About EVGO
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 behi... [Read more]
Industry Specialty Retail
Sector Consumer Discretionary
Founded 2010
Employees 292
Stock Exchange NASDAQ
Ticker Symbol EVGO
Full Company Profile
Financial Performance
In 2023, EVgo, Inc.'s revenue was $160.95 million, an increase of 194.85% compared to the previous year's $54.59 million. Losses were -$42.43 million, 53.9% more than in 2022.
Financial Statements
Analyst Forecast
According to 7 analysts, the average rating for EVGO stock is "Buy." The 12-month stock price forecast is $4.0, which is an increase of 96.08% from the latest price.
Price Target
$4.0
(96.08% upside)
Analyst Consensus: Buy
Stock Forecasts
News
EVgo Recognizes Massive Rideshare Growth as Commercial Throughput More Than Tripled Year over Year in Q1
LOS ANGELES--(BUSINESS WIRE)--EVgo's commercial throughput more than tripled from Q123 to Q124. Rideshare throughput reached 24% of total throughput in the first quarter this year.
6 days ago - Business Wire
EVgo stock price analysis: the comeback could be epic
EVgo (NASDAQ: EVGO) stock price has crashed hard in the past few years as concerns about the electric vehicle industry continued. It has tumbled by almost 40% this year and by over 45% in the past 12 ...
13 days ago - Invezz
Toyota Announces First Communities to Receive DC Fast Chargers Through 'Empact' Vision
Toyota's EV Charging Solutions collaborates with EVgo on deployment of 8-stall DC fast charging stations in California cities Toyota's support helps provide charging equity for underserved communities...
Other symbols: TM
21 days ago - PRNewsWire
EVgo Celebrates More Than 1 Million Customer Accounts Across the U.S. as EV Adoption Continues to Grow
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that the Compan...
4 weeks ago - Business Wire
EVgo Doubles Down on Commitment to Begin NACS Deployments in 2024
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that the Compan...
5 weeks ago - Business Wire
EVgo Inc. Reports Record First Quarter 2024 Results
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the first quarter ended March 31, 2024. Management will host a conference call today at 11:...
6 weeks ago - Business Wire
EVgo Expansion in Los Angeles Recognized with 1st Place Leadership Award by Largest Municipal Utility in the Nation
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that the company was recognized with a fi...
7 weeks ago - Business Wire
EVgo to Report First Quarter 2024 Results on May 7, 2024
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that it will r...
2 months ago - Business Wire
5 US penny stocks to buy now for short-term gains
Penny stocks are among the most popular assets among day traders because of their substantially lower prices compared to big companies like Berkshire Hathaway and Amazon. They are also high-risk inves...
Other symbols: EBGPRONYCBQS
2 months ago - Invezz
Here's why the EVGo, Blink, and ChargePoint stocks are crashing
EV charging stocks are not doing well this year. EVGo stock price has crashed by over 42% in 2024 while ChargePoint is down by 29.4%.
Other symbols: CHPTBLNK
2 months ago - Invezz
EVgo ($EVGO) Expands Autocharge+ Feature to Streamline EV Charging for Over 50 EV Models
EVgo (NASDAQ: EVGO), one of the nation's largest public fast charging networks, has announced that over 50 EV models now qualify for its seamless Autocharge+ feature. This innovative feature streamlin...
2 months ago - Green Stock News
EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that more than 50 EV models are eligible ...
2 months ago - Business Wire
EVgo Welcomes Scott Griffith to Board of Directors
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced Scott Griffith ...
2 months ago - Business Wire
EVgo to Host Financial Modeling Webinar on April 4, 2024
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (“EVs”), today announced that its Chi...
2 months ago - Business Wire
SLB Capital Advisors Advises on Sale Leasebacks For Leading EV Fast Charging Solutions Provider EVgo
EVgo Leverages Strategic Capital Model to Grow Fast Charging Footprint NEW YORK , March 26, 2024 /PRNewswire/ -- SLB Capital Advisors, a real estate advisory firm focused on executing sale leasebacks ...
3 months ago - PRNewsWire
EVgo Opens First Public Fast Charging Site with Innovative Prefabrication Approach
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced the opening of ...
3 months ago - Business Wire
EVgo Jumps on Strong Sales Growth
The company's fourth-quarter sales of $50 million were better than estimates for $44 million.
3 months ago - Barrons
EVgo's stock jumps as EV-charging revenue triples
Shares of EVgo Inc. got a nice boost Wednesday after the company, which operates an electric-vehicle-charging network, reported fourth-quarter results that beat expectations, with charging revenue mor...
3 months ago - Market Watch
EVgo Inc. Reports Fourth Quarter and Full Year 2023 Results
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2023. Management will host a conference...
3 months ago - Business Wire
EVgo to Report Fourth Quarter and Full Year 2023 Results on March 6, 2024
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO), (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that it will r...
4 months ago - Business Wire
Is it safe to buy EV charging stocks like CHPT, EVGO, and BLNK?
Everything related to electric vehicles (EVs) is not doing well in 2024. EV stocks like Tesla and Nio have all plunged hard this year, shedding over $1 trillion in valuation.
Other symbols: BLNKCHPT
4 months ago - Invezz
EVgo Announces Awardees of Second Annual National EV Charging Recognition Program, presented by Connect the Watts™
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced the awardees of its second annual Nationa...
5 months ago - Business Wire
EVgo Announces Certain Preliminary Financial and Operating Results, Anticipates Meeting or Exceeding 2023 Financial and Operating Guidance and Focuses on Building, Owning and Operating a Best-in-Class Public Charging Network
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced certain prelimi...
5 months ago - Business Wire
EVgo and Toyota Extend Agreement to Provide One Year of Complimentary Fast Charging to 2024 bZ4X Customers
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced an extension of...
5 months ago - Business Wire
Pilot Travel Centers LLC, General Motors and EVgo Make Convenient, Accessible Charging a Reality with Opening of First Stations in Coast-to-Coast EV Charging Network
At least 25 locations offering 100 fast charging stalls by end of year; approximately 200 locations targeted by end of 2024 Pilot and FlyingJ travel centers feature 24/7 amenities, including 350kW ch...
Other symbols: GM
7 months ago - PRNewsWire