ChargePoint Holdings Inc (CHPT)

[Glider549]

What does the name matter?

[tat4tat]

How easy is to have a level 2 charger at home and how expensive is that. What about the people who live in apartments. It looks as if ChargePoint should have retained the name Switchback Energy with all of those disappointed EV drivers.

[Jay8ird]

Not that this is the sole factor in consideration of this stock, but for those 1:5 drivers who switched back to electric, were they driving 300 miles per day?!

I own an EV and commute 30 miles each day. I’m able to charge, even on the slow level 1 at home overnight and get those miles back before heading out the next day.

All EV owners should install a level 2 charger at home to be sure they can charge fully from “0” in overnight, but it seems like poor planning from buyers if they can’t use the info provided during purchase to decide if the car will work for them and their current charging situation.

All that said, the key to the whole market is the push and pull of EV market saturation and infrastructure investment/build out.

[bobst2003]

It's dropping an average of 4% a day, maybe lower than single digits by July. Sub penny, Delisted, or Bankruptcy (hope not, I own some, Biden administration not helping EV sector, been going down since he took office)

[bobst2003]

I am, US losing faith in EV's

[bcapps66]

Where do you get "single digits by July"? Are you predicting over a 50% drop from HERE?

[bobst2003]

Another shitty day for tech, I see no bottom for this shit. Look for single digit numbers by July.

[Glider549]

They need chargers.
https://seekingalpha.com/article/4414950-look-listed-electric-bus-sector-biden-moves-to-electrify-america

[bcapps66]

LOL! GO DOGE!!!!!!

[bobst2003]

All selling to buy "doge"

[bobst2003]

Figured out what's going on with EV stocks.
Business Insider
1 in 5 electric vehicle owners in California switched back to gas because charging their cars is a hassle, new research shows
Dominick Reuter
April 30, 2021, 12:41 pm
Mustang Mach E GT Performance Edition 03
Mustang Mach-E GT Performance Edition. Ford
Roughly 20% of electric vehicle owners in California replaced their cars with gas ones, a new study shows.

The main reason drivers made the switch was the inconvenience of charging.

The findings suggest new challenges facing the growth of the nascent electric vehicle market.

See more stories on Insider's business page.

In roughly three minutes, you can fill the gas tank of a Ford Mustang and have enough range to go about 300 miles with its V8 engine.


But for the electric Mustang Mach-E, an hour plugged into a household outlet gave Bloomberg automotive analyst Kevin Tynan just three miles of range.

"Overnight, we're looking at 36 miles of range," he told Insider. "Before I gave it back to Ford, because I wanted to give it back full, I drove it to the office and plugged in at the charger we have there."

Standard home outlets generally put out about 120 volts of power at what electric vehicle aficionados call "Level 1" charging, while the high-powered specialty connections offer 240 volts of power and are known as "Level 2." By comparison, Tesla's "Superchargers," which can fully charge its cars in a little over an hour, offer 480 volts of direct current.


That difference is night and day, according to a new study published in the journal Nature Energy by University of California Davis researchers Scott Hardman and Gil Tal that surveyed Californians who purchased an electric vehicle between 2012 and 2018.

Roughly one in five plug-in electric vehicle (PEV) owners switched back to owning gas-powered cars, in large part because charging the batteries was a pain in the… trunk, the researchers found.

Of those who switched, over 70% lacked access to Level 2 charging at home, and slightly fewer than that lacked Level 2 connections at their workplace.

"If you don't have a Level 2, it's almost impossible," said Tynan, who has tested a wide range of makes and models of PEVs over the years for his research.

Even with the faster charging, a Chevy Bolt he tested still needed nearly six hours to top its range back up to 300 miles from nearly empty - something that takes him just minutes at the pump with his family SUV.

Public charging stations may look like the electric version of the gas station, but nearly two-thirds of PEV drivers in the survey said they didn't use them. Exactly why they didn't use the public stalls was not specified.

EVs have come a long way in recent years in terms of range, safety, comfort, and tech features, but Hardman and Tal note that very little has changed in terms of how they are recharged.

The researchers warned that this trend could make it harder to achieve electric vehicle sales targets in California and other countries, and the growth of the market overall.

"It should not be assumed that once a consumer purchases a PEV they will continue owning one," Hardman and Tal wrote. "What is clear is that this could slow PEV market growth and make reaching 100% PEV sales more difficult."

Fixing the charging issue will require more participation from automakers, who have yet to find a profitable way of producing electric cars. Even Tesla, easily the leader in the category, was only able to eke out a first-quarter profit by selling energy credits and bitcoin.

"For all those legacy automakers, that profit and loss piece does matter. And that's why you're getting this half effort on electrification," Tynan said.

[redskins020]

It's a matter of time before CHPT takes off, great product/service for Electric vehicles which will be the majority of transportation Worldwide in the future !

[Ichauway]

Nice move ! Looking great today.

[BIGMONEYPLAYA]

CHPT Bought a bunch at 21.20

[$Green$]

Excellent!

[$Green$]

I do believe it is breaking out of a major trend, and on some heavy volume

[$Green$]

You have to buy the fear of you still believe in it

[bcapps66]

Sub 20 :( ...want to average down but damn...

[bcapps66]

Maybe not...just keeps dropping. This is 6-7 trading days in a row that it's been down? UGH!

[$Green$]

Now is when to start buying again

[$Green$]

CHPT is undervalued at this level, would be overvalued @ around $60 IMO

[bobst2003]

All EV stocks showing how Overvalued they are. Let's just keep us above 10.00 or we are looking at an endless bottom

[sky7777]

At least it is sucking on the way back up!...Bo JMO

[bcapps66]

They are ALL sucking right now

[bobst2003]

Charge point sucks... that is all

[bcapps66]

That couldn't have been any more incorrect....at least to this point. Horrible drop......

[ClayTrader]

* * $CHPT Video Chart 04-06-2021 * *

Link to Video - click here to watch the technical chart video

[$Green$]

This is going higher

[restripe]

Loaded with 30 and 40 calls yummy

[ChristsHarvest2020]

835 shares at @26 let’s ride!

[ClayTrader]

* * $CHPT Video Chart 04-01-2021 * *

Link to Video - click here to watch the technical chart video

[$Green$]

Very sexy - $CHPT $$$

[BIGMONEYPLAYA]

Boooom up 2 dollars premarket.my 21's looking great

[$Green$]

Congrats you beautiful people, you all deserved it

[Cat dog]

This will match BLNK. GL over @30 EOD

[Cat dog]

A @40 dollar stock !!

[Timetravelerdos]

Plus!!!! The plan calls for building 500,000 electric-vehicle charging stations!!!!

[Timetravelerdos]

Good News! The Infrastructure bill has $400 Billion for Clean Energy! Go CHPT !!!!!

[Cameo Brien]

$CHPT Chart Analysis:

[BIGMONEYPLAYA]

I grabbed 350 shares at 21.10 wish I bought a thousand now

[irondog]

I know it, I have it!

[$Green$]

Everyone should have some of this right now

[MfridgeV2]

It will get there... Burry like it, that’s good enough for me for a long play.

[Stockfun1]

Analyst consensus ranking : https://www.tipranks.com/stocks/chpt/forecast

3 analyst are covering this stock right now. Unanimously they all agree and rated a CHPT a Strong buy. The lowest price target is $39. This was after the company came out with their financials. These prices now are cheap, cheap and they won’t last long. This is accumulation and when all the powers that be have their shares expect a fast climb to the high 30’s to low 40’s. Get your shares now.

[Stockfun1]

Totally undervalued right now. Tips ranks and professional analyst has it at valuations and PPS price targets much higher. Check out CHPT Analyst Price Target $42.67 on TipRanks http://www.tipranks.com/ios/pages/stocks/CHPT/price-target

[2018trader]

How is this stock trading lower than BLN*K?

[Street Smart]

I think your thinking is spot on

[Jmidd75]

The market cap only means what it is trading for right now. You also forgot the 90 Million in Debt this year which is okay because of the expansion and development of this awesome Corporation.

I am trying to figure out how this company is really valued. I still do not think its there.

What is the value? It is not 7 Billion in my opinion. More like 3.5 or 4 billion and that is with speculation. The Merger deal itself was worth 2.4 Billion just two weeks ago.

Once the true value is established (It is now with financials released) then the bottom will come in. I still think its somewhere between 15.00 and 20.00 but I am waiting on someone smarter them me to crunch all the numbers down. The Market makers will show us eventually where the bottom comes in.

I wish I knew as I am about to get a great size position. Still patiently waiting though.

GLTA

[jsc52033]

has 7.6 B market cap just posted revenue of 146Million exceeded forcast has 615 Million cash

[FollowMyNIL]

Agree, congrats to those that grabbed those $19’s.. buy the dips & check back in 3-5yrs