EVgo (EVGO) Stock Price, News & Analysis

Company Overview

EVgo operates one of the largest public electric vehicle (EV) fast-charging networks in the United States, delivering direct current (DC) fast charging and Level 2 charging services to passenger vehicles and commercial fleets. The company’s charging stations are strategically located in urban centers, suburban shopping areas, workplace parking facilities, and along major highway corridors, enabling convenient access for EV drivers and promoting long-distance travel.

The company offers a suite of charging solutions, including subscription plans, pay-per-use options, and fleet charging services tailored to the needs of ride-hailing, delivery, and corporate vehicle fleets. Customers can locate and initiate charging sessions through a mobile app, RFID cards, or third-party network integrations. EVgo also partners with automakers, municipalities, retail operators, and energy providers to expand charging access and integrate renewable energy sources.

Founded initially as NRG eVgo in 2010 under the umbrella of NRG Energy, EVgo became an independent entity following a sale to Vision Ridge Partners in 2018. In 2021, the company merged with a special purpose acquisition company (SPAC) to gain a public listing under the ticker EVGO on the Nasdaq exchange. This move helped accelerate network expansion and fund infrastructure upgrades, including bidirectional charging and grid-support capabilities.

Headquartered in Los Angeles, EVgo’s network extends across more than 30 states in major metropolitan areas from coast to coast. The company is led by CEO Cathy Zoi, who joined in 2021 with a background in clean energy technology and government policy. Under her leadership, EVgo continues to pursue partnerships and technological innovations aimed at making electric vehicle charging more accessible, reliable, and sustainable for a growing customer base.

Key Stats

• Today's Range: $1.86 to $1.92
• 50-Day Range: $1.66 to $2.27
• 52-Week Range: $1.64 to $5.18
• Volume: 3.14 million shs
• Average Volume: 3.98 million shs
• Market Capitalization: $590.06 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.28
• Consensus Rating: Hold

EVgo Stock Analysis - MarketRank™

EVgo scored higher than 46% of companies evaluated by MarketBeat, and ranked 63rd out of 85 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: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

EVgo has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on no strong buy ratings, 5 buy ratings, 3 hold ratings, and 1 sell rating.

Upside Potential

EVgo has a consensus price target of $5.28, representing about 180.9% upside from its current price of $1.88.

Amount of Analyst Coverage

EVgo has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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 ($0.25) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of EVgo is -5.37, 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 -5.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

EVgo has a P/B Ratio of 15.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

14.23% 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 13.43, which indicates bearish sentiment.

Change versus previous month

Short interest in EVgo has recently decreased by 4.03%, indicating that investor sentiment is improving.

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.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: -0.15

News Sentiment

EVgo has a news sentiment score of -0.15. 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 0.41 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for EVgo this week, compared to 4 articles on an average week.

Search Interest

Only 14 people have searched for EVGO on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.

MarketBeat Follows

7 people have added EVgo to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days.

Company Ownership

• Score: 0.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, EVgo insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.06% of the stock of EVgo is held by insiders.

Percentage Held by Institutions

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

Company Calendar

• Last Earnings: 5/05/2026
• Today: 5/24/2026
• Fiscal Year End: 12/31/2026

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: 2010

Price Target and Rating

• Average Price Target for EVgo: $5.28
• High Price Target: $7.00
• Low Price Target: $3.00
• Potential Upside/Downside: +180.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.44
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.35)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$41.57 million
• Net Margins: -11.15%
• Pretax Margin: -26.63%
• Return on Equity: N/A
• Return on Assets: -5.07%

Debt

• Debt-to-Equity Ratio: 5.39
• Current Ratio: 2.07
• Quick Ratio: 2.07

Sales & Book Value

• Annual Sales: $384.09 million
• Price / Sales: 1.54
• Cash Flow: $0.11 per share
• Price / Cash Flow: 17.82
• Book Value: $0.12 per share
• Price / Book: 15.67

Miscellaneous

• Outstanding Shares: 313,860,000
• Free Float: 313,671,000
• Market Cap: $590.06 million
• Optionable: Optionable
• Beta: 2.82