Evgo Inc is a leading provider of a public electric vehicle (EV) fast charging network in the United States. The company focuses on developing and operating charging stations that enable convenient and accessible charging for electric vehicle owners. Through its extensive network, Evgo aims to support the transition to sustainable transportation by providing reliable fast charging options that cater to both individual and fleet EV users. The company collaborates with various automakers, businesses, and municipalities to expand its charging infrastructure and enhance the overall EV experience. Read More
EVgo shares surged 27% this week due to strong Q1 earnings and growth optimism. Record revenues, new chargers and more customer accounts fueled its positive Q1 2025 results.
J.P. Morgan analyst Bill Peterson maintained an Overweight rating on EVgo Inc (NASDAQ:EVGO) with a $5 price target, citing strong revenue driven by the eXtend business and reaffirmed financial guidance. The DOE loan remains on track, easing investor concerns.
Shares of electric vehicle charging company EVgo (NASDAQ:EVGO)
jumped 32.6% in the afternoon session after the company reported strong first quarter 2025 results which beat analysts' sales and EBITDA expectations. In addition, full-year EBITDA guidance outpaced Wall Street's estimates. What really stood out was how much more energy people used at its chargers, as network throughput jumped 60%. That helped push revenue up 36%, led by a big rise in charging fees as more cars plugged into EVgo's growing network of stations. Zooming out, we think this quarter featured some important positives.
The session on Tuesday is off to an intriguing start with several stocks showing significant price gaps. Let's examine the gap up and gap down stocks in today's session.
Electric vehicle charging company EVgo (NASDAQ:EVGO) announced better-than-expected revenue in Q1 CY2025, with sales up 36.5% year on year to $75.29 million. The company’s full-year revenue guidance of $360 million at the midpoint came in 2.3% above analysts’ estimates. Its GAAP loss of $0.09 per share was in line with analysts’ consensus estimates.
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the first quarter ended March 31, 2025. Management will host a webcast today at 8 a.m. ET / 5 a.m. PT to discuss EVgo’s results and other business highlights.
JPMorgan analyst favors EVgo over ChargePoint, citing stronger partnerships and utilization. Tariffs could hurt both, but EVgo has potential for growth.
Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around.
Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
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 release its first quarter 2025 financial results on Tuesday, May 6, 2025. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. ET (5 a.m. PT).
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
