Why EVgo Stock Surged Over 25% This Week and Could Rally Even Higher [Yahoo! Finance]
EVgo Inc. (EVGO)
Company Research
Source: Yahoo! Finance
ET Friday, according to data provided by S&P Global Market Intelligence Investors might be worried about the fate of EVs under the Trump administration, but at least one analyst believes EVgo could soon get big funding that should propel the electric vehicle (EV) charging stock. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » In October, EVgo received a conditional commitment for a $1.05 billion loan guarantee from the U.S. Department of Energy (DOE) to accelerate the expansion of the EV charging network in the nation. EVgo is one of the nation's largest public EV charging networks, with over 1,000 fast-charging locations across 40 states. JPMorgan analyst Jim Peterson now believes EVgo could secure the DOE loan in the coming weeks and put the stock on "positive catalyst watch." Peterson expects EVgo to upgrade its earnings before interest, tax, depreciation, and amortization ( EBITDA ) targets once it secures t
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EVGO
News
- As Meijer works to increase EV-charging reach, retailers are starting to see benefits [Yahoo! Finance]Yahoo! Finance
- EVgo Expands Charging Network in Midwest with $1.05 Billion DOE Loan Guarantee [Yahoo! Finance]Yahoo! Finance
- Hilton Bets Big on India: 150 New Hotels Planned Amid Shift From China [Yahoo! Finance]Yahoo! Finance
- Hilton Bets Big on India: 150 New Hotels Planned Amid Shift From China [Yahoo! Finance]Yahoo! Finance
- EVgo and Meijer Expand Partnership to Install up to 480 New Fast Charging Stalls at Meijer Locations Across Midwest [Yahoo! Finance]Yahoo! Finance
EVGO
Earnings
- 11/12/24 - Miss
EVGO
Sec Filings
- 11/15/24 - Form 4
- 11/14/24 - Form 144
- 11/12/24 - Form 10-Q
- EVGO's page on the SEC website