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EVGO Stock Forecast: EVgo, Inc. Price Predictions for 2026

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$3.41

-0.06 (-1.73%)

EVGO Stock Forecast 2025-2026

$3.41
Current Price
$1.05B
Market Cap
10 Ratings
Buy 8
Hold 2
Sell 0
Wall St Analyst Ratings

Distance to EVGO Price Targets

+251.9%
To High Target of $12.00
+76.0%
To Median Target of $6.00
+17.3%
To Low Target of $4.00

EVGO Price Momentum

+5.2%
1 Week Change
-0.3%
1 Month Change
-46.5%
1 Year Change
-15.8%
Year-to-Date Change
-52.3%
From 52W High of $7.15
+55.4%
From 52W Low of $2.20
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Latest EVGO Stock Price Targets & Analyst Predictions

Based on our analysis of 16 Wall Street analysts, EVGO has a bullish consensus with a median price target of $6.00 (ranging from $4.00 to $12.00). The overall analyst rating is Strong Buy (8.8/10). Currently trading at $3.41, the median forecast implies a 76.0% upside. This outlook is supported by 8 Buy, 2 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Maheep Mandloi at Credit Suisse, projecting a 251.9% upside. Conversely, the most conservative target is provided by Andrew Percoco at Morgan Stanley, suggesting a 17.3% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

EVGO Analyst Ratings

8
Buy
2
Hold
0
Sell

EVGO Price Target Range

Low
$4.00
Average
$6.00
High
$12.00
Current: $3.41

Latest EVGO Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for EVGO.

Date Firm Analyst Rating Change Price Target
Nov 25, 2025 Stifel Stephen Gengaro Buy Maintains $7.50
Nov 11, 2025 UBS Jon Windham Buy Maintains $5.90
Oct 14, 2025 Needham Chris Pierce Hold Reiterates $N/A
Aug 20, 2025 UBS Jon Windham Buy Maintains $5.40
Aug 6, 2025 Morgan Stanley Andrew Percoco Equal-Weight Maintains $4.50
Jun 3, 2025 Morgan Stanley Andrew Percoco Equal-Weight Initiates $4.00
Mar 31, 2025 Evercore ISI Group James West Outperform Maintains $4.00
Mar 12, 2025 JP Morgan Bill Peterson Overweight Maintains $5.00
Mar 6, 2025 Stifel Stephen Gengaro Buy Maintains $8.00
Mar 5, 2025 Cantor Fitzgerald Andres Sheppard Overweight Reiterates $8.00
Mar 5, 2025 Needham Chris Pierce Hold Reiterates $N/A
Feb 19, 2025 JP Morgan Bill Peterson Overweight Maintains $6.00
Jan 27, 2025 UBS William Grippin Buy Maintains $5.00
Jan 16, 2025 Needham Chris Pierce Hold Reiterates $N/A
Dec 20, 2024 JP Morgan Overweight Maintains $N/A
Nov 13, 2024 Needham Chris Pierce Hold Reiterates $N/A
Oct 30, 2024 Stifel Stephen Gengaro Buy Maintains $10.00
Oct 10, 2024 UBS William Grippin Buy Upgrade $8.50
Oct 9, 2024 RBC Capital Chris Dendrinos Outperform Maintains $8.00
Oct 4, 2024 TD Cowen Gabe Daoud Buy Upgrade $7.00

EVgo, Inc. (EVGO) Competitors

The following stocks are similar to EVgo based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

EVgo, Inc. (EVGO) Financial Data

EVgo, Inc. has a market capitalization of $1.05B with a P/E ratio of -8.3x. The company generates $333.13M in trailing twelve-month revenue with a -14.8% profit margin.

Revenue growth is +36.7% quarter-over-quarter, while maintaining an operating margin of -33.9% and return on equity of -28.1%.

Valuation Metrics

Market Cap $1.05B
Enterprise Value $1.37B
P/E Ratio -8.3x
PEG Ratio 0.5x
Price/Sales 3.2x

Growth & Margins

Revenue Growth (YoY) +36.7%
Gross Margin +13.6%
Operating Margin -33.9%
Net Margin -14.8%
EPS Growth +36.7%

Financial Health

Cash/Price Ratio +39.3%
Current Ratio 2.1x
Debt/Equity 67.3x
ROE -28.1%
ROA -9.0%
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EVgo, Inc. logo

EVgo, Inc. (EVGO) Business Model

About EVgo, Inc.

What They Do

Provider of electric vehicle charging services.

Business Model

Evgo Inc. generates revenue by building, owning, and operating a network of fast charging stations for electric vehicles across the United States. The company's business model relies on strategic partnerships with automakers, fleet operators, and site hosts to enhance accessibility and convenience for EV drivers, thereby supporting the growing demand for electric vehicle infrastructure.

Additional Information

As one of the largest public fast-charging networks, Evgo is pivotal in promoting the adoption of electric vehicles and reducing carbon emissions. Its operations contribute to a more sustainable environment by facilitating eco-friendly transportation solutions.

Company Information

Sector

Consumer Cyclical

Industry

Specialty Retail

Employees

329

CEO

Mr. Badar Khan

Country

United States

IPO Year

2021

EVgo, Inc. (EVGO) Latest News & Analysis

Latest News

EVGO stock latest news image
Quick Summary

EVgo Inc. (NASDAQ: EVGO) has surpassed 5 million Autocharge+ sessions and achieved a sixfold growth in enrollment since 2023, now with over 300,000 customers.

Why It Matters

EVgo's rapid growth in Autocharge+ sessions and customer enrollment signals strong demand for EV charging infrastructure, potentially boosting future revenue and market position.

Source: GlobeNewsWire
Market Sentiment: Neutral
EVGO stock latest news image
Quick Summary

Uber (NYSE: UBER) is introducing all-electric robotaxis in a 9-square-mile area of Dallas, available to UberX, Comfort, and Comfort Electric riders at no additional cost.

Why It Matters

Uber's launch of all-electric robotaxis in Dallas signals a shift towards sustainable transport, potentially enhancing market share and attracting eco-conscious consumers, influencing stock performance.

Source: Green Stock News
Market Sentiment: Positive
EVGO stock latest news image
Quick Summary

EVgo (EVGO) is currently in oversold territory, suggesting potential for a trend reversal, supported by Wall Street analysts revising earnings estimates higher.

Why It Matters

EVgo's oversold status suggests potential for price recovery, while positive earnings revisions from analysts signal growing confidence, making it an attractive opportunity for investors.

Source: Zacks Investment Research
Market Sentiment: Negative
EVGO stock latest news image
Quick Summary

EVgo (EVGO) has been upgraded to a Zacks Rank #2 (Buy), indicating increasing optimism about its earnings prospects.

Why It Matters

EVgo's upgrade to a Zacks Rank #2 indicates increased confidence in its earnings potential, likely leading to heightened investor interest and potential stock price appreciation.

Source: Zacks Investment Research
Market Sentiment: Positive
EVGO stock latest news image
Quick Summary

EVgo (NASDAQ: EVGO) reported a 37% year-over-year revenue increase in Q3 2025, indicating strong demand growth in the electric vehicle charging market.

Why It Matters

EVgo's 37% YOY revenue growth signals rising demand for EV charging, indicating potential profitability and market expansion, crucial for investor confidence in the EV sector.

Source: MarketBeat
Market Sentiment: Positive
EVGO stock latest news image
Quick Summary

EVgo Inc. (NASDAQ: EVGO) shares declined after the company reported its fiscal Q3 2025 results on November 10.

Why It Matters

EVgo's share decline following its quarterly results may indicate weak performance or outlook, affecting investor sentiment and potential future valuations.

Source: Benzinga
Market Sentiment: Neutral

Frequently Asked Questions About EVGO Stock

What is EVgo, Inc.'s (EVGO) stock forecast for 2026?

Based on our analysis of 16 Wall Street analysts, EVgo, Inc. (EVGO) has a median price target of $6.00. The highest price target is $12.00 and the lowest is $4.00.

Is EVGO stock a good investment in 2026?

According to current analyst ratings, EVGO has 8 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $3.41. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for EVGO stock?

Wall Street analysts predict EVGO stock could reach $6.00 in the next 12 months. This represents a 76.0% increase from the current price of $3.41. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is EVgo, Inc.'s business model?

Evgo Inc. generates revenue by building, owning, and operating a network of fast charging stations for electric vehicles across the United States. The company's business model relies on strategic partnerships with automakers, fleet operators, and site hosts to enhance accessibility and convenience for EV drivers, thereby supporting the growing demand for electric vehicle infrastructure.

What is the highest forecasted price for EVGO EVgo, Inc.?

The highest price target for EVGO is $12.00 from Maheep Mandloi at Credit Suisse, which represents a 251.9% increase from the current price of $3.41.

What is the lowest forecasted price for EVGO EVgo, Inc.?

The lowest price target for EVGO is $4.00 from Andrew Percoco at Morgan Stanley, which represents a 17.3% increase from the current price of $3.41.

What is the overall EVGO consensus from analysts for EVgo, Inc.?

The overall analyst consensus for EVGO is bullish. Out of 16 Wall Street analysts, 8 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $6.00.

How accurate are EVGO stock price projections?

Stock price projections, including those for EVgo, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: December 7, 2025 3:57 PM UTC
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