Market Dynamics | Analyst price targets range from $4 to $5, reflecting EVgo's potential amid industry shifts like Tesla's network strategy and intensifying competition. |
Network Expansion | Explore EVgo's rapid infrastructure growth, with 4,170 charging stalls and rising utilization rates, positioning the company as a key player in EV adoption. |
Path to Profitability | Delve into EVgo's strategic roadmap targeting break-even adjusted EBITDA by 2025, balancing network expansion with operational efficiency improvements. |
Revenue Surge | EVgo's impressive 32% year-over-year revenue growth and raised guidance highlight the company's strong market position in the expanding EV charging sector. |
EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare such as data, research, and advertising services and equipment procurement and operational services. EVgo, Inc. was incorporated in 2010 and is headquartered in Los Angeles, California.EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.
Metrics to compare | EVGO | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipEVGOPeersSector | |
---|---|---|---|---|
P/E Ratio | −18.3x | 13.0x | 10.6x | |
PEG Ratio | −0.89 | 0.08 | 0.02 | |
Price / Book | 160.9x | 1.6x | 1.4x | |
Price / LTM Sales | 10.6x | 2.4x | 0.9x | |
Upside (Analyst Target) | −13.6% | 7.9% | 20.7% | |
Fair Value Upside | Unlock | 10.4% | 8.5% | Unlock |