EVgo, Inc. (EVGO) AI Stock Analysis

EVgo, Inc. provides direct current fast charging solutions across the United States through an extensive network of public chargers. The company serves original equipment manufacturers, commercial fleets, rideshare drivers, and retail electric vehicle owners. Its offerings include public charging, dedicated fleet infrastructure, charging as a service, and maintenance and project management through its eXtend platform. EVgo also generates revenue through ancillary services such as digital application customization, charging data integration, loyalty programs, and microtargeted advertising. Founded in 2010, the company is headquartered in Los Angeles, California.

Annual revenue grew from $21.7M in FY2021 to $384.1M in FY2025, highlighted by annual gains of 194.9% in FY2023 and 49.6% in FY2025. Gross margin expanded from -10.4% in FY2022 to 21.0% in FY2025, while operating margin improved from -273.9% in FY2022 to -28.8% in FY2025. Net income remained in deficit at -$41.6M in FY2025 with an EPS of -$0.03. Over the trailing twelve months, revenue reached $402.9M with an operating margin of -45.9%. In the latest quarter ended June 30, 2026, quarterly revenue fell 15.7% year-over-year and quarterly earnings declined 89.6% year-over-year.

As of June 30, 2026, EVgo held $121.8M in cash and short-term investments alongside total debt of $415.6M, resulting in net debt of $293.7M. Total assets stood at $966.9M and the current ratio was 2.19, while shareholders' equity was negative at -$20.4M. During FY2025, the company reported operating cash flow of -$7.7M and capital expenditures of $116.7M, generating free cash flow of -$124.4M. Over the past five years, the company's share count increased 106.4%.

EVgo has a market capitalization of $336.5M and an enterprise value of $486.5M. The stock trades at a price-to-sales ratio of 0.8x, compared to 0.7x for the median of its US-listed Consumer Cyclical peers. Its EV-to-revenue multiple is 1.2x, and price-to-book is 6.3x. Over the past year, EVgo shares fell 75.1%, while the S&P 500 benchmark SPY returned 16.8%. Over five years, the stock dropped 86.3% compared to an 83.0% gain for SPY. At its last close of $1.07 on October 16, 2026, the stock traded 47.1% below its 200-day average.

Wall Street analysts cover EVgo with 6 Strong Buy, 1 Buy, 2 Hold, and 1 Sell ratings. The mean price target is $3.34, which is 212.5% above the last close of $1.07. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $407.3M and an EPS of -$0.55. For the subsequent fiscal year, 2 analysts expect revenue of $524.7M and an EPS of -$0.49. EVgo beat EPS estimates in each of its last 4 quarters, and its next earnings date is November 9, 2026.

This page is an AI-written research summary of EVgo, Inc. (EVGO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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