Analyst Price Target is $4.63
▲ +17.39% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for EVgo in the last 3 months. The average price target is $4.63, with a high forecast of $7.00 and a low forecast of $2.00. The average price target represents a 17.39% upside from the last price of $3.94.
Current Consensus is
Moderate Buy
The current consensus among 9 polled investment analysts is to moderate buy stock in EVgo. This rating has held steady since October 2022, when it changed from a Hold consensus rating.
EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare such as data, research, and advertising services and equipment procurement and operational services. EVgo, Inc. was incorporated in 2010 and is headquartered in Los Angeles, California.EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.
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