
ChargePoint rides momentum as Q2 beat powers 70% stock surge
ChargePoint stock jumped over 70% after a stronger-than-expected Q2 with revenue of $116.1 million and a 35-cent loss per share, beating estimates and guiding higher for 2027. CEO Rick Wilmer says momentum is accelerating thanks to new high-performance chargers, AI-driven efficiency, and a three-year plan to cut losses and move toward EBITDA profitability. The company, which provides hardware, software, and services (not chargers themselves), is expanding Level 3 chargers in Europe and Level 2/3 in the US, while user demand remains solid despite a broader EV slowdown.













