EVgo, Inc. (EVGO)
NASDAQ: EVGO · IEX Real-Time Price · USD
2.350
-0.050 (-2.08%)
At close: Jul 2, 2024, 4:00 PM
2.340
-0.010 (-0.43%)
After-hours: Jul 2, 2024, 7:55 PM EDT
EVgo, Inc. Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for EVgo, Inc. stock have an average target of 4.00, with a low estimate of 2.00 and a high estimate of 7.00. The average target predicts an increase of 70.21% from the current stock price of 2.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EVgo, Inc. stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 5 | 4 | 4 | 4 | 3 | 3 |
| Sell | 2 | 2 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 9 | 9 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $4 | Buy | Reiterates | $4 | +70.21% | Jul 1, 2024 |
| Benchmark | Benchmark | Strong Buy Initiates $3 | Strong Buy | Initiates | $3 | +27.66% | Jun 5, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $8 → $7 | Buy | Maintains | $8 → $7 | +197.87% | May 13, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold → Buy Upgrades $4 | Hold → Buy | Upgrades | $4 | +70.21% | May 9, 2024 |
| Citigroup | Citigroup | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | -14.89% | May 9, 2024 |
Financial Forecast
Revenue This Year
253.36M
from 160.95M
Increased by 57.41%
Revenue Next Year
355.86M
from 253.36M
Increased by 40.46%
EPS This Year
-0.33
from -0.46
EPS Next Year
-0.20
from -0.33
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 270.9M | 420.0M | 547.9M | 700.8M | 927.1M |
| Avg | 253.4M | 355.9M | 472.3M | 634.3M | 774.8M |
| Low | 224.9M | 291.7M | 347.0M | 556.4M | 586.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 68.3% | 65.8% | 54.0% | 48.4% | 46.1% |
| Avg | 57.4% | 40.5% | 32.7% | 34.3% | 22.1% |
| Low | 39.7% | 15.1% | -2.5% | 17.8% | -7.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.02 | 0.16 | -0.01 | -0.20 | -0.01 |
| Avg | -0.33 | -0.20 | -0.10 | -0.19 | -0.01 |
| Low | -0.41 | -0.33 | -0.26 | -0.19 | -0.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.