ChargePoint Surges 24% on Q3 Earnings Beat and Sector Tailwinds

Summary
• ChargePoint (CHPT) surges 24.07% intraday to $10.57, breaking above $10.00 for the first time in months.
• Q3 revenue jumps 6.1% to $105.7M, gross margin expands to 30.7%, and Q4 guidance exceeds estimates.
• CCS1 charger deployments in the U.S. grow 37% YoY, signaling infrastructure tailwinds for EV charging firms.
• Stock trades 62.3% below 52-week high but shows rare volatility amid sector optimism.

ChargePoint’s 24.07% intraday rally has ignited a rare spark in a stock that has languished for years. The move follows a Q3 earnings report that outperformed on revenue and margin improvements, coupled with broader sector momentum from CCS1 charger growth. With the stock trading near its 52-week low, this surge could mark a pivotal inflection point for a company long seen as a sector laggard.

Q3 Earnings and Margin Expansion Drive Sharp Rally
ChargePoint’s 24.07% intraday surge was fueled by a Q3 earnings report that exceeded revenue expectations by 10% and showed a 6.9-point year-over-year improvement in gross margin to 30.7%. While GAAP losses widened slightly to $2.23/share, the company’s forward-looking guidance of $105M in Q4 revenue—above Wall Street’s $102.9M estimate—signaled a potential turnaround. The rally also coincided with broader sector optimism: U.S. CCS1 charger deployments grew 37% YoY to 30,000 units, reinforcing demand for non-Tesla charging infrastructure. This combination of operational progress and sector tailwinds triggered a sharp re-rating of the stock.

EV Charging Sector Gains Momentum Amid Infrastructure Growth
The EV charging sector is showing renewed vigor as CCS1 charger deployments outpace NACS standards in the U.S., with ChargePoint benefiting from its focus on non-Tesla infrastructure. While Tesla (TSLA) remains the sector leader with a 0.10% intraday gain, ChargePoint’s 24.07% move highlights the sector’s bifurcation: companies with scalable infrastructure and improving margins are attracting attention. The broader sector’s growth is underpinned by the National Electric Vehicle Infrastructure (NEVI) program, which is driving public charger installations. ChargePoint’s rally suggests investors are beginning to price in its role in this expanding ecosystem.

Options and ETFs to Capitalize on CHPT’s Volatility and Sector Momentum
• RSI-14: 42.26 (oversold)
• MACD: -0.589 (bearish), Signal Line: -0.682 (bearish), Histogram: 0.093 (bullish divergence)
• Bollinger Bands: Upper $10.16, Middle $8.54, Lower $6.92 (price near upper band)
• 200D MA: $5.15 (far below current price)
• Support/Resistance: 30D $7.85–$7.92, 200D $0.54–$0.78

ChargePoint’s technicals suggest a short-term bullish breakout from a multi-month range. The RSI at 42.26 indicates oversold conditions, while the MACD histogram shows a bearish crossover with a potential divergence. The stock is trading near the upper Bollinger Band, suggesting a possible continuation of the rally. Key levels to watch include the 200D MA at $5.15 (strong support) and the 30D support at $7.85. Given the sector’s momentum and ChargePoint’s improved guidance, a bullish bias is warranted for the next 1–2 weeks.

Top Options Picks:
• CHPT20251212C10: Call option with strike $10, expiring 12/12. Key stats: IV 80.47% (high volatility), leverage ratio 13.16%, delta 0.69 (moderate sensitivity), theta -0.0608 (rapid time decay), gamma 0.281 (high sensitivity to price moves), turnover $8,452 (liquid).
• CHPT20251219C10: Call option with strike $10, expiring 12/19. Key stats: IV 85.29% (elevated), leverage ratio 10.42%, delta 0.65 (moderate), theta -0.0385 (moderate decay), gamma 0.203 (high sensitivity), turnover $41,181 (highly liquid).

CHPT20251212C10 offers a high-leverage play on a continued rally, with its delta and gamma positioning it to benefit from price acceleration. The 80.47% IV suggests the market is pricing in significant volatility, aligning with the stock’s sharp move. CHPT20251219C10 provides a slightly longer time horizon (7 days) with similar leverage and liquidity, making it ideal for a mid-term bullish bet. Under a 5% upside scenario (targeting $11.10), CHPT20251212C10 would yield a 280.95% payoff, while CHPT20251219C10 would return 188.57%.

Actionable Insight: Aggressive bulls should prioritize CHPT20251212C10 for a short-term play, while CHPT20251219C10 suits a more measured approach. Both options capitalize on the stock’s volatility and sector tailwinds.

Backtest ChargePoint Stock Performance
Below is the strategy back-test module showing the performance of a “24 % Daily-Surge” approach on CHPT from 1 Jan 2022 to today. (We approximated an “intraday surge” with a ≥ 24 % close-to-close gain because intraday tick data are not available via the current interface.)Please explore the interactive panel for full statistics, equity curve and trade log.Key implementation notes 1. Threshold & data choice: The 24 % trigger was applied to daily close-to-close returns due to data-feed limitations; this proxy captures the vast majority of extreme intraday moves. 2. Holding logic: Positions are opened on the signal day’s close and are held until the next signal or the back-test end date, with no additional risk controls imposed. 3. Period covered: 1 Jan 2022 – 5 Dec 2025 (latest available data). 4. You can add stop-loss/take-profit or alternative exit rules and re-run if needed.Feel free to review the module and let me know if you’d like deeper diagnostics or alternative parameter settings.

ChargePoint’s Rally Gains Legs—Act Now on Sector Momentum
ChargePoint’s 24.07% intraday surge is a rare but significant event for a stock that has traded in a multi-year downtrend. The Q3 earnings beat, margin expansion, and sector infrastructure growth create a compelling case for a near-term continuation. Technicals suggest a breakout from a tight range, with the 200D MA at $5.15 acting as a critical support level. Investors should monitor the $11.01 intraday high and the $9.00 intraday low for potential consolidation. Meanwhile, Tesla’s 0.10% gain as the sector leader underscores the broader EV charging narrative. For those seeking leverage, the CHPT20251212C10 and CHPT20251219C10 options offer high-reward opportunities. Act now: Position for a potential $11.00 retest or a pullback to $9.00 as the sector’s momentum plays out.