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Stock impact report

Is ChargePoint Stock a Buy Now? [Yahoo! Finance]

ChargePoint Holdings, Inc. (CHPT) 
Company Research Source: Yahoo! Finance
The electric vehicle market holds a lot of long-term promise, even if recent growth hasn't matched previous expectations, and one EV stock that's caught some investors' attention recently is ChargePoint Holdings (NYSE: CHPT) ChargePoint makes EV charging stations, and with its share price down 58% over the past six months, some are wondering if now is the perfect time to buy some shares. Here's why that could be a mistake. Even before President Donald Trump's tariffs caused the stock market to hit the skids and made some economists bump up their recession predictions, ChargePoint wasn't exactly doing so well. The company's sales tumbled 18% in fiscal 2025 to $417 million. Falling sales are obviously not a good direction for a growth company, and ChargePoint's management didn't provide much comfort when it issued first-quarter sales guidance of $100 million at the midpoint, which represents a 6.5% decline from the year-ago quarter. It's also worth noting that the company's cash Show less Read more
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