Stifel Nicolaus Research maintains ChargePoint Holdings Inc with a Buy rating and lowers the target price to $26 from $32 on the company’s stock.

Based on the ChargePoint Holdings Inc stock forecasts from 11 analysts, the average analyst target price for ChargePoint Holdings Inc is USD 20.74 over the next 12 months. ChargePoint Holdings Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of ChargePoint Holdings Inc is Bearish, which is based on 1 positive signals and 4 negative signals. At the last closing, ChargePoint Holdings Inc’s stock price was USD 14.43. ChargePoint Holdings Inc’s stock price has changed by +15.35% over the past week, +30.94% over the past month and -55.75% over the last year.

ChargePoint Holdings, Inc. provides electric vehicle (EV) charging networks and charging solutions in the United States and internationally. It offers a portfolio of hardware, software, and services for commercial, fleet, and residential customers. The company was founded in 2007 and is headquartered in Campbell, California

What we like:

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What we don’t like:

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.