Stock of the Day for October 5, 2024

EVgo Stock Report

EVgo
EVGO 90-day performance NASDAQ:EVGO EVgo
Current Price
$4.25
+0.14 (+3.41%)
(As of 03:40 PM ET)
30 Day Performance
11.55%
  
 
90 Day Performance
-5.97%
  
  
1 Year Performance
-5.13%
  
  
Market Capitalization
$1.31B
Price Target
$6.24
Net Income
-$44.33M

About EVgo

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.

EVGO Company Calendar

AUG. 5, 2025
Last Earnings
SEP. 15, 2025
Today
DEC. 31, 2025
Fiscal Year End

Recent EVgo News

Analysts Set EVgo Inc. (NASDAQ:EVGO) Target Price at $6.24
3 Top EV Stocks to Buy in September
EVgo Inc. (NASDAQ:EVGO) Receives Average Rating of "Buy" from Analysts
Ieq Capital LLC Invests $226,000 in EVgo Inc. $EVGO
Graham Capital Management L.P. Has $1.50 Million Position in EVgo Inc. $EVGO
Nuveen LLC Invests $3.83 Million in EVgo Inc. $EVGO
Invesco Ltd. Increases Stake in EVgo Inc. $EVGO
Vanguard Group Inc. Trims Holdings in EVgo Inc. $EVGO
Stifel Keeps Buy Rating on EVGO with $8 Target
This report was written by MarketBeat.com on September 15, 2025. This report first appeared on MarketBeat.com.