EVgo, Inc. (EVGO)
NASDAQ: EVGO · Real-Time Price · USD
5.98
+0.15 (2.57%)
At close: Nov 20, 2024, 4:00 PM
5.99
+0.01 (0.17%)
Pre-market: Nov 21, 2024, 7:36 AM EST

EVgo, Inc. Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for EVgo, Inc. stock have an average target of 6.61, with a low estimate of 2.00 and a high estimate of 10. The average target predicts an increase of 10.54% from the current stock price of 5.98.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $2.00 $6.61 $7.00 $10
Change -66.56% +10.54% +17.06% +67.22%

Analyst Ratings

The average analyst rating for EVgo, Inc. stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 112244
Buy 333344
Hold 344422
Sell 000000
Strong Sell 000000
Total 78991010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Nov 13, 2024
Stifel
Stifel
Strong Buy
Maintains
$6$10
Strong Buy Maintains $6$10 +67.22% Oct 30, 2024
UBS
UBS
Strong Buy
Upgrades
$4$8.5
Strong Buy Upgrades $4$8.5 +42.14% Oct 10, 2024
RBC Capital
RBC Capital
Buy
Maintains
$4$8
Buy Maintains $4$8 +33.78% Oct 9, 2024
TD Cowen
TD Cowen
Strong Buy
Upgrades
$5$7
Strong Buy Upgrades $5$7 +17.06% Oct 4, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
262.48M
from 160.95M
Increased by 63.08%
Revenue Next Year
364.62M
from 262.48M
Increased by 38.91%
EPS This Year
-0.38
from -0.46
EPS Next Year
-0.28
from -0.38
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
17.52M14.58M22.21M54.59M160.95M262.48M364.62M474.46M
Revenue Growth
9.49%-16.82%52.41%145.74%194.85%63.08%38.91%30.12%
EPS
--0.01-0.09-0.40-0.46-0.38-0.28-0.17
EPS Growth
--------
Forward PE
--------
No. Analysts -----141414
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 275.0M 420.0M 554.4M
Avg 262.5M 364.6M 474.5M
Low 244.9M 318.4M 376.7M

Revenue Growth

Revenue Growth 20242025202620272028
High
70.9%
60.0%
52.1%
Avg
63.1%
38.9%
30.1%
Low
52.2%
21.3%
3.3%

EPS Forecast

EPS 20242025202620272028
High -0.06 0.16 0.26
Avg -0.38 -0.28 -0.17
Low -0.46 -0.52 -0.37

EPS Growth

EPS Growth 20242025202620272028
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.