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EVgo (EVGO) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

EVGO Stock Forecast

EVgo (EVGO) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $7.50, with a high of $8.50 and a low of $6.00. This represents a 123.21% increase from the last price of $3.36.

$1 $2 $3 $4 $5 $6 $7 $8 $9 High: $8.5 Avg: $7.5 Low: $6 Last Closed Price: $3.36

EVGO Stock Rating

EVgo stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (87.50%), 1 Hold (12.50%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 8 0 1 7 Strong Sell Sell Hold Buy Strong Buy

EVGO Price Target Upside V Benchmarks

TypeNameUpside
StockEVgo123.21%
SectorConsumer Cyclical Stocks 4.51%
IndustrySpecialty Retail Stocks 17.53%
IdeaElectric Vehicle Stocks List-7.15%
IdeaEV Charging Stocks List154.87%

Price Target Trends

1M3M12M
# Anlaysts--6
Avg Price Target--$5.92
Last Closing Price$3.36$3.36$3.36
Upside/Downside--76.19%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 253811-13
Jan, 253811-13
Dec, 243811114
Nov, 243861119
Oct, 243861119
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 10, 2024William GrippinUBS$8.50$6.9821.78%152.98%
Oct 09, 2024Christopher DendrinosRBC Capital$8.00$6.6719.94%138.10%
Aug 06, 2024Stephen GengaroStifel Nicolaus$6.00$3.7460.43%78.57%
Aug 02, 2024Andres SheppardCantor Fitzgerald$5.00$3.6238.12%48.81%
Jul 22, 2024William GrippinUBS$4.00$3.5412.99%19.05%
May 09, 2024Andres SheppardCantor Fitzgerald$4.00$1.75128.57%19.05%
Sep 08, 2023Chris DendrinosRBC Capital$5.00$3.6238.12%48.81%
May 12, 2022Maheep MandloiCredit Suisse$14.00$7.1795.26%316.67%
Apr 28, 2022Cantor Fitzgerald$14.00$9.5646.44%316.67%
Apr 21, 2022Tudor Pickering$16.00$9.9660.64%376.19%
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$-0.12$-1.56$-1.49-----
Avg Forecast$-0.10$-0.46$-0.71$-0.41$-0.33$-0.23$-0.08$-0.13
High Forecast$-0.10$-0.51$-0.86$-0.53$-0.52$-0.43$-0.22$-0.14
Low Forecast$-0.09$-0.42$-0.48$-0.36$-0.21$-0.09$0.04$-0.11
Surprise %20.00%239.13%109.86%-----

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-----
Avg Forecast$21.12M$47.93M$154.50M$257.96M$353.09M$468.05M$629.38M$920.46M
High Forecast$19.94M$44.62M$150.89M$254.86M$327.87M$462.40M$609.51M$839.79M
Low Forecast$22.62M$51.83M$158.01M$260.30M$384.10M$473.70M$649.26M$1.01B
Surprise %5.16%13.88%4.18%-----

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$-106.24M$-135.38M-----
Avg Forecast$-8.68M$-42.07M$-60.88M$-44.22M$-45.23M$-28.72M$-8.15M$-11.32M
High Forecast$-9.48M$-46.52M$-78.21M$-48.42M$-46.90M$-38.95M$-19.93M$-12.82M
Low Forecast$-8.05M$-38.29M$-43.56M$-32.83M$-18.62M$-8.15M$3.62M$-10.03M
Surprise %-2.80%152.53%122.36%-----

EVGO Forecast FAQ

Is EVgo stock a buy?

EVgo stock has a consensus rating of Buy, based on 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 1 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 8 Wall Street analysts, averages $7.5 over the next 12 months. The price target range spans from $6 at the low end to $8.5 at the high end, suggesting a potential 123.21% change from the previous closing price of $3.36.

How does EVgo stock forecast compare to its benchmarks?

EVgo's stock forecast shows a 123.21% upside, outperforming the average forecast for the consumer cyclical stocks sector (4.51%) and outperforming the specialty retail stocks industry (17.53%), leading the electric vehicle stocks list (-7.15%) investment idea while trailing the EV Charging Stocks List (154.87%) investment idea.

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

  • February 2025: 23.08% Strong Buy, 61.54% Buy, 7.69% Hold, 7.69% Sell, 0% Strong Sell.
  • January 2025: 23.08% Strong Buy, 61.54% Buy, 7.69% Hold, 7.69% Sell, 0% Strong Sell.
  • December 2024: 21.43% Strong Buy, 57.14% Buy, 7.14% Hold, 7.14% Sell, 7.14% Strong Sell.

What is EVgo’s EPS forecast?

EVgo's average annual EPS forecast for its fiscal year ending in December is $-0.41 for 2024, a -72.48% decrease from the reported $-1.49 in 2023. The prediction for 2025 is $-0.33, $-0.23 for 2026, $-0.08 for 2027, and $-0.13 for 2028.

What is EVgo’s revenue forecast?

EVgo's average annual revenue forecast for its fiscal year ending in December is $257.96M for 2024, a 60.27% increase from the reported $160.95M in 2023. The forecast for 2025 is $353.09M, $468.05M for 2026, $629.38M for 2027, and $920.46M for 2028.

What is EVgo’s net income forecast?

For its fiscal year ending in December, EVgo's average annual net income forecast is $-44.219M for 2024, reflecting a -67.34% decrease from the reported $-135M in 2023. The projection for 2025 is $-45.233M, $-28.717M for 2026, $-8.153M for 2027, and $-11.324M for 2028.