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

Earnings data Q4 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.

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

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

Toyota Motor

Toyota's EV Charging Solutions collaborates with EVgo on deployment of 8-stall DC fast charging stations in California cities Toyota's support helps provide charging equity for underserved communities PLANO, Texas , May 29, 2024 /PRNewswire/ -- Toyota Motor North America, Inc. (Toyota), guided by its "Empact" vision to address equitable EV charging and mobility for all, today announced the first communities that will receive DC fast chargers (DCFC): Baldwin Park, Calif., and Sacramento, Calif.

Toyota Announces First Communities to Receive DC Fast Chargers Through 'Empact' Vision

Blink Charging

Wallbox NV

There was a time when any stock even remotely related to the electric vehicle (EV) industry was skyrocketing. Yet, sentiments have changed significantly with EV adoption being slower than expected.

The 2028 Millionaire's Club: 3 EV Charging Stocks to Buy Now

Flora Growth Corp

Zura Bio Ltd

Penny stocks to buy carry a considerable amount of risk. That's why we include the disclaimer at the tail-end of this article.

3 Penny Stocks to Buy Now: May 2024

ChargePoint Holdings

It's time to jump back into EV charging stocks to buy. At the moment, electric vehicle sales are outpacing the growth of EV charging stations.

3 EV Charging Stocks to Buy Now: May 2024

Aqua Metals

Eyenovia

Immunic Inc

Profire Energy

Village Farms International

Penny stocks with insider buying addresses a key lingering concern among speculators: do the folks that are selling me their business actually believe in their business? I'm telling you, there's nothing worse than putting your money down into an opportunity, only to discover that the very people who are selling you on the idea – indeed, the insiders that know the business the best – are the ones exiting the enterprise.

Peek Behind the Curtain: 7 Penny Stocks With Heavy Insider Buying

American car buyers are losing interest in EVs mainly due to a need for charging infrastructure. According to a recent J.D.

3 EV Charging Stocks That Could Be Millionaire-Makers: May Edition

LOS ANGELES--(BUSINESS WIRE)--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 the Company reached more than one million registered customer accounts nationwide. EVgo customer accounts have skyrocketed—increasing by 400% since April 2020. This momentum reflects growing EV adoption rates in the U.S. as well as increased demand for public charging infrastructure. During the first quarter.

EVgo Celebrates More Than 1 Million Customer Accounts Across the U.S. as EV Adoption Continues to Grow

If the U.S. is serious about having millions of electric vehicles on the roads, we need many more EV charging stations, which could create big opportunity for some of the top EV charging stocks to buy. At the moment, we're not even close.

Wall Street Favorites: 3 EV Charging Stocks with Strong Buy Ratings for May 2024

LOS ANGELES--(BUSINESS WIRE)--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 the Company will begin to deploy North American Charging Standard (NACS) connectors – currently in the process of being standardized as SAE J3400 – on its fast charging network later this year. As part of its commitment to serve all EVs, stations included in the roll-out will serve both CCS and NACS vehicles.

EVgo Doubles Down on Commitment to Begin NACS Deployments in 2024

ImmunityBio

El Pollo Loco

There are several types of bargain stocks available to buy in the stock market. There are, of course, traditional bargain stocks with very low valuations and an average growth rate.

The 3 Best Bargain Stocks to Buy in May 2024

EVgo, Inc. (NASDAQ:EVGO ) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants Heather Davis - Vice President, Investor Relations Badar Khan - Chief Executive Officer Olga Shevorenkova - Chief Financial Officer Conference Call Participants Chris Dendrinos - RBC Capital Markets Stephen Gengaro - Stifel Chris Pierce - Needham Andres Sheppard - Cantor Fitzgerald Bill Peterson - JP Morgan. Operator Thank you for standing by and welcome to the EVgo First Quarter 2024 Earnings Conference Call.

EVgo, Inc. (EVGO) Q1 2024 Earnings Call Transcript

EVgo Inc. (EVGO) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.09 per share a year ago.

EVgo Inc. (EVGO) Reports Q1 Loss, Tops Revenue Estimates

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the first quarter ended March 31, 2024. Management will host a conference call today at 11:00 a.m. ET / 8:00 a.m. PT to discuss EVgo's results and other business highlights. Revenue reached $55.2 million in the first quarter of 2024, compared to $25.3 million in the first quarter of 2023, representing 118% year-over-year growth. Revenue growth was primarily driven by year-over-year incre.

EVgo Inc. Reports Record First Quarter 2024 Results

Tesla

The electric vehicle (EV) market continues to suffer from key demand risks. Interest rates in the United States and abroad remain elevated and will likely remain as such for some period of time.

Stock Market Crash Warning: Don't Get Caught Holding These 3 EV Charging Stocks

Rivian Automotive

XPeng

I believe that there are many worthwhile EV stocks to buy currently available. That's because, in my view, by 2030 electric vehicles will likely account for close to a majority of all the vehicles sold in the U.S. The main reason for this is that electricity will always be cheaper on average, than gasoline.

3 EV Stocks That Could Make You a Fortune (if You Dare)

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that the company was recognized with a first place Leadership Award for Level 3 Electric Vehicle Charging – also known as DC fast charging – by the Los Angeles Department of Water & Power (LADWP). EVgo was honored as part of LADWP's “Electrification of Transportation” category for its success deploying DC fast charging infrastructure.

EVgo Expansion in Los Angeles Recognized with 1st Place Leadership Award by Largest Municipal Utility in the Nation

ABB Ltd.

Tritium DCFC Ltd

Nuuve

Jon Wolfenbarger, a 32-year market veteran warns that despite the seemingly booming U.S. labor market, there are underlying weaknesses that suggest an imminent recession. While the headline numbers show strong job growth and historically low unemployment rates, Wolfenbarger points out that the kind of jobs being added and other economic indicators paint a bleaker picture.

Stock Market Crash Alert: 7 Must-Buy EV Charging Stocks When Prices Plunge

Beam Global

As the electric vehicle (EV) market continues to expand, savvy investors are looking for top EV charging stocks to buy. The rising adoption of electric vehicles is pushing governments to improve charging infrastructure, which directly benefits companies in this sector.

The Top 3 EV Charging Stocks to Buy in April 2024

Electric vehicle (EV) charging stocks are rising as federal legislation promotes the construction and standardization of U.S. EV charging infrastructure. The Bipartisan Infrastructure Law proposes a $7.5 billion national EV charging network to promote electric cars.

3 EV Charging Stocks That Could Be Multibaggers in the Making: April Edition

LOS ANGELES--(BUSINESS WIRE)--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 2024 financial results on Tuesday, May 7, 2024. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. PT (11 a.m. ET). EVgo First Quarter 2024 Webcast When: Tuesday, May 7, 2024 Time: 8 a.m. PT (11 a.m. ET) Live Webcast: https://.

EVgo to Report First Quarter 2024 Results on May 7, 2024

BYD Company Limited

BYD Co Ltd

Investing in electric vehicle (EV) stocks has become a standout trend of the decade. However, it comes with inherent volatility.

3 EV Stocks That Could Be Multibaggers in the Making: April Edition

Eventbrite

GoPro

New York Community Bancorp

QuantumScape

Penny stocks are among the most popular assets among day traders because of their substantially lower prices compared to big companies like Berkshire Hathaway and Amazon. They are also high-risk investments, as evidenced by the performance of Fisker and Bit Brother.

5 US penny stocks to buy now for short-term gains

EV charging stocks to buy now haven't been too attractive lately. But don't write them off just yet.

3 EV Charging Stocks to Buy Now: Q2 Edition

EV charging stocks are not doing well this year. EVGo stock price has crashed by over 42% in 2024 while ChargePoint is down by 29.4%.

Here's why the EVGo, Blink, and ChargePoint stocks are crashing

Allego NV

Investors may want to consider buying some of the top EV charging stocks for the long haul. For one, if the U.S. is serious about electric vehicle adoption, the EV charging market must grow nearly tenfold.

News for EVgo Stock (EVGO)