EVgo, Inc. (EVGO)
| Market Cap | 1.32B |
| 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 | 8,871,222 |
| Open | 4.200 |
| Previous Close | 4.280 |
| Day's Range | 4.110 - 4.380 |
| 52-Week Range | 1.650 - 9.070 |
| Beta | 2.25 |
| Analysts | Strong Buy |
| Price Target | 6.61 (+51.61%) |
| 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]
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 StatementsAnalyst 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 51.61% from the latest price.
News
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.
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.
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...
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...
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...
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.
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...
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...
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...
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.
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...
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.
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.
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...
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 ...
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...
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.
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.
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...
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...
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%,...
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...
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...
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.
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...