EVgo is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations, EVgo’s owned and operated charging network serves over 68 metropolitan areas across 35 states and more than 300,000 customer accounts. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for drivers across the U.S. to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet.
Company profile
Ticker
EVGO
Exchange
Website
CEO
Catherine Zoi
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Mister Car Wash • Monro • Pony • Driven Brands • Maison Luxe • ZYQC Group Holding • Allego • Yi Po International • SunCar Technology ...
Former names
Climate Change Crisis Real Impact I Acquisition Corp, EVgo Inc
SEC CIK
EVGO stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
EVgo Announces Addition of Two New Board Members, Paul Segal and Jonathan Seelig
22 May 23
424B5
Prospectus supplement for primary offering
19 May 23
424B5
Prospectus supplement for primary offering
16 May 23
10-Q
2023 Q1
Quarterly report
9 May 23
8-K
EVgo Inc. Reports First Quarter 2023 Results
9 May 23
ARS
2022 FY
Annual report to shareholders
6 Apr 23
DEFA14A
Additional proxy soliciting materials
6 Apr 23
DEF 14A
Definitive proxy
6 Apr 23
10-K
2022 FY
Annual report
30 Mar 23
8-K
EVgo Inc. Reports Fourth Quarter and Full Year 2022 Results
30 Mar 23
Transcripts
EVGO
Earnings call transcript
2023 Q1
9 May 23
EVGO
Earnings call transcript
2022 Q4
30 Mar 23
EVGO
Earnings call transcript
2022 Q3
3 Nov 22
EVGO
Earnings call transcript
2022 Q2
9 Aug 22
EVGO
Earnings call transcript
2021 Q1
11 May 22
EVGO
Earnings call transcript
2021 Q4
23 Mar 22
EVGO
Earnings call transcript
2021 Q3
10 Nov 21
EVGO
Earnings call transcript
2021 Q2
11 Aug 21
Latest ownership filings
4
DENNIS G KISH
2 Jun 23
4
Catherine Zoi
2 Jun 23
4
Ivo Steklac
2 Jun 23
4
Olga Shevorenkova
2 Jun 23
144
Notice of proposed sale of securities
1 Jun 23
144
Notice of proposed sale of securities
1 Jun 23
144
Notice of proposed sale of securities
1 Jun 23
144
Notice of proposed sale of securities
1 Jun 23
4
David Nanus
24 May 23
3
Paul Segal
22 May 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
|---|---|---|---|---|
| Revenue | ||||
| Cost of revenue | ||||
| Operating income | ||||
| Operating margin | ||||
| Net income | ||||
| Net profit margin | ||||
| Cash on hand | ||||
| Change in cash | ||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 163.81 mm | 163.81 mm | 163.81 mm | 163.81 mm | 163.81 mm | 163.81 mm |
| Cash burn (monthly) | 27.56 mm | 23.13 mm | 16.36 mm | 14.96 mm | 6.45 mm | 4.86 mm |
| Cash used (since last report) | 62.10 mm | 52.12 mm | 36.86 mm | 33.71 mm | 14.53 mm | 10.95 mm |
| Cash remaining | 101.71 mm | 111.70 mm | 126.95 mm | 130.10 mm | 149.28 mm | 152.86 mm |
| Runway (months of cash) | 3.7 | 4.8 | 7.8 | 8.7 | 23.2 | 31.5 |
Institutional ownership, Q1 2023
53.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 176 |
| Opened positions | 22 |
| Closed positions | 42 |
| Increased positions | 58 |
| Reduced positions | 45 |
| 13F shares | Current |
|---|---|
| Total value | 261.02 bn |
| Total shares | 38.77 mm |
| Total puts | 560.00 k |
| Total calls | 1.24 mm |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 6.55 mm | $51.05 bn |
| BLK Blackrock | 5.02 mm | $39.13 bn |
| Pacific Investment Management | 3.71 mm | $0.00 |
| STT State Street | 2.77 mm | $21.58 bn |
| Pictet Asset Management | 2.66 mm | $20.70 bn |
| Banque Pictet & Cie | 2.30 mm | $17.91 bn |
| IVZ Invesco | 2.09 mm | $16.28 bn |
| Geode Capital Management | 1.44 mm | $11.18 bn |
| Van Eck Associates | 1.02 mm | $7.98 mm |
| Wellington Management | 1.02 mm | $7.94 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 23 | Olga Shevorenkova | Class A Common Stock | Sell | Dispose S | No | No | 3.96 | 31,093 | 123.13 k | 58,820 |
| 1 Jun 23 | Ivo Steklac | Class A Common Stock | Sell | Dispose S | No | No | 3.99 | 20,399 | 81.39 k | 83,395 |
| 1 Jun 23 | Cathy Zoi | Class A Common Stock | Sell | Dispose S | No | No | 3.98 | 60,030 | 238.92 k | 163,796 |
| 1 Jun 23 | Dennis G Kish | Class A Common Stock | Sell | Dispose S | No | No | 3.99 | 20,006 | 79.82 k | 37,844 |
| 31 May 23 | Olga Shevorenkova | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 36,750 | 0.00 | 89,913 |
| 31 May 23 | Olga Shevorenkova | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 53,163 | 0.00 | 53,163 |
| 31 May 23 | Olga Shevorenkova | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 36,750 | 0.00 | 73,500 |
| 31 May 23 | Olga Shevorenkova | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 53,163 | 0.00 | 53,164 |
| 31 May 23 | Ivo Steklac | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 24,434 | 0.00 | 103,794 |
| 31 May 23 | Ivo Steklac | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 46,518 | 0.00 | 79,360 |
News
Barron's Weekend Stock Picks: IBM, Twilio And The Rise Of Electrification
3 Jun 23
$25M Bet On This Consumer Cyclical Stock? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying
25 May 23
Northland Capital Markets Maintains Market Perform on EVgo, Lowers Price Target to $7
24 May 23
B of A Securities Maintains Underperform on EVgo, Lowers Price Target to $1
19 May 23
11 Consumer Discretionary Stocks Moving In Thursday's Intraday Session
18 May 23
Press releases
PlugShare Achieves Milestone of More Than 6.5 Million Check-Ins as Global EV Adoption Grows
1 Jun 23
EVgo Announces Addition of Two New Board Members, Paul Segal and Jonathan Seelig
22 May 23
EVgo Inc. Announces Pricing of Offering of Class A Common Stock
17 May 23
EVgo Inc. Announces Offering of Class A Common Stock
16 May 23
EVgo Inc. Reports First Quarter 2023 Results
9 May 23