EVgo (EVGO) Stock Forecast, Price Target & Predictions


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EVGO Stock Forecast


EVgo (EVGO) stock forecast, based on 14 Wall Street analysts, predicts a 12-month average price target of $6.33, with a high of $8.00 and a low of $4.00. This represents a 150.20% increase from the last price of $2.53.

$1 $2 $3 $4 $5 $6 $7 $8 High: $8 Avg: $6.33 Low: $4 Last Closed Price: $2.53

EVGO Stock Rating


EVgo stock's rating consensus is Buy, based on 14 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (78.57%), 3 Hold (21.43%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 14 0 3 11 Strong Sell Sell Hold Buy Strong Buy

EVGO Price Target Upside V Benchmarks


TypeNameUpside
StockEVgo150.20%
SectorConsumer Cyclical Stocks 29.57%
IndustrySpecialty Retail Stocks 37.56%
IdeaElectric Vehicle Stocks List49.81%
IdeaEV Charging Stocks List311.85%

Price Target Trends


1M3M12M
# Anlaysts-39
Avg Price Target-$6.33$6.06
Last Closing Price$2.53$2.53$2.53
Upside/Downside-150.20%139.53%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25382--13
Mar, 25481--13
Feb, 253811-13
Jan, 253811-13
Dec, 243811114
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 10, 2025Stifel Nicolaus$8.00$2.58210.08%216.21%
Oct 10, 2024William GrippinUBS$8.50$6.9821.78%235.97%
Oct 09, 2024Christopher DendrinosRBC Capital$8.00$6.6719.94%216.21%
Aug 06, 2024Stephen GengaroStifel Nicolaus$6.00$3.7460.43%137.15%
Aug 02, 2024Andres SheppardCantor Fitzgerald$5.00$3.6238.12%97.63%
Jul 22, 2024William GrippinUBS$4.00$3.5412.99%58.10%
May 09, 2024Andres SheppardCantor Fitzgerald$4.00$1.75128.57%58.10%
Sep 08, 2023Chris DendrinosRBC Capital$5.00$3.6238.12%97.63%
May 12, 2022Maheep MandloiCredit Suisse$14.00$7.1795.26%453.36%
Apr 28, 2022Cantor Fitzgerald$14.00$9.5646.44%453.36%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Dec 13, 2024RBC CapitalOutperformOutperformhold
Oct 09, 2024RBC CapitalOutperformOutperformhold
Oct 03, 2024Cowen & Co.Buyupgrade
Sep 23, 2024UBSBuyBuyhold
Aug 29, 2024UBSBuyBuyhold
Aug 06, 2024UBSBuyBuyhold
Aug 02, 2024Cantor FitzgeraldOverweightOverweighthold
Jul 22, 2024UBSNeutralinitialise
Jul 12, 2024BenchmarkBuyBuyhold
Jun 05, 2024BenchmarkBuyinitialise

Financial Forecast


EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.12$-1.55$-0.47$-1.24----
Avg Forecast$-0.10$-0.46$-0.71$-0.41$-0.33$-0.23$-0.08$-0.13
High Forecast$-0.09$-0.42$-0.48$-0.36$-0.21$-0.09$0.04$-0.11
Low Forecast$-0.10$-0.51$-0.86$-0.53$-0.52$-0.43$-0.22$-0.14
Surprise %20.00%236.96%-33.80%202.44%----

Revenue Forecast

$0 $210M $420M $630M $840M $1B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$22.21M$54.59M$160.95M$256.82M----
Avg Forecast$21.12M$47.93M$154.50M$257.96M$353.09M$468.05M$629.38M$920.46M
High Forecast$22.62M$51.83M$158.01M$260.30M$384.10M$473.70M$649.26M$1.01B
Low Forecast$19.94M$44.62M$150.89M$254.86M$327.87M$462.40M$609.51M$839.79M
Surprise %5.16%13.88%4.18%-0.44%----

Net Income Forecast

$-150M $-110M $-70M $-30M $10M $50M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-8.44M$-106.24M$-42.43M$-131.27M----
Avg Forecast$-8.68M$-42.07M$-60.88M$-44.22M$-45.23M$-28.72M$-8.15M$-11.32M
High Forecast$-8.05M$-38.29M$-43.56M$-32.83M$-18.62M$-8.15M$3.62M$-10.03M
Low Forecast$-9.48M$-46.52M$-78.21M$-48.42M$-46.90M$-38.95M$-19.93M$-12.82M
Surprise %-2.80%152.53%-30.32%196.86%----

EVGO Forecast FAQ


Is EVgo stock a buy?

EVgo stock has a consensus rating of Buy, based on 14 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that EVgo is a favorable investment for most analysts.

What is EVgo's price target?

EVgo's price target, set by 14 Wall Street analysts, averages $6.33 over the next 12 months. The price target range spans from $4 at the low end to $8 at the high end, suggesting a potential 150.20% change from the previous closing price of $2.53.

How does EVgo stock forecast compare to its benchmarks?

EVgo's stock forecast shows a 150.20% upside, outperforming the average forecast for the consumer cyclical stocks sector (29.57%) and outperforming the specialty retail stocks industry (37.56%), leading the electric vehicle stocks list (49.81%) investment idea while trailing the EV Charging Stocks List (311.85%) investment idea.

What is the breakdown of analyst ratings for EVgo over the past three months?

  • April 2025: 23.08% Strong Buy, 61.54% Buy, 15.38% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 30.77% Strong Buy, 61.54% Buy, 7.69% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 23.08% Strong Buy, 61.54% Buy, 7.69% Hold, 7.69% Sell, 0% Strong Sell.

What is EVgo’s EPS forecast?

EVgo's average annual EPS forecast for its fiscal year ending in December 2025 is $-0.33, marking a -73.39% decrease from the reported $-1.24 in 2024. Estimates for the following years are $-0.23 in 2026, $-0.08 in 2027, and $-0.13 in 2028.

What is EVgo’s revenue forecast?

EVgo's average annual revenue forecast for its fiscal year ending in December 2025 is $353.09M, reflecting a 37.48% increase from the reported $256.82M in 2024. The forecast for 2026 is $468.05M, followed by $629.38M for 2027, and $920.46M for 2028.

What is EVgo’s net income forecast?

EVgo's net income forecast for the fiscal year ending in December 2025 stands at $-45.233M, representing a -65.54% decrease from the reported $-131M in 2024. Projections indicate $-28.717M in 2026, $-8.153M in 2027, and $-11.324M in 2028.