I am initiating coverage on EVgo, Inc. (NASDAQ: EVGO ) with a "Buy" rating and an investment horizon of 24 months. I believe that EVgo is among the bestAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any ...

As sustainable investing faces mixed signals heading into 2025, select stocks are well-positioned to benefit from ESG catalysts. While broader sustainable funds underperformed the market in 2024, opportunities still exist in stocks that are tapping into green growth trends. JPMorgan analysts say these stocks are poised to benefit from macro tailwinds as sustainable investing continues to evolve.Electric Vehicles, Charging Networks: EVgo Inc EVGOAccording to JPMorgan, the electric vehicle (EV) boom is far fr ...

The end of the year, a typically bullish period for the S&P 500 Index (SPX), is quickly approaching. And with President-elect Donald Trump making his cabinet picks, this is shaping up to be an interesting start to the new year. With this in mind, we're taking a look at electric vehicles (EV), a sector that's being closely monitored given Trump's plans for harsh tariffs on China and his close ties with Tesla (TSLA) CEO Elon Musk.Rivian Automotive Inc (NASDAQ:RIVN) is making big moves today, last seen 13.9% h ...

The electric vehicle charging stock could skyrocket if this happens.After falling steadily for some weeks, EVgo (EVGO 1.76%) rebounded sharply this week, surging 27% at its highest point in trading through 2 p.m. ET Friday, according to data provided by S&P Global Market Intelligence.Investors might be worried about the fate of EVs under the Trump administration, but at least one analyst believes EVgo could soon get big funding that should propel the electric vehicle (EV) charging stock.The biggest reason w ...

The looming threat of the removal of the clean energy tax credit has rattled some, but JPMorgan analyst Bill Peterson says EVgo Inc. EVGO is set up for success."EVGO sees improving affordability of a larger variety of vehicles as being the primary driver of mass EV adoption," Peterson says, adding, "new EV sales would need to decline by 40% to impact the company's trajectory, which is unlikely to happen."Even if the credit is removed, Peterson forecasts that "16% US [battery electric vehicle] penetration by ...

Shares of electric vehicle stocks started off on the right foot this week after reports emerged that President Trump's administration will look to lessen regulatory burdens for autonomous driving. It's not clear exactly what that means, and Elon Musk's involvement is a point of interest here, but the market reacted positively, at least for a while.Lucid (LCID 6.47%) stock jumped as much as 9.5% in early trading, while Rivian's (RIVN 0.10%) shares were up 6.6%, and EVgo (EVGO 6.13%) jumped 15.8% near the ope ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39572 EVgo Inc. (Exact name of registrant as specified in its charter) Delaware 85-2326098 (State or othe ...

EVgo, Inc. (NASDAQ:EVGO) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Heather Davis - VP, IR Badar Khan - CEO Paul Dobson - CFO Conference Call Participants Bill Peterson - J.P. Morgan Andres Sheppard - Cantor Fitzgerald Craig Irwin - Roth Capital Partners Christopher Dendrinos - RBC Capital Markets Chris Pierce - Needham & Company William Grippin - UBS Operator Thank you for standing by. My name is Janine and I will be your lead operator for today’s call. At this time, ...

EVgo Inc. (EVGO) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.10, delivering a surprise of 9.09%.Over the last four quarters, the company has surpassed consens ...

Nasdaq: EVGO – investors.evgo.com Q3 2024 Earnings Call November 12, 2024 SAFE HARBOR & FORWARD-LOOKING STATEMENTS Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target," "assu ...