Inventory RiskElevated inventory levels are seen as a risk, especially with a return to stronger industry demand uncertain at this time.
Profitability ConcernsChargePoint's path to profitability is unclear at this stage, despite measures to improve its cost basis by offshoring to Asia.
Revenue Guidance3Q revenue guidance of $85-95MM is -34% below Street's $137MM & represents a -17% q/q and -19% y/y decline at the midpoint underscoring current industry headwinds.