Workflow
EVgo (EVGO)
icon
Search documents
EVgo Accelerates Network Expansion with Domestically Made Prefabricated Charging Skids
Globenewswire· 2025-12-16 13:00
Core Insights - EVgo has successfully deployed over 40% of its charging stations in 2025, surpassing its year-end goal, primarily due to a high rate of new station commissionings in the fourth quarter [1] - The partnership with Miller Electric has resulted in a 15% reduction in station installation costs and accelerated installation timelines [1][3] Group 1: Company Performance - EVgo's prefabricated modular skids have enabled the company to fast-track infrastructure deployment, meeting the growing demand for EV charging [3] - The prefabrication model allows for consistent, high-quality installations while reducing costs and timelines, supporting domestic manufacturing and job creation [3][4] Group 2: Partnership Impact - The collaboration with Miller Electric has led to local job creation, with Miller Electric employing over 1,400 people in the Jacksonville area [2] - Prefabricated stations can charge up to 14 vehicles simultaneously and feature high-power 350kW fast chargers, enhancing the customer experience [5] Group 3: Market Expansion - EVgo's prefabricated stations are operational in multiple states, including California, Florida, Georgia, Illinois, Nebraska, New York, and Texas, with further developments in North Carolina and Utah [5] - The company operates more than 1,100 fast charging stations across 47 states, strategically partnering with various businesses to enhance accessibility [6]
EVgo taps Keefer Lehner as chief financial officer; reiterates outlook (EVGO:NASDAQ)
Seeking Alpha· 2025-12-11 12:31
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
EVgo Announces Chief Financial Officer Transition
Globenewswire· 2025-12-11 12:00
Core Viewpoint - EVgo has appointed Keefer Lehner as Chief Financial Officer effective January 12, 2026, to support its growth in the electric vehicle charging sector and has reiterated its financial guidance for 2025 [2][4][5]. Leadership Transition - Keefer Lehner will succeed Paul Dobson, who is retiring but will remain in an advisory role until March 2026 to ensure a smooth transition [2][4]. - Lehner brings nearly 20 years of experience in finance and operations, having previously served as CFO at KLX Energy Services and co-founded Quintana Energy Services [3][9]. Strategic Importance - The appointment of Lehner is seen as crucial for EVgo as it aims to accelerate the nationwide buildout of its EV charging infrastructure [4]. - CEO Badar Khan emphasized Lehner's experience in scaling businesses and his commitment to advancing EVgo's strategic priorities [4]. Financial Guidance for 2025 - EVgo has reiterated its financial guidance for 2025, projecting total revenue between $350 million and $365 million, with potential ancillary upside of up to $40 million, bringing the total possible revenue to $405 million [5][6]. - The company expects an Adjusted EBITDA loss between $(15) million and $(8) million, with potential ancillary upside of up to $31 million, resulting in a possible loss range of $(15) million to $(23) million [6]. Company Overview - EVgo is one of the largest public fast charging networks for electric vehicles in the U.S., operating over 1,100 fast charging stations across 47 states [10]. - The company partners with various businesses to deploy accessible charging infrastructure and conducts interoperability testing at its Innovation Lab [10].
Stifel Cuts EVgo (EVGO) PT to $7.50, Reaffirms Buy Rating
Yahoo Finance· 2025-12-04 04:29
Core Viewpoint - EVgo, Inc. is recognized as a leading investment opportunity in the EV charging sector, with analysts maintaining positive ratings despite a slight reduction in price targets [1][2][3]. Group 1: Analyst Ratings and Price Targets - Stifel has reiterated a Buy rating on EVgo shares, lowering the price target from $8.00 to $7.50, citing the company's focused growth in fast-charging infrastructure and progress on a Department of Energy loan [2]. - Cantor Fitzgerald has maintained an Overweight rating on EVgo shares with a price target of $7, highlighting the company's strong charger use rates and steady traffic at its stations, indicating the stock is undervalued [3]. Group 2: Company Overview and Operations - EVgo, Inc. is a pure-play EV charging company that operates one of the largest public fast-charging networks in the United States, utilizing 100% renewable electricity for its chargers [4]. - The company supports both individual EV drivers and fleet operators, positioning itself as a key player in the growing EV infrastructure market [4]. Group 3: Financial Outlook - EVgo is making strides towards achieving breakeven adjusted EBITDA by Q4 2025, with ongoing reductions in capital spending per charging stall and updates to 2025 guidance that include potential revenue from ending old contracts and selling fleet sites [2].
Uber Technologies ($UBER) | Archer Aviation ($ACHR) | Enphase Energy ($ENPH) | EVgo ($EVGO)
Youtube· 2025-12-03 13:41
Group 1 - Uber is now offering rides in all-electric robo taxis across a 9 square mile area of Dallas, allowing riders to be matched with these vehicles at no extra cost [1] - The robo taxis currently operate with an onboard safety specialist but are designed for future fully driverless service, with rider preferences managed directly in the Uber app [2] - Archer Aviation plans to build an air taxi network in the Miami metro area, providing 10 to 20 minute electric flights between major cities, significantly reducing typical 90-minute car commutes [2] Group 2 - Nphase Energy has launched its new power match technology in Europe, which enhances battery efficiency and longevity by dynamically adjusting output to real-time power needs [3] - The IQ Battery 5P can reduce efficiency losses and may last up to 40% longer than certain competing batteries due to its use of six micro inverters that activate only as needed [3] - EVgo has surpassed 5 million Autocharge Plus sessions, with enrollment rising to over 300,000 drivers across nearly 80 compatible EV models, particularly Cadillac, Chevrolet, Ford, and Rivian [4] Group 3 - Autocharge Plus now initiates nearly 30% of all EVgo charging sessions, simplifying the charging experience for electric vehicles, including Tesla's, and improving overall charge success rates on the network [4]
EVgo Autocharge+ Surpasses 5 Million Sessions and Sixfold Enrollment Growth, Delivering Seamless EV Charging Nationwide
Globenewswire· 2025-12-03 12:00
EVgo Autocharge+ EVgo has surpassed five million Autocharge+ sessions. More than 300,000 customer accounts have enrolled over the last three years, representing a sixfold growth since 2022. LOS ANGELES, Dec. 03, 2025 (GLOBE NEWSWIRE) -- EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest providers of public fast charging infrastructure for electric vehicles (EVs), has surpassed five million Autocharge+ sessions. EVgo has had sixfold growth in enrollment since 2023, with over ...
EVgo (EVGO) Upgraded to Buy: Here's Why
ZACKS· 2025-11-14 18:03
Core Viewpoint - EVgo Inc. (EVGO) has received an upgrade to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years [1][2]. - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for EVgo suggest an improvement in the company's underlying business, which could lead to increased stock prices as investors respond positively [5][10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell) [7]. - Historically, Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, indicating the effectiveness of the system [7]. - EVgo's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10]. Recent Performance of EVgo - For the fiscal year ending December 2025, EVgo is expected to earn -$0.41 per share, with no year-over-year change [8]. - Over the past three months, the Zacks Consensus Estimate for EVgo has increased by 15.3%, reflecting positive sentiment among analysts [8].
After Plunging 30.3% in 4 Weeks, Here's Why the Trend Might Reverse for EVgo (EVGO)
ZACKS· 2025-11-14 15:36
Core Viewpoint - EVgo Inc. (EVGO) has experienced significant selling pressure, resulting in a 30.3% decline over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Technical Analysis - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating such a state [2] - EVGO's current RSI reading is 26.12, suggesting that the heavy selling may be nearing exhaustion, indicating a potential price rebound [5] Group 2: Fundamental Analysis - There has been a notable increase in earnings estimates for EVGO, with a 15.3% rise in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7] - EVGO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate trends and EPS surprises, further supporting the potential for a turnaround [8]
EVgo: Finally Looking To Charge Higher (NASDAQ:EVGO)
Seeking Alpha· 2025-11-11 19:57
Group 1 - The article discusses the potential for undervalued stocks that are mispriced by the market as a focus for investment strategies starting in November [1] - Stone Fox Capital, based in Oklahoma, is led by Mark Holder, a CPA with extensive experience in investing and portfolio management [2] - The investing group "Out Fox The Street" provides stock picks, deep research, model portfolios, daily updates, and real-time alerts to help investors identify potential multibaggers while managing risk [2]
EVgo: Finally Looking To Charge Higher
Seeking Alpha· 2025-11-11 19:57
Group 1 - The article discusses the potential for undervalued stocks that are mispriced by the market as a focus for investment strategies starting in November [1][2] - Stone Fox Capital, based in Oklahoma, is led by Mark Holder, a CPA with extensive experience in investing and portfolio management [2] - The investing group "Out Fox The Street" provides stock picks, deep research, model portfolios, daily updates, and real-time alerts to help investors identify potential multibaggers while managing portfolio risk [2]