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ChargePoint posts 18% revenue growth and margin gains, maintaining Buy rating on strong outlook.

Analyst Insights
03 Sep 2026
Seeking Alpha
View Source
Bullish
ChargePoint posts 18% revenue growth and margin gains, maintaining Buy rating on strong outlook.

ChargePoint reported a strong Q2 FY27 with 18% year-over-year revenue growth and a 500 basis point increase in GAAP gross margin to 36%, driven by cost control and tariff refunds. The company expects further revenue and margin expansion fueled by the ramp-up of its Express Solo product and increased focus on the European market. Despite some near-term liquidity and dilution risks, ChargePoint's valuation remains attractive, trading at a significant discount to sector peers on forward EV/Sales. The Buy rating is reiterated based on these positive operational and financial trends.

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