ChargePoint Holdings recently opened five ultra-fast charging sites in New York, contributing to business expansion efforts. Despite these positive developments, the company's share price experienced a 9% decline over the past month. This movement came amid a challenging earnings announcement, which reported a drop in revenue year-over-year. Although the net loss narrowed, market sentiment may have been cautious. Meanwhile, the broader market remained volatile due to uncertainties around President Trump's anticipated tariff announcements. While other major indexes showed slight upticks, the environment reflected broader economic concerns, possibly affecting ChargePoint's stock performance in a mixed market landscape.

Be aware that ChargePoint Holdings is showing 2 weaknesses in our investment analysis.

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During the last year, ChargePoint Holdings' total return was a 65.27% decline, a notable underperformance compared to the US Market, which returned 7.5%. The company's shares also lagged behind the US Electrical industry, which had a negative 0.4% return. ChargePoint's declining hardware revenue, with a year-over-year drop of 29%, and persistent non-GAAP adjusted EBITDA losses continued to weigh heavily on its performance. Additionally, the share price volatility heightened following corporate announcements including its non-compliance with the NYSE’s minimum share price requirement, potentially affecting investor confidence.

ChargePoint sought growth through business expansions, opening five ultra-fast charging stations in New York in March 2025. Collaborations with major partners like AAA to expand charging infrastructure, and technological innovations such as cut-resistant charging cables, aimed to enhance market presence. Despite these strategic advances, policy uncertainties and competition in the EV charging sector posed challenges to ChargePoint’s ability to achieve profitability, impacting investor sentiment and share performance over the long term.

Evaluate ChargePoint Holdings' prospects by accessing our earnings growth report.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NYSE:CHPT.

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