EVgo, Inc. (EVGO)

EVgo, Inc. Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for EVgo, Inc. stock have an average target of 6.11, with a low estimate of 2.00 and a high estimate of 8.00. The average target predicts an increase of 156.18% from the current stock price of 2.39.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$2.00	$6.11	$7.00	$8.00
Change	-16.14%	+156.18%	+193.50%	+235.43%

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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	4	4	4	4	4	4
Buy	4	4	4	4	4	4
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bill Peterson JP Morgan	JP Morgan	Buy Maintains $6 → $5	Buy	Maintains	$6 → $5	+109.64%	Mar 12, 2025
Stephen Gengaro Stifel	Stifel	Strong Buy Maintains $10 → $8	Strong Buy	Maintains	$10 → $8	+235.43%	Mar 6, 2025
Andres Sheppard Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $8	Buy	Reiterates	$8	+235.43%	Mar 5, 2025
Chris Pierce Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Mar 5, 2025
Bill Peterson JP Morgan	JP Morgan	Buy Maintains $7 → $6	Buy	Maintains	$7 → $6	+151.57%	Feb 19, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

364.97M

Increased by 42.11%

from 256.83M

Revenue Next Year

475.76M

Increased by 30.36%

from 364.97M

EPS This Year

-0.30

from -0.41

EPS Next Year

-0.18

from -0.30

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	14.58M	22.21M	54.59M	160.95M	256.83M	364.97M	475.76M	637.75M
Revenue Growth	-16.82%	52.41%	145.74%	194.85%	59.57%	42.11%	30.36%	34.05%
EPS	-0.01	-0.09	-0.40	-0.46	-0.41	-0.30	-0.18	-0.11
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	14	14	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	420.0M	543.4M	709.9M
Avg	365.0M	475.8M	637.8M
Low	317.4M	407.9M	571.8M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	63.5%	48.9%	49.2%
Avg	42.1%	30.4%	34.0%
Low	23.6%	11.8%	20.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	0.19	0.32	0.08
Avg	-0.30	-0.18	-0.11
Low	-0.52	-0.42	-0.28

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
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.