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Upturn AI SWOT - About
Evgo Inc (EVGO)
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Upturn Advisory Summary
07/03/2025: EVGO (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
11 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $5.91
1 Year Target Price $5.91
| 7 | Strong Buy |
| 3 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -58.46% | Avg. Invested days 23 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.09B USD | Price to earnings Ratio - | 1Y Target Price 5.91 |
Price to earnings Ratio - | 1Y Target Price 5.91 | ||
Volume (30-day avg) 11 | Beta 2.41 | 52 Weeks Range 2.19 - 9.07 | Updated Date 07/4/2025 |
52 Weeks Range 2.19 - 9.07 | Updated Date 07/4/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.41 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -16.56% | Operating Margin (TTM) -43.16% |
Management Effectiveness
Return on Assets (TTM) -9.74% | Return on Equity (TTM) -26.54% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 493499523 | Price to Sales(TTM) 3.92 |
Enterprise Value 493499523 | Price to Sales(TTM) 3.92 | ||
Enterprise Value to Revenue 1.78 | Enterprise Value to EBITDA -1.73 | Shares Outstanding 134168000 | Shares Floating 126884234 |
Shares Outstanding 134168000 | Shares Floating 126884234 | ||
Percent Insiders 5.19 | Percent Institutions 68.39 |
Upturn AI SWOT
Evgo Inc
Company Overview
History and Background
Evgo Inc, founded in 2010, is one of the largest public fast charging networks for electric vehicles (EVs) in the United States. Initially, it was part of NRG Energy and then became a standalone public company through a SPAC merger with Climate Change Crisis Real Impact I Acquisition Corporation in 2021. Evgo focuses on providing reliable and convenient charging solutions to EV drivers, partnering with retailers and property owners to expand its charging infrastructure.
Core Business Areas
- Charging Network Operations: Evgo designs, builds, owns, and operates a network of DC fast charging stations across the United States.
- Charging-as-a-Service (CAAS): Evgo provides charging services to EV drivers through various subscription plans and pay-as-you-go options. Evgo also offers fleet charging services.
- eXtend Program: Evgo sells charging hardware and provides operations and maintenance services to companies that want to deploy their own charging stations.
Leadership and Structure
Cathy Zoi serves as the Chief Executive Officer of Evgo. The company has a board of directors overseeing the management team. The organizational structure includes departments for network operations, technology, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- DC Fast Charging Stations: Evgo's DC fast charging stations offer high-power charging capabilities, enabling EV drivers to quickly recharge their vehicles. The company claims high reliability for its network. Competitors include Tesla Supercharger network, Electrify America, ChargePoint.
- Charging Services: Evgo provides charging services through its app and various subscription plans. Evgo promotes its app and subscription plans as offering cost savings to EV drivers. Competitors include Electrify America, ChargePoint, and Blink Charging.
Market Dynamics
Industry Overview
The electric vehicle (EV) charging industry is experiencing rapid growth, driven by increasing EV adoption and government initiatives supporting EV infrastructure. The industry is becoming more competitive, with numerous players vying for market share.
Positioning
Evgo is positioned as a leading provider of DC fast charging solutions, particularly focusing on urban areas. Its competitive advantages include its early mover advantage, established charging network, and partnerships with retailers and property owners.
Total Addressable Market (TAM)
The global EV charging market is projected to reach hundreds of billions of dollars by 2030. Evgo is positioned to capture a significant portion of this TAM by expanding its charging network and offering competitive charging solutions. The TAM for EV charging is large and rapidly growing.
Upturn SWOT Analysis
Strengths
- Extensive DC fast charging network
- Partnerships with retailers and property owners
- Experienced management team
- Subscription based business model
Weaknesses
- High capital expenditure for network expansion
- Reliance on government incentives and subsidies
- Negative operating cash flow and profitability challenges
- Geographic concentration of charging stations
Opportunities
- Increased EV adoption
- Government investments in EV infrastructure
- Strategic partnerships with automakers
- Expanding into new markets
Threats
- Intense competition in the EV charging market
- Fluctuations in electricity prices
- Technological advancements in battery technology
- Reliability issues can damage reputation
Competitors and Market Share
Key Competitors
- TSLA
- CHPT
- BLNK
- EA (Volkswagen Group of America)
Competitive Landscape
Evgo faces intense competition from established players like Tesla, ChargePoint, and Blink Charging, as well as from automakers building their own charging networks. Evgo's strengths include its focus on DC fast charging and partnerships with retailers, while its weaknesses include its smaller scale compared to some competitors. Evgo differentiates itself by focusing on reliability and customer experience.
Growth Trajectory and Initiatives
Historical Growth: Historical growth data is not available as requested because I cannot access external data sources in real time. Check with SEC Edgar or Yahoo Finance for this data.
Future Projections: Future projections data is not available as requested because I cannot access external data sources in real time. Check with SEC Edgar or Yahoo Finance for this data.
Recent Initiatives: Recent initiatives include expanding the charging network, forging partnerships with automakers, and launching new subscription plans. The Company is expanding its DC fast charging stations.
Summary
Evgo is a significant player in the rapidly growing EV charging market with a strong focus on DC fast charging and strategic partnerships. The company is expanding its network and offerings, but faces competition and profitability challenges. Its future success depends on scaling efficiently and maintaining a competitive edge in a dynamic industry. Government regulations and EV adoptions will influence future performance.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company reports, Industry reports, News articles
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market share estimates are approximate and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Evgo Inc
Exchange NASDAQ | Headquaters Los Angeles, CA, United States | ||
IPO Launch date 2020-11-20 | CEO & Director Mr. Badar Khan | ||
Sector Consumer Cyclical | Industry Specialty Retail | Full time employees 329 | Website https://www.evgo.com |
Full time employees 329 | Website https://www.evgo.com | ||
EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles in the United States. The company offers electricity directly to drivers; original equipment manufacturer charging and related services; and fleet and rideshare public charging services; and commercial charging. 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, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare such as data, research, and advertising services and equipment procurement and operational services. EVgo, Inc. was incorporated in 2010 and is headquartered in Los Angeles, California.EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.
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