Should I Buy CHPT? CHPT 2026 Analysis

Should You Buy ChargePoint Holdings Inc (CHPT) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Sell

Latest Price

6.090

1 Day change

9.14%

52 Week Range

18.480

Analysis Updated At

2026/02/04

Should I buy Analysis is updated weekly. For real time "Should I Buy" analysis, please sign up to get free answers.

Not a good buy right now: price is below the pivot (6.291) with bearish trend structure (SMA_200 > SMA_20 > SMA_5) and weakening momentum (MACD histogram negative and expanding).
The setup is more consistent with a weak/fragile oversold bounce than a durable trend reversal; with an impatient approach, the odds favor frustration rather than a clean upside follow-through.
Options positioning is call-skewed (bullish), but volume is light versus average, suggesting sentiment isn’t backed by strong participation.
Intellectia Proprietary Trading Signals
- AI Stock Picker: No signal on given stock today.
- SwingMax: No signal on given stock today.

Technical Analysis

Trend: Bearish (SMA_200 > SMA_20 > SMA_5), indicating persistent longer-term downtrend and weak intermediate momentum.
Momentum: MACD histogram -0.0506 below zero and negatively expanding → downside momentum is still building.
RSI: RSI_6 at 25.10 indicates the stock is stretched/oversold short-term (bounce possible), but oversold can persist in downtrends.
Key levels:
- Support: S1 5.725 (near current pre-market 5.84), then S2 5.376.
- Resistance: Pivot 6.291 is the first meaningful reclaim level; then R1 6.856.
Pattern-based odds (provided): ~50% chance of -0.37% next day, -1.23% next week; only modest +1.03% next month—doesn’t support an urgent buy.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Positioning: Put/Call OI ratio 0.29 and volume put/call 0.42 are call-heavy → bullish tilt in positioning.
Participation: Today’s options volume 481 is ~44% of the 30-day average (low), so the bullish skew isn’t strongly confirmed by activity.
Volatility: 30D IV 95.49 vs historical vol 64.86 → options are expensive; IV percentile 44.4 (mid-range), IV rank 15.21 (low vs its own range), suggesting IV has come down recently but remains high in absolute terms.
Takeaway: Sentiment leans bullish, but the low volume + bearish technicals reduces confidence for an immediate long entry.

Technical Summary

Sell

Buy

Positive Catalysts

- Gross margin improved to 30.74% in 2026/Q3 (+34.41% YoY), showing progress on unit economics.
- Hedge funds are buying: reported buying amount up 212.5% over the last quarter.
- Call-skewed options positioning (low put/call ratios) can support short-term bounce attempts.
- Upcoming earnings: QJAN 2026 earnings on 2026-03-05 after hours could act as a catalyst if results surprise positively.

Neutral/Negative Catalysts

- Strong bearish technical structure: downtrend intact with MACD deterioration; stock is still below the pivot (6.291).
- Profitability still worsening: net income and EPS declined materially YoY in the latest quarter.
- Analyst commentary remains cautious around cash burn and EV penetration/policy headwinds.
- No supportive news/catalysts in the past week; absent fresh positive catalysts, the stock may continue to drift toward supports (5.725 / 5.376).
- Options are expensive (high absolute IV), raising the bar for upside to justify new long exposure.

Financial Performance

Latest quarter: 2026/Q3
Revenue: 105.674M, +6.09% YoY (modest growth).
Gross Margin: 30.74%, +34.41% YoY (meaningful improvement, a clear positive).
Net Income: -52.479M, down -32.36% YoY (losses widened).
EPS: -2.23, down -37.36% YoY (earnings trend still deteriorating despite margin improvement).

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent analyst actions show mostly cautious positioning: multiple Neutral/Sector Perform reiterations with price target cuts, alongside one Sell (Goldman).
Price targets were broadly reduced (e.g., UBS 12→9, B. Riley 12.5→11, Roth 11→8.5, RBC 10→9), indicating lowered confidence in near-term upside.
Wall Street pros (bull case): balance sheet actions viewed as incremental positives; residential traction helped results; improving gross margin.
Wall Street cons (bear case): ongoing cash burn, EV demand/policy headwinds, uncertainty in demand growth; margins pressured by mix; profitability still not stabilizing.
Influential/political trading: no recent congress trading data available; no politician activity provided.

8 Analyst Rating

Wall Street analysts forecast CHPT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CHPT is 9.25 USD with a low forecast of 8 USD and a high forecast of 11 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

6 Hold

2 Sell

Hold

Current: 5.580

Low

Averages

9.25

High

Current: 5.580

Low

Averages

9.25

High

UBS

Jon Windham

Neutral

downgrade

$12 -> $9

AI Analysis

2025-12-22

Reason

UBS

Jon Windham

Price Target

$12 -> $9

AI Analysis

2025-12-22

downgrade

Neutral

Reason

UBS analyst Jon Windham lowered the firm's price target on ChargePoint to $9 from $12. The firm keeps a Neutral rating on the shares given ongoing cash burn and EV penetration policy headwinds, the analyst tells investors in a research note.

B. Riley

Neutral

downgrade

$11

2025-12-10

Reason

B. Riley

Price Target

$11

2025-12-10

downgrade

Neutral

Reason

B. Riley lowered the firm's price target on ChargePoint to $11 from $12.50 and keeps a Neutral rating on the shares. The firm updated the company's model post earnings. The beat was driven by a boost in residential billings, the analyst tells investors in a research note. Riley says ChargePoint strengthened its balance sheet with the debt exchange.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for CHPT

Unlock Now

CHPT Should I Buy

CHPT Should I Buy

Should You Buy ChargePoint Holdings Inc (CHPT) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

People Also Watch