The business model of EVgo Inc is centered around providing electric vehicle (EV) charging solutions. As a leading provider of EV charging infrastructure, EVgo aims to support the growing demand for clean energy transportation. The company partners with commercial businesses, property owners, and municipalities to install, operate, and maintain charging stations nationwide. EVgo offers a range of charging options and plans for EV drivers, including pay-as-you-go and membership programs. By offering fast, reliable, and accessible charging solutions, EVgo contributes to the widespread adoption of electric vehicles, promoting sustainability and reducing carbon emissions in the transportation sector.

EVgo Inc is primarily active in the electric vehicle charging infrastructure industry. As a leading provider of fast-charging solutions, EVgo operates an extensive network of charging stations across the United States. With a focus on supporting the growth of electric mobility, EVgo collaborates with various industries, including automotive manufacturers, ride-hailing companies, fleet operators, and utilities. By offering convenient and reliable charging options, EVgo aims to accelerate the adoption of electric vehicles and contribute to a more sustainable transportation ecosystem.

The main competitors of EVgo Inc in the market include ChargePoint, Electrify America, and Blink Charging.

EVgo Inc. is a leading provider of electric vehicle (EV) charging solutions in the United States. Founded in 2010, the company has played a vital role in building the nation's largest and most reliable public fast-charging network for EVs. EVgo Inc. partners with various organizations, businesses, and property owners to install and operate charging stations in convenient locations for EV owners. With a focus on sustainability and innovation, EVgo Inc. has successfully revolutionized the EV charging landscape, providing customers with convenient, reliable, and accessible charging infrastructure. As a committed player in the EV industry, EVgo Inc. continues to expand its network, supporting the growing EV market and driving the development of cleaner transportation alternatives.

Some significant milestones that EVgo Inc has achieved include expanding its charging network to become the largest public fast-charging network in the United States. The company has also formed partnerships with major automakers like General Motors and Nissan, strengthening its position in the electric vehicle industry. Evolving with market demands, EVgo has introduced innovative features such as the launch of its fast-charging station called "EVgo Fast," offering even quicker and more convenient charging options for electric vehicle owners. Additionally, EVgo Inc has demonstrated a commitment to sustainability by investing in renewable energy initiatives and offsetting carbon emissions generated by its charging stations.

EVgo Inc is primarily present in the United States.

EVgo Inc represents values and a corporate philosophy centered around sustainable transportation and clean energy solutions. As the leading provider of electric vehicle (EV) charging infrastructure in the United States, EVgo is committed to accelerating the adoption of EVs and reducing carbon emissions. The company aims to create a more sustainable future by providing reliable, affordable, and accessible fast charging solutions for EV drivers. With a focus on innovation, customer satisfaction, and environmental stewardship, EVgo strives to enable convenient and efficient charging experiences, supporting the growth and widespread adoption of electric transportation.

Analysts currently set an average price target of 6.68 USD for the EVgo stock (median: 6.12 USD), implying +297.3 % versus the latest price. The consensus is based on 16 analyst ratings.

EVgo Analyst Price Targets 2026

16 analysts currently rate the EVgo stock: 13 recommend buying, 3 holding and 0 selling. For 2026, analysts expect EVgo to generate revenue of 484.22 M USD and earnings per share of -0.86 USD.

EVgo Analyst Price Targets 2026

Converted at the current exchange rate, the EVgo share trades at 1.46 EUR (1.67 USD).

The EVgo share (EVGO) is listed on 1 stock exchanges, including: NASDAQ (EVGO).

EVgo Inc. is a leading company in the field of environmentally friendly charging options for electric vehicles. Its business model is designed to maximize customer satisfaction by offering high-quality charging stations at strategic locations to enable easy access for electric vehicle owners. With the use of advanced technology, a strong partner network, and a dedicated customer support team, EVgo has become a preferred destination for both individual customers and fleet owners. EVgo offers various products and services, including charging cards that allow customers to access the EVgo charging station network, as well as smart charging solutions for fleet operators who need an economical way to charge their vehicles across a large geographic area. For customers who prefer to charge at home, EVgo also offers a fast and reliable home charging station. EVgo operates in three business areas, namely network solutions, customer solutions, and fleet solutions. The network solutions business focuses on expanding the EVgo charging station network by adding new stations at strategic locations. Additionally, EVgo operates a network of high-power fast charging stations that make charging as easy and convenient as possible for customers. EVgo also offers customer solutions tailored to the individual needs and requirements of electric vehicle owners. The company has a team of customer support specialists who assist customers with questions or issues and provide them with important information about charging their vehicles. The team also offers special charging solutions for customers who frequently embark on long trips and are looking for a reliable charging option. For fleet owners, EVgo also provides intelligent charging solutions to maximize the cost-effectiveness of charging large vehicle fleets. These solutions increase the reliable availability of charging stations for fleet vehicles, supporting fleet operations in managing the growing number of electric vehicles. Overall, EVgo's business model is focused on a combination of technology, a strong partner network, and an effective customer support team. The combination of these factors helps EVgo provide an efficient and reliable network to enable easy access for electric vehicle owners. With the exploding demand for environmentally friendly transportation options and the need to increase the range of electric vehicles, EVgo is on track to become a preferred partner for electric vehicle owners and fleet operations.

The expected revenue of EVgo is 484.22 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of EVgo is -91.41 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of EVgo is currently -1.95. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the EVgo stock.

The price-to-sales ratio (P/S) of EVgo is currently 0.37. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the EVgo stock.

The Eulerpool Quality Score for EVgo is 3/10.

The ISIN of EVgo is US30052F1003. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of EVgo is EVGO. The ticker symbol is used to trade EVgo shares on the stock exchange.

EVgo paid dividends every year for the past 0 years.

EVgo is assigned to the 'Cyclical consumption' sector.

The dividends of EVgo are distributed in USD.