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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ChargePoint Holdings

Volta

EV growth stocks are swinging up and down amid market volatility.

Better Buy: ChargePoint or a 50/50 Split of Volta and EVgo?

A big move for EVGO stock is just around the corner as value-added partnerships put this fast-charging EV-infrastructure contender in focus. The post $20 EVgo Price Prediction Is Actually an Understatement appeared first on InvestorPlace.

$20 EVgo Price Prediction Is Actually an Understatement

Beam Global

Hyzon Motors

Li-Cycle Holdings Corp

Microvast Holdings

Proterra

DENVER , Dec. 13, 2021 /PRNewswire/ - CIBC today announced that the CIBC Atlas Clean Energy Index (NYSE: NACEX) rebalance following the close of business on December 17, 2021 will result in the subsequent changes: Constituents to be added: EVgo, Inc. (Ticker: EVGO) Microvast Holdings, Inc. (Ticker: MVST) Proterra, Inc. (Ticker: PTRA) Li-Cycle Holdings Corp. (Ticker: LICY) Hyzon Motors Inc. (Ticker: HYZN) Volta, Inc. (Ticker: VLTA) Constituents to be removed: Beam Global (Ticker: BEEM) Constituent additions to and deletions from the Index do not reflect an opinion by CIBC US Private Wealth Management on the investment merits of the respective securities. For further information, please contact CIBC US Private Wealth Management at 720.221.5000.

CIBC announces changes to the CIBC Atlas Clean Energy Index (NACEX)

Ford Motor Company

Rivian Automotive

XPeng

Could these EV stocks end the year on a high note?

5 Electric Vehicle Stocks To Watch In December 2021

Drivers are flocking to the EV-charger's app, and analysts see more gains ahead for investors.

Why EVgo Stock Jumped Today

Blink Charging

Multiple catalysts fueled interest in EV charging stocks like never before.

Why EVgo, Volta, and Blink Charging Blasted Higher in November

The shares of EVgo Inc (NASDAQ:EVGO) are up 4.9% at $12.77 at last check, after J.P.

Analyst: EVgo Stock Has Plenty of Support

EVgo Inc (NASDAQ:EVGO) is trading higher Thursday after JP Morgan initiated coverage with a positive outlook for the stock. JP Morgan analyst Bill Peterson initiated coverage on EVgo with an Overweight rating and announced a price target of $20.

Why EVgo Shares Are Trading Higher Today

EVgo (EVGO) stock is charging higher Thursday after an analyst initiated coverage of the shares with a strong price prediction. The post EVGO Stock Price Prediction: JPMorgan Thinks EVgo Will Hit $20 appeared first on InvestorPlace.

EVGO Stock Price Prediction: JPMorgan Thinks EVgo Will Hit $20

JPMorgan analyst Bill Peterson initiated coverage on EVgo Inc (NASDAQ:EVGO) with an Overweight rating and $20 price target, implying a 56% upside. Peterson views the company as a leader in the fast-charging electric vehicle space.

JPMorgan Sees Sharp Upside In This Electric Vehicle Charging Company

The stock price of EVgo Inc (NASDAQ: EVGO) increased by over 10% pre-market today. This is why it happened.

EVgo Stock (EVGO): Why The Price Jumped Today

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Recargo, a leading e-mobility software company and wholly-owned subsidiary of EVgo Inc. (Nasdaq: EVGO), the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that the PlugShare platform — the world's largest EV community — has surpassed one million app downloads since the start of 2021, the most in the app's history as EV adoption continues to increase across the globe.

PlugShare Platform Surpasses 1 Million Annual Downloads in 2021

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that it was selected for proposed awards for various grants from the California Air Resources Board (CARB) through the Bay Area Air Quality Management District (BAAQMD) to install new high powered direct current fast chargers (DCFC) to help the state meet its transportation electrification goals. Th

EVgo Selected by State of California for Proposed Awards of $1.7M in Grant Funding for 38 New DC Fast Charging Stalls at 5 Locations

QuantumScape

Arrival Group

The business plans of QuantumScape and EVgo have remained on track, but Arrival's schedule has been derailed.

Why QuantumScape and Other EV Stocks Are Dropping This Week

ASML Hld

European Sustainable Growth Acquisition Corp

Twitter

Wolfspeed

This week's Alpha Trader podcast features hosts Aaron Task and Stephen Alpher talking EVs with Pieter Taselaar, founding partner and portfolio manager of Lucerne Capital Management. He's also the CEO of European Sustainable Growth Acquisition Corp. (NASDAQ:EUSG), a SPAC which hopes to soon close on its acquisition of ADS-TEC Energy, a German-based company that manufactures EV charging stations that can charge batteries in minutes without putting strain on a city's electrical grids.

Alpha Trader Talks EV Infrastructure Plays With Pieter Taselaar (Podcast)

Given the strong partnerships of EVgo and the very low valuation of EVGO stock, the shares are worth buying for long-term investors. The post EVgo Stock Is Vastly Undervalued Given Its Partnerships appeared first on InvestorPlace.

EVgo Stock Is Vastly Undervalued Given Its Partnerships

Wallbox NV

Looking to invest in a sustainable industry? These top EV charging stocks could be good buys.

5 Best EV Charging Stocks To Watch In The Stock Market Today

General Motors

Tesla

Will the growth in electric vehicles translate into growth for EV charging companies, too?

Should You Buy EV Charging Stocks Right Now?

A sell-off in the electric vehicle space amid valuation concerns sent EV charging stocks tanking.

Why EVgo, Blink Charging, and Volta Stocks Crashed Today

The EV charging stock became too hot to handle for some.

Why EVgo Stock Continues to Sink

On Monday, Evgo Inc. (NASDAQ:EVGO) shares plunged by more than 7% after Credit Suisse downgraded the stock to neutral from buy, citing valuation concerns. Analyst Maheep Mandloi said the current rally has already priced in the benefits associated with recent announcements.

Is EVgo stock a buy as shares plunge 7% after Credit Suisse downgrade?

EVgo Inc (NASDAQ: EVGO) is trading significantly lower Monday following negative analyst coverage from Credit Suisse. Credit Suisse analyst Maheep Mandloi downgraded EVgo from an Outperform rating to a Neutral rating and raised the price target from $11 to $17.

Why EVgo Shares Are Falling Today

EVgo Inc's (NASDAQ:EVGO) stock has appreciated more than 89% in a week, following the passage of the Federal infrastructure bill and better-than-expected third-quarter results, and the risks are no longer appropriately priced in, according to BofA Securities. The EVgo Analyst: Ryan Greenwald downgraded EVgo from Neutral to Underperform while keeping the price target at $11.

BofA Downgrades EVgo After Huge Rally

An analyst downgrade breaks the stock's winning streak.

Why EV Charging Stock EVgo Is Crashing Today

Shares of EVgo Inc. took a dive Monday, after BofA Securities analyst Ryan Greenwald questioned the recent “charging euphoria” that triggered a near-doubling in the electric-vehicle charging company's stock last week, at a time that investors should be worried about a potential significant amount of shares that could be sold.

News for EVgo Stock (EVGO)