EVGO Stock Analysis: Evgo | NASDAQ
Specialty Retail | NASDAQ, USA | Market Cap: 571m USD | 12M Return: -47.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.71M
Qual. Beats: 0
Rev. Trend: 99.2%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
EVgo, Inc. owns and operates one of the largest public direct current (DC) fast charging networks for electric vehicles in the United States. The company generates revenue from three primary streams: selling electricity directly to EV drivers, providing charging hardware and related services to automakers (OEMs), and operating commercial charging solutions for businesses and fleet operators.
In addition to core charging services, EVgo offers ancillary revenue lines including digital application customization, charging data integration, pay-gate charger access, microtargeted advertising, and reservation tools. Its eXtend business provides end-to-end hardware design, site construction, operations, maintenance, and software/networking integration for charging site owners. EVgo also owns PlugShare, a platform that monetizes driver data, research, advertising, and equipment procurement services.
The company was founded in 2010 and is headquartered in El Segundo, California. It operates as a subsidiary of EVgo Holdings LLC and trades on NASDAQ under the ticker EVGO. As a pure-play in U.S. public EV fast charging infrastructure, EVgo competes primarily against networks such as Tesla Superchargers, Electrify America, and ChargePoint, with its growth tied to broader EV adoption rates and the build-out of federal and state-funded charging corridors.
- Federal NEVI funding accelerates nationwide fast-charging network buildout
- OEM partnerships with GM and Toyota expand co-branded station deployments
- Capital raises persist amid high cash burn and shareholder dilution risk
| Net Income: -46.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.18 > 0.02 and ΔFCF/TA -7.45 > 1.0 |
| NWC/Revenue: 29.54% < 20% (prev 50.69%; Δ -21.15% < -1%) |
| CFO/TA -0.04 > 3% & CFO -32.9m > Net Income -46.6m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (134.6m) vs 12m ago 2.12% < -2% |
| Gross Margin: 19.39% > 18% (prev 11.50%; Δ 7.89% > 0.5%) |
| Asset Turnover: 47.10% > 50% (prev 32.36%; Δ 14.75% > 0%) |
| Interest Coverage Ratio: -11.96 > 6 (EBIT TTM -102.8m / Interest Expense TTM 8.60m) |
| A: 0.13 (Total Current Assets 239.2m - Total Current Liabilities 115.7m) / Total Assets 920.3m |
| B: 0.03 (Retained Earnings 27.3m / Total Assets 920.3m) |
| C: -0.12 (EBIT TTM -102.8m / Avg Total Assets 888.2m) |
| D: 0.07 (Book Value of Equity 38.7m / Total Liabilities 567.7m) |
| Altman-Z'' = 0.27 = B |
| DSRI: 0.56 (Receivables 53.0m/62.1m, Revenue 418.3m/277.0m) |
| GMI: 0.59 (GM 11.50% / 19.39%) |
| AQI: 1.12 (AQ_t 0.13 / AQ_t-1 0.12) |
| SGI: 1.51 (Revenue 418.3m / 277.0m) |
| TATA: -0.01 (NI -46.6m - CFO -32.9m) / TA 920.3m) |
| Beneish M = -3.32 (Cap -4..+1) = AA |
As of July 11, 2026, the stock is trading at USD 1.81 with a total of 2,237,415 shares traded. Over the past week, the price has changed by -3.21%, over one month by -4.23%, over three months by -6.70% and over the past year by -47.69%.
Current recommended Stop Loss: 1.60 (which is 11.6% or 1.7 ATR below the current price).
Evgo has received a consensus analysts rating of 4.55. Therefore, it is recommended to buy EVGO.
- StrongBuy: 7
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 4.3 | 134.8% |
P/S = 1.3655
P/B = 6.8103
Revenue TTM = 418.3m USD
EBIT TTM = -102.8m USD
EBITDA TTM = -32.2m USD
Long Term Debt = 208.7m USD (from longTermDebt, last quarter)
Short Term Debt = 10.8m USD (from shortTermDebt, last quarter)
Debt = 433.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 111.0m
Net Debt = 311.0m USD (calculated: Debt 433.4m - CCE 122.4m)
Enterprise Value = 882.2m USD (571.2m + Debt 433.4m - CCE 122.4m)
Interest Coverage Ratio = -11.96 (Ebit TTM -102.8m / Interest Expense TTM 8.60m)
EV/FCF = -5.34x (Enterprise Value 882.2m / FCF TTM -165.1m)
FCF Yield = -18.72% (FCF TTM -165.1m / Enterprise Value 882.2m)
FCF Margin = -39.48% (FCF TTM -165.1m / Revenue TTM 418.3m)
Net Margin = -11.15% (Net Income TTM -46.6m / Revenue TTM 418.3m)
Gross Margin = 19.39% ((Revenue TTM 418.3m - Cost of Revenue TTM 337.2m) / Revenue TTM)
Gross Margin QoQ = 8.82% (prev 37.97%)
Tobins Q-Ratio = 0.96 (Enterprise Value 882.2m / Total Assets 920.3m)
Interest Expense / Debt = 1.98% (Interest Expense 8.60m / Debt 433.4m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -81.2m (EBIT -102.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.07 (Total Current Assets 239.2m / Total Current Liabilities 115.7m)
Debt / Equity = 11.19 (Debt 433.4m / totalStockholderEquity, last quarter 38.7m)
Debt / EBITDA = -9.66 (negative EBITDA) (Net Debt 311.0m / EBITDA -32.2m)
Debt / FCF = -1.88 (negative FCF - burning cash) (Net Debt 311.0m / FCF TTM -165.1m)
Total Stockholder Equity = -184.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.25% (Net Income -46.6m / Total Assets 920.3m)
RoE = 25.33% (negative equity) (Net Income TTM -46.6m / Total Stockholder Equity -184.1m)
RoCE = -418.3% (out of range, set to none) (EBIT -102.8m / Capital Employed (Equity -184.1m + L.T.Debt 208.7m))
RoIC = -10.22% (negative operating profit) (NOPAT -81.2m / Invested Capital 794.6m)
WACC = 8.33% (E(571.2m)/V(1.00b) * Re(13.47%) + D(433.4m)/V(1.00b) * Rd(1.98%) * (1-Tc(0.21)))
Discount Rate = 13.47% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 97.75 | Cagr: 12.69%
[DCF] Fair Price = unknown (Cash Flow -165.1m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.61 | # QB: 0
Revenue Correlation: 99.17 | Revenue CAGR: 56.37% | SUE: 3.29 | # QB: 2
EPS current Quarter (2026-06-30): EPS=-0.18 | Chg30d=-38.46% | Revisions=-25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=-0.13 | Chg30d=+3.70% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=-0.49 | Chg30d=-2.08% | Revisions=+0% | GrowthEPS=-1465.5% | GrowthRev=+12.3%
EPS next Year (2027-12-31): EPS=-0.33 | Chg30d=+4.35% | Revisions=+0% | GrowthEPS=+32.6% | GrowthRev=+28.9%
[Analyst] Revisions Ratio: -12% (up=2, down=3)