EVgo, Inc. (EVGO)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

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Visitors trend2W10W9M

9.15

-0.24

(-2.56%)

At close: 04:00PM EDT

9.07

-0.08

(-0.87%)

After hours:

07:59PM EDT

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E
Holding up pretty well considering. Pete you still holding?
T
This company Is now undervalued.
Good opportunity to buy range 7-9
Expect rise 100% ( 16-18) within 6 months
Bullish
E
Pete, do you still own VLTA?
M
Get paid today, add today (nothing huge). Evgo has held up since it bounced back from 6.90. Chpt is beaten up and good buy too. Good luck longs.
Bullish
C
Evgo Inks Commercial Agreement With This Auto Giant
BY Benzinga
— 3:54 PM ET 05/16/2022
EVgo Inc NASDAQ:EVGO has signed a commercial agreement with General Motors Co NYSE:GM brand Cadillac to offer drivers of the 2023 Cadillac LYRIQ the option of two years of unlimited public fast charging. The financial terms were not disclosed.
Under the agreement, Cadillac offers eligible LYRIQ drivers the choice of 2 years of unlimited charging on EVgo's network or a home charger installation credit.
The agreement builds on the broader collaboration between EVgo and GM, which includes plans to build 3,250 high-powered DC fast charging stalls through 2025.
"Cadillac is demonstrating how to be ahead of the curve by treating charging as a cornerstone of the EV buying experience from the onset," said CEO Cathy Zoi.
K
Unlike Blink and chpt, EVGO doesn't sell chargers and related services. Instead, they resell electricity at 100-200% mark-up to EV battery users. As such, the main factor in EVGO's growth is the cumulative capacity of EV batteries sold in the US. This metric, in turn, is set for ~100% CAGR over 2022-2025 from the EV battery plants already being built. I.e., even if EVGO stopped opening new locations today, their revenue would still grow by x16 over the next 4 years.
Bullish
R
Partnering With Wawa and Chase...
Bullish
P
Gap is filled now. I am All in.
R
Whole markets down when are people going to understand we are in a bear market and going to be for awhile. This is the time to buy and wait a year or 2 on almost any stock that isn't poo
C
SHort Squeeze as we speak
C
EVgo is affirming its previously announced guidance for full-year 2022 as follows:

Total revenue of $48 – $55 million
Network throughput of 50 – 60 GWh
Bullish
T
Still waiting for evgo to have their share price above chpt. Will consider it a small win in all this red
J
EVGO upgraded to by Credit Suisse with a target of $14.

"EVgo (NYSE:EVGO – Get Rating) was upgraded by Credit Suisse Group from a “neutral” rating to an “outperform” rating in a note issued to investors on Thursday, The Fly reports. The brokerage currently has a $14.00 price target on the stock. "
Bullish
J
EVGO won’t trade below cash. Thumbs up if agree thumbs down if disagree
J
these companies will not see profits for a long time. good to get in now, if you can afford the wait.
Bullish
E
Great earnings report!!!
Bullish
S
I am surprised the share price is where it is. with $2.4b valuations and with a revenue projection of $55m for FY22, and cash burn over $80m. this needs to go down at least 60%.. and will require raising more cash sometimes in the future... what am I missing here ?
P
I have waited for a while since the gap at around $8 has not filled on a closing basis yet. It closed in a premarket trade before it ran up to the latest run to $14 level. I have started to DCA back into EVGO since i am comfortable with the downside vs the upside. The next couple of months are a great time to accumulate share of this company who will be a huge beneficiary of the Infrastructure monies. The longs that are with this company ever since SPAC days will be able to see why they invested in this company and this industry in the first place.
Bullish
C
EVGO’s taking off anyway, What’s been cooking?🧨🚀
u
EVGO will fly for sure. Before that, check it out PED. This is no debt and unknown healthy oil company. EPS 300% up and reveune 101 up according to yesterday's ER.
Bullish