EVgo, Inc. (EVGO)

NASDAQ: EVGO · IEX Real-Time Price · USD
2.280
-0.080 (-3.39%)
At close: May 17, 2024, 4:00 PM
2.300
+0.020 (0.88%)
After-hours: May 17, 2024, 7:54 PM EDT
-3.39%
Market Cap 687.13M
Revenue (ttm) 190.81M
Net Income (ttm) -39.18M
Shares Out 302.03M
EPS (ttm) -0.38
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,142,908
Open 2.350
Previous Close 2.360
Day's Range 2.260 - 2.370
52-Week Range 1.650 - 5.950
Beta 2.53
Analysts Buy
Price Target 4.75 (+108.33%)
Earnings Date May 7, 2024

About EVGO

EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behi... [Read more]

Founded 2010
Employees 292
Stock Exchange NASDAQ
Ticker Symbol EVGO
Full Company Profile

Financial Performance

In 2023, EVgo, Inc.'s revenue was $160.95 million, an increase of 194.85% compared to the previous year's $54.59 million. Losses were -$42.43 million, 53.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for EVGO stock is "Buy." The 12-month stock price forecast is $4.75, which is an increase of 108.33% from the latest price.

Price Target
$4.75
(108.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

EVgo Doubles Down on Commitment to Begin NACS Deployments in 2024

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that the Compan...

4 days ago - Business Wire

EVgo Inc. Reports Record First Quarter 2024 Results

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the first quarter ended March 31, 2024. Management will host a conference call today at 11:...

11 days ago - Business Wire

EVgo Expansion in Los Angeles Recognized with 1st Place Leadership Award by Largest Municipal Utility in the Nation

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that the company was recognized with a fi...

17 days ago - Business Wire

EVgo to Report First Quarter 2024 Results on May 7, 2024

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that it will r...

24 days ago - Business Wire

5 US penny stocks to buy now for short-term gains

Penny stocks are among the most popular assets among day traders because of their substantially lower prices compared to big companies like Berkshire Hathaway and Amazon. They are also high-risk inves...

Other symbols: EBGPRONYCBQS
26 days ago - Invezz

Here's why the EVGo, Blink, and ChargePoint stocks are crashing

EV charging stocks are not doing well this year. EVGo stock price has crashed by over 42% in 2024 while ChargePoint is down by 29.4%.

Other symbols: CHPTBLNK
5 weeks ago - Invezz

EVgo ($EVGO) Expands Autocharge+ Feature to Streamline EV Charging for Over 50 EV Models

EVgo (NASDAQ: EVGO), one of the nation's largest public fast charging networks, has announced that over 50 EV models now qualify for its seamless Autocharge+ feature. This innovative feature streamlin...

5 weeks ago - Green Stock News

EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that more than 50 EV models are eligible ...

5 weeks ago - Business Wire

EVgo Welcomes Scott Griffith to Board of Directors

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith ...

6 weeks ago - Business Wire

EVgo to Host Financial Modeling Webinar on April 4, 2024

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (“EVs”), today announced that its Chi...

6 weeks ago - Business Wire

SLB Capital Advisors Advises on Sale Leasebacks For Leading EV Fast Charging Solutions Provider EVgo

EVgo Leverages Strategic Capital Model to Grow Fast Charging Footprint NEW YORK , March 26, 2024 /PRNewswire/ -- SLB Capital Advisors, a real estate advisory firm focused on executing sale leasebacks ...

7 weeks ago - PRNewsWire

EVgo Opens First Public Fast Charging Site with Innovative Prefabrication Approach

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced the opening of ...

2 months ago - Business Wire

EVgo Jumps on Strong Sales Growth

The company's fourth-quarter sales of $50 million were better than estimates for $44 million.

2 months ago - Barrons

EVgo's stock jumps as EV-charging revenue triples

Shares of EVgo Inc. got a nice boost Wednesday after the company, which operates an electric-vehicle-charging network, reported fourth-quarter results that beat expectations, with charging revenue mor...

2 months ago - Market Watch

EVgo Inc. Reports Fourth Quarter and Full Year 2023 Results

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2023. Management will host a conference...

2 months ago - Business Wire

EVgo to Report Fourth Quarter and Full Year 2023 Results on March 6, 2024

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that it will r...

3 months ago - Business Wire

Is it safe to buy EV charging stocks like CHPT, EVGO, and BLNK?

Everything related to electric vehicles (EVs) is not doing well in 2024. EV stocks like Tesla and Nio have all plunged hard this year, shedding over $1 trillion in valuation.

Other symbols: BLNKCHPT
3 months ago - Invezz

EVgo Announces Awardees of Second Annual National EV Charging Recognition Program, presented by Connect the Watts™

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced the awardees of its second annual Nationa...

3 months ago - Business Wire

EVgo Announces Certain Preliminary Financial and Operating Results, Anticipates Meeting or Exceeding 2023 Financial and Operating Guidance and Focuses on Building, Owning and Operating a Best-in-Class Public Charging Network

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced certain prelimi...

4 months ago - Business Wire

EVgo and Toyota Extend Agreement to Provide One Year of Complimentary Fast Charging to 2024 bZ4X Customers

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced an extension of...

4 months ago - Business Wire

Pilot Travel Centers LLC, General Motors and EVgo Make Convenient, Accessible Charging a Reality with Opening of First Stations in Coast-to-Coast EV Charging Network

At least 25 locations offering 100 fast charging stalls by end of year; approximately 200 locations targeted by end of 2024 Pilot and Flying J travel centers feature 24/7 amenities, including 350kW ch...

Other symbols: GM
5 months ago - PRNewsWire

EVgo and Meijer Expand Fast Charging Partnership through EVgo eXtend

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced it will install...

6 months ago - Business Wire

As ChargePoint (CHPT) stock plummets are EVGO and Blink good buys?

ChargePoint (NASDAQ: CHPT) stock price crashed hard on Friday after the company published a weak preliminary statement. As I wrote earlier, CHPT also lost its Chief Executive and Chief Finance Officer...

Other symbols: CHPT
6 months ago - Invezz

Hertz and EVgo Partner to Offer EV Renters One Year of Special Charging Rates

ESTERO, Fla. & LOS ANGELES--(BUSINESS WIRE)--Hertz (NASDAQ: HTZ) and EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles...

Other symbols: HTZ
6 months ago - Business Wire

EVs Aren't Dead Yet. EVgo Stock Jumps on Strong Results.

Electric-vehicle charging network investors got some relief from an upbeat EVgo report, and a bonus update from ChargePoint.

6 months ago - Barrons