EVgo Inc. remains a "Hold" as profitability hurdles and uncertain EV adoption cloud near-term prospects despite a 21% share price decline. Q2 revenue is expected to decline 16% year-over-year, with management guiding $80–$85 million and adjusted EBITDA still negative, reflecting ongoing operational challenges. Stall growth continues, but slow NACS connector rollout and capital-intensive expansion raise concerns about unit economics and long-term demand.
Although the revenue and EPS for EVgo (EVGO) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
EVgo Inc. (EVGO) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to a loss of $0.09 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 223 | $814.33 | $396.94 | -$417.39 | -51.26% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 125 | $447.5 | $218.75 | -$228.75 | -51.12% |
George Soros Soros Fund Management LLC | 6.04M | $18.55M | $10.65M | -$7.9M | -42.57% |
| BG Bart Gancher Intech Investment Management LLC | 35,241 | $113,604.69 | $61,671.75 | -$51,932.94 | -45.71% |
Joseph Castro Nuveen LLC | 287,431 | $762,796.44 | $505,878.56 | -$256,917.88 | -33.68% |
| Specialty Retail Industry | Consumer Discretionary Sector | Badar Khan CEO | NASDAQ (NGS) Exchange | 30052F100 CUSIP |
| US Country | 376 Employees | - Last Dividend | - Last Split | 20 Nov 2020 IPO Date |
EVgo, Inc. represents a pivotal force in the United States’ electric vehicle (EV) sector, owning and operating a premier network of direct current fast charging stations. Utilizing cutting-edge technology, EVgo facilitates the direct delivery of electricity to EV drivers, ensuring their vehicles are powered quickly and efficiently. Founded in 2010 and headquartered in Los Angeles, California, the company underscores the growing shift towards sustainable transportation. Operating as a subsidiary of LS Power Development, LLC, EVgo’s comprehensive service offerings and innovative solutions position it as a key player in the development of infrastructure necessary for the EV ecosystem's expansion.
EVgo’s comprehensive suite of products and services caters to a wide array of customer needs within the electric vehicle charging domain. Their offerings are designed not only to enhance the EV charging experience but also to support the infrastructure development for a sustainable electric mobility future.