Two news items has EVgo stock soaring today. Electric-vehicle (EV) charging company EVgo (EVGO 54.84%) received some timely analyst support this morning. An upgrade on the stock to a buy recommendation had shares moving higher in premarket trading Thursday. However, the timely recommendation from J.P. Morgan analyst Bill Peterson was overshadowed by news from the company itself. The combination had shares soaring as much as 49% in early trading. As of 10:55 a.m. ET, EVgo stock was still up by 47.3%. Over $1 ...

EVgo Inc (NASDAQ:EVGO) stock is 33.8% higher premarket, looking to open at $5.26 after a bull note from J.P. Morgan Securities. The firm upgraded the electric vehicle (EV) charging name to "overweight" from "natural," noting the company's fast-charging owner-operator model is scaling well with more utilization. In addition, the U.S. will grant EVgo a conditional loan guarantee of up to $1.05 billion to expand its public EV charging infrastructure. Coming into today, six of 13 covering brokerages rated EVgo ...

I I I l - I 1 the state IF T n T sanfel Introduction EVgo (NASDAQ:EVGO) is one of the leading companies in the distribution, operation and building infrastructure for electric vehicle charging solutions in the US. The company has over 1,000 fast charging points in over 35 states. EVgo is in constant development to meet the expected mass adoption of electric vehicles for commercial fleets, individual drivers and businesses. Recently, EVgo the company has recorded a double-digit charging revenue after deliver ...

Justin Paget Investment Summary My recommendation for EVgo, Inc. (NASDAQ:EVGO) is a buy rating. EVGO provides investors with an avenue to gain exposure to the long-term growth of electric vehicle adoption without bearing the risk of choosing which OEM is the best. Since EVGO operates the underlying charging stations, it benefits directly from industry growth. Notably, it has attractive growth tailwinds that can drive faster growth than the EV industry. Business Overview EVGO EVGO owns and operates a public ...

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 June 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 other jur ...

EVgo, Inc. (NASDAQ:EVGO) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Heather Davis - VP, IR Badar Khan - CEO Stephanie Lee - CFO Conference Call Participants Chris Dendrinos - RBC Capital Markets Bill Peterson - JPMorgan Craig Irwin - Roth Capital Partners William Griffin - UBS Chris Pierce - Needham & Company Andres Sheppard - Cantor Fitzgerald Operator Thank you for standing by and welcome to the EVgo Second Quarter 2024 Earnings Conference Call. All lines have been pl ...

EVgo Inc. (EVGO) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. 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 $0.09, delivering a surprise of 18.18%. Over the last four quarters, the company has surpassed con ...

Exhibit 99.1 EVgo Inc. Reports Record Second Quarter 2024 Results Achieves 6th Consecutive Quarter of Triple Digit Year-Over-Year Network Throughput Growth Raises Midpoint of Total Revenue Guidance by $10 Million | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | ● | Revenue reached a record $66. ...

About this content Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The Canberra Times, an ...

Some believe that the Street always values companies more or less correctly and is never completely wrong about companies' outlooks. But history shows this concept is completely incorrect. In the last few years, the Street massively underestimated the value of two stocks that large investors completely overlooked: Super Micro Computer (NASDAQ:SMCI) and American Superconductor (NASDAQ:AMSC). Here are three overlooked small-cap stocks that can similarly become beloved by the Street. Given Redwire's strong pos ...