EVgo, Inc. (EVGO)

NASDAQ: EVGO · Real-Time Price · USD
2.910
-0.140 (-4.59%)
At close: Feb 21, 2025, 4:00 PM
2.950
+0.040 (1.37%)
After-hours: Feb 21, 2025, 7:28 PM EST
-4.59%
Market Cap 883.16M
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 3,745,697
Open 3.070
Previous Close 3.050
Day's Range 2.830 - 3.090
52-Week Range 1.650 - 9.070
Beta 2.33
Analysts Strong Buy
Price Target 6.11 (+109.97%)
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 $6.11, which is an increase of 109.97% from the latest price.

Price Target
$6.11
(109.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

EV charging stocks have plunged: here's why EVgo stands out

EV charging stocks should be thriving this year as the number of electric vehicles in the United States jump. Americans bought about 1.4 million EVs in 2024, a trend that may keep growing in the comin...

2 days ago - Invezz

EVgo's Next Supercharge: A Compelling Long-Term Investment

EVgo stands out in the EV charging niche, growing rapidly with DOE loan approval, making it a strong long-term play despite near-term volatility. EVgo's focus on DC fast charging and its asset-light e...

10 days ago - Seeking Alpha

5 stocks under $10 to buy hand over fist to 5x your gains

American stocks have a long history of doing well, with the Dow Jones, Nasdaq 100, and S&P 500 indices nearing their all-time highs. This growth has made some companies highly expensive, with the Berk...

Other symbols: COMPGRABNIORDFN
16 days ago - Invezz

3 reasons why the EVgo stock price may surge 160% soon

EVgo stock price has imploded in the past few months, erasing some of the gains made late last year. It crashed to a low of $3.50 on Tuesday, down by almost 62% from its highest level in 2024, bringin...

16 days ago - Invezz

EVgo, Enovix Shine, But What About ChargePoint, Plug Power? Clean Energy Analyst's Stock Picks For 2025

When JPMorgan analyst Bill Peterson spoke about the clean energy space for 2025, his focus was on EVgo Inc EVGO and Enovix Corp ENVX as top picks, citing their better positioning for growth and profit...

Other symbols: CHPTPLUG
4 weeks ago - Benzinga

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...

5 weeks 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 weeks 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. ...

6 weeks 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.

2 months 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
2 months 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...

2 months 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...

2 months 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...

2 months 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.

2 months 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
2 months 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...

2 months 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...

2 months 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.

2 months 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...

2 months 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.

2 months 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
2 months 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
2 months 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 ...

2 months 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...

2 months 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
3 months ago - Benzinga