EVgo (EVGO) Stock Price, News & Analysis

Company Overview

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. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare such as data, research, and advertising services and equipment procurement and operational services. EVgo, Inc. was incorporated in 2010 and is headquartered in Los Angeles, California.EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.

Key Stats

• Today's Range: $3.21 to $3.37
• 50-Day Range: $3.30 to $4.59
• 52-Week Range: $2.19 to $9.07
• Volume: 4.56 million shs
• Average Volume: 3.61 million shs
• Market Capitalization: $1.01 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.13
• Consensus Rating: Buy

EVgo Stock Analysis - MarketRank™

EVgo scored higher than 43% of companies evaluated by MarketBeat, and ranked 48th out of 87 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

EVgo has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

EVgo has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for EVgo are expected to grow in the coming year, from ($0.45) to ($0.44) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of EVgo is -8.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of EVgo is -8.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

21.74% of the float of EVgo has been sold short.

Short Interest Ratio / Days to Cover

EVgo has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in EVgo has recently increased by 1.59%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

EVgo does not currently pay a dividend.

Dividend Growth

EVgo does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

21.74% of the float of EVgo has been sold short.

Short Interest Ratio / Days to Cover

EVgo has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in EVgo has recently increased by 1.59%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.28

News Sentiment

EVgo has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for EVgo this week, compared to 8 articles on an average week.

Search Interest

Only 17 people have searched for EVGO on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

MarketBeat Follows

5 people have added EVgo to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, EVgo insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $445,607.00 in company stock.

Percentage Held by Insiders

58.79% of the stock of EVgo is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 17.44% of the stock of EVgo is held by institutions.

EVGO Stock Analysis - Frequently Asked Questions

How have EVGO shares performed this year?

EVgo's stock was trading at $4.05 on January 1st, 2025. Since then, EVGO shares have decreased by 18.5% and is now trading at $3.30.

How were EVgo's earnings last quarter?

EVgo Inc. (NASDAQ:EVGO) issued its quarterly earnings results on Tuesday, May, 6th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.02. The company's revenue for the quarter was up 36.4% compared to the same quarter last year.
Read the conference call transcript.

Who are EVgo's major shareholders?

EVgo's top institutional shareholders include Clear Harbor Asset Management LLC (0.01%), CWM LLC (0.01%), IQ EQ FUND MANAGEMENT IRELAND Ltd (0.01%) and Pallas Capital Advisors LLC (0.01%). Insiders that own company stock include David Nanus, Badar Khan, Catherine Zoi, Francine Sullivan, Ivo Steklac, Olga Shevorenkova, Dennis G Kish, Stephanie Lee and Caroline Ogata.
View institutional ownership trends.

How do I buy shares of EVgo?

Shares of EVGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Last Earnings: 5/06/2025
• Today: 8/02/2025
• Next Earnings (Confirmed): 8/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: AUTO/TRUCK - ORIG
• Sub-Industry: Personal Services
• Current Symbol: NASDAQ:EVGO
• Previous Symbol: NYSE:EVGO
• CIK: 1821159
• Web: www.evgo.com
• Phone: 877-494-3833
• Fax: N/A
• Employees: 220
• Year Founded: N/A

Price Target and Rating

• Average Price Target for EVgo: $6.13
• High Price Target: $8.00
• Low Price Target: $4.00
• Potential Upside/Downside: +85.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.41)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$44.33 million
• Net Margins: -16.56%
• Pretax Margin: -45.83%
• Return on Equity: N/A
• Return on Assets: -5.67%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.27
• Quick Ratio: 2.27

Sales & Book Value

• Annual Sales: $276.95 million
• Price / Sales: 3.66
• Cash Flow: $0.07 per share
• Price / Cash Flow: 47.54
• Book Value: ($0.85) per share
• Price / Book: -3.88

Miscellaneous

• Outstanding Shares: 306,968,000
• Free Float: 126,502,000
• Market Cap: $1.01 billion
• Optionable: Optionable
• Beta: 2.34