How Will EVgo Inc (NASDAQ: EVGO) Perform In Months To Come?

EVgo Inc (NASDAQ:EVGO) has a beta value of 2.32 and has seen 0.47 million shares traded in the recent trading session. The EVGO stock price is -200.33% off its 52-week high price of $9.07 and 45.36% above the 52-week low of $1.65.

The consensus among analysts is that EVgo Inc (EVGO) is Buy stock at the moment, with a recommendation rating of 1.58. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight.

EVgo Inc (NASDAQ:EVGO) trade information

Over the past 30 days, the shares of EVgo Inc (NASDAQ:EVGO) have changed -11.44%.

Wall Street analysts have a consensus price target for the stock at $8.25, which means that the shares’ value could jump 63.39% from the levels at last check today. The projected low price target is $8.0 while the price target rests at a high of $8.5. In that case, then, we find that the latest price level in today’s session is -181.46% off the targeted high while a plunge would see the stock gain -164.9% from the levels at last check today.

EVgo Inc (EVGO) estimates and forecasts

The company’s shares have lost -19.68% over the past 6 months. Earnings growth for 2025 is a modest 11.37% while over the next 5 years, the company’s earnings are expected to increase by 20.47%.

EVGO Dividends

EVgo Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

EVgo Inc (NASDAQ:EVGO)’s Major holders

The top two institutional holders are VANGUARD GROUP INC with over 10.07 million shares worth more than $24.67 million. As of 2024-06-30, VANGUARD GROUP INC held 9.6191% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 6.9 million shares as of 2024-06-30. The firm’s total holdings are worth over $16.91 million and represent 6.595% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Sep 30, 2024, the former fund manager holds about 3.22% shares in the company for having 3.46 shares of worth $10.53 million while later fund manager owns 2.82 shares of worth $8.58 million as of Nov 30, 2024, which makes it owner of about 2.62% of company’s outstanding stock.