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EVgo Inc has a consensus price target of $6.97 based on the ratings of 18 analysts. The high is $16 issued by Tudor Pickering on April 21, 2022. The low is $1 issued by B of A Securities on May 19, 2023. The 3 most-recent analyst ratings were released by JP Morgan, UBS, and JP Morgan on February 19, 2025, January 27, 2025, and December 20, 2024, respectively. With an average price target of $6 between JP Morgan, UBS, and JP Morgan, there's an implied 96.08% upside for EVgo Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for EVgo (NASDAQ:EVGO) was reported by JP Morgan on February 19, 2025. The analyst firm set a price target for $6.00 expecting EVGO to rise to within 12 months (a possible 96.08% upside). 33 analyst firms have reported ratings in the last year.
The latest analyst rating for EVgo (NASDAQ:EVGO) was provided by JP Morgan, and EVgo maintained their overweight rating.
The last upgrade for EVgo Inc happened on October 10, 2024 when UBS raised their price target to $8.5. UBS previously had a neutral for EVgo Inc.
The last downgrade for EVgo Inc happened on March 7, 2024 when Cantor Fitzgerald changed their price target from N/A to $5 for EVgo Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of EVgo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for EVgo was filed on February 19, 2025 so you should expect the next rating to be made available sometime around February 19, 2026.
While ratings are subjective and will change, the latest EVgo (EVGO) rating was a maintained with a price target of $7.00 to $6.00. The current price EVgo (EVGO) is trading at is $3.06, which is out of the analyst’s predicted range.
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