EVGOEVgo is positioned in a growing market, but faces profitability challenges and high beta. Technicals show some short-term strength, but long-term trends are mixed.
EVgo operates in the rapidly expanding electric vehicle charging infrastructure market, benefiting from global trends towards electrification.
EVgo is experiencing revenue growth but remains unprofitable with negative free cash flow. Its balance sheet shows increasing debt and decreasing cash equivalents.
The stock shows short-term positive momentum with prices above key moving averages. However, some oscillators suggest it might be approaching overbought territory.
| Factor | Score |
|---|---|
| Electric Vehicle Adoption | 90 |
| Government Incentives & Regulations | 85 |
| Charging Network Expansion | 70 |
| Technological Advancements in Charging | 75 |
| Competition Landscape | 65 |
| Factor | Score |
|---|---|
| Valuation | 50 |
| Profitability | 20 |
| Growth | 80 |
| Balance Sheet Health | 60 |
| Cash Flow | 30 |
| Factor | Score |
|---|---|
| Trend Analysis | 60 |
| Momentum | 50 |
| Volume Confirmation | 65 |
| Support & Resistance | 75 |
Positive Price Movement
The current price of $3.5944 shows a recent increase of 4.18% ($0.1444). The 52-week range of $2.195-$9.07 indicates potential for growth.
Mixed but Positive Short-Term Performance
The stock has shown positive performance over the last 6 months (+8.46%) and 1 year (+1.41%). While 1 month (-8.18%) and YTD (-14.32%) are negative, the recent positive trend in the 5-day performance (+2.28%) suggests potential for a turnaround.
Consistent Net Losses
The company has reported net losses for all reported periods from 2021Q4 to 2024Q4, with a significant net loss of $44.33 million in 2024. The EPS for the last few quarters has also been negative.
Negative P/E Ratio
The trailing Price-to-Earnings (P/E) ratio is negative (-31.1 TTM, -12.3 for 2024), indicating the company is not currently profitable on a per-share basis, which is a significant risk.
July 2025
31
Next Earnings Date
H: $-0.09
A: $-0.09
L: $-0.09
H: 93.00M
A: 85.53M
L: 80.00M
EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles in the United States. The company offers electricity directly to drivers; original equipment manufacturer charging and related services; and fleet and rideshare public charging services; and commercial charging. 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.
5.91 USD
The 39 analysts offering 1 year price forecasts for EVGO have a max estimate of 12.00 and a min estimate of 3.00.