EVgoEVGO
Market Cap: $421M
About: EVgo owns and operates a public direct current fast-charging network in the us. Its network of charging stations provides electric vehicle charging infrastructure to consumers and businesses. The network is capable of charging all EV models and meets all charging standards currently available in the us. EVgo partners with national and regional chains of grocery stores, automotive original equipment manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments and independent property owners in order to locate and deploy its EV charging infrastructure.
Employees: 295
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
119% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $1.12M
1.44% more ownership
Funds ownership: 41.97% [Q1] → 43.4% (+1.44%) [Q2]
4% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 46
2% more capital invested
Capital invested by funds: $111M [Q1] → $112M (+$1.69M) [Q2]
2% less funds holding
Funds holding: 177 [Q1] → 173 (-4) [Q2]
13% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 32
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 27%upside $5 | Overweight Reiterated | 3 Sept 2024 |
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 27%upside $5 | Overweight Reiterated | 19 Aug 2024 |
Stifel Stephen Gengaro 55% 1-year accuracy 22 / 40 met price target | 52%upside $6 | Buy Maintained | 6 Aug 2024 |
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 27%upside $5 | Overweight Maintained | 2 Aug 2024 |
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 2%upside $4 | Overweight Reiterated | 22 Jul 2024 |
Financial journalist opinion
Based on 7 articles about EVGO published over the past 30 days