EVgo, Inc. (EVGO)

NASDAQ: EVGO · IEX Real-Time Price · USD
2.720
+0.040 (1.49%)
Feb 28, 2024, 1:27 PM EST - Market open
1.49%
Market Cap 760.36M
Revenue (ttm) 138.26M
Net Income (ttm) -34.26M
Shares Out 299.35M
EPS (ttm) -0.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 959,270
Open 2.620
Previous Close 2.680
Day's Range 2.590 - 2.760
52-Week Range 1.880 - 8.160
Beta 2.41
Analysts Hold
Price Target 7.05 (+159.19%)
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]

Founded 2010
Employees 292
Stock Exchange NASDAQ
Ticker Symbol EVGO
Full Company Profile

Financial Performance

In 2022, EVgo, Inc.'s revenue was $54.59 million, an increase of 145.74% compared to the previous year's $22.21 million. Losses were -$27.58 million, 366.9% more than in 2021.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for EVGO stock is "Hold." The 12-month stock price forecast is $7.05, which is an increase of 159.19% from the latest price.

Price Target
$7.05
(159.19% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

7 days ago - Business Wire

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.

Other symbols: BLNKCHPT
7 days ago - Invezz

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...

4 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

Other symbols: GM
3 months ago - PRNewsWire

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...

3 months ago - Business Wire

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...

Other symbols: CHPT
3 months ago - Invezz

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...

Other symbols: HTZ
3 months ago - Business Wire

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.

4 months ago - Barrons

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'...

4 months ago - Market Watch

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...

4 months ago - Business Wire

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...

Other symbols: BLNKCHPT
4 months ago - Invezz

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 ...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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 ...

Other symbols: HMC
5 months ago - Green Stock News

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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.

Other symbols: CHPTFGMTSLA
5 months ago - CNBC

EVgo stock ticks up as it receives domestically-made chargers from Delta Electronics

EVgo Inc. EVGO, -3.34% stock was up 1.4% in premarket trades Monday after the electric vehicle charging company said it has received ten 350kW fast chargers from Delta Electronics from Delta's recentl...

6 months ago - Market Watch

EVgo Receives First Shipment of Build America, Buy America 350kW High-Power Fast Chargers from Delta Electronics

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 receive...

6 months ago - Business Wire

EVgo ($EVGO) and Amazon ($AMZN) Launch Alexa-Enabled Navigation to Locate EV Charging Stations

EVgo Inc. (NASDAQ: EVGO), one of the nation's largest public fast charging networks for electric vehicles, has introduced an Alexa-enabled EV charging feature with Amazon. This feature allows drivers ...

Other symbols: AMZN
6 months ago - Green Stock News

EVgo and Amazon Launch Seamless EV Charger Navigation Experience with Alexa

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 debut of an...

6 months ago - Business Wire

Beam Crushes Earnings and the Stock Falls. Investors Don't Like EV Charging Now.

Monday evening, EV charging company Beam Global reported far better-than-expected sales for the second quarter. Shares dropped anyway.

Other symbols: BEEMCHPTWBX
7 months ago - Barrons