In the last trading session, 4.81 million shares of the EVgo Inc (NASDAQ:EVGO) were traded, and its beta was 2.34. Most recently the company’s share price was $3.31, and it changed around -$0.23 or -6.50% from the last close, which brings the market valuation of the company to $1.02B. EVGO currently trades at a discount to its 52-week high of $9.07, offering almost -174.02% off that amount. The share price’s 52-week low was $2.19, which indicates that the current value has risen by an impressive 33.84% since then. We note from EVgo Inc’s average daily trading volume that its 10-day average is 4.63 million shares, with the 3-month average coming to 4.65 million.
EVgo Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.55. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 2 recommended EVGO as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
EVgo Inc (NASDAQ:EVGO) trade information
Instantly EVGO has showed a red trend with a performance of -6.50% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.80 on recent trading dayincreased the stock’s daily price by 12.89%. The company’s shares are currently up 40.85% year-to-date, but still down -11.02% over the last five days. On the other hand, EVgo Inc (NASDAQ:EVGO) is -14.91% down in the 30-day period. We can see from the shorts that 26.05 million shares have been sold at a short interest cover period of 5.56 day(s).
The consensus price target as assigned by Wall Street analysts is $5.5, which translates to bulls needing to increase their stock price by 39.82% from its current value. Analyst projections state that EVGO is forecast to be at a low of $4 and a high of $8.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -85.31%. EVgo Inc earnings are expected to increase by 21.14% in 2025, but the outlook is positive 11.77% per year for the next five years.
EVGO Dividends
EVgo Inc’s next quarterly earnings report is expected to be released on 2025-May-06.
EVgo Inc (NASDAQ:EVGO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.19% of EVgo Inc shares, and 68.39% of them are in the hands of institutional investors. The stock currently has a share float of 72.13%. EVgo Inc stock is held by 286.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.5364% of the shares, which is about 10.07 million shares worth $24.67 million.
BLACKROCK INC., with 6.5383% or 6.9 million shares worth $16.91 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 3.89 shares worth $12.87 million, making up 2.90% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 3.15 shares worth around $10.44 million, which represents about 2.35% of the total shares outstanding.
