EVgo, Inc. (EVGO)
NASDAQConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
$1.51+4.86%
Close 2026-09-04 · 1-day change
NASDAQConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
Broken: Primary pillar broken — Achieve adjusted EBITDA between -$20 million and $20 million in 2026: FY26 EBITDA guidance -$10M vs target -$20M.
EVgo aims for $410-$470 million revenue in 2026. They target adjusted EBITDA between -$20 million and $20 million. Revenue in Q2 2026 should be $75-$85 million. New leadership may improve financial control.
EVgo is still losing money with negative EPS expected. Revenue growth may slow or miss targets. The stock price fell 27% recently, showing weak investor confidence.
The price is about 34% below our fair value near $2.78. Analysts expect 21% revenue growth. The market prices in a cautious outlook given losses and risks.
Breaks if: Adjusted EBITDA worse than -$20 million in 2026
Breaks if: Full year revenue falls below $410 million in 2026
Breaks if: Leadership changes fail to improve financial oversight or results
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a speculative growth opportunity. The company is currently loss-making and has a high risk profile, but it has stable management and is trying to expand its charging network and revenue.
The market seems to have a low expectations gap, indicating that it has priced in some challenges. EVGO is viewed as having a durable premium compared to its peers, suggesting that investors may expect it to perform better than others in the sector.
Management is focused on achieving revenue targets for 2026, but recent financial performance has been weak. The expansion of charging stalls is progressing, but not at the pace needed to meet annual goals, which adds uncertainty.
The long-term thesis hinges on management's ability to meet revenue guidance and successfully expand the charging network. Additionally, external factors like inflation and sector performance from major companies could significantly impact EVGO's trajectory.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The latest earnings beat supports the read on EVGO. However, there are concerns about guidance cuts that threaten the company's outlook.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: Q2 2026 revenue falls below $75 million
In the next 1 to 3 years, EVGO's performance will depend on its execution against stated goals and broader market conditions. Not investment advice.