ChargePoint Holdings Inc Ordinary Shares - Class A
CHPT: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$1.19 | Tkf | Qbfcfpqb |
Minding the (AC/DC) Margin Gap; Lowering ChargePoint Fair Value Estimate to $11
We are lowering no-moat ChargePoint's fair value estimate to $11 per share from $12.50 following the company's fourth-quarter results. The driver of our fair value decrease is a reduction to our near-term revenue forecast and slightly lower long-term gross margins. We view ChargePoint shares as fairly valued.