EVgo Inc (NASDAQ:EVGO) has a beta value of 2.35 and has seen 3.6 million shares traded in the last trading session. The company, currently valued at $1.06B, closed the last trade at $3.45 per share which meant it lost -$0.06 on the day or -1.71% during that session. The EVGO stock price is -162.9% off its 52-week high price of $9.07 and 36.52% above the 52-week low of $2.19. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.39 million shares traded. The 3-month trading volume is 4.56 million shares.
The consensus among analysts is that EVgo Inc (EVGO) is Buy stock at the moment, with a recommendation rating of 1.55. 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. The expected earnings per share for the stock is -0.09.
EVgo Inc (NASDAQ:EVGO) trade information
Over the past 30 days, the shares of EVgo Inc (NASDAQ:EVGO) have changed -20.87%. Short interest in the company has seen 26.05 million shares shorted with days to cover at 5.56.
Wall Street analysts have a consensus price target for the stock at $5.5, which means that the shares’ value could jump 37.27% from current levels. The projected low price target is $4.0 while the price target rests at a high of $8.0. In that case, then, we find that the current price level is -131.88% off the targeted high while a plunge would see the stock gain -15.94% from current levels.
EVgo Inc (EVGO) estimates and forecasts
The company’s shares have lost -15.02% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 38.04%.
9 analysts offering their estimates for the company have set an average revenue estimate of 85.53M for the current quarter. 9 have an estimated revenue figure of 93.16M for the next ending quarter. Year-ago sales stood 66.62M and 67.53M respectively for this quarter and the next, and analysts expect sales will grow by 28.39% for the current quarter and 38.04% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -85.31% over the past 5 years. Earnings growth for 2025 is a modest 21.14% while over the next 5 years, the company’s earnings are expected to increase by 11.77%.
EVGO Dividends
EVgo Inc is expected to release its next earnings report on 2025-May-06 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
Insiders own 5.19% of the company shares, while shares held by institutions stand at 68.39% with a share float percentage of 72.13%. Investors are also buoyed by the number of investors in a company, with EVgo Inc having a total of 286.0 institutions that hold shares in the company. 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 9.5364% 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 6.5383% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . As of Mar 31, 2025 , the former fund manager holds about 2.90% shares in the company for having 3.89 shares of worth $13.41 million while later fund manager owns 3.15 shares of worth $10.88 million as of May 31, 2025 , which makes it owner of about 2.35% of company’s outstanding stock.