ChargePoint is defended at Needham on the expectation of margin improvement

seekingalpha04-04

Needham reiterated a bullish view on ChargePoint Holdings (NYSE:CHPT) on Thursday after meeting with CEO Rick Wilmer and CFO Mansi Khetani during a non-deal roadshow in San Francisco. Analuyst Chris ...

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Analuyst Chris ...</p>\n\n<a href=\"https://seekingalpha.com/news/4087178-chargepoint-is-defended-at-needham-on-the-expectation-of-margin-improvement\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ChargePoint is defended at Needham on the expectation of margin improvement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChargePoint is defended at Needham on the expectation of margin improvement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-04 19:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4087178-chargepoint-is-defended-at-needham-on-the-expectation-of-margin-improvement><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Needham reiterated a bullish view on ChargePoint Holdings (NYSE:CHPT) on Thursday after meeting with CEO Rick Wilmer and CFO Mansi Khetani during a non-deal roadshow in San Francisco. Analuyst Chris ...</p>\n\n<a href=\"https://seekingalpha.com/news/4087178-chargepoint-is-defended-at-needham-on-the-expectation-of-margin-improvement\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4096","symbol_name":"电气部件与设备","start_time":0,"source_url":"https://seekingalpha.com/news/4087178-chargepoint-is-defended-at-needham-on-the-expectation-of-margin-improvement","article_id":"2424981383","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1346203273/image_1346203273.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2424981383","pubTimestamp":1712231528,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Needham reiterated a bullish view on ChargePoint Holdings (NYSE:CHPT) on Thursday after meeting with CEO Rick Wilmer and CFO Mansi Khetani during a non-deal roadshow in San Francisco. Analuyst Chris P","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4096":"电气部件与设备","BK4588":"碎股","CHPT":"ChargePoint Holdings Inc.","BK4551":"寇图资本持仓","BK4585":"ETF&股票定投概念","BK4542":"充电桩"},"translate_title":"在Needham为ChargePoint辩护，期望利润提高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHPT":1},"content_text":"Needham reiterated a bullish view on ChargePoint Holdings (NYSE:CHPT) on Thursday after meeting with CEO Rick Wilmer and CFO Mansi Khetani during a non-deal roadshow in San Francisco. Analuyst Chris Pierce said consistent enthusiasm for second-half gross margin accretion and OPEX leverage were the firm's biggest positive takeaways from the meeting. Needham walked away with less near-term uncertainty about the ChargePoint (CHPT) business. \"CHPT flagged their recently announced partnership with Acbel as a driver of both gross margin and OPEX leverage, leaning on their new CEO's prior experience leveraging Asian manufacturing expertise to save on labor and logistics to drive higher gross margins vs their current manufacturing facilities in Mexico. New charging hardware will be jointly developed with Acbel, allowing CHPT to remove substantial engineering spend from OPEX as an additional benefit.\" Needham still sees medium- and long-term uncertainty around the pace of EV adoption and subsequent electric vehicle supply equipment growth. However, the ChargePoint (CHPT) model is anticipated to continue to be the preferred model of U.S. site owners and is seen as helping the company return capital to investors sooner given the lower upfront costs to build sites from a clean capital-light sheet. Needham kept a Buy rating on ChargePoint (CHPT) and price target of $3.00. Shares of CHPT fell 0.55% in premarket action to $1.82.  More on ChargePoint Holdings  ChargePoint: Perpetual Speed Bumps ChargePoint: It's Only Getting Worse ChargePoint Holdings, Inc. (CHPT) Q4 2024 Earnings Call Transcript ChargePoint slides after setting weaker-than-anticipated Q1 guidance ChargePoint Holdings GAAP EPS of -$0.23 misses by $0.01, revenue of $115.8M misses by $4.23M","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2424981383"}