EVgo, Inc. (NASDAQ:EVGO) is one of the 13 Best American Penny Stocks to Invest In. On February 16, JPMorgan reiterated its Buy rating on EVgo, Inc. (NASDAQ:EVGO) with a price target of $6 on the stock. In other news, on January 13, EVgo, Inc. (NASDAQ:EVGO) shared its plans to build at least 150 fast charging stalls each year through 2035 at Kroger Family of Stores locations across the United States. JPMorgan Reiterates Buy Rating on EVGO This move expands a partnership with The Kroger Co. (NYSE:KR) that ...

On February 2, Francis Gannon, co-CIO of Royce Investment Partners, joined CNBC’s “Power Lunch” to talk about the long-awaited upswing in small-cap stocks. He noted that small caps have outperformed large-cap stocks since the market hit its lows in April 2025.During the discussion, it was noted that sectors such as Industrials, Information Technology, and Financials still offer many attractive small-cap opportunities.Gannon said that small-cap companies have a strong earnings outlook in 2026. He believes th ...

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000 ...

Group 1: Expansion Plans - EVgo plans to install at least 150 fast charging stalls annually at Kroger Family of Stores locations across the U.S. by 2035, building on a partnership initiated in 2022 [1] - The company aims to expand its NACS connector network, targeting over 500 connectors by the end of 2026 after a successful pilot in 2025 that installed approximately 100 connectors in 22 major metropolitan areas [2] Group 2: Financial Performance - EVgo reported $92.3 million in overall revenue for the latest quarter, reflecting a 37% increase year-over-year [3] - Charging network revenue reached $55.8 million, marking a 33% year-over-year growth, with network throughput hitting 95 GWh and a total of 4,590 stalls [3] - The company's cash balance stood at $201 million [3] Group 3: Service Offerings - EVgo provides electric vehicle charging station services, including the EVgo network, Freedom Station plans, and home and workplace charging options [4]

Core Viewpoint - EVgo Inc. is set to release its fourth quarter and full year 2025 financial results on March 3, 2026, followed by a management-hosted webcast [1]. Group 1: Financial Results Announcement - The financial results will be released on Tuesday, March 3, 2026, at 8 a.m. ET (5 a.m. PT) [2]. - A press release with the financial results and a presentation will be available on EVgo's Investor Relations website prior to the webcast [2]. Group 2: Company Overview - EVgo is one of the largest public fast charging providers in the U.S., operating over 1,200 fast charging stations across 47 states [3]. - The company partners with various businesses, including retailers, grocery stores, and rideshare operators, to enhance the accessibility of its charging infrastructure [3]. - EVgo conducts interoperability testing at its Innovation Lab and collaborates with leading automakers to improve the EV charging experience [3].

Core Insights - EVgo is a company operating in the Electric Vehicle (EV) and charging sector, which has been under observation for nearly two years, during which the stock has experienced an increase [1] Company Overview - EVgo specializes in the electric vehicle charging infrastructure, indicating a focus on the growing demand for EVs and related services [1]

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are highlighted, indicating a looming crisis in power supply as AI continues to grow [2][3] Investment Opportunity - A specific company is noted as a potential investment opportunity, possessing critical energy infrastructure assets that are essential for supporting the increasing energy needs of AI data centers [3][7] - This company is described as a "toll booth" operator in the AI energy boom, benefiting from the surge in demand for electricity driven by AI advancements [4][5] Market Position - The company is positioned at the forefront of America's energy strategy, owning significant nuclear energy infrastructure and being capable of executing large-scale projects across various energy sectors [7][8] - It is noted that this company is debt-free and has substantial cash reserves, equating to nearly one-third of its market capitalization, which provides a strong financial foundation [8][10] Competitive Advantage - The company also holds a significant equity stake in another AI-related venture, offering investors indirect exposure to multiple growth opportunities in the AI sector without the associated high premiums [9][10] - The stock is described as undervalued, trading at less than seven times earnings, which presents a compelling investment case given its ties to both AI and energy sectors [10][11] Industry Trends - The article discusses the broader trends of onshoring and tariffs under the Trump administration, which are expected to drive growth in U.S. LNG exports and further enhance the company's market position [6][14] - The influx of talent into the AI sector is noted, ensuring continuous innovation and advancements, which further solidifies the importance of investing in AI-related companies [12]

Core Insights - EVgo plans to roll out NACS connectors to meet consumer demand, aiming to install over 500 connectors by the end of 2026 after a successful pilot in 2025 [1][11]. Group 1: Deployment Plans - The company installed nearly 100 NACS connectors across 22 major metropolitan areas during its 2025 pilot [10]. - EVgo intends to deploy additional NACS stalls in key markets such as Austin, Houston, Las Vegas, Orlando, Phoenix, Chicago, Dallas, Detroit, and San Francisco [2]. - By the end of 2026, EVgo plans to offer NACS charging in more than 25 states [2]. Group 2: Market Demand and Compatibility - More than 80% of new EVs sold in North America are expected to be NACS compatible by 2030, indicating a growing market for NACS connectors [2]. - Most sites will feature two to four NACS connectors, with the flexibility to expand as demand grows [3]. - EVgo has seen an increase in NACS throughput on its network, with over 35 NACS models expected on American roads by the end of the year [4]. Group 3: Customer Experience - Eligible NACS vehicle drivers, including Tesla owners, can enroll in Autocharge+ through the EVgo app for automatic charging sessions without needing an adapter [4]. - The Autocharge+ feature has enabled over 5 million sessions on the EVgo network since its launch in 2022 [4]. - EVgo has launched liquid-cooled NACS cables backed by rigorous testing to enhance customer experience [5]. Group 4: Company Overview - EVgo is one of the nation's leading public fast charging providers, with over 1,100 fast charging stations across 47 states [7]. - The company partners with various businesses, including retailers and gas stations, to strategically deploy charging infrastructure [7]. - EVgo conducts extensive interoperability testing at its Innovation Lab to advance the EV charging industry [7].

Summary of Key Points from the Conference Call Industry Overview - **Sector**: Global Alternative Energy - **Outlook**: Improved investor sentiment driven by increased policy certainty in the US and global electricity load growth [2][7] Core Insights - **Load Growth**: - Load growth has been stagnant at approximately 0.5% annually over the past decade, but estimates have recently risen to around 2% or higher for the next five years due to AI-driven data center demand and broader electrification trends [5][6] - This growth is expected to exert upward pressure on power pricing, benefiting baseload power sources such as gas turbines, nuclear, and renewables paired with battery energy storage systems (BESS) [5][6] - **Policy Environment**: - Increased clarity in US renewable energy policy through the passage of significant legislation, though risks remain, including potential investigations and tariff decisions that could impact solar costs [5][6] - The Department of Commerce's investigations and permitting issues for solar and wind projects on federal land present uncertainties [6] Investment Preferences - **Top Picks in Clean Energy**: - **US**: GE Vernova (GEV), Brookfield Renewable (BEP/BEPC), NextPower (NXT), and EVgo (EVGO) [2][12][19] - **Europe**: Siemens Energy (ENR), Vestas (VWS), and Prysmian (PRY) [2][15][17] - **Asia**: Orient Cables (603606 CH), Daqo (DQ), GCL Tech (3800 HK), Arctech (688408 CH), and Sungrow (300274 CH) [2] Market Dynamics - **Solar Market**: - Preference for utility-scale solar over residential due to better positioning regarding policy and economic factors [7] - In China, polysilicon prices have recovered by approximately 50% due to policy interventions, with Daqo and GCL Tech highlighted as strong picks [20] - **Wind Market**: - BNEF forecasts significant growth in global wind installations, with a projected 16% growth in 2026 [17] - Vestas is expected to outperform the European Capital Goods sector due to stable input prices and lower interest rates [17] - **Energy Storage**: - Global energy storage demand exceeded expectations in 2025, with a forecasted 57% increase in battery shipments for 2025 [7] - The forecast for 2026 global ESS installations has been raised by approximately 30% [7] - **Electric Vehicle Charging**: - Sentiment around EV charging remains cautious, with anticipated declines in US EV sales [7] - EVgo is preferred due to its growing customer base and network throughput potential [19] Additional Insights - **Nuclear Fuel Cycle**: - Global nuclear generation is expected to reach record highs, increasing demand for enriched uranium [8] - Centrus Energy (LEU) is noted as a key player, though it faces execution risks [8] - **US Clean Energy Outlook**: - BNEF anticipates a decline in US clean energy build from 2026 to 2028 before returning to modest growth through 2035 [62] - The market is expected to consolidate as larger projects become more complex, favoring tier-1 developers [63] - **Residential Solar Market**: - A projected decline of 15-20% in US residential solar installations in 2026 due to the expiration of certain tax credits [64] - RUN is highlighted as a preferred pick in the residential space due to its visibility in solar lease/PPA qualifications [65] Conclusion - The global alternative energy sector is poised for growth driven by load demand and supportive policies, though challenges remain in the form of regulatory uncertainties and market dynamics. Key investment opportunities exist in diversified companies with strong balance sheets and exposure to emerging technologies.

Core Viewpoint - EVgo stock has experienced a significant decline, dropping 40% from its peak in October of the previous year, indicating a major reversal in its market performance [1] Company Summary - The current trading price of EVgo is $3.05, reflecting a substantial decrease in value [1] - The market capitalization of EVgo has decreased from $1.55 billion to $942 million, highlighting a loss of investor confidence [1]