ChargePoint Q2, Guidance Miss Expectations, Analysts Say: 15% Layoffs Could 'Create Efficiencies'
CHPTChargePoint(CHPT) Benzinga·2024-09-06 00:06

ChargePoint Holdings Inc CHPT shares tanked in early trading on Thursday, after the company reported downbeat second-quarter sales.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.RBC Capital Markets On ChargePoint HoldingsAnalyst Christopher Dendrinos maintained a Sector Perform rating while reducing the price target from 3.00to3.00 to 2.50.ChargePoint delivered a revenue miss, although its gross margins were better than expected, driven by "improved hardwa ...