EVGO

EVgo, Inc.

Fundamental data last updated:September 27, 2026

We may earn a commission from partner links. This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate.

company profile

SECTOR

Consumer Cyclical

industry

Specialty Retail

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

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.

 


VALUATION

P/E

-6.23

Market Cap ($M USD)

$677.94M

Forward P/E

16.62

PEG

0.12

PRICE TO SALES

1.62

PRICE TO BOOK

0.82

EV / EBITDA

-21.74

5-Year Average P/E

Free Cash Flow Yield

-24.36%

DCF Value

$-177.88

Graham Number

N/A

Price to FCF

-4.11

EV to FCF

-4.05

Earnings Yield

-16.04%

FCF Yield

-24.36%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$0.35

Next Year EPS Growth Estimate

$0.13

Next Year Revenue Growth Estimate

$1.45B

Return on Equity (ROE)

-232.15%

FREE CASH FLOW

Operating Margin

-26.26%

Debt-to-Equity

0.28

Piotroski F-Score

2

Altman Z-Score

0.97

Return on Invested Capital (ROIC)

-13.65%

Current Ratio

2.07

Quick Ratio

2.07

Net Debt to EBITDA

0.28

Interest Coverage

-12.78

Gross Profit margin

19.39%

FCF PER SHARE

$-1.23

REVENUE PER SHARE

$3.11

Gainseekers Quantitative Analysis

Summary

EVgo’s valuation paints a perplexing picture. Despite a Forward P/E of 15.15 suggesting future profitability, the current Price/Earnings ratio of -5.69 and a DCF value deep in the negative indicate severe mispricing. The Altman Z-score of 0.91 signals distress, while an earnings yield of -17.59% underscores financial strain. The market seems to be betting on a turnaround, but the numbers suggest caution. With a Piotroski F-Score of 2, the financial health is questionable, raising red flags for potential investors.

AI Exposure / Tech Reliance

Operating in the Specialty Retail sector, EVgo is uniquely positioned to leverage AI and tech advancements. As electric vehicle infrastructure becomes increasingly tech-driven, the company must innovate to maintain relevance. Its ability to integrate AI for efficiency and customer engagement will be critical in this rapidly evolving landscape.

The Bull Case

For the optimistic investor, EVgo's low Debt/Equity ratio of 0.28 and a Forward PEG of 0.11 are compelling. These metrics suggest potential undervaluation and manageable debt levels, providing a cushion for growth. Despite a negative ROIC, the company's ability to potentially capitalize on explosive sales growth next year could drive future profitability. The gross profit margin of 19.39% indicates some pricing power, hinting at operational resilience.

The Bear Case

The bear case for EVgo is stark. With a Return on Equity of -232.15% and an Operating Margin of -26.26%, the company is hemorrhaging value. Its EV to EBITDA of -19.78 and Price to FCF of -3.74 highlight severe cash flow issues. Trading significantly below its 50-Day SMA, the stock's technical weakness is evident. The market cap may suggest scale, but the fundamentals reveal a company struggling to find its footing.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$5.25

Institutional Ownership %

1-Year Beta

2.83

Insider Buying % (6 Mo)

Distance to 52-Week High

139.81%

Distance to 52-Week Low

24.07%

EARNINGS SURPRISE %

14.29%

50-DAY SMA

$1.97

200-DAY SMA

$3.11

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.