Roth Capital Predicts EVgo's Q3 Earnings (NASDAQ:EVGO)

Key Points

• Roth Capital has revised down its earnings per share estimate for EVgo's Q3 2025, now predicting a loss of ($0.10), compared to the previous estimate of ($0.06).
• EVgo's stock opened at $3.49, with a market capitalization of $1.07 billion and a consensus price target of $6.19.
• According to a recent earnings report, EVgo reported a revenue of $98.03 million for the quarter, exceeding analysts' expectations of $86.15 million.

EVgo Inc. (NASDAQ:EVGO - Free Report) - Analysts at Roth Capital lowered their Q3 2025 EPS estimates for EVgo in a report released on Wednesday, August 6th. Roth Capital analyst C. Irwin now expects that the company will post earnings of ($0.10) per share for the quarter, down from their previous estimate of ($0.06). Roth Capital has a "Buy" rating on the stock. The consensus estimate for EVgo's current full-year earnings is ($0.45) per share. Roth Capital also issued estimates for EVgo's Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.42) EPS, FY2026 earnings at ($0.28) EPS and FY2027 earnings at ($0.01) EPS.

Other analysts have also issued reports about the stock. Morgan Stanley increased their price target on shares of EVgo from $4.00 to $4.50 and gave the stock an "equal weight" rating in a research report on Wednesday. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of EVgo in a research report on Thursday, May 8th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, EVgo currently has an average rating of "Buy" and a consensus price target of $6.19.

EVgo Stock Performance

Shares of EVGO stock opened at $3.49 on Friday. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of -8.51 and a beta of 2.33. EVgo has a 1-year low of $2.19 and a 1-year high of $9.07. The stock's fifty day simple moving average is $3.76 and its 200-day simple moving average is $3.26.

EVgo (NASDAQ:EVGO - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported ($0.10) earnings per share for the quarter, topping analysts' consensus estimates of ($0.13) by $0.03. The company had revenue of $98.03 million during the quarter, compared to analysts' expectations of $86.15 million. The company's revenue for the quarter was up 47.1% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.10) EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Ethic Inc. bought a new position in shares of EVgo during the 2nd quarter valued at about $38,000. Summit Securities Group LLC acquired a new stake in EVgo during the first quarter worth approximately $30,000. Merit Financial Group LLC acquired a new stake in EVgo in the 1st quarter worth about $31,000. Mariner LLC bought a new stake in shares of EVgo in the fourth quarter valued at approximately $48,000. Finally, Ballentine Partners LLC acquired a new position in EVgo in the 1st quarter valued at $32,000. Institutional investors own 17.44% of the company's stock.

Insider Transactions at EVgo

In other news, President Dennis G. Kish sold 73,215 shares of the stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $3.69, for a total value of $270,163.35. Following the transaction, the president owned 72,269 shares of the company's stock, valued at $266,672.61. This represents a 50.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 58.79% of the company's stock.

EVgo Company Profile

EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.

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