<ul>
<li>在 2025 財年第三季度，ChargePoint Holdings 報告收入為 1.0567 億美元，淨虧損縮窄至 5248 萬美元，並在此後將債務削減超過一半，同時對第四季度的收入指引為 1 億至 1.1 億美元。</li>
<li>除此之外，ChargePoint 強調了高利潤率訂閲收入的不斷增長、毛利率的擴大，以及與 Dabaja Brothers 在密歇根州的新快速充電部署，突顯其向更以軟件和平台驅動的商業模式轉型。</li>
<li>現在我們將探討 ChargePoint 改善的毛利率和減少的債務負擔如何重塑其投資敍事和未來的風險回報特徵。</li>
</ul>
<p>特朗普的石油繁榮來了——管道準備好獲利。發現 22 只在這波浪潮中受益的美國股票。</p>
<h2>ChargePoint Holdings 投資敍事回顧</h2>
<p>要擁有 ChargePoint，您需要相信電動車充電需求將繼續在全球範圍內增長，並且公司能夠將其不斷增長的已安裝基礎轉化為更高利潤率的訂閲收入，同時逐步接近盈虧平衡。最新季度支持了這一毛利率和現金紀律的故事，得益於較小的淨虧損和債務削減，但持續的虧損和項目時間延長的風險仍然是核心關注點。</p>
<p>Dabaja Brothers 在密歇根州的超快速充電部署與這一收益故事完美契合，因為它展示了 ChargePoint 將新型高功率硬件與其升級的軟件平台相結合，以加深重複的訂閲和服務收入。如果公司能夠在更多車隊、零售商和市政當局中複製這種部署，即使電動車銷售增長或激勵措施的支持減弱，也可能支持改善毛利率的短期催化劑。</p>
<p>然而，儘管收入在增長且債務在降低，投資者仍應意識到持續的虧損可能仍會迫使未來的資本籌集……</p>
<p>閲讀 ChargePoint Holdings 的完整敍事（免費！）</p>
<p>ChargePoint Holdings 的敍事預計到 2028 年收入為 6.332 億美元，盈利為 6430 萬美元。</p>
<p>揭示 ChargePoint Holdings 的預測如何得出 11.25 美元的公允價值，相較於其當前價格有 8% 的上行空間。</p>
<h2>探索其他視角</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 社區公允價值</p>
<p>Simply Wall St 社區的七名成員目前估計 ChargePoint 的公允價值在 2.42 美元至 38.68 美元之間，突顯出非常不同的預期。在這種差距下，最近向高利潤率訂閲和債務減少的轉變可能會影響您對持續虧損可能延長盈虧平衡路徑和施加資金需求壓力的風險的權衡。</p>
<p>探索 ChargePoint Holdings 的其他 7 個公允價值估計——為什麼該股票可能價值不到當前價格的一半！</p>
<h2>構建您自己的 ChargePoint Holdings 敍事</h2>
<p>不同意現有敍事？在不到 3 分鐘的時間內創建您自己的敍事——非凡的投資回報很少來自隨大流。</p>
<ul>
<li>您的 ChargePoint Holdings 研究的一個很好的起點是我們的分析，強調了可能影響您投資決策的 3 個關鍵回報和 2 個重要警示信號。</li>
<li>我們的免費 ChargePoint Holdings 研究報告提供了全面的基本面分析，匯總在一個視覺圖中——雪花圖，使您能夠一目瞭然地評估 ChargePoint Holdings 的整體財務健康狀況。</li>
</ul>
<h2>準備進入其他投資風格嗎？</h2>
<p>這些股票正在移動——我們的分析今天標記了它們。迅速行動，趁價格尚未追上：</p>
<ul>
<li>稀土金屬是大多數高科技設備、軍事和國防系統以及電動車的原材料。全球競賽正在進行，以確保這些關鍵礦物的供應。搶先發現 37 只最佳稀土金屬股票，這些股票是為數不多的開採這一重要戰略資源的公司。</li>
<li>這 13 家公司在 COVID 之後生存並蓬勃發展，具備在特朗普關税下生存的正確條件。在您的投資組合感受到貿易戰壓力之前，瞭解原因。</li>
<li>人工智能即將改變醫療保健。這 30 只股票正在從早期診斷到藥物發現等各個方面進行工作。最棒的是——它們的市值都在 100 億美元以下——仍然有機會提前入場。</li>
</ul>
<p><em>本文由 Simply Wall St 撰寫，內容具有一般性。<strong>我們提供基於歷史數據和分析師預測的評論，僅使用無偏見的方法，我們的文章並不旨在提供財務建議。</strong> 它不構成購買或出售任何股票的推薦，也未考慮您的目標或財務狀況。我們旨在為您提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>

CHPT

<p>ChargePoint Holdings 報告了 2025 財年第三季度收入為 1.0567 億美元，淨虧損減少至 5248 萬美元，債務削減超過一半。該公司正轉向以軟件驅動的模式，增加高利潤的訂閲收入和新的快速充電部署。儘管收入增長和債務減少，但持續的虧損可能需要未來的資本籌集。ChargePoint 的敍述預計到 2028 年收入為 6.332 億美元，盈利為 6430 萬美元，公允價值估計為 11.25 美元，提供 8% 的上行空間。投資者應考慮項目時間延長和持續虧損的風險</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 財年第三季度，ChargePoint Holdings 報告收入為 1.0567 億美元，淨虧損縮窄至 5248 萬美元，並在此後將債務削減超過一半，同時對第四季度的收入指引為 1 億至 1.1 億美元。</li>
<li>除此之外，ChargePoint 強調了高利潤率訂閲收入的不斷增長、毛利率的擴大，以及與 Dabaja Brothers 在密歇根州的新快速充電部署，突顯其向更以軟件和平台驅動的商業模式轉型。</li>
<li>現在我們將探討 ChargePoint 改善的毛利率和減少的債務負擔如何重塑其投資敍事和未來的風險回報特徵。</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>特朗普的石油繁榮來了——管道準備好獲利。發現 22 只在這波浪潮中受益的美國股票。</p>
</div><h2>ChargePoint Holdings Investment Narrative Recap</h2>
<div class="lb-trans"><h2>ChargePoint Holdings 投資敍事回顧</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>要擁有 ChargePoint，您需要相信電動車充電需求將繼續在全球範圍內增長，並且公司能夠將其不斷增長的已安裝基礎轉化為更高利潤率的訂閲收入，同時逐步接近盈虧平衡。最新季度支持了這一毛利率和現金紀律的故事，得益於較小的淨虧損和債務削減，但持續的虧損和項目時間延長的風險仍然是核心關注點。</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電部署與這一收益故事完美契合，因為它展示了 ChargePoint 將新型高功率硬件與其升級的軟件平台相結合，以加深重複的訂閲和服務收入。如果公司能夠在更多車隊、零售商和市政當局中複製這種部署，即使電動車銷售增長或激勵措施的支持減弱，也可能支持改善毛利率的短期催化劑。</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，儘管收入在增長且債務在降低，投資者仍應意識到持續的虧損可能仍會迫使未來的資本籌集……</p>
</div><p>Read the full narrative on ChargePoint Holdings (it's free!)</p>
<div class="lb-trans"><p>閲讀 ChargePoint Holdings 的完整敍事（免費！）</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 的敍事預計到 2028 年收入為 6.332 億美元，盈利為 6430 萬美元。</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 的預測如何得出 11.25 美元的公允價值，相較於其當前價格有 8% 的上行空間。</p>
</div><h2>Exploring Other Perspectives</h2>
<div class="lb-trans"><h2>探索其他視角</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 社區公允價值</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 社區的七名成員目前估計 ChargePoint 的公允價值在 2.42 美元至 38.68 美元之間，突顯出非常不同的預期。在這種差距下，最近向高利潤率訂閲和債務減少的轉變可能會影響您對持續虧損可能延長盈虧平衡路徑和施加資金需求壓力的風險的權衡。</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 個公允價值估計——為什麼該股票可能價值不到當前價格的一半！</p>
</div><h2>Build Your Own ChargePoint Holdings Narrative</h2>
<div class="lb-trans"><h2>構建您自己的 ChargePoint Holdings 敍事</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>不同意現有敍事？在不到 3 分鐘的時間內創建您自己的敍事——非凡的投資回報很少來自隨大流。</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 研究的一個很好的起點是我們的分析，強調了可能影響您投資決策的 3 個關鍵回報和 2 個重要警示信號。</li>
<li>我們的免費 ChargePoint Holdings 研究報告提供了全面的基本面分析，匯總在一個視覺圖中——雪花圖，使您能夠一目瞭然地評估 ChargePoint Holdings 的整體財務健康狀況。</li>
</ul>
</div><h2>Ready To Venture Into Other Investment Styles?</h2>
<div class="lb-trans"><h2>準備進入其他投資風格嗎？</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>這些股票正在移動——我們的分析今天標記了它們。迅速行動，趁價格尚未追上：</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>稀土金屬是大多數高科技設備、軍事和國防系統以及電動車的原材料。全球競賽正在進行，以確保這些關鍵礦物的供應。搶先發現 37 只最佳稀土金屬股票，這些股票是為數不多的開採這一重要戰略資源的公司。</li>
<li>這 13 家公司在 COVID 之後生存並蓬勃發展，具備在特朗普關税下生存的正確條件。在您的投資組合感受到貿易戰壓力之前，瞭解原因。</li>
<li>人工智能即將改變醫療保健。這 30 只股票正在從早期診斷到藥物發現等各個方面進行工作。最棒的是——它們的市值都在 100 億美元以下——仍然有機會提前入場。</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 撰寫，內容具有一般性。<strong>我們提供基於歷史數據和分析師預測的評論，僅使用無偏見的方法，我們的文章並不旨在提供財務建議。</strong> 它不構成購買或出售任何股票的推薦，也未考慮您的目標或財務狀況。我們旨在為您提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>
</div>

ChargePoint (CHPT) 在利潤提升和債務減少後股價上漲了 36.7%——牛市的論點是否有所改變？