EVgo Inc. owns and operates a direct current fast-charging network for battery electric vehicles in the United States. As of May 5, 2021, it operated approximately 800 DCFC locations in approximately 65 metropolitan areas across 34 states serving approximately 250,000 private and commercial electric vehicle drivers. The company was founded in 2010 and is based in Los Angeles, California.
IPO Year:
Exchange: NASDAQ
Website: evgo.com
| 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 |
| 10/25/2023 | $6.00 → $4.00 | Outperform → Market Perform | TD Cowen |
| 9/8/2023 | $5.00 | Sector Perform | RBC Capital Mkts |
SC 13D - EVgo Inc. (0001821159) (Subject)
SC 13G/A - EVgo Inc. (0001821159) (Subject)
SC 13G/A - EVgo Inc. (0001821159) (Subject)
SC 13G/A - EVgo Inc. (0001821159) (Subject)
SC 13G - EVgo Inc. (0001821159) (Subject)
SC 13G - EVgo Inc. (0001821159) (Subject)
SC 13G/A - EVgo Inc. (0001821159) (Subject)
SC 13G/A - EVgo Inc. (0001821159) (Subject)
SC 13G - EVgo Inc (0001821159) (Subject)
8-K - EVgo Inc. (0001821159) (Filer)
424B5 - EVgo Inc. (0001821159) (Filer)
424B5 - EVgo Inc. (0001821159) (Filer)
8-K - EVgo Inc. (0001821159) (Filer)
10-Q - EVgo Inc. (0001821159) (Filer)
8-K - EVgo Inc. (0001821159) (Filer)
8-K - EVgo Inc. (0001821159) (Filer)
144 - EVgo Inc. (0001821159) (Subject)
10-Q - EVgo Inc. (0001821159) (Filer)
8-K - EVgo Inc. (0001821159) (Filer)
4 - EVgo Inc. (0001821159) (Issuer)
4 - EVgo Inc. (0001821159) (Issuer)
3 - EVgo Inc. (0001821159) (Issuer)
4 - EVgo Inc. (0001821159) (Issuer)
4 - EVgo Inc. (0001821159) (Issuer)
4 - EVgo Inc. (0001821159) (Issuer)
4 - EVgo Inc. (0001821159) (Issuer)
4 - EVgo Inc. (0001821159) (Issuer)
3 - EVgo Inc. (0001821159) (Issuer)
4 - EVgo Inc. (0001821159) (Issuer)
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
UBS initiated coverage of EVgo Inc. with a rating of Neutral and set a new price target of $4.00
The Benchmark Company initiated coverage of EVgo Inc. with a rating of Buy and set a new price target of $3.00
Cantor Fitzgerald upgraded EVgo Inc. from Neutral to Overweight and set a new price target of $4.00 from $5.00 previously
Cantor Fitzgerald downgraded EVgo Inc. from Overweight to Neutral and set a new price target of $5.00
RBC Capital Mkts upgraded EVgo Inc. from Sector Perform to Outperform and set a new price target of $4.00 from $5.00 previously
TD Cowen downgraded EVgo Inc. from Outperform to Market Perform and set a new price target of $4.00 from $6.00 previously
RBC Capital Mkts initiated coverage of EVgo Inc. with a rating of Sector Perform and set a new price target of $5.00
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
Achieves 7th Consecutive Quarter of Triple Digit Year-Over-Year Network Throughput Growth Raises Mid-Point of 2024 Revenue and Adjusted EBITDA Guidance Record revenue of $67.5 million in the third quarter, representing an increase of 92% year-over-year. Charging network revenue totaled $43.1 million in the third quarter, an increase of 98% year-over-year, representing the 8th sequential quarter of double-digit charging revenue growth. Network throughput reached a record 78 gigawatt-hours ("GWh") in the third quarter, an increase of 111% year-over-year, representing the 7th consecutive quarter of triple digit year-over-year growth. Added more than 270 new operational stalls dur
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 third quarter 2024 financial results on Tuesday, November 12, 2024. 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 Third Quarter 2024 Webcast When: Tuesday, November 12, 2024 Time: 8 a.m. ET (5 a.m. PT) Live Webcast: https://investors.evgo.com/events-and-presentations The call can also be accessed live over the telephone by dialing: Toll Free: (888) 340-5044 (for U.S. callers) Toll/International: (646) 960-0363 (for callers outside the U.S.)
Achieves 6th Consecutive Quarter of Triple Digit Year-Over-Year Network Throughput Growth Raises Midpoint of Total Revenue Guidance by $10 Million Revenue reached a record $66.6 million in the second quarter, representing an increase of 32% year-over-year. Charging network revenue totaled $36.4 million in the second quarter, an increase of 146% year-over-year, representing the 7th sequential quarter of double-digit charging revenue growth. Network throughput reached a record 66 gigawatt-hours ("GWh") in the second quarter, an increase of 164% year-over-year, representing the 6th consecutive quarter of triple digit year-over-year growth. Added more than 220 new operational stal
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 second quarter 2024 financial results on Thursday, August 1, 2024. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. PT (11 a.m. ET). EVgo Second Quarter 2024 Webcast When: Thursday, August 1, 2024 Time: 8 a.m. PT (11 a.m. ET) Live Webcast: https://investors.evgo.com/events-and-presentations The call can also be accessed live over the telephone by dialing: Toll Free: (888) 340-5044 (for U.S. callers) Toll/International: (646) 960-0363 (for callers outside the U.
Revenue reached a record $55.2 million in the first quarter, representing an increase of 118% year-over-year. Network throughput reached a record 53 gigawatt-hours ("GWh") in the first quarter, an increase of 194% year-over-year. Added 250 new operational stalls during the first quarter, including EVgo eXtend™ stalls. Ended the first quarter with approximately 3,780 stalls in operation or under construction, including EVgo eXtend™ stalls. Added nearly 109,000 new customer accounts in the first quarter, reaching more than 981,000 overall at quarter end. EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company") today announced results for the first quarter ended March 31, 2024. Manage
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 first quarter 2024 financial results on Tuesday, May 7, 2024. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. PT (11 a.m. ET). EVgo First Quarter 2024 Webcast When: Tuesday, May 7, 2024 Time: 8 a.m. PT (11 a.m. ET) Live Webcast: https://investors.evgo.com/events-and-presentations The call can also be accessed live over the telephone by dialing: Toll Free: (888) 340-5044 (for U.S. callers) Toll/International: (646) 960-0363 (for callers outside the U.S.) Confer
Revenue reached $50.0 million in the fourth quarter, representing an increase of 83% year-over-year. For the full year 2023, revenue reached $161.0 million, an increase of 195% over full year 2022, and exceeding the high-end of the Company's guidance range. Network throughput reached a record 50 gigawatt-hours ("GWh") in the fourth quarter, an increase of 257% year-over-year. Network throughput for the full year 2023 increased to 130 GWh, representing growth of 189% over full year 2022. Ended 2023 with approximately 3,550 stalls in operation or under construction, including EVgo eXtend™ stalls, with over 260 new operational stalls added during the fourth quarter. Added over
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 2023 financial results on Wednesday, March 6, 2024. This release will be followed by a webcast hosted by members of the EVgo management team at 8:00 a.m. PT (11:00 a.m. ET). EVgo Fourth Quarter and Full Year 2023 Webcast When: Wednesday, March 6, 2024 Time: 8:00 a.m. PT (11:00 a.m. ET) Live Webcast: https://investors.evgo.com/events-and-presentations The call can also be accessed live over the telephone by dialing: Toll Free: (800) 715-9871 (for U.S. callers) Toll/International: (6
Dennis Kish, EVgo's Chief Operating Officer, appointed President to manage consolidated operations, business development, marketing and technology functions EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company"), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced certain preliminary financial and operating results for fiscal year 2023. The Company announced preliminary 2023 throughput of approximately 130 gigawatt-hours ("GWh"). Utilization on the EVgo network in December 2023 was over 19% up from 15% in September 2023. EVgo ended 2023 with over 3,500 stalls in operation or under construction, including EVgo eXtend™ stalls. EVgo anticipates
$75 million drawdown will support deployment of convenient, reliable public charging infrastructure nationwide EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company") today announced it has received its first drawdown of $75 million from its $1.25 billion guaranteed loan from the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") under its Title 17 Clean Energy Financing Program, which reached financial close in December 2024 after a thorough 18-month process. This and subsequent drawdowns over the 5-year deployment period will support the Company's ongoing buildout efforts to deploy nationwide charging infrastructure. EVgo has already built the first new stalls financed by the loan
EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company") announced today the pricing of the previously announced underwritten public secondary offering by EVgo Holdings, LLC, an affiliate of LS Power Equity Partners IV, L.P. ("LS Power"), of 23,000,000 shares of Class A common stock, par value $0.0001 per share (the "Class A Shares"), of the Company, at a public offering price of $5.00 per share. LS Power has granted the underwriters a 30-day option to purchase up to an additional 3,450,000 Class A Shares at the public offering price, less the underwriting discounts and commissions. No Class A Shares are being sold by the Company. LS Power will receive all of the proceeds from this offering, and t
EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company") announced today that EVgo Holdings, LLC, an affiliate of LS Power Equity Partners IV, L.P. ("LS Power"), intends to offer for sale in an underwritten public secondary offering 23,000,000 shares of Class A common stock, par value $0.0001 per share (the "Class A Shares") of the Company. LS Power expects to grant the underwriters a 30-day option to purchase up to an additional 3,450,000 Class A Shares at the public offering price, less the underwriting discounts and commissions. No Class A Shares are being sold by the Company. LS Power will receive all of the proceeds from the sale of Class A Shares in the offering, and the Company will not rec
OVERLAND PARK, KS / ACCESSWIRE / December 13, 2024 / Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the fourth quarter of 2024. Following the close of trading on Friday, Dec. 20, 2024, the indices will be rebalanced according to their stated methodologies and as a result, the following changes will become effective.Tortoise MLP Index ®(TMLP/TMLPT)ActionCompanyTicker No Changes Tortoise North American Pipeline IndexSM(TNAP/TNAPT)ActionCompanyTicker No Changes Tortoise Global Water ESG IndexSM(TGWESG/TGWESGT)ActionCompanyTickerAdditionCalifornia Water Service GroupCWTTortoise Decarbonization Infrastructure Index
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
Together, the companies doubled their fast-charging footprint over the last year, expanding nationwide access to public fast charging 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 General Motors (GM) have surpassed 2,000 public fast charging stalls opened through their ongoing metropolitan charging collaboration. To date, EVgo and GM have built fast charging stalls in more than 390 locations in 45 metropolitan markets across 32 states as part of a longstanding collaboration to broaden access to public charging in amenity-rich locations, such as grocery stores, retail centers
Next phase of partnership to bring fast charging to as many as 60 Meijer properties across six states EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company"), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced an expansion to its longstanding partnership with Meijer, a Midwest grocery retailer, to bring more public fast charging infrastructure to Meijer store locations throughout its six-state footprint. As part of this expanded relationship, EVgo plans to deploy up to 480 new public fast charging stalls at Meijer properties across Michigan, Illinois, Wisconsin, Indiana, Ohio, and Kentucky. This press release features multimedia. View the ful
Achieves 7th Consecutive Quarter of Triple Digit Year-Over-Year Network Throughput Growth Raises Mid-Point of 2024 Revenue and Adjusted EBITDA Guidance Record revenue of $67.5 million in the third quarter, representing an increase of 92% year-over-year. Charging network revenue totaled $43.1 million in the third quarter, an increase of 98% year-over-year, representing the 8th sequential quarter of double-digit charging revenue growth. Network throughput reached a record 78 gigawatt-hours ("GWh") in the third quarter, an increase of 111% year-over-year, representing the 7th consecutive quarter of triple digit year-over-year growth. Added more than 270 new operational stalls dur
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 third quarter 2024 financial results on Tuesday, November 12, 2024. 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 Third Quarter 2024 Webcast When: Tuesday, November 12, 2024 Time: 8 a.m. ET (5 a.m. PT) Live Webcast: https://investors.evgo.com/events-and-presentations The call can also be accessed live over the telephone by dialing: Toll Free: (888) 340-5044 (for U.S. callers) Toll/International: (646) 960-0363 (for callers outside the U.S.)
Co-development will improve customer experience, enhance charger reliability, and drive cost efficiencies with advanced firmware and hardware design EVgo Inc. (NASDAQ:EVGO) ("EVgo" or the "Company"), one of the nation's largest public fast charging networks for electric vehicles (EVs), announced today that it has entered into a new memorandum of understanding (MOU) with longtime technology partner, Delta Electronics, Inc. ("Delta"), a global leader in power management and a provider of IoT-based smart green solutions, to jointly develop next-generation EV charging architecture. This new charging architecture is designed to provide EVgo with more control over the full customer experience wh
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
FOSTER CITY, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- Motiv a leading OEM of medium-duty electric trucks, today announced the appointment of Scott Griffith as its new Chief Executive Officer and board member. Griffith has spent the past 30 years founding, leading, scaling and advising leading technology-based companies that have often been market disruptors operating at the intersection of technology and mobility. Immediately prior to joining Motiv, Griffith served as CEO of Ford Motor Company's Autonomous Vehicles and Mobility Businesses, where he oversaw the development of Level 4 autonomous vehicles as well as overseeing Ford's portfolio of strategic investments in future mobility busin
Additions of Seasoned Technology and Energy Executives further strengthens Board of Directors with deep sector expertise EVgo Inc. (NASDAQ:EVGO), the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced the appointment of CyrusOne LLC Executive Vice President and Chief Financial Officer Katherine Motlagh as a director on the Board and the election of National Grid U.S. President Badar Khan at the 2022 Annual Meeting as a Class I Director. Katherine Motlagh's term as a director expires at the 2024 annual meeting of stockholders while Badar Khan's term expires at the 2025 annual meeting of stockholders. Thi
Addition to management team bolsters EVgo's efforts to scale EV charging solutions to meet growing demand EVgo Inc. (NASDAQ:EVGO), the nation's largest public fast charging network for electric vehicles (EVs) and only platform powered by 100% renewable electricity, today announced the appointment of Dennis Kish as Chief Operating Officer (COO), effective January 2022. Kish brings over 30 years of experience in the high technology and infrastructure sectors, and as EVgo's COO he will oversee all charger installation activities related to contractual commitments and public and fleet network expansion, including site development, engineering and construction, and contract management. Kish wil
4 - EVgo Inc. (0001821159) (Issuer)