EVgo (EVGO)

• Market cap: $576M
• 1 day: -1.61%
• 5 days: 6.19%
• 1 month: 17.86%
• 3 months: 81.01%
• 6 months: -29.56%
• Year to date: 2.39%
• 1 year: 109.27%
• 5 years: -56.27%
• 10 years: -56.27%
• Sector: Consumer Discretionary
• Industry: Specialty Retail

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 to locate and deploy its EV charging infrastructure.

Employees: 331

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

38% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 50

3.06% less ownership

Funds ownership: 71.09% [Q4 2024] → 68.03% (-3.06%) [Q1 2025]

5% less funds holding

Funds holding: 223 [Q4 2024] → 212 (-11) [Q1 2025]

15% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 54

37% less capital invested

Capital invested by funds: $385M [Q4 2024] → $242M (-$143M) [Q1 2025]

46% less call options, than puts

Call options by funds: $2.65M | Put options by funds: $4.88M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 7% downside
• Avg. target: $4 7% downside
• High target: $4 7% downside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Morgan Stanley Andrew Percoco	7% downside $4	Equal-Weight Initiated	3 Jun 2025
Evercore ISI Group James West	7% downside $4	Outperform Maintained	31 Mar 2025