A share price of EVgo Inc [EVGO] is currently trading at $3.66, up 3.68%. An important factor to consider is whether the stock is rising or falling in short-term value. The EVGO shares have gain 7.33% over the last week, with a monthly amount glided 10.57%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
EVgo Inc [NASDAQ: EVGO] stock has seen the most recent analyst activity on October 10, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $8.50 from $4. Previously, TD Cowen upgraded its rating to Buy on October 03, 2024, and elevated its price target to $7. On October 03, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $7 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $4 on July 22, 2024. The Benchmark Company initiated its recommendation with a Buy and recommended $3 as its price target on June 05, 2024. Cantor Fitzgerald upgraded its rating to Overweight for this stock on May 09, 2024, and downed its price target to $4. In a note dated March 07, 2024, RBC Capital Mkts upgraded an Outperform rating on this stock and revised its target price from $5 to $4.
EVgo Inc experienced fluctuations in its stock price throughout the past year between $2.19 and $9.07. Currently, Wall Street analysts expect the stock to reach $5.75 within the next 12 months. EVgo Inc [NASDAQ: EVGO] shares were valued at $3.66 at the most recent close of the market. An investor can expect a potential return of 57.1% based on the average EVGO price forecast.
Analyzing the EVGO fundamentals
Trailing Twelve Months sales for EVgo Inc [NASDAQ:EVGO] were 308.37M which represents 47.15% growth. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at -0.42%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is 1.82 and Total Capital is -0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for EVgo Inc [NASDAQ:EVGO] is 2.14. On the other hand, the Quick Ratio is 2.06, and the Cash Ratio is 1.31. Considering the valuation of this stock, the price to sales ratio is 3.64.
Transactions by insiders
Recent insider trading involved KISH DENNIS G, President, that happened on May 20 ’25 when 73215.0 shares were sold. President, KISH DENNIS G completed a deal on May 19 ’25 to sell 46785.0 shares. Meanwhile, Officer Dennis Kish bought 0.12 million shares on May 19 ’25.
