EVgo, Inc. (EVGO)

NASDAQ: EVGO · Real-Time Price · USD
3.410
-0.180 (-5.01%)
At close: Jan 17, 2025, 4:00 PM
3.430
+0.020 (0.59%)
After-hours: Jan 17, 2025, 7:56 PM EST
-5.01%
Market Cap 1.03B
Revenue (ttm) 239.31M
Net Income (ttm) -44.22M
Shares Out 303.49M
EPS (ttm) -0.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 5,916,611
Open 3.630
Previous Close 3.590
Day's Range 3.380 - 3.650
52-Week Range 1.650 - 9.070
Beta 2.36
Analysts Strong Buy
Price Target 6.61 (+93.84%)
Earnings Date Mar 5, 2025

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 -$42.09 million, 54.2% more than in 2022.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for EVGO stock is "Strong Buy." The 12-month stock price forecast is $6.61, which is an increase of 93.84% from the latest price.

Price Target
$6.61
(93.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

EVgo stock price just formed a death cross: buy the dip?

EVgo stock price has crashed hard in the past few months, erasing some of the gains made in the fourth quarter. After soaring to a high of $9.07 on October 25 last year, it has plunged by 60% to the c...

3 days ago - Invezz

EVgo: An Overlooked Play On The Debottlenecking Of EV Value Chain With 150% Upside

The DOE Loan fueled a ~40% higher stall growth in the next 5 years at a low cost, yet the impact is not priced in at the current levels. A clear and attainable catalyst path outlined by the management...

5 days ago - Seeking Alpha

EVgo Receives First Drawdown from $1.25 Billion Loan Guarantee

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”) today announced it has received its first drawdown of $75 million from its $1.25 billion guaranteed loan from the U.S. ...

12 days ago - Business Wire

EVgo Stock Plummets as Biggest Investor Sells 23M Shares

Shares of EVgo (EVGO) shorted out when the electric vehicle (EV) charging station operator announced a secondary public offering of its stock by its largest investor.

4 weeks ago - Investopedia

Mama's Creations Posts Weak Earnings, Joins EVgo, Red Cat Holdings And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Tuesday.

Other symbols: MAMARCAT
4 weeks ago - Benzinga

EVgo Inc. Announces Pricing of Secondary Offering of Class A Common Stock

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”) announced today the pricing of the previously announced underwritten public secondary offering by EVgo Holdings, LLC, a...

4 weeks ago - Business Wire

EVgo Inc. Announces Secondary Offering of Class A Common Stock

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”) announced today that EVgo Holdings, LLC, an affiliate of LS Power Equity Partners IV, L.P. (“LS Power”), intends to off...

5 weeks ago - Business Wire

Buy EVgo On Approved DoE Loan Unlocking New Revenue Growth

EVgo's path to EBITDA breakeven by late 2025 is significantly strengthened by approval of the $1.25 DoE loan with favorable terms. The company faces significant cash burn but has seen revenue grow 10x...

5 weeks ago - Seeking Alpha

EVgo Investors Get 'Holiday Gift' As Company Closes $1.25 Billion DOE Loan

EVgo (EVGO) shares went on a roller coaster ride Friday after the electric vehicle charging station maker received $1.25 billion in loan guarantees from the federal government to build more chargers.

5 weeks ago - Investopedia

Tortoise Capital Announces Index Updates for Fourth Quarter 2024

OVERLAND PARK, KS / ACCESSWIRE / December 13, 2024 / Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the fourth quarte...

Other symbols: CWTEOSELBSOBO
5 weeks ago - Accesswire

EVgo secures $1.25 billion loan amid Biden's rush to approve clean energy loans

Electric vehicle charging startup EVgo is the latest company to secure funds from the U.S. Department of Energy as the Biden administration races to approve clean energy loans before Donald Trump take...

5 weeks ago - TechCrunch

What made Evgo stock pop 10% on Friday?

Evgo Inc (NASDAQ: EVGO) is up 10% in premarket on Friday after securing a $1.25 billion guaranteed loan facility from the US Department of Energy (DOE). Evgo will use this loan to set up another 7,500...

5 weeks ago - Invezz

EVgo: $1.25B 'Holiday Gift' Propels It To JPMorgan's Top Pick List

EVgo Inc EVGO electrified investors by securing a $1.25 billion Department of Energy (DOE) loan guarantee.

5 weeks ago - Benzinga

EVgo Closes $1.25 Billion Guaranteed Loan Facility from U.S. Department of Energy

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”) today announced the closing of its $1.25 billion guaranteed loan facility from the U.S. Department of Energy (“DOE”) Lo...

5 weeks ago - Business Wire

Here's why EVgo stock price could surge by 92% in 2025

EVgo stock price has bounced back this year, helped by its balance sheet improvement and its growing business. It has soared by about 300% from its lowest level in May, and was trading at $6.60.

5 weeks ago - Invezz

EVgo Surges With $1 Billion Boost As ChargePoint Stumbles In Tough Market

EV charging stocks hit the brakes in November, down 21% over the past month, trailing both broader market indices and the EV sector average.

Other symbols: CHPT
6 weeks ago - Benzinga

Green Stock News for December 4, 2024: $ASTS $NXE $EVGO $GM $RVSN

Welcome to the green stock news brief for Wednesday, December 4th. Here are today's top headlines: AST SpaceMobile (NASDAQ: ASTS) and Cadence Design Systems have partnered to develop a custom chip tha...

Other symbols: GMASTSNXERVSN
6 weeks ago - Green Stock News

EVgo and GM Surpass 2,000 Public Fast Charging Stalls in the U.S.

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

6 weeks ago - Business Wire

EVgo: Q3 Results Likely To Support Reversal Rally

Initiating coverage on EVgo with a “Buy” rating, citing strong Q3 2024 results and potential for growth in the EV charging sector. EVgo reported a 92% year-on-year revenue growth and significant margi...

6 weeks ago - Seeking Alpha

Plug Power, EVgo Among JPMorgan's Top Sustainable Picks For 2025

As sustainable investing faces mixed signals heading into 2025, select stocks are well-positioned to benefit from ESG catalysts.

Other symbols: PLUG
7 weeks ago - Benzinga

EVgo Powers On Despite Trump Shake-Up: Analyst Projects 16% US Battery EV Penetration By 2030

The looming threat of the removal of the clean energy tax credit has rattled some, but JPMorgan analyst Bill Peterson says EVgo Inc. EVGO is set up for success.

2 months ago - Benzinga

Green Stock News for November 19, 2024: $GM $AI $MSFT $VFS $EVGO

Welcome to the green stock news brief for Tuesday, November 19th. Here are today's top headlines: General Motors (NYSE: GM) set a record by driving all 20 Super Cruise-enabled models in a hands-free c...

Other symbols: GMMSFTAIVFS
2 months ago - Green Stock News

EVgo and Meijer Expand Partnership to Install up to 480 New Fast Charging Stalls at Meijer Locations Across Midwest

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 expansion to...

2 months ago - Business Wire

EVgo Q3 Results: The Potential To Succeed Is There, But It'll Take Time

EVgo, Inc. reported Q3 '24 earnings with a 92.4% y/y sales increase but still faces inefficiencies and profitability challenges, leading to a hold rating. The company's gross margins improved to 9.4%,...

2 months ago - Seeking Alpha

EVgo, Inc. (EVGO) Q3 2024 Earnings Call Transcript

EVgo, Inc. (NASDAQ:EVGO) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Heather Davis - VP, IR Badar Khan - CEO Paul Dobson - CFO Conference Call Participants Bill...

2 months ago - Seeking Alpha