|Bid||34.35 x 1400|
|Ask||35.21 x 1400|
|Day's range||33.89 - 34.85|
|52-week range||33.73 - 63.61|
|Beta (5Y monthly)||1.32|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Cybersecurity is rapidly becoming a necessity for more businesses, powering the growth of providers even in tough times.
It generates most of its revenue by selling its charging systems to businesses, which either provide them to customers or use them to charge their own fleets, while the rest comes from subscription fees, which it collects from drivers who access its charging stations. ChargePoint's revenue only rose 1% in fiscal 2021, but it surged 65% to $242 million in fiscal 2022 (which ended this January) as it scaled up its charging network. Analysts expect its revenue to soar 99% to $482 million this year as even more businesses install EV charging stations.
Tenable Holdings, Inc. ( NASDAQ:TENB ) shareholders might be concerned after seeing the share price drop 25% in the...