EVgo (EVGO)
Runs public fast-charging networks and charging services for drivers, fleets, and partners.
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Runs a public DC fast-charging network and also sells dedicated fleet charging, eXtend deployments, network services, PlugShare data products, and regulatory credits. Operates as one reportable segment with growth tied to site hosts, automaker relationships, and financed network buildout.
Operates a public DC fast-charging network in the United States and supplements it with dedicated charging for fleets and autonomous vehicles. Revenue also comes from eXtend projects, where customers own the charging assets and EVgo provides design, software, operations, and maintenance.
PlugShare adds a software and data layer through charging-location data, analytics, research, and advertising products. OEM and network-service relationships broaden the business beyond directly owned charging sites.
Most of the footprint is tied to the public network, while expansion also depends on third-party deployments and site-host partnerships. Regulatory credits, automaker integrations, and DOE-backed financing all shape how quickly the network can scale.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 21, 2026 | Evercore ISI | Reiterate | Rating: —Target: $3.50 | Target: $2.50 |
| Aug 10, 2026 | Roth Capital | Target | Target: $4 | Target: $2 |
| Aug 6, 2026 | Morgan Stanley | Target | Target: $4 | Target: $2.50 |
| Aug 6, 2026 | Cantor Fitzgerald | Reiterate | Rating: —Target: $5 | Target: $3 |
| Jul 21, 2026 | JP Morgan | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $121.8M · Total debt $415.6M · Total assets $966.9M · Shareholders' equity −$20.5M
- Revenue
- $82.6M
- Operating income
- −$40.1M
- Net income
- −$20.8M
No dividends on record.
| Institutions | 32.09% | 100.93M shares | |
|---|---|---|---|
| 201 holders · as of Jun 30, 2026 | |||
| Insiders | 55.58% | 174.82M shares | |
| 8 holders · as of Aug 12, 2026 | |||
| Other | 12.33% | 38.76M shares | |
| remainder | |||
314.52M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
David Nanus1Insiderdirector | 54.94% | 172.80M B | filed Dec 20, 2024 |
BlackRock, Inc.Institution | 3.50% | 11.01M A | as of Jun 30, 2026 |
Morgan StanleyInstitution | 2.61% | 8.21M A | as of Jun 30, 2026 |
State Street CorpInstitution | 2.03% | 6.37M A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 1.90% | 5.97M A | as of Jun 30, 2026 |
- David Nanus reports a block also reported by Vanguard Capital Management LLC; it is counted once, under Vanguard Capital Management LLC.
Insider tradesForm 4
No open-market trades in the last 12 months.
- Tesla
Largest fast-charging rival across corridors, OEM access and NACS
- ChargePoint
Broad network software and fleet rival with growing DC fast reach
- Blink Charging
Operator-led charging rival in network services and DC fast sites
- Shell (ADR)
Energy-backed public and fleet charging rival through Shell Recharge
- Wallbox
Hardware-software rival in DC fast deployments and fleet sites
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| EVgo | $1.50 | +0.34% | $467.7M | — | — | 1.2 | −15.7% |
| Tesla | $378.49 | +0.85% | $1.48T | 347.5 | 183.6 | 14.3 | +25.5% |
| ChargePoint | $9.79 | +4.04% | $243.7M | — | — | 0.6 | +17.7% |
| Blink Charging | $0.5944 | +1.78% | $83.9M | — | — | 0.9 | −24.4% |
| Shell (ADR) | $93.90 | +0.68% | $260.05B | 10.3 | 9.0 | 0.9 | +44.7% |
| Wallbox | $2.95 | −3.44% | $71.5M | — | — | 0.5 | −37.6% |
| Median | 178.9 | 96.3 | 0.9 | +17.7% |