{
  "id": 5869788,
  "title": "ChargePoint Climbs 7% as CEO Says Rally Is ‘the Beginning of the Momentum’; EVgo Ticks Up, Blink Charging Holds Flat",
  "url": "https://urgent.news/2026/09/04/chargepoint-climbs-7-as-ceo-says-rally-is-the-beginning-of-the",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T18:11:07.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/chargepoint-climbs-7-ceo-says-181107796.html"
  },
  "original_language": "en",
  "account": "ChargePoint Holdings (NYSE:CHPT) shares saw a 7% rally on Friday after the CEO, Rick Wilmer, said the rally marks the beginning of a momentum. Meanwhile, EVgo (NASDAQ:EVGO) and Blink Charging (NASDAQ:BLNK) stocks dipped, trailing ChargePoint. The rally in ChargePoint's stock is attributed to a company-specific reappraisal rather than a broad EV sector rotation. ChargePoint's Q2 revenue of $116 million beat expectations, with a record 38% gross margin, including a one-time tariff refund of $4.2 million. The margin on a normalized basis was closer to 35%. However, Q3 revenue guidance only matched consensus, and the margin was partly driven by the tariff refund. ChargePoint's Q3 guidance of $105 million to $115 million revenue bracketed the market expectations. Despite the rally, ChargePoint stock has declined 9% over the trailing year, while EVgo is down 49% YTD and Blink Charging is down 12% YTD. The article highlights the company-specific nature of the rally and the potential risks if broader charging infrastructure stocks face a selloff.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}