EVgo, Inc. (EVGO)
NASDAQ: EVGO · Real-Time Price · USD
4.360
+0.080 (1.87%)
At close: Dec 20, 2024, 4:00 PM
4.361
0.00 (0.01%)
After-hours: Dec 20, 2024, 7:52 PM 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 51.61% from the current stock price of 4.36.
Analyst Consensus: Strong Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 4 | 4 | 4 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $8 → $7 | Buy | Maintains | $8 → $7 | +60.55% | Dec 20, 2024 |
| 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 | +129.36% | Oct 30, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $4 → $8.5 | Hold → Strong Buy | Upgrades | $4 → $8.5 | +94.95% | Oct 10, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $4 → $8 | Buy | Maintains | $4 → $8 | +83.49% | Oct 9, 2024 |
Financial Forecast
Revenue This Year
263.85M
from 160.95M
Increased by 63.93%
Revenue Next Year
365.18M
from 263.85M
Increased by 38.40%
EPS This Year
-0.38
from -0.46
EPS Next Year
-0.30
from -0.38
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 278.0M | 420.0M | 543.4M | |||
| Avg | 263.9M | 365.2M | 478.7M | |||
| Low | 249.8M | 314.9M | 410.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 72.7% | 59.2% | 48.8% | |||
| Avg | 63.9% | 38.4% | 31.1% | |||
| Low | 55.2% | 19.4% | 12.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.19 | 0.19 | 0.32 | |||
| Avg | -0.38 | -0.30 | -0.20 | |||
| Low | -0.40 | -0.52 | -0.42 |
EPS Growth
| EPS Growth | 2024 | 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.