EVgo (NASDAQ:EVGO) Given New $7.00 Price Target at Stifel Nicolaus

EVgo (NASDAQ:EVGO) had its price target dropped by analysts at Stifel Nicolaus from $7.50 to $7.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price target would indicate a potential upside of 161.19% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of EVgo in a report on Thursday, January 22nd. Cantor Fitzgerald dropped their price target on EVgo from $7.00 to $6.00 and set an “overweight” rating for the company in a research note on Wednesday. UBS Group lifted their price objective on EVgo from $5.40 to $5.90 and gave the stock a “buy” rating in a research note on Tuesday, November 11th. Finally, Benchmark reaffirmed a “buy” rating on shares of EVgo in a report on Monday. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, EVgo has a consensus rating of “Moderate Buy” and a consensus price target of $5.40.

EVgo Stock Performance

EVGO stock opened at $2.68 on Wednesday. The company has a market cap of $825.39 million, a price-to-earnings ratio of -6.87 and a beta of 2.63. The business’s 50-day moving average is $3.00 and its two-hundred day moving average is $3.55. EVgo has a fifty-two week low of $2.19 and a fifty-two week high of $5.18.

EVgo (NASDAQ:EVGO) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.10. The company had revenue of $118.47 million during the quarter. EVgo’s quarterly revenue was up 75.5% compared to the same quarter last year. During the same period last year, the business earned ($0.11) EPS. Equities analysts predict that EVgo will post -0.45 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Quarry LP boosted its stake in shares of EVgo by 145.0% in the fourth quarter. Quarry LP now owns 9,307 shares of the company’s stock worth $27,000 after acquiring an additional 5,508 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in EVgo during the 4th quarter worth $27,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of EVgo by 4,903.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 9,856 shares of the company’s stock worth $29,000 after buying an additional 9,659 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of EVgo in the fourth quarter worth about $32,000. Finally, Fullerton Advisors LLC acquired a new position in EVgo during the fourth quarter worth about $36,000. Institutional investors own 17.44% of the company’s stock.

EVgo News Summary

Here are the key news stories impacting EVgo this week:

• Positive Sentiment: Q4 outperformance — EVgo reported Q4 revenue of about $118M (up ~75% year-over-year) and an EPS loss of $0.04 that beat estimates, with record charging-network revenue (~$64M). This confirms accelerating top-line growth and stronger network monetization. EVGO : EVgo Q4 Earnings Summary & Key…
• Positive Sentiment: Network expansion / product rollout — Management expects to add roughly 1,400–1,650 new stalls in 2026 and is accelerating NACS (Tesla connector) rollout, which should increase accessible charging capacity and could boost utilization and revenue mix over time. Evgo targets 1,400–1,650 new stalls in 2026 as company accelerates NACS rollout and network expansion
• Positive Sentiment: Brokerage sentiment — Aggregate analyst coverage shows a consensus rating around “Moderate Buy,” which supports momentum if growth execution continues. EVgo Inc. (NASDAQ:EVGO) Given Consensus Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Short-interest notices appear in reports but show anomalous/zero values (0 shares/NaN), so they don’t provide reliable near-term insight into positioning. No actionable short-interest signal from the available data.
• Negative Sentiment: 2026 guidance came in below Street revenue expectations — EVgo set 2026 revenue guidance of roughly $410M–$470M versus a consensus near ~$481M, and gave adjusted-EBITDA guidance around $(20)M to $20M, leaving upside limited versus current estimates and increasing the risk of near-term multiple compression. EVgo Inc. Reports Record Fourth Quarter and Full Year 2025 Results

About EVgo

EVgo operates one of the largest public electric vehicle (EV) fast-charging networks in the United States, delivering direct current (DC) fast charging and Level 2 charging services to passenger vehicles and commercial fleets. The company’s charging stations are strategically located in urban centers, suburban shopping areas, workplace parking facilities, and along major highway corridors, enabling convenient access for EV drivers and promoting long-distance travel.

The company offers a suite of charging solutions, including subscription plans, pay-per-use options, and fleet charging services tailored to the needs of ride-hailing, delivery, and corporate vehicle fleets.