EVgo Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 31 out of 66 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 4.25.In the medium term, the stock price is expected to remain stable.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
EVgo Inc's Score
Industry at a Glance
Industry Ranking
31 / 66
Overall Ranking
213 / 4565
Industry
Electric Utilities & IPPs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative
EVgo Inc Highlights
StrengthsRisks
EVgo Inc. provides electric vehicle charging solutions. The Company owns and operates a public direct current fast charging network for electric vehicles in the United States. Its network of charging stations provides EV charging infrastructure to consumers and businesses. It partners with automotive original equipment manufacturers (OEMs), fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, gas stations, parking lot operators, governments and other organizations and property owners to locate and deploy its EV charging infrastructure. In addition to the provision of EV charging infrastructure, it is developing and deploying software-based, value-added services to drivers and partners.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 138.63% year-on-year.
Overvalued
The company’s latest PE is -5.46, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 95.70M shares, decreasing 15.11% quarter-over-quarter.
EVgo Inc. provides electric vehicle charging solutions. The Company owns and operates a public direct current fast charging network for electric vehicles in the United States. Its network of charging stations provides EV charging infrastructure to consumers and businesses. It partners with automotive original equipment manufacturers (OEMs), fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, gas stations, parking lot operators, governments and other organizations and property owners to locate and deploy its EV charging infrastructure. In addition to the provision of EV charging infrastructure, it is developing and deploying software-based, value-added services to drivers and partners.