<ul>
<li>在 2025 财年第三季度，ChargePoint Holdings 报告收入为 1.0567 亿美元，净亏损缩窄至 5248 万美元，并在此后将债务削减超过一半，同时对第四季度的收入指引为 1 亿至 1.1 亿美元。</li>
<li>除此之外，ChargePoint 强调了高利润率订阅收入的不断增长、毛利率的扩大，以及与 Dabaja Brothers 在密歇根州的新快速充电部署，突显其向更以软件和平台驱动的商业模式转型。</li>
<li>现在我们将探讨 ChargePoint 改善的毛利率和减少的债务负担如何重塑其投资叙事和未来的风险回报特征。</li>
</ul>
<p>特朗普的石油繁荣来了——管道准备好获利。发现 22 只在这波浪潮中受益的美国股票。</p>
<h2>ChargePoint Holdings 投资叙事回顾</h2>
<p>要拥有 ChargePoint，您需要相信电动车充电需求将继续在全球范围内增长，并且公司能够将其不断增长的已安装基础转化为更高利润率的订阅收入，同时逐步接近盈亏平衡。最新季度支持了这一毛利率和现金纪律的故事，得益于较小的净亏损和债务削减，但持续的亏损和项目时间延长的风险仍然是核心关注点。</p>
<p>Dabaja Brothers 在密歇根州的超快速充电部署与这一收益故事完美契合，因为它展示了 ChargePoint 将新型高功率硬件与其升级的软件平台相结合，以加深重复的订阅和服务收入。如果公司能够在更多车队、零售商和市政当局中复制这种部署，即使电动车销售增长或激励措施的支持减弱，也可能支持改善毛利率的短期催化剂。</p>
<p>然而，尽管收入在增长且债务在降低，投资者仍应意识到持续的亏损可能仍会迫使未来的资本筹集……</p>
<p>阅读 ChargePoint Holdings 的完整叙事（免费！）</p>
<p>ChargePoint Holdings 的叙事预计到 2028 年收入为 6.332 亿美元，盈利为 6430 万美元。</p>
<p>揭示 ChargePoint Holdings 的预测如何得出 11.25 美元的公允价值，相较于其当前价格有 8% 的上行空间。</p>
<h2>探索其他视角</h2>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/053f2afa-9458-40ac-9245-c35125e1d633/chart/community-fair-value?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/053f2afa-9458-40ac-9245-c35125e1d633/chart/community-fair-value"/></p>
<p>截至 2025 年 12 月的 CHPT 社区公允价值</p>
<p>Simply Wall St 社区的七名成员目前估计 ChargePoint 的公允价值在 2.42 美元至 38.68 美元之间，突显出非常不同的预期。在这种差距下，最近向高利润率订阅和债务减少的转变可能会影响您对持续亏损可能延长盈亏平衡路径和施加资金需求压力的风险的权衡。</p>
<p>探索 ChargePoint Holdings 的其他 7 个公允价值估计——为什么该股票可能价值不到当前价格的一半！</p>
<h2>构建您自己的 ChargePoint Holdings 叙事</h2>
<p>不同意现有叙事？在不到 3 分钟的时间内创建您自己的叙事——非凡的投资回报很少来自随大流。</p>
<ul>
<li>您的 ChargePoint Holdings 研究的一个很好的起点是我们的分析，强调了可能影响您投资决策的 3 个关键回报和 2 个重要警示信号。</li>
<li>我们的免费 ChargePoint Holdings 研究报告提供了全面的基本面分析，汇总在一个视觉图中——雪花图，使您能够一目了然地评估 ChargePoint Holdings 的整体财务健康状况。</li>
</ul>
<h2>准备进入其他投资风格吗？</h2>
<p>这些股票正在移动——我们的分析今天标记了它们。迅速行动，趁价格尚未追上：</p>
<ul>
<li>稀土金属是大多数高科技设备、军事和国防系统以及电动车的原材料。全球竞赛正在进行，以确保这些关键矿物的供应。抢先发现 37 只最佳稀土金属股票，这些股票是为数不多的开采这一重要战略资源的公司。</li>
<li>这 13 家公司在 COVID 之后生存并蓬勃发展，具备在特朗普关税下生存的正确条件。在您的投资组合感受到贸易战压力之前，了解原因。</li>
<li>人工智能即将改变医疗保健。这 30 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——仍然有机会提前入场。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

CHPT

<p>ChargePoint Holdings 报告了 2025 财年第三季度收入为 1.0567 亿美元，净亏损减少至 5248 万美元，债务削减超过一半。该公司正转向以软件驱动的模式，增加高利润的订阅收入和新的快速充电部署。尽管收入增长和债务减少，但持续的亏损可能需要未来的资本筹集。ChargePoint 的叙述预计到 2028 年收入为 6.332 亿美元，盈利为 6430 万美元，公允价值估计为 11.25 美元，提供 8% 的上行空间。投资者应考虑项目时间延长和持续亏损的风险</p>

<ul>
<li>In the third quarter of fiscal 2025, ChargePoint Holdings reported revenue of US$105.67 million, narrowed its net loss to US$52.48 million, and later cut its debt by more than half while issuing guidance for fourth-quarter revenue of US$100 million to US$110 million.</li>
<li>Alongside these results, ChargePoint highlighted a growing mix of higher‑margin subscription revenue, expanding gross margins, and new fast‑charging deployments such as its Michigan partnership with Dabaja Brothers, underscoring its shift toward a more software- and platform-driven business model.</li>
<li>We’ll now examine how ChargePoint’s improving margins and reduced debt burden reshape its investment narrative and future risk‑reward profile.</li>
</ul>
<div class="lb-trans"><ul>
<li>在 2025 财年第三季度，ChargePoint Holdings 报告收入为 1.0567 亿美元，净亏损缩窄至 5248 万美元，并在此后将债务削减超过一半，同时对第四季度的收入指引为 1 亿至 1.1 亿美元。</li>
<li>除此之外，ChargePoint 强调了高利润率订阅收入的不断增长、毛利率的扩大，以及与 Dabaja Brothers 在密歇根州的新快速充电部署，突显其向更以软件和平台驱动的商业模式转型。</li>
<li>现在我们将探讨 ChargePoint 改善的毛利率和减少的债务负担如何重塑其投资叙事和未来的风险回报特征。</li>
</ul>
</div><p>Trump's oil boom is here - pipelines are primed to profit. Discover the 22 US stocks riding the wave.</p>
<div class="lb-trans"><p>特朗普的石油繁荣来了——管道准备好获利。发现 22 只在这波浪潮中受益的美国股票。</p>
</div><h2>ChargePoint Holdings Investment Narrative Recap</h2>
<div class="lb-trans"><h2>ChargePoint Holdings 投资叙事回顾</h2>
</div><p>To own ChargePoint, you need to believe that EV charging demand will keep scaling globally and that the company can convert its growing installed base into higher margin subscription income while moving closer to breakeven. The latest quarter supports that margin and cash discipline story in the near term, helped by a smaller net loss and debt cut, but persistent losses and the risk of extended project timelines remain central concerns.</p>
<div class="lb-trans"><p>要拥有 ChargePoint，您需要相信电动车充电需求将继续在全球范围内增长，并且公司能够将其不断增长的已安装基础转化为更高利润率的订阅收入，同时逐步接近盈亏平衡。最新季度支持了这一毛利率和现金纪律的故事，得益于较小的净亏损和债务削减，但持续的亏损和项目时间延长的风险仍然是核心关注点。</p>
</div><p>The Dabaja Brothers ultra fast charging rollout in Michigan fits neatly with this earnings story, because it shows ChargePoint pairing new high power hardware with its upgraded software platform to deepen recurring subscription and services revenue. If the company can replicate this kind of deployment across more fleets, retailers and municipalities, it could support the near term catalyst of improving margins, even if headline EV sales growth or incentives become less supportive.</p>
<div class="lb-trans"><p>Dabaja Brothers 在密歇根州的超快速充电部署与这一收益故事完美契合，因为它展示了 ChargePoint 将新型高功率硬件与其升级的软件平台相结合，以加深重复的订阅和服务收入。如果公司能够在更多车队、零售商和市政当局中复制这种部署，即使电动车销售增长或激励措施的支持减弱，也可能支持改善毛利率的短期催化剂。</p>
</div><p>Yet while revenue is growing and debt is lower, investors should be aware that ongoing losses could still force future capital raises...</p>
<div class="lb-trans"><p>然而，尽管收入在增长且债务在降低，投资者仍应意识到持续的亏损可能仍会迫使未来的资本筹集……</p>
</div><p>Read the full narrative on ChargePoint Holdings (it's free!)</p>
<div class="lb-trans"><p>阅读 ChargePoint Holdings 的完整叙事（免费！）</p>
</div><p>ChargePoint Holdings’ narrative projects $633.2 million revenue and $64.3 million earnings by 2028.</p>
<div class="lb-trans"><p>ChargePoint Holdings 的叙事预计到 2028 年收入为 6.332 亿美元，盈利为 6430 万美元。</p>
</div><p>Uncover how ChargePoint Holdings' forecasts yield a $11.25 fair value, a 8% upside to its current price.</p>
<div class="lb-trans"><p>揭示 ChargePoint Holdings 的预测如何得出 11.25 美元的公允价值，相较于其当前价格有 8% 的上行空间。</p>
</div><h2>Exploring Other Perspectives</h2>
<div class="lb-trans"><h2>探索其他视角</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/053f2afa-9458-40ac-9245-c35125e1d633/chart/community-fair-value" alt="" original-src="https://images.simplywall.st/company/053f2afa-9458-40ac-9245-c35125e1d633/chart/community-fair-value"/></p>
<p>CHPT Community Fair Values as at Dec 2025</p>
<div class="lb-trans"><p>截至 2025 年 12 月的 CHPT 社区公允价值</p>
</div><p>Seven members of the Simply Wall St Community currently estimate ChargePoint’s fair value between US$2.42 and US$38.68, highlighting very different expectations. Against that spread, the recent shift toward higher margin subscriptions and debt reduction may influence how you weigh the risk that continued losses could extend the path to breakeven and pressure funding needs.</p>
<div class="lb-trans"><p>Simply Wall St 社区的七名成员目前估计 ChargePoint 的公允价值在 2.42 美元至 38.68 美元之间，突显出非常不同的预期。在这种差距下，最近向高利润率订阅和债务减少的转变可能会影响您对持续亏损可能延长盈亏平衡路径和施加资金需求压力的风险的权衡。</p>
</div><p>Explore 7 other fair value estimates on ChargePoint Holdings - why the stock might be worth less than half the current price!</p>
<div class="lb-trans"><p>探索 ChargePoint Holdings 的其他 7 个公允价值估计——为什么该股票可能价值不到当前价格的一半！</p>
</div><h2>Build Your Own ChargePoint Holdings Narrative</h2>
<div class="lb-trans"><h2>构建您自己的 ChargePoint Holdings 叙事</h2>
</div><p>Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p>
<div class="lb-trans"><p>不同意现有叙事？在不到 3 分钟的时间内创建您自己的叙事——非凡的投资回报很少来自随大流。</p>
</div><ul>
<li>A great starting point for your ChargePoint Holdings research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.</li>
<li>Our free ChargePoint Holdings research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate ChargePoint Holdings' overall financial health at a glance.</li>
</ul>
<div class="lb-trans"><ul>
<li>您的 ChargePoint Holdings 研究的一个很好的起点是我们的分析，强调了可能影响您投资决策的 3 个关键回报和 2 个重要警示信号。</li>
<li>我们的免费 ChargePoint Holdings 研究报告提供了全面的基本面分析，汇总在一个视觉图中——雪花图，使您能够一目了然地评估 ChargePoint Holdings 的整体财务健康状况。</li>
</ul>
</div><h2>Ready To Venture Into Other Investment Styles?</h2>
<div class="lb-trans"><h2>准备进入其他投资风格吗？</h2>
</div><p>These stocks are moving-our analysis flagged them today. Act fast before the price catches up:</p>
<div class="lb-trans"><p>这些股票正在移动——我们的分析今天标记了它们。迅速行动，趁价格尚未追上：</p>
</div><ul>
<li>Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 37 best rare earth metal stocks of the very few that mine this essential strategic resource.</li>
<li>These 13 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.</li>
<li>AI is about to change healthcare. These 30 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.</li>
</ul>
<div class="lb-trans"><ul>
<li>稀土金属是大多数高科技设备、军事和国防系统以及电动车的原材料。全球竞赛正在进行，以确保这些关键矿物的供应。抢先发现 37 只最佳稀土金属股票，这些股票是为数不多的开采这一重要战略资源的公司。</li>
<li>这 13 家公司在 COVID 之后生存并蓬勃发展，具备在特朗普关税下生存的正确条件。在您的投资组合感受到贸易战压力之前，了解原因。</li>
<li>人工智能即将改变医疗保健。这 30 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——仍然有机会提前入场。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

ChargePoint (CHPT) 在利润提升和债务减少后股价上涨了 36.7%——牛市的论点是否有所改变？