Money is shifting inside the small group of U.S.-listed electric vehicle charging stocks, with the recent laggards climbing and the recent leader falling. EVgo (NASDAQ:EVGO) stock is up 10% to $1.39 in afternoon trading, leading the charging names higher.
EVgo NASDAQ: EVGO Chief Executive Officer Badar Khan outlined the fast-charging operator's network expansion, Tesla partnership and long-term profitability targets during the Lytham Partners Fall 2026 Investor Conference.
EVgo saw Q2 2026 revenue decline 16% YoY, driven by a scaling-down eXtend segment, yet remains among America's fastest-growing companies. EVGO's management is exploring new revenue streams, including leveraging battery infrastructure and potential non-organic growth via distressed asset acquisitions, though current financial constraints limit M&A flexibility. Revised FY2026 revenue guidance was cut to $400–430 million and, combined with other announcements, prompted a 3.4% DCF target price reduction to $22.48 and a temporary rating downgrade amid negative sentiment.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 236 | $839.57 | $257.24 | -$582.33 | -69.36% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 10,555 | $21,532.2 | $11,504.95 | -$10,027.25 | -46.57% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 125 | $447.5 | $136.25 | -$311.25 | -69.55% |
| NA Nizar Araji National Bank Of Canada /FI/ | 1,027 | $2,095.08 | $1,139.97 | -$955.11 | -45.59% |
George Soros Soros Fund Management LLC | 5.35M | $16.19M | $5.86M | -$10.33M | -63.79% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JW James West Evercore ISI Group | 91,432.98 | $136,235.15 | $99,085.93 | -$37,149.22 | -27.27% |
| 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.