EVGO Chart
About

EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles in the United States. The company offers electricity directly to drivers; original equipment manufacturer charging and related services; and fleet and rideshare public charging services; and commercial charging. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare such as data, research, and advertising services and equipment procurement and operational services. EVgo, Inc. was incorporated in 2010 and is headquartered in Los Angeles, California.EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Specialty Retail Market Cap 862.35M
Enterprise Value 1.28B Income -48.88M Sales 333.13M
Book/sh -3.18 Cash/sh 1.34 Dividend Yield —
Payout 0.00% Employees 329 IPO —
P/E — Forward P/E -5.05 PEG —
P/S 2.59 P/B -0.88 P/C —
EV/EBITDA -22.40 EV/Sales 3.83 Quick Ratio 1.77
Current Ratio 2.13 Debt/Eq 67.29 LT Debt/Eq —
EPS (ttm) -0.38 EPS next Y -0.56 EPS Growth —
Revenue Growth 36.70% Earnings 2026-03-03 ROA -9.03%
ROE -28.07% ROIC — Gross Margin 35.53%
Oper. Margin -33.90% Profit Margin -14.76% Shs Outstand 135.18M
Shs Float 127.65M Short Float 26.64% Short Ratio 9.57
Short Interest — 52W High 5.18 52W Low 2.19
Beta 2.62 Avg Volume 3.39M Volume 1.75M
Target Price $6.54 Recom Buy Prev Close $2.76
Price $2.80 Change 1.45%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.54
Mean price target
2. Current target
$2.84
Latest analyst target
3. DCF / Fair value
$-8.52
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.84
Low
$4.00
High
$12.00
Mean
$6.54

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-25 main Stifel Buy → Buy $8
2025-11-11 main UBS Buy → Buy $6
2025-10-14 reit Needham Hold → Hold —
2025-08-20 main UBS Buy → Buy $5
2025-08-06 main Morgan Stanley Equal-Weight → Equal-Weight $5
2025-06-03 init Morgan Stanley — → Equal-Weight $4
2025-03-31 main Evercore ISI Group Outperform → Outperform $4
2025-03-12 main JP Morgan Overweight → Overweight $5
2025-03-06 main Stifel Buy → Buy $8
2025-03-05 reit Cantor Fitzgerald Overweight → Overweight $8
2025-03-05 reit Needham Hold → Hold —
2025-02-19 main JP Morgan Overweight → Overweight $6
2025-01-27 main UBS Buy → Buy $5
2025-01-16 reit Needham Hold → Hold —
2024-12-20 main JP Morgan Overweight → Overweight $7
2024-11-13 reit Needham — → Hold —
2024-10-30 main Stifel Buy → Buy $10
2024-10-10 up UBS Neutral → Buy $9
2024-10-09 main RBC Capital Outperform → Outperform $8
2024-10-04 up TD Cowen Hold → Buy $7
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 176775 — — KISH DENNIS G President — 2026-01-30 00:00:00 D nan
1 112892 — — SULLIVAN FRANCINE Officer — 2026-01-30 00:00:00 D nan
2 189933 — — KHAN BADAR Chief Executive Officer — 2026-01-30 00:00:00 D nan
3 340258 — — KHAN BADAR Chief Executive Officer — 2025-11-13 00:00:00 D nan
4 27799 — — DOBSON PAUL MICHAEL Chief Financial Officer — 2025-10-22 00:00:00 D nan
5 25651 — — SEELIG JONATHAN Director — 2025-10-10 00:00:00 D nan
6 29311 — Conversion of Exercise of derivative security at price 3.46 per share. KISH DENNIS G President — 2025-08-08 00:00:00 D 101416.0
7 27357 — — SULLIVAN FRANCINE Officer — 2025-08-08 00:00:00 D nan
8 120000 — Sale at price 3.69 - 3.75 per share. KISH DENNIS G President — 2025-05-20 00:00:00 D 445651.0
9 58888 — — GRIFFITH SCOTT W Director — 2025-05-16 00:00:00 D nan
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-86.50K1.73M8.32M0.00
TaxRateForCalcs0.020.210.210.00
NormalizedEBITDA-60.89M-109.69M-109.92M-65.25M
TotalUnusualItems-4.89M8.24M39.64M33.32M
TotalUnusualItemsExcludingGoodwill-4.89M8.24M39.64M33.32M
NetIncomeFromContinuingOperationNetMinorityInterest-44.33M-42.43M-27.57M-5.91M
ReconciledDepreciation65.80M51.96M35.92M23.90M
ReconciledCostOfRevenue181.47M119.38M41.46M17.06M
EBITDA-65.78M-101.45M-70.28M-31.93M
EBIT-131.57M-153.41M-106.20M-55.84M
NetInterestIncome7.49M9.75M4.46M-1.86M
InterestExpense0.0021.00K1.93M
InterestIncome7.49M9.75M4.48M69.00K
NormalizedIncome-39.53M-48.94M-58.89M-39.23M
NetIncomeFromContinuingAndDiscontinuedOperation-44.33M-42.43M-27.57M-5.91M
TotalExpenses388.39M314.36M204.09M112.05M
TotalOperatingIncomeAsReported-131.57M-153.41M-149.50M-89.83M
DilutedAverageShares108.13M90.59M68.94M68.02M
BasicAverageShares108.13M90.59M68.94M68.02M
DilutedEPS-0.41-0.46-0.40-0.09
BasicEPS-0.41-0.46-0.40-0.09
DilutedNIAvailtoComStockholders-44.33M-42.43M-27.57M-5.91M
NetIncomeCommonStockholders-44.33M-42.43M-27.57M-5.91M
NetIncome-44.33M-42.43M-27.57M-5.91M
MinorityInterests82.37M93.04M78.67M51.86M
NetIncomeIncludingNoncontrollingInterests-126.70M-135.47M-106.24M-57.76M
NetIncomeContinuousOperations-126.70M-135.47M-106.24M-57.76M
TaxProvision-2.28M42.00K18.00K0.00
PretaxIncome-128.99M-135.42M-106.22M-57.76M
OtherIncomeExpense-4.91M8.23M38.82M33.93M
OtherNonOperatingIncomeExpenses-18.00K-10.00K-815.00K607.00K
SpecialIncomeCharges-288.00K1.08M3.48M2.21M
RestructuringAndMergernAcquisition288.00K-1.08M-3.48M-2.21M
GainOnSaleOfSecurity-4.60M7.16M36.16M31.11M
NetNonOperatingInterestIncomeExpense7.49M9.75M4.46M-1.86M
InterestExpenseNonOperating0.0021.00K1.93M
InterestIncomeNonOperating7.49M9.75M4.48M69.00K
OperatingIncome-131.57M-153.41M-149.50M-89.83M
OperatingExpense160.94M163.12M143.85M83.00M
DepreciationAmortizationDepletionIncomeStatement19.81M20.11M17.14M11.91M
DepreciationAndAmortizationInIncomeStatement19.81M20.11M17.14M11.91M
SellingGeneralAndAdministration141.13M143.01M126.71M71.09M
GeneralAndAdministrativeExpense141.13M143.01M126.71M71.09M
OtherGandA141.13M143.01M126.71M71.09M
GrossProfit29.37M9.71M-5.65M-6.83M
CostOfRevenue227.46M151.24M60.24M29.04M
TotalRevenue256.82M160.95M54.59M22.21M
OperatingRevenue256.82M160.95M54.59M22.21M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber130.69M103.65M70.97M68.74M
ShareIssued130.69M103.65M70.97M68.74M
TotalDebt90.37M68.00M50.65M0.00
TangibleBookValue-325.91M-240.64M-449.76M-1.46B
InvestedCapital-256.11M-160.59M-358.10M-1.36B
WorkingCapital93.97M178.06M188.14M459.47M
NetTangibleAssets-325.91M-240.64M-449.76M-1.46B
CapitalLeaseObligations90.37M68.00M50.65M0.00
CommonStockEquity-256.11M-160.59M-358.10M-1.36B
TotalCapitalization-256.11M-160.59M-358.10M-1.36B
TotalEquityGrossMinorityInterest443.73M540.38M517.13M587.92M
MinorityInterest699.84M700.96M875.23M1.95B
StockholdersEquity-256.11M-160.59M-358.10M-1.36B
RetainedEarnings-256.14M-248.55M-375.66M-1.36B
AdditionalPaidInCapital0.0087.93M17.53M0.00
CapitalStock30.00K30.00K27.00K27.00K
CommonStock30.00K30.00K27.00K27.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest360.03M266.24M212.60M158.40M
TotalNonCurrentLiabilitiesNetMinorityInterest248.62M176.89M125.25M111.53M
OtherNonCurrentLiabilities61.58M36.44M27.89M28.53M
DerivativeProductLiabilities9.74M5.14M12.30M48.46M
NonCurrentDeferredLiabilities70.47M55.09M23.90M21.71M
NonCurrentDeferredRevenue70.47M55.09M23.90M21.71M
LongTermDebtAndCapitalLeaseObligation83.04M61.99M45.69M0.00
LongTermCapitalLeaseObligation83.04M61.99M45.69M0.00
LongTermProvisions23.79M18.23M15.47M12.83M
CurrentLiabilities111.41M89.35M87.34M46.87M
OtherCurrentLiabilities1.84M298.00K136.00K111.00K
CurrentDeferredLiabilities46.26M32.35M33.89M16.74M
CurrentDeferredRevenue46.26M32.35M33.89M16.74M
CurrentDebtAndCapitalLeaseObligation7.33M6.02M4.96M
CurrentCapitalLeaseObligation7.33M6.02M4.96M0.00
PensionandOtherPostRetirementBenefitPlansCurrent11.28M9.49M7.11M5.04M
PayablesAndAccruedExpenses44.70M41.19M41.25M24.98M
CurrentAccruedExpenses31.67M31.05M32.12M22.03M
Payables13.03M10.13M9.13M2.95M
AccountsPayable13.03M10.13M9.13M2.95M
TotalAssets803.76M806.61M729.72M746.32M
TotalNonCurrentAssets598.39M539.21M454.24M239.98M
OtherNonCurrentAssets24.32M2.21M2.61M3.42M
GoodwillAndOtherIntangibleAssets69.80M80.05M91.66M103.28M
OtherIntangibleAssets38.75M49.00M60.61M72.23M
Goodwill31.05M31.05M31.05M31.05M
NetPPE504.26M456.95M359.97M133.28M
AccumulatedDepreciation-153.02M-92.34M-49.60M-27.32M
GrossPPE657.29M549.29M409.57M160.60M
ConstructionInProgress53.14M91.80M104.39M39.12M
OtherProperties580.32M434.94M273.30M115.34M
MachineryFurnitureEquipment23.82M22.54M15.94M6.14M
LandAndImprovements15.93M0.00
Properties0.0015.93M0.00
CurrentAssets205.38M267.41M275.48M506.35M
OtherCurrentAssets21.28M14.08M10.21M1.39M
RestrictedCash3.24M472.00K
PrepaidAssets4.95M6.39M
Receivables63.58M44.18M19.09M13.68M
DuefromRelatedPartiesCurrent0.001.50M
AccountsReceivable63.58M44.18M19.09M12.18M
AllowanceForDoubtfulAccountsReceivable-1.20M-1.12M-687.00K-718.00K
GrossAccountsReceivable64.78M45.30M19.77M12.90M
CashCashEquivalentsAndShortTermInvestments117.27M208.67M246.19M484.88M
CashAndCashEquivalents117.27M208.67M246.19M484.88M
CashFinancial484.88M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-102.04M-195.95M-259.05M-94.61M
RepaymentOfDebt0.00-5.50M
IssuanceOfDebt0.0024.00M
IssuanceOfCapitalStock0.00133.85M10.65M0.00
CapitalExpenditure-94.79M-158.90M-200.25M-65.00M
EndCashPosition120.51M209.15M246.49M485.18M
BeginningCashPosition209.15M246.49M485.18M7.91M
ChangesInCash-88.63M-37.35M-238.69M477.27M
FinancingCashFlow13.09M143.02M19.81M594.63M
CashFlowFromContinuingFinancingActivities13.09M143.02M19.81M594.63M
NetOtherFinancingCharges13.09M9.17M9.16M576.11M
ProceedsFromStockOptionExercised0.003.00K30.00K
NetCommonStockIssuance0.00133.85M10.65M0.00
CommonStockIssuance0.00133.85M10.65M0.00
NetIssuancePaymentsOfDebt0.0018.50M
NetLongTermDebtIssuance0.0018.50M
LongTermDebtPayments0.00-5.50M
LongTermDebtIssuance0.0024.00M
InvestingCashFlow-94.47M-143.31M-199.71M-87.77M
CashFlowFromContinuingInvestingActivities-94.47M-143.31M-199.71M-87.77M
NetOtherInvestingChanges316.00K311.00K710.00K
NetInvestmentPurchaseAndSale0.00-166.00K0.00
SaleOfInvestment0.0037.17M0.00
PurchaseOfInvestment0.00-37.33M0.00
NetBusinessPurchaseAndSale0.00-22.76M
PurchaseOfBusiness0.00-22.76M
NetPPEPurchaseAndSale0.0015.27M0.00-65.00M
SaleOfPPE0.0015.27M0.00
PurchaseOfPPE-200.25M-65.00M
CapitalExpenditureReported-94.79M-158.90M-200.25M
OperatingCashFlow-7.26M-37.05M-58.79M-29.60M
CashFlowFromContinuingOperatingActivities-7.26M-37.05M-58.79M-29.60M
ChangeInWorkingCapital19.64M13.44M17.06M22.64M
ChangeInOtherWorkingCapital30.08M31.14M18.83M25.86M
ChangeInOtherCurrentLiabilities-800.00K-142.00K-1.07M-737.00K
ChangeInPayablesAndAccruedExpense8.25M8.94M8.69M4.83M
ChangeInAccruedExpense3.27M8.29M7.32M7.03M
ChangeInPayable4.97M654.00K1.37M-2.20M
ChangeInAccountPayable4.97M654.00K1.37M-1.29M
ChangeInPrepaidAssets-6.91M-2.70M-2.36M-5.69M
ChangeInReceivables-10.97M-23.81M-7.02M-1.62M
ChangesInAccountReceivables-10.97M-23.81M-8.52M-195.00K
OtherNonCashItems-31.00K34.00K777.00K473.00K
StockBasedCompensation21.96M29.72M25.05M10.94M
DepreciationAmortizationDepletion65.80M51.96M35.92M23.90M
DepreciationAndAmortization65.80M51.96M35.92M23.90M
Depreciation65.80M51.96M35.92M23.90M
OperatingGainsLosses12.08M3.26M-31.36M-29.79M
GainLossOnInvestmentSecurities4.89M-8.24M-39.64M-31.11M
GainLossOnSaleOfPPE7.19M11.50M8.28M1.31M
NetIncomeFromContinuingOperations-126.70M-135.47M-106.24M-57.76M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for EVGO
Date User Asset Broker Type Position Size Entry Price Patterns