Is ChargePoint Holdings (NYSE:CHPT) a buy in 2026?
No. ChargePoint Holdings is one to avoid for now, per the Compass.
A capital-burning charging network with shrinking pricing power, competing against utilities, Tesla, and oil majors. The cap table tells the story.
Where CHPT is headed
Picture the EV charging market in late 2027. Tesla's Supercharger network is the default for every major automaker (Ford, GM, Rivian, Hyundai, Mercedes all adopted NACS by 2025). Shell, BP, and EVgo are pouring oil-major balance sheets into ultra-fast DC charging at fuel stations. Utilities like Duke and PG&E are rate-basing charger deployments, meaning they earn guaranteed returns while ChargePoint (NYSE:CHPT) has to earn its cost of capital the hard way. Where does CHPT sit in that picture? Selling Level 2 chargers (the slow ones) to office parking lots and apartment buildings, a commoditised hardware business with 30% gross margins and a software attach rate the market keeps hoping will save it.
Read the full Compass Direction on CHPT
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $6.94).
See the full CHPT analysisGet calls like this, free
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Frequently asked questions
Is ChargePoint Holdings (NYSE:CHPT) a buy in 2026?
No. ChargePoint Holdings is one to avoid for now, per the Compass. A capital-burning charging network with shrinking pricing power, competing against utilities, Tesla, and oil majors. The cap table tells the story.
What is CHPT's Compass Score?
ChargePoint Holdings scores 35/100 on Alexandria's Compass, placing it in the "Headwinds" tier. Scores blend eight factors and update weekly.
What is the price target for CHPT?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the CHPT page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.