JP Morgan upgraded EVgo Inc. from Neutral to Overweight and set a new price target of $7.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/10/2024 | $4.00 → $8.50 | Neutral → Buy | UBS |
| 10/3/2024 | $5.00 → $7.00 | Hold → Buy | TD Cowen |
| 10/3/2024 | $7.00 | Neutral → Overweight | JP Morgan |
| 7/22/2024 | $4.00 | Neutral | UBS |
| 6/5/2024 | $3.00 | Buy | The Benchmark Company |
| 5/9/2024 | $5.00 → $4.00 | Neutral → Overweight | Cantor Fitzgerald |
| 3/7/2024 | $5.00 | Overweight → Neutral | Cantor Fitzgerald |
| 3/7/2024 | $5.00 → $4.00 | Sector Perform → Outperform | RBC Capital Mkts |
With locations across more than 25 states, EV travelers can hit the highways this spring break and summer with convenient charging at over 130 travel centers Pilot Company (Pilot), General Motors (NYSE:GM) and EVgo Inc. (NASDAQ:EVGO) today announced their collaborative network has reached more than 130 electric vehicle (EV) fast-charging locations in over 25 states. The charging network offers an elevated experience along popular corridors and major interstates, enabling long-distance EV travel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250320340836/en/Pilot's growing electric vehicle fast-charging network offers an elevate
The companies collaborated on high-power DC fast charger deployment in key markets to increase public charging infrastructure EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company"), one of the nation's largest providers of public fast charging infrastructure for electric vehicles (EVs), and Toyota Motor North America, Inc. ("Toyota") today announced the opening of the first DC fast charging (DCFC) stations in Baldwin Park and Sacramento, California, built through Toyota's "Empact" vision. The new co-branded stations, owned and operated by EVgo, each serve up to eight vehicles simultaneously and exclusively feature 350kW fast chargers. This press release features multimedia. View the full releas
Issues 2025 Guidance of $340 - $380 Million of Revenue and Adjusted EBITDA of ($5) Million - $10 Million1 Revenue of $67.5 million in the fourth quarter, representing an increase of 35% year-over-year. For the full year 2024, revenue reached a record $256.8 million, an increase of 60% over the full year 2023, meeting the annual guidance range. Charging network revenue totaled a record $46.5 million in the fourth quarter, an increase of 73% year-over-year, representing the 9th sequential quarter of double-digit charging revenue growth. For the full year 2024, charging network revenue reached a record $155.7 million, an increase of 110% over the full year 2023. Network throughput re
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Energy industry veteran will leverage decades of finance and operations experience to lead EVgo's next phase of growth EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company"), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced the appointment of Paul Dobson as Chief Financial Officer (CFO), effective October 1, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240919130424/en/EVgo appoints Paul Dobson as Chief Financial Officer (Graphic: Business Wire) Dobson has more than 30 years of professional experience in finance and operations roles – including in the energy sector, most re
Former Tesla and General Motors leaders to join EVgo as the Company continues to make investments to position itself as the charging network of choice amid a shifting competitive landscape EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company"), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced it has expanded its leadership team with a strong bench of experienced talent from Tesla and General Motors. Former Tesla charging team leaders Martin Sukup and Jeff Inhofer joined EVgo earlier this month, with Sukup taking on the role of Executive Vice President of Engineering and Inhofer serving as the Vice President of Electric Vehicle Supply Equipm
Addition of dedicated People role to Executive Leadership Team reinforces EVgo's commitment to being an employer of choice in the EV charging industry amid a shifting competitive landscape EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company"), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced the appointment of Keith Hutchison as Chief People Officer (CPO). Hutchison brings over two decades of experience working in human resources (HR) within the energy and EV sectors, and as EVgo's first CPO, he will be responsible for the oversight of the Company's entire employee lifecycle, from attraction and recruitment to development, retention and re
Issues 2025 Guidance of $340 - $380 Million of Revenue and Adjusted EBITDA of ($5) Million - $10 Million1 Revenue of $67.5 million in the fourth quarter, representing an increase of 35% year-over-year. For the full year 2024, revenue reached a record $256.8 million, an increase of 60% over the full year 2023, meeting the annual guidance range. Charging network revenue totaled a record $46.5 million in the fourth quarter, an increase of 73% year-over-year, representing the 9th sequential quarter of double-digit charging revenue growth. For the full year 2024, charging network revenue reached a record $155.7 million, an increase of 110% over the full year 2023. Network throughput re
EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company"), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that it will release its fourth quarter and full year 2024 financial results on Tuesday, March 4, 2025. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. ET (5 a.m. PT). EVgo Fourth Quarter and Full Year 2024 Webcast When: Tuesday, March 4, 2025 Time: 8 a.m. ET (5 a.m. PT) Live Webcast: https://investors.evgo.com/events-and-presentations A copy of the press release with the financial results and the presentation discussed during the webcast will be available on the Investor Relations sec
Loan guarantee to support nationwide deployment of approximately 7,500 high-power fast charging stalls EVgo to host investor conference call at 5 p.m. ET today EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company") today announced the closing of its $1.25 billion guaranteed loan facility from the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") under its Title 17 Clean Energy Financing Program to support EVgo's forthcoming efforts to build convenient, reliable public charging infrastructure for electric vehicles (EVs) with the construction of 7,500 new fast charging stalls nationwide. This buildout will bring EVgo's total owned and operated network to at least 10,000 fast ch
UBS upgraded EVgo Inc. from Neutral to Buy and set a new price target of $8.50 from $4.00 previously
TD Cowen upgraded EVgo Inc. from Hold to Buy and set a new price target of $7.00 from $5.00 previously
JP Morgan upgraded EVgo Inc. from Neutral to Overweight and set a new price target of $7.00