EVgo, Inc. (EVGO)
NASDAQ: EVGO · IEX Real-Time Price · USD
1.950
-0.110 (-5.34%)
At close: Apr 12, 2024, 4:00 PM
2.000
+0.050 (2.56%)
After-hours: Apr 12, 2024, 7:57 PM EDT

EVgo, Inc. Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for EVgo, Inc. stock have an average target of 5.72, with a low estimate of 1.00 and a high estimate of 10. The average target predicts an increase of 193.33% from the current stock price of 1.95.

Analyst Consensus: Buy
Target Low Average Median High
Price $1.00 $5.72 $5.00 $10
Change -48.72% +193.33% +156.41% +412.82%

Analyst Ratings

The average analyst rating for EVgo, Inc. stock from 9 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111
Buy 333333
Hold 555544
Sell 222221
Strong Sell 000000
Total 11111111109

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Reiterates
$4
Buy Reiterates $4 +105.13% Apr 5, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$9$8
Buy Maintains $9$8 +310.26% Mar 7, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Downgrades
$5
Hold Downgrades $5 +156.41% Mar 7, 2024
RBC Capital
RBC Capital
Buy
Upgrades
$5$4
Buy Upgrades $5$4 +105.13% Mar 7, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$5
Hold Reiterates $5 +156.41% Jan 18, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
256.30M
from 160.95M
Increased by 59.24%
Revenue Next Year
378.92M
from 256.30M
Increased by 47.84%
EPS This Year
-0.38
from -0.46
EPS Next Year
-0.22
from -0.38
Year 202020212022202320242025202620272028
Revenue
13.05M22.21M54.59M160.95M256.30M378.92M524.43M654.74M864.18M
Revenue Growth
-70.24%145.74%194.85%59.24%47.84%38.40%24.85%31.99%
EPS
-2.61-0.09-0.40-0.46-0.38-0.22-0.15-0.180.82
EPS Growth
---------
No. Analysts ----12121033
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 275.0M 442.5M 636.3M 801.6M 972.6M
Avg 256.3M 378.9M 524.4M 654.7M 864.2M
Low 235.5M 332.3M 344.9M 470.5M 722.2M

Revenue Growth

Revenue Growth 20242025202620272028
High
70.9%
72.6%
67.9%
52.8%
48.6%
Avg
59.2%
47.8%
38.4%
24.8%
32.0%
Low
46.3%
29.7%
-9.0%
-10.3%
10.3%

EPS Forecast

EPS 20242025202620272028
High 0.03 0.32 -0.01 -0.19 0.84
Avg -0.38 -0.22 -0.15 -0.18 0.82
Low -0.66 -0.43 -0.28 -0.18 0.78

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.