EVgo, Inc. Class A (EVGO)

EVgo's stock price has declined by 35.34% between March 31, 2025, and March 27, 2026, with a 52-week range between $1.64 and $5.18. EVgo reported record fourth-quarter and full-year 2025 results on March 3, 2026, with Q4 revenue increasing 75% year-over-year to $118.5 million and full-year 2025 revenue reaching $384.1 million, a 50% increase over 2024, achieving positive Adjusted EBITDA for both Q4 and the full year 2025. In November 2025, EVgo's shares fell after reporting Q3 2025 results, despite revenue rising 37% year-over-year to $92.3 million.

EVgo's products and services experience demand seasonality, with higher energy costs and tariffs typically observed in the summer months. July has historically been the strongest month for EVgo's stock performance, while April tends to be the weakest. Analysts anticipate that the first quarter of 2026 could see an EBITDA loss due to seasonally lower miles traveled, with growth expected to reaccelerate in the second half of fiscal year 2026.

EVgo, Inc. is an electric vehicle (EV) fast charging network operator in the United States, focusing on building and operating direct current (DC) fast charging infrastructure. The company operates in the Consumer Discretionary sector, specifically in the Specialty Retail and Electric Vehicle Infrastructure industries. EVgo's offerings include its public fast charging network with over 1,200 locations, 'EVgo eXtend' for building charging stations, and PlugShare, a platform for EV drivers to locate charging stations. Additionally, EVgo provides various charging services and fleet-charging solutions and is focused on deploying ultra-fast chargers.

EVgo has a significant geographic footprint across the United States, with over 1,200 fast charging locations spanning 47 states as of August 2023, providing access to public charging for over 153 million Americans. The company aims to triple its nationwide presence over the next five years. EVgo's charging stations are strategically located in amenity-rich areas.

EVgo has enhanced its brand reputation through strategic partnerships and network improvements. Partnerships include General Motors (GM) to expand compatibility and access for GM vehicles, Amazon to allow drivers with Alexa-equipped cars to locate, schedule, and pay for charging, and Meijer to install new fast charging stations. EVgo also has discount programs with government agencies, car manufacturers, and ridesharing companies, and partners with Hertz to offer special charging rates. Network enhancements include the EVgo ReNew™ program and the Canary Model™ performance monitoring tool. In December 2024, EVgo secured $1.25 billion in funding from the Department of Energy and has been betting on the North American Charging System (NACS).

EVgo's stock ownership includes institutional, retail, and individual investors. As of March 27, 2026, there were 219 institutional owners holding a total of 93,475,065 shares, including Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Approximately 47.61% of the company’s stock is owned by Institutional Investors, 1.15% by Insiders, and 51.24% by Public Companies and Individual Investors, according to one source. Another source indicates that Mutual Funds & ETFs hold 26.70% and Other Institutional Investors hold 44.25%, with Public Companies & Retail Investors holding 29.05%.