EVgo

EVgo, Inc. engages in the provision of electric vehicle charging station services. It offers the EVgo network, home charging solutions, work charging solutions, and freedom station plans to electric car owners. The company was founded in October 2010 and is headquartered in Los Angeles, CA.

Earnings data Q2 2021

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EVgo reports record revenue in 2022, expands partnerships for growth

EVgo's strong revenue growth in 2022 and deepening partnerships position it well in the evolving EV market. While facing challenges like supply chain disruptions, the company is focused on expanding its charging network and optimizing operational efficiency for future growth.

EVgo reports stellar Q1 earnings, poised for growth in EV market

EVgo's Q1 2023 performance reflects strong revenue growth, operational progress, and strategic partnerships positioning the company for future success.
While facing challenges in network utilization fluctuations and higher CapEx, EVgo's focus on technology and partnerships presents growth opportunities in the expanding EV market.
With a reaffirmed revenue guidance, successful first quarter, and a focus on network expansion and customer experience, EVgo's strategy is showing early signs of success.

EVgo excels in Q2, eyes collaborations for EV market dominance

EVgo's strong Q2 performance and strategic initiatives position the company as a key player in the EV market, driving revenue growth and operational efficiency
Challenges in revenue diversification and profitability require careful navigation, while opportunities in collaboration and technological advancements offer avenues for sustained growth
Increased investments in growth areas and extended liquidity into 2025 demonstrate EVgo's commitment to innovation, market leadership, and long-term sustainability

EVgo reports stellar Q3 results, eyes growth through partnerships

EVgo's Q3 2023 performance showcased exceptional revenue growth and improved EBITDA, with a strong focus on network expansion and customer satisfaction.
The company's strategic partnerships, financial guidance raise, and cost-saving innovations position it well for future growth and operational efficiency.
While facing challenges in CapEx reduction and regulatory advocacy, EVgo's financial strength, market optimization, and customer-centric approach present opportunities for sustained success.
With a clear path to profitability, EVgo's focus on network utilization, financing strategies, and regulatory engagement underpin its resilience and growth prospects.

EVgo achieves record revenue in Q4 2023, targets profitability

EVgo's Q4 2023 performance reflects strong revenue growth, operational efficiency, and a path towards profitability by 2025.
The company's strengths lie in its business model, financial discipline, strategic focus, and transparent asset-level profitability calculations.
Challenges include ongoing negative EBITDA, energy cost uncertainties, competition, and balancing expansion with profitability.
Opportunities exist in margin expansion, NEVI funding, OEM/commercial charging growth, and rideshare customer adoption of EVs.

EVgo doubles revenue, eyes EBITDA breakeven in 2025

EVgo's strong Q1 performance, focus on growth drivers, and strategic initiatives position the company for success.
Challenges in transitioning to Level 3 charging and managing seasonality require careful navigation.
Opportunities from industry shifts, site acquisitions, and identified expansion sites offer avenues for growth.
Maintaining margins, improving pricing strategies, and enhancing customer experience are key focus areas for sustained growth.

EVgo reports record revenues, secures DOE loan for growth

EVgo's Q3 performance reflects strong revenue growth and operational expansion
Strategic strengths include securing DOE loan, partnerships, and CapEx reduction plans
Challenges lie in achieving profitability and navigating competitive EV market dynamics
Opportunities exist in leveraging federal funding, partnerships, and expanding customer base

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LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the third quarter of 2022.

EVgo Inc. Reports Third Quarter 2022 Results

EVgo's common shares have been faltering year-to-date as the risk-off trade continued into its second year. The company's TAM is fast growing and is set to accelerate on the back of the Inflation Reduction Act.

EVgo: Charging The EV Surge

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (EVgo), a leader in fleet electrification and owner and operator of the nation's largest public fast charging network for electric vehicles (EVs), today announced a partnership with MHX, LLC, a full-service logistics operator in California, providing a unique transload and transportation service which partners in moving product via truck, rail, or ocean vessel, to support MHX's first-ever fleet electrification project.

EVgo and MHX, LLC Partner to Power Class 8 Electric Truck Fleet

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation's largest public fast charging network for electric vehicles (EVs), today announced that more than 500,000 customer accounts have been created on its platform, a significant milestone for the rapidly growing EV community in the United States.

EVgo Celebrates 500,000 Customer Account Milestone by Partnering with One Tree Planted

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation's largest public fast charging network for electric vehicles (EVs), today announced the hiring of Tanvi Chaturvedi as Chief Revenue Officer (CRO).

EVgo Hires Consumer Technology Executive Tanvi Chaturvedi as Chief Revenue Officer

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (“EVgo”), the nation's largest public fast charging network for electric vehicles (EVs), today announced that it will release its third quarter 2022 financial results after market close on Wednesday, November 2, 2022.

EVgo to Report Third Quarter 2022 Financial Results on November 2, 2022

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LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (EVgo), the nation's largest public fast charging network for electric vehicles (EVs), today announced that they're teaming up with Warner Bros. Pictures ahead of the highly anticipated theatrical release of the feature film BLACK ADAM, only in theatres beginning October 21. In partnership with BLACK ADAM, EVgo account holders will be eligible for a $5 Fandango Promotional Code* after completing a qualifying charging session** at an EVgo st

EVgo and Warner Bros. Pictures Join Forces to Invite EV Drivers to See the Electrifying Power of BLACK ADAM

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Amid multiple signs that the electric-vehicle revolution in the U.S. is accelerating and at a time when the governments in America are going to unleash billions of dollars of funds for EV charging stations, now is a very good time to buy EV charging stocks. U.S. EV sales jumped 60% year over year in the first half of 2022, while Ford's (NYSE: F ) EV sales exploded 307% year and year in August and Tesla's (NASDAQ: TSLA ) U.S. sales jumped 105% YOY last month.

3 EV Charging Stocks That Could 10X by 2030

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation's largest public fast charging network for electric vehicles (EVs), and WinCo Foods, a family of 138 employee-owned grocery stores, today announced the opening of the first EVgo public fast charging station for the grocery store chain in the State of Nevada. The new charging station, located at 6101 N Decatur Blvd, Las Vegas, NV, features 350kW and 100kW fast chargers, serving four stalls in total. This announcement builds on EV

WinCo Foods Partners with EVgo to Open First EVgo Fast Charging Station at North Las Vegas Store

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (EVgo), the nation's largest public fast charging network for electric vehicles (EVs), today announced the launch of Autocharge+, setting a new standard for EV convenience by enabling streamlined charging for EV drivers across the country. With Autocharge+, which is available at all EVgo DC fast charging locations, drivers with compatible EVs are able to start a charging session in seconds by simply plugging in – eliminating the need to swi

EVgo's Autocharge+ Sets New Bar for Streamlined EV Charging Experience Across Nationwide Public Network

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Here is how EVgo Inc. (EVGO) and Harley-Davidson (HOG) have performed compared to their sector so far this year.

Has EVgo (EVGO) Outpaced Other Auto-Tires-Trucks Stocks This Year?

EVgo Inc. (EVGO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

EVgo Inc. (EVGO) Moves 9.2% Higher: Will This Strength Last?

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Shares of electric vehicle (EV) charging stocks, like Volta (NYSE: VLTA ), Blink Charging (NASDAQ: BLNK ), ChargePoint (NYSE: CHPT ) and EVgo (NASDAQ: EVGO ), are in focus following an update from the White House. Today, President Joe Biden will announce a $900 million funding program to build a network of EV charging stations across 35 states.

Why Are EV Charging Stocks VLTA, BLNK, CHPT, EVGO Up Today?

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (EVgo), the nation's largest public fast charging network for electric vehicles (EVs), today introduced the Connect the Watts™ National EV Charging Recognition Program. The new program will recognize leaders within the EV charging ecosystem based on their level of commitment to and results in achieving widespread fast charger deployment. Nominations are now open and will be accepted through October 14 for 2022 recognition. “With the Inflati

EVgo Unveils New “EV Charging Hero” National Recognition Program

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EVgo has multiple revenue sources and it has entered into some key partnerships with leading OEMs. The company reported 90% year over year growth in revenue in the second quarter.

Is EVgo Set To Lead The EV Charging Market?

The average of price targets set by Wall Street analysts indicates a potential upside of 33.5% in EVgo Inc. (EVGO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Can EVgo Inc. (EVGO) Climb 34% to Reach the Level Wall Street Analysts Expect?

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Does EVgo Inc. (EVGO) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why EVgo Inc. (EVGO) is a Great Momentum Stock to Buy

EVgo is in a fast-growing market with massive upside potential in valuation. The company has not been immune from macroeconomic trends, and its stock has reflected that.

News for EVgo Stock (EVGO)