EVgo, Inc. (EVGO)

NASDAQ: EVGO · Real-Time Price · USD
5.98
+0.15 (2.57%)
At close: Nov 20, 2024, 4:00 PM
6.05
+0.07 (1.17%)
Pre-market: Nov 21, 2024, 5:15 AM EST
2.57%
Market Cap 1.81B
Revenue (ttm) 239.31M
Net Income (ttm) -44.22M
Shares Out 303.15M
EPS (ttm) -0.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,330,803
Open 6.17
Previous Close 5.83
Day's Range 5.66 - 6.19
52-Week Range 1.65 - 9.07
Beta 2.39
Analysts Strong Buy
Price Target 6.61 (+10.54%)
Earnings Date Nov 12, 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 -$42.09 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 10.54% from the latest price.

Price Target
$6.61
(10.54% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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
1 day 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...

1 day 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%,...

7 days 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...

8 days ago - Seeking Alpha

EVgo Inc. Reports Record Third Quarter 2024 Results

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the third quarter ended September 30, 2024. Management will host a conference call today at...

8 days ago - Business Wire

Trump Vs. Harris: EVgo, Cleveland-Cliffs, Plug Power, Nucor Brace For 2024 Election Impact

As Election Week 2024 is upon us, Wall Street is geared up for sector-specific shakeups, with JPMorgan's Bill Peterson spotlighting a decisive split in potential stock moves.

Other symbols: CLFNUEPLUG
16 days ago - Benzinga

EVgo to Report Third Quarter 2024 Results on November 12, 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 re...

27 days ago - Business Wire

My EVgo stock price forecast was accurate: here's what to expect

EVgo (EVGO) stock has gone parabolic this year, making it one of the best-performing companies in Wall Street. It surged to a high of $8.45 on Wednesday, its highest level since October 2022.

4 weeks ago - Invezz

EVgo Stock Rises on Another Upgrade

Thursday, UBS analyst William Grippin upgraded shares to Buy from Hold. His price target increased by more than 100% to $8.50 from $4 a share.

5 weeks ago - Barrons

EVgo and Delta Electronics Sign MOU to Co-Develop Next-Generation Charging Architecture

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), announced today that it has ent...

5 weeks ago - Business Wire

Overlooked Stock: EVgo Inc. (EVGO)

EVgo Inc. (EVGO) saw a massive rally this week that sent its stock to an 18-month high. George Tsilis looks at EVgo's peers in the EV-charging space to see why it's getting so much attention.

6 weeks ago - Schwab Network

Rivian Automotive Cuts Production Outlook, Joins EVgo And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining over 50 points on Friday.

Other symbols: RIVN
6 weeks ago - Benzinga

This EV stock could jump 80% in 12 months, JP Morgan analyst says

Evgo Inc (NASDAQ: EVGO) is up about 50% on Thursday after a JPMorgan analyst issued a super bullish note in its favour. Bill Peterson upgraded the electric vehicle charging company to “overweight” thi...

6 weeks ago - Invezz

EVgo (EVGO) Secures $1.05 Billion Loan Guarantee, Shares Surge

EVgo Inc. (EVGO, Financial), an electric vehicle charging company, has obtained a conditional loan guarantee of up to $1.05 billion from the U.S. Department of Energy. This funding is aimed at expandi...

6 weeks ago - GuruFocus

EVgo Secures $1.05 Billion Loan Guarantee to Expand US Charging Network

As the electric vehicle (EV) industry pursues mainstream adoption, the demand for robust charging infrastructure is more critical than ever. With global efforts to combat climate change and reduce rel...

6 weeks ago - PYMNTS

EVgo CEO Badar Khan on extending its EV infrastructure, expanding charging and outlook

Badar Khan, EVgo CEO, joins 'Power Lunch' to discuss the company extending its EV infrastructure, expanding EV charging and EV outlook.

6 weeks ago - CNBC Television

EVgo Stock Soars on Government Loan, JPMorgan Upgrade

EVgo (EVGO) shares soared 50% Thursday after the electric vehicle (EV) charging station provider received a $1.05 billion conditional government loan guarantee to install public EV chargers.

6 weeks ago - Investopedia

EVgo Vs. ChargePoint: Analyst Verdict On Which Stock Leads The EV Charging Race?

When it comes to electric vehicle (EV) charging stocks, EVgo Inc EVGO is set to outperform. ChargePoint Holdings Inc CHPT, however, struggles to maintain momentum.

Other symbols: CHPT
6 weeks ago - Benzinga

EVGo Stock Is Soaring. Charging Stocks Aren't All Alike.

J.P. Morgan analyst Bill Peterson upgraded EVgo stock to Buy, and downgraded ChargePoint stock to Sell.

6 weeks ago - Barrons

EVgo Receives Conditional Commitment for DOE Loan Guarantee of up to $1.05 Billion to Accelerate Buildout of Public Fast Charging Across the U.S.

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. announced it has received a conditional commitment for a loan guarantee of up to $1.05 billion of debt financing from the U.S. DOE.

6 weeks ago - Business Wire

US offers EVgo conditional $1.05 billion loan for EV chargers

The United States on Thursday offered EVgo a conditional loan guarantee of up to $1.05 billion to expand public electric vehicle-charging infrastructure across the country, some of which in marginaliz...

6 weeks ago - Reuters

EVgo Appoints Paul Dobson Chief Financial Officer

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 appointment...

2 months ago - Business Wire

EVgo stock price analysis: risk/reward is very attractive

EVgo (EVGO) stock price has staged a strong comeback in the past few months as other electric vehicle companies and EV charging companies like Blink Charging and ChargePoint plunged. It rose to a high...

2 months ago - Invezz

EVgo and GM Take Charging to the Next Level with New Flagship Destinations Set to Optimize the Charging Experience

LOS ANGELES--(BUSINESS WIRE)--After years of collaborating to increase public charging access, EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging netw...

2 months ago - Business Wire

EVgo CEO to Host Public Virtual Town Hall on October 2 at 8:30AM ET

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 Badar Kha...

2 months ago - Business Wire