stock is up 38% year to date (YTD) and trades at $9.18 midday Friday, putting the EV-charging name within striking distance of $10.
Here is how ChargePoint Holdings, Inc. (CHPT) and Honda Motor (HMC) have performed compared to their sector so far this year.
ChargePoint (CHPT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
ChargePoint Holdings (NYSE:CHPT) stock is rallying for a second straight session as CEO Rick Wilmer publicly frames the surge as the opening act of a longer move. The Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) is up 0.
After Wednesday's close, ChargePoint Holdings (NYSE:CHPT) reported a fiscal second-quarter revenue beat and a materially narrower adjusted loss, and Thursday's session has produced a violent reaction in ChargePoint stock.
ChargePoint Holdings CEO Rick Wilmer told CNBC he's optimistic about the future of the electric vehicle charging company. ChargePoint stock was up more than 50% in trading Thursday.
ChargePoint is reiterated as a Buy following Q2 FY27 results, with 18% YoY revenue growth and a top-line beat. Margin expansion is a key thesis driver, as Q2 GAAP gross margin rose 500 bps YoY to 36%, aided by cost discipline and non-recurring tariff refunds. Express Solo product ramp-up and European market focus are expected to accelerate revenue and margin growth into FY28 and beyond.