From what 17 stock analysts predict, the share price for Switchback Energy Acquisition Corp (CHPT) might increase by 73.84% in the next year. This is based on a 12-month average estimation for CHPT. Price targets go from $1.2 to $4. The majority of stock analysts believe CHPT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 17 Wall Street analysts have assigned CHPT 3 buy ratings, 12 hold ratings, and 2 sell ratings. This means that analysts expect Switchback Energy Acquisition Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CHPT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CHPT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Michael Legg Benchmark | Buy | $3 | Reiterates | Nov 20, 2024 |
Stephen Gengaro Stifel | Hold | $2 | Maintains | Oct 30, 2024 |
Robert Jamieson UBS | Neutral | $1.5 | Maintains | Oct 15, 2024 |
Bill Peterson JP Morgan | Underweight | Downgrade | Oct 3, 2024 | |
Mark Delaney Goldman Sachs | Sell | $1.25 | Maintains | Sep 6, 2024 |
Chris Pierce Needham | Buy | $2 | Maintains | Sep 5, 2024 |
Gabe Daoud TD Cowen | Hold | $2 | Downgrade | Sep 5, 2024 |
James West Evercore ISI Group | Outperform | $4 | Maintains | Sep 5, 2024 |
Chris Dendrinos RBC Capital | Sector Perform | $2.5 | Maintains | Sep 5, 2024 |
Michael Legg Benchmark | Buy | $3 | Reiterates | Sep 5, 2024 |
Michael Legg Benchmark | Buy | $3 | Maintains | Jun 28, 2024 |
Gabe Daoud TD Cowen | Buy | $3 | Maintains | Jun 6, 2024 |
Chris Pierce Needham | Buy | $3 | Reiterates | Jun 6, 2024 |
Mark Delaney Goldman Sachs | Sell | $1.5 | Downgrade | Apr 9, 2024 |
Chris Pierce Needham | Buy | $3 | Reiterates | Apr 4, 2024 |
Colin Rusch Oppenheimer | Perform | Maintains | Mar 6, 2024 | |
Chris Dendrinos RBC Capital | Sector Perform | $3 | Downgrade | Mar 6, 2024 |
Matt Summerville DA Davidson | Buy | $4 | Maintains | Mar 6, 2024 |
Michael Legg Benchmark | Buy | $4.25 | Reiterates | Mar 6, 2024 |
Jaime Perez RF Lafferty | Hold | $3 | Maintains | Mar 6, 2024 |
When did it IPO
2020
Staff Count
1,650
Country
United States
Sector/Industry
Consumer Cyclical/Specialty Retail
CEO
Mr. Richard Wilmer
Market Cap
$526.5M
In 2023, CHPT generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CHPT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
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