Analyst Price Target is $8.28
▲ +105.40% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for EVgo in the last 3 months. The average price target is $8.28, with a high forecast of $14.00 and a low forecast of $1.00. The average price target represents a 105.40% upside from the last price of $4.03.
Current Consensus is
Buy
The current consensus among 9 investment analysts is to buy stock in EVgo. This rating has held steady since November 2022, when it changed from a Hold consensus rating.
EVgo, Inc. owns and operates a direct current fast charging network 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 and pilots microtargeted advertising, and charging reservations; and maintenance and development and project management services through eXtendTM, including electric vehicle supply equipment installation, networking, and operations. The company was incorporated in 2010 and is based in Los Angeles, California.
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