ChargePoint Holdings shares jumped 7% to $10.16 on Wednesday, extending a strong September run while EVgo fell 3% to $1.29 and Blink Charging slipped 0.45% to $0.56. The divergent performance underscored company-specific buying rather than a broad re-rating of EV charging stocks. ChargePoint’s second-quarter revenue rose 18% year over year to $116 million, above its $100 million to $110 million guidance range. Networked charging systems revenue increased 25%, subscription revenue grew 10%, and non-GAAP gross margin reached 38%, helped partly by tariff refunds. The company’s adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) loss narrowed to roughly $5 million from more than $20 million a year earlier. UBS raised its price target to $9 from $8 while maintaining a neutral rating, and ChargePoint guided for current-quarter revenue of $105 million to $115 million. The Global X Autonomous & Electric Vehicles ETF rose 0.1% to $33.15, while the SPDR S&P 500 ETF Trust gained 0.38% to $767.11, indicating limited spillover across the broader group. Investors continue to weigh ChargePoint’s revenue and margin progress against cash requirements, balance-sheet constraints and uncertainty over charging demand. Further growth, margin expansion and lower cash burn could support the shares, while weaker guidance performance or renewed balance-sheet concerns could pressure the group. The source also advises ChargePoint investors to keep position sizes modest because of the high volatility typical of EV charging stocks.