EVgo
EVGO
Market cap $433M

3.31 USD

-0.10

2.93%

At close Jan 21, 4:00 PM EST

After hours

3.34

+0.03

0.91%

1 day

-2.93%

5 days

-17.04%

1 month

-22.12%

3 months

-59.09%

6 months

-5.97%

Year to date

-21.00%

1 year

21.69%

5 years

-78.08%

10 years

-78.08%

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 to locate and deploy its EV charging infrastructure.

Employees: 295

Consumer Discretionary Automotive Repair, Services & Parking

0

Funds holding %

of 6,823 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

98% more capital invested

Capital invested by funds: $115M [Q2] → $228M (+$113M) [Q3]

78% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 18

68% more call options, than puts

Call options by funds: $13.7M | Put options by funds: $8.16M

21% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 42

7.47% more ownership

Funds ownership: 44.41% [Q2] → 51.88% (+7.47%) [Q3]

6% more funds holding

Funds holding: 175 [Q2] → 185 (+10) [Q3]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$7

111%

upside

Avg. target

$8.50

157%

upside

High target

$10

202%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

JP Morgan Bill Peterson 45% 1-year accuracy 14 / 31 met price target	111%upside $7	Overweight Maintained	20 Dec 2024
Stifel Stephen Gengaro 58% 1-year accuracy 49 / 84 met price target	202%upside $10	Buy Maintained	30 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about EVGO published over the past 30 days

EVgo stock price just formed a death cross: buy the dip?

EVgo stock price has crashed hard in the past few months, erasing some of the gains made in the fourth quarter. After soaring to a high of $9.07 on October 25 last year, it has plunged by 60% to the current $3.57.

EVgo stock price just formed a death cross: buy the dip?

EVgo: An Overlooked Play On The Debottlenecking Of EV Value Chain With 150% Upside

The DOE Loan fueled a ~40% higher stall growth in the next 5 years at a low cost, yet the impact is not priced in at the current levels. A clear and attainable catalyst path outlined by the management team will serve as medium term tailwinds for the business and its share prices. Reiterating Adjusted EBITDA breakeven guidance in 2025 will be the focus of Q4'24 earning calls.

EVgo: An Overlooked Play On The Debottlenecking Of EV Value Chain With 150% Upside

Zacks Investment Research

Biden's Last Push for EV Chargers Before Trump Era: 4 Stocks to Watch

Biden's EV funding push highlights green infrastructure's importance, with TSLA, BLNK, EVGO and BEEM poised for growth despite potential uncertainty under Trump.

Biden's Last Push for EV Chargers Before Trump Era: 4 Stocks to Watch

Zacks Investment Research

EVgo Gets First Disbursement From $1.25B Loan Guaranteed by DOE

EVGO secures its first $75 million disbursement from a $1.25 billion guaranteed loan provided by the U.S. DOE Loan Programs Office to expand EV charging infrastructure.

EVgo Gets First Disbursement From $1.25B Loan Guaranteed by DOE

EVgo Receives First Drawdown from $1.25 Billion Loan Guarantee

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”) today announced it has received its first drawdown of $75 million from its $1.25 billion guaranteed loan from the U.S. Department of Energy (“DOE”) Loan Programs Office (“LPO”) under its Title 17 Clean Energy Financing Program, which reached financial close in December 2024 after a thorough 18-month process. This and subsequent drawdowns over the 5-year deployment period will support the Company's ongoing buildout.

EVgo Receives First Drawdown from $1.25 Billion Loan Guarantee

The Motley Fool

EVgo Stock: Buy, Sell, or Hold?

EVgo (EVGO 1.87%), a leading builder of EV charging networks, went public in July 2021 by merging with a special purpose acquisition company (SPAC). The combined company's stock opened at $15.05 on its first day, but it now trades at about $4.

EVgo Stock: Buy, Sell, or Hold?

The Motley Fool

Why EVgo Stock Plunged This Week

Shares of electric vehicle (EV) charging company EVgo (EVGO -4.04%) fell as much as 30.4% in trading this week, according to data provided by S&P Global Market Intelligence, after an insider sold 23 million shares for $5 apiece.

Why EVgo Stock Plunged This Week

The Motley Fool

Why EVgo Stock Crashed 27% Today

EVGo (EVGO -29.51%) stock tumbled 27% through 10:05 a.m. ET Tuesday after the operator of charging stations for electric vehicles announced last night that EVgo Holdings, LLC, will sell at least 23 million new shares of common stock (and perhaps as many as 26.5 million) in a secondary offering.

Why EVgo Stock Crashed 27% Today

EVgo Stock Plummets as Biggest Investor Sells 23M Shares

Shares of EVgo (EVGO) shorted out when the electric vehicle (EV) charging station operator announced a secondary public offering of its stock by its largest investor.

EVgo Stock Plummets as Biggest Investor Sells 23M Shares

Mama's Creations Posts Weak Earnings, Joins EVgo, Red Cat Holdings And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Tuesday.

Mama's Creations Posts Weak Earnings, Joins EVgo, Red Cat Holdings And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

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