EVGO · NASDAQ · Specialty Retail

EVgo

Runs public fast-charging networks and charging services for drivers, fleets, and partners.

$1.40
After-hours close+0.01 (+0.94%)
At close$1.39(−3.48%)
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Profile

EVgo, Inc.EVGOConsumer Discretionary

Runs a public DC fast-charging network and also sells dedicated fleet charging, eXtend deployments, network services, PlugShare data products, and regulatory credits. Operates as one reportable segment with growth tied to site hosts, automaker relationships, and financed network buildout.

Operates a public DC fast-charging network in the United States and supplements it with dedicated charging for fleets and autonomous vehicles. Revenue also comes from eXtend projects, where customers own the charging assets and EVgo provides design, software, operations, and maintenance.

PlugShare adds a software and data layer through charging-location data, analytics, research, and advertising products. OEM and network-service relationships broaden the business beyond directly owned charging sites.

Most of the footprint is tied to the public network, while expansion also depends on third-party deployments and site-host partnerships. Regulatory credits, automaker integrations, and DOE-backed financing all shape how quickly the network can scale.

Company facts

CEOBadar Khan
ListedJul 2, 2021
ExchangeNASDAQ
HeadquartersEl Segundo, CA
CountryUnited States
Employees376
CIK0001821159
ISINUS30052F1003

Key statistics

Market cap$433.1M
EPS (ttm)−$0.3983
P/E (ttm)−3.46
ROE41.3%
P/B−9.47
P/S1.07
Dividend yield
Beta2.65vs XLY −0.12

Year to date −55.0% · Average volume (30d) 3.5M

Analysts

Price target, next 12 months$3.00+117.4%Median of 16 analysts · vs the Aug 28 close
ConsensusBuy10 of 16 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 10, 2026Roth CapitalTarget$4$2
Aug 6, 2026Morgan StanleyTarget$4$2.50
Aug 6, 2026Cantor FitzgeraldReiterateOverweight$5$3
Jul 21, 2026JP MorganDowngradeNeutralUnderweight
Mar 25, 2026JP MorganDowngradeOverweightNeutral

Earnings

EPS

Estimate−$0.15
ReportedDue Nov 9, 2026

Revenue

Estimate$94.4M
ReportedDue Nov 9, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26−$0.14−$0.15−9.9%$80.1M$82.6M+3.2%−11.56%
May 5, 2026Q1 FY26−$0.14−$0.12+14.3%$88.0M$109.5M+24.5%−7.62%
Mar 3, 2026Q4 FY25−$0.15−$0.04+73.3%$102.6M$118.5M+15.5%−5.97%
Nov 10, 2025Q3 FY25−$0.18−$0.09+50.0%$102.6M$92.3M−10.1%−2.91%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$75.3M$98.0M$92.3M$118.5M$109.5M$82.6M
Gross profit$9.3M$13.9M$12.6M$45.0M$9.7M$7.3M
Operating income−$33.4M−$30.8M−$34.1M−$12.4M−$32.6M−$40.1M
Net income−$11.4M−$13.0M−$12.4M−$4.8M−$16.4M−$20.8M
Diluted EPS−$0.09−$0.10−$0.09−$0.04−$0.12−$0.15
Gross margin12.4%14.2%13.6%38.0%8.8%8.9%
Operating margin-44.4%-31.4%-36.9%-10.4%-29.7%-48.6%

Fiscal years (4-quarter sums)FY21 $22.2M · FY22 $54.6M · FY23 $161.0M · FY24 $256.8M · FY25 $384.1M

Revenue by product · Q2 FY26

Charging Revenue Retail$37.8M · 58%
Charging Revenue Commercial$10.8M · 17%
Network Revenue OEM$4.7M · 7%
Regulatory Credit Sales$4.7M · 7%
Charging Revenue OEM$3.4M · 5%
Ancillary Revenue$3.2M · 5%

Balance sheet, Jun 30, 2026Cash & short-term investments $121.8M · Total debt $415.6M · Total assets $966.9M · Shareholders' equity −$20.5M

Dividends

No dividends on record.

Ownership

Institutions 32.16%100.93M sharesInsiders 0.62%1.94M sharesOther 67.22%210.99M shares

Shares outstanding 313.86M · Float 295.57M · 94.2% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.11.01M3.51%13FAug 7, 2026
Morgan Stanley8.21M2.61%13FAug 13, 2026
Barclays PLC6.53M5.01%13GMar 21, 2025
Ramya Rao6.53M5.01%13GFeb 7, 2025
State Street Corp6.37M2.03%13FAug 7, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • Tesla

    Largest fast-charging rival across corridors, OEM access and NACS

  • ChargePoint

    Broad network software and fleet rival with growing DC fast reach

  • Blink Charging

    Operator-led charging rival in network services and DC fast sites

  • Shell (ADR)

    Energy-backed public and fleet charging rival through Shell Recharge

  • Wallbox

    Hardware-software rival in DC fast deployments and fleet sites

CompareAfter-hours close

CompanyPriceChange
EVgo$1.40+0.94%$433.1M1.1−15.7%
Tesla$348.19−0.16%$1.38T322.9174.613.3+25.5%
ChargePoint$5.60+0.54%$144.2M0.3+4.3%
Blink Charging$0.5328+0.30%$76.5M0.8−24.3%
Shell (ADR)$91.47+0.63%$253.47B10.09.20.8+44.7%
Wallbox$3.00−1.96%$71.1M0.5−45.3%
Median166.591.90.8+4.3%