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.
EVgo (EVGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EVgo stands out by focusing on DCFC charging, decoupling revenue growth from EV sales, and achieving notable gross margin improvement. Despite gross margin gains, EVGO faces persistent operational losses, heavy CapEx, and ongoing share dilution risks, with negative free cash flow expected until 2031, according to my DCF model. My proprietary DCF model yields a $23.27 price target, implying a 24% CAGR, supported by DOE loan-driven network expansion and long-term industry tailwinds.
EVgo, Inc. delivered 49% y/y revenue growth in FY25, with strong gains in ancillary and charging segments, and notable margin improvements. EVGO achieved positive adjusted EBITDA ($25m in Q4), improved gross margins (46%), and maintains a solid cash position ($151m) versus $204m in long-term debt. 2026 revenue guidance ($410m–$470m) falls short of consensus, with management framing the year as a 'transition' and expecting acceleration in the second half.
EVGO's Q4 loss narrows while revenues jump 75% Y/Y, lifted by an ancillary contract payment and strong charging network growth.
EVgo, Inc. (EVGO) Q4 2025 Earnings Call Transcript
Although the revenue and EPS for EVgo (EVGO) give a sense of how its business performed in the quarter ended December 2025, 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 $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to a loss of $0.11 per share a year ago.
EVgo (EVGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EVgo (EVGO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).