EVgo, Inc. (EVGO)
Market Cap | 756.81M |
Revenue (ttm) | 160.95M |
Net Income (ttm) | -42.43M |
Shares Out | 301.52M |
EPS (ttm) | -0.46 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,463,524 |
Open | 2.450 |
Previous Close | 2.470 |
Day's Range | 2.440 - 2.620 |
52-Week Range | 1.880 - 8.160 |
Beta | 2.50 |
Analysts | Hold |
Price Target | 5.85 (+133.07%) |
Earnings Date | Mar 6, 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]
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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for EVGO stock is "Hold." The 12-month stock price forecast is $5.85, which is an increase of 133.07% from the latest price.
News
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 ...
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 ...
EVgo Jumps on Strong Sales Growth
The company's fourth-quarter sales of $50 million were better than estimates for $44 million.
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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.
EVgo rallies in premarket trading after reports narrower-than-expected loss and beats revenue forecast
EVgo Inc.'s stock EVGO, +0.44% was up by 16.5% in premarket trading on Wednesday after the electric-vehicle charging company reported a narrower-than-expected loss and beat its revenue estimate. EVgo'...
EVgo Inc. Reports Third Quarter 2023 Results
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the third quarter ended September 30, 2023. Management will host a conference call today at...
EVGo, Blink Charging, ChargePoint stocks have plunged: buy the dip?
The electric vehicle (EV) industry is going through a major slowdown as interest rates remain at an elevated level. The most recent Tesla earnings showed that the company's business was not growing as...
EVgo's Prefabricated Charging Infrastructure Deployment Model Expected to Cut Installation Timelines by 50% on Average
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 is using an ...
EVgo to Report Third Quarter 2023 Results on November 8, 2023
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...
From Coast to Coast, EVgo and eXtend Partners Receive More Than $12.7M in Funding to Expand Fast Charging Infrastructure
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced it has been sel...
EVgo ($EVGO) Partners with Honda and Acura Allowing EV Owners Access to Nationwide Charging Network
EVgo Inc. (NASDAQ: EVGO), a leading public fast charging network, has unveiled a new collaboration with American Honda Motor. This partnership aims to offer a variety of advantages to Honda and Acura ...
EVgo and Honda Partner to Provide EV Drivers with Direct Access to Public Fast Charging
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 a new collabora...
EVgo Advances Network Enhancements through EVgo ReNew™ Program, Releases Best Practices to Promote Greater Industry-wide Charger Reliability
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 significant pro...
EV charging needs big improvements soon if the auto industry's transition is going to work
There's a groundswell forming to expand and improve the U.S. charging landscape for EVs, but experts agree there's a long road ahead.