In the last trading session, 3.09 million EVgo Inc (NASDAQ:EVGO) shares changed hands as the company’s beta touched 2.40. With the company’s per share price at $3.72 changed hands at -$0.13 or -3.38% during last session, the market valuation stood at $1.14B. EVGO’s last price was a discount, traded about -143.82% off its 52-week high of $9.07. The share price had its 52-week low at $1.92, which suggests the last value was 48.39% up since then.
Analysts gave the EVgo Inc (EVGO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.42. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended EVGO as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
EVgo Inc (NASDAQ:EVGO) trade information
Instantly EVGO was in red as seen at the end of in last trading. With action -0.53%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -8.15%, with the 5-day performance at -0.53% in the red. However, in the 30-day time frame, EVgo Inc (NASDAQ:EVGO) is 47.04% up.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 46.86% from its current market value. According to analyst projections, EVGO’s forecast low is 4 with 8 as the target high. To hit the forecast high, the stock’s price needs a -115.05% plunge from its current level, while the stock would need to soar -7.53% for it to hit the projected low.
EVgo Inc (EVGO) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -85.31%. The 2025 estimates are for EVgo Inc earnings to increase by 19.20%, but the outlook for the next 5-year period is at 30.49% per year.
EVgo Inc (NASDAQ:EVGO)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.5383% or 6.9 million shares worth $16.91 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 3.89 shares estimated at $14.46 million under it, the former controlled 2.90% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.42% of the shares, roughly 3.24 shares worth around $12.06 million.
