EVgoEVGO
Market Cap: 413M
About: EVgo owns and operates a public direct current fast-charging network in the us. Its network of charging stations provides electric vehicle charging infrastructure to consumers and businesses. The network is capable of charging all EV models and meets all charging standards currently available in the us. EVgo partners with national and regional chains of grocery stores, automotive original equipment manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments and independent property owners in order to locate and deploy its EV charging infrastructure.
Employees: 295
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
93% more call options, than puts
Call options by funds: $4.42M | Put options by funds: $2.29M
2% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 45
3% less funds holding
Funds holding: 178 [Q4 2023] → 172 (-6) [Q1 2024]
4.82% less ownership
Funds ownership: 46.44% [Q4 2023] → 41.62% (-4.82%) [Q1 2024]
19% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 32
36% less capital invested
Capital invested by funds: $171M [Q4 2023] → $110M (-$61.5M) [Q1 2024]
Research analyst outlook
13 Wall Street Analysts provided 1 year price forecasts over the past 6 months
13 analyst ratings
Cantor Fitzgerald Andres Sheppard | 3%upside $4 | Overweight Reiterated | 22 Jul 2024 |
UBS William Grippin | 3%upside $4 | Neutral Initiated | 22 Jul 2024 |
Cantor Fitzgerald Andres Sheppard | 3%upside $4 | Overweight Reiterated | 15 Jul 2024 |
Benchmark Michael Legg | 29%upside $5 | Buy Maintained | 12 Jul 2024 |
Cantor Fitzgerald Andres Sheppard | 3%upside $4 | Overweight Reiterated | 1 Jul 2024 |
Financial journalist opinion
Based on 12 articles about EVGO published over the past 30 days