EVgo Inc. (NASDAQ:EVGO) Given Consensus Rating of “Moderate Buy” by Brokerages

EVgo Inc. (NASDAQ:EVGO) has been given a consensus recommendation of “Moderate Buy” by the ten analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $5.8167.

Several research firms have recently weighed in on EVGO. UBS Group upped their price target on shares of EVgo from $5.40 to $5.90 and gave the company a “buy” rating in a report on Tuesday, November 11th. Benchmark reaffirmed a “buy” rating on shares of EVgo in a research report on Monday. Stifel Nicolaus reduced their target price on shares of EVgo from $8.00 to $7.50 and set a “buy” rating for the company in a research note on Tuesday, November 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of EVgo in a report on Thursday, January 22nd. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of EVgo in a report on Monday, November 17th.

Institutional Investors Weigh In On EVgo

Institutional investors have recently bought and sold shares of the company. Soros Fund Management LLC raised its holdings in EVgo by 342.2% during the second quarter. Soros Fund Management LLC now owns 4,976,983 shares of the company’s stock worth $18,166,000 after acquiring an additional 3,851,583 shares in the last quarter. Federated Hermes Inc. grew its stake in EVgo by 211.0% in the third quarter. Federated Hermes Inc. now owns 1,003,689 shares of the company’s stock valued at $4,747,000 after purchasing an additional 681,011 shares in the last quarter. AXQ Capital LP acquired a new position in shares of EVgo during the 2nd quarter worth approximately $382,000. Geode Capital Management LLC raised its stake in shares of EVgo by 11.1% during the 2nd quarter. Geode Capital Management LLC now owns 3,147,529 shares of the company’s stock worth $11,490,000 after purchasing an additional 313,335 shares in the last quarter. Finally, KBC Group NV raised its stake in shares of EVgo by 50.0% during the 2nd quarter. KBC Group NV now owns 191,920 shares of the company’s stock worth $701,000 after purchasing an additional 63,972 shares in the last quarter. Institutional investors own 17.44% of the company’s stock.

Key Stories Impacting EVgo

Here are the key news stories impacting EVgo this week:

• Positive Sentiment: Q4 results beat expectations: EVgo reported EPS of ($0.04) vs. consensus ($0.14) and Q4 revenue of $118.5M, up 75% year‑over‑year, driven by record charging‑network revenue. This shows strong top‑line momentum. GlobeNewswire: EVgo Reports Record Q4 and FY2025 Results
• Neutral Sentiment: Analyst/earnings coverage and call materials are available (transcript and slide deck) for investors who want details on unit economics and network performance. Yahoo: Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Reported short‑interest data in the feeds shows zero or NaN values (likely a data error); treat short‑interest signals with caution until corrected. (No reliable link provided in the feed.)
• Negative Sentiment: Guidance disappointment: EVgo set 2026 revenue guidance of $410M–$470M, below the consensus (~$480.8M). Lower-than-expected guidance is the main catalyst for the stock decline despite the quarterly beat. GlobeNewswire: Guidance
• Negative Sentiment: Profitability and near‑term estimates remain uncertain: although Q4 beat, Wall Street still models negative EPS for the year (sell‑side consensus around -$0.45), keeping valuation under pressure. Zacks: How Key Metrics Compare to Estimates

EVgo Trading Down 5.3%

NASDAQ:EVGO opened at $2.68 on Wednesday. EVgo has a 1 year low of $2.19 and a 1 year high of $5.18. The stock has a 50-day moving average price of $3.00 and a two-hundred day moving average price of $3.55. The stock has a market cap of $825.39 million, a price-to-earnings ratio of -6.87 and a beta of 2.63.

EVgo (NASDAQ:EVGO) last released its quarterly earnings data on Tuesday, March 3rd. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.10. The business had revenue of $118.47 million for the quarter. EVgo’s quarterly revenue was up 75.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.11) EPS. Sell-side analysts forecast that EVgo will post -0.45 earnings per share for the current year.

About EVgo

EVgo operates one of the largest public electric vehicle (EV) fast-charging networks in the United States, delivering direct current (DC) fast charging and Level 2 charging services to passenger vehicles and commercial fleets. The company’s charging stations are strategically located in urban centers, suburban shopping areas, workplace parking facilities, and along major highway corridors, enabling convenient access for EV drivers and promoting long-distance travel.

The company offers a suite of charging solutions, including subscription plans, pay-per-use options, and fleet charging services tailored to the needs of ride-hailing, delivery, and corporate vehicle fleets.