ChargePoint Shares Surge Amid Sector-Wide Infrastructure Rally

ChargePoint Holdings US15961R1059

Shares of electric vehicle charging network operator ChargePoint Holdings experienced a significant uptick, closing Friday's session with a gain of 9.7%. This advance occurred as investor focus shifted toward infrastructure plays, including providers of EV charging hardware, during a broader market rally that saw major indices touch record highs. The move raises questions about whether the company's newly announced pricing strategy can provide fundamental support for this momentum.

Market participants are now looking ahead to March 3, 2026, the anticipated date for the release of ChargePoint's fourth-quarter and full-year 2026 financial results. Recent quarterly figures have hinted at an improving trajectory. For the third quarter, the company reported a 6% year-over-year increase in revenue, reaching $106 million. Concurrently, its net loss showed a notable reduction, narrowing to $52.5 million from $77.6 million in the comparable prior period.

The company's global footprint currently consists of more than 363,000 charging ports, with over 37,000 of those being DC fast-charging stations. Its European operations represent a substantial portion of the network, with a presence of more than 123,000 charging spots. The forthcoming annual report will be scrutinized for confirmation that the trend of shrinking losses is continuing and for early indications of the new monetization strategy's impact.

Strategic Shift Toward Usage-Based Fees

A central element of ChargePoint's forward strategy is a major revision to its revenue model, scheduled to take effect in March 2026. The company will implement per-session service fees across its network. Under the new structure, registered users will be charged a flat rate of $0.25 for AC (Level 2) charging sessions and $0.49 for DC fast-charging sessions.

For drivers utilizing the network without a registered account, these fees will be approximately doubled, amounting to $0.49 per AC session and $0.99 per DC session. This strategic pivot is designed to enhance the economic performance of the charging network and diversify the company's revenue streams.