EVGO stock icon

EVgo
EVGO

$2.03
2.6%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 9 analysts
0
News positive %
of 15 articles

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

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$2
1%
downside
Avg. target
$4.67
130%
upside
High target
$8
294%
upside

9 analyst ratings

positive
67%
neutral
33%
negative
0%
Benchmark
Michael Legg
48%upside
$3
Buy
Initiated
5 Jun 2024
Evercore ISI Group
James West
245%upside
$7
Outperform
Maintained
13 May 2024
Citigroup
Itay Michaeli
1%downside
$2
Neutral
Maintained
9 May 2024
Cantor Fitzgerald
Andres Sheppard
97%upside
$4
Overweight
Upgraded
9 May 2024
RBC Capital
Chris Dendrinos
97%upside
$4
Outperform
Reiterated
5 Apr 2024

Financial journalist opinion

Based on 15 articles about EVGO published over the past 30 days