EVgo, Inc. (EVGO)
NASDAQ: EVGO · IEX Real-Time Price · USD
1.720
-0.030 (-1.71%)
At close: Apr 24, 2024, 4:00 PM
1.730
+0.010 (0.58%)
After-hours: Apr 24, 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 232.56% from the current stock price of 1.72.
Analyst Consensus: Buy
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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 5 | 5 | 5 | 5 | 4 | 4 |
| Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $4 | Buy | Reiterates | $4 | +132.56% | Apr 5, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $9 → $8 | Buy | Maintains | $9 → $8 | +365.12% | Mar 7, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy → Hold Downgrades $5 | Buy → Hold | Downgrades | $5 | +190.70% | Mar 7, 2024 |
| RBC Capital | RBC Capital | Hold → Buy Upgrades $5 → $4 | Hold → Buy | Upgrades | $5 → $4 | +132.56% | Mar 7, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $5 | Hold | Reiterates | $5 | +190.70% | Jan 18, 2024 |
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
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 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.