Evgo Inc is a leading provider of a public electric vehicle (EV) fast charging network in the United States. The company focuses on developing and operating charging stations that enable convenient and accessible charging for electric vehicle owners. Through its extensive network, Evgo aims to support the transition to sustainable transportation by providing reliable fast charging options that cater to both individual and fleet EV users. The company collaborates with various automakers, businesses, and municipalities to expand its charging infrastructure and enhance the overall EV experience. Read More
Tesla's (NASDAQ: TSLA) audacious move to open its proprietary Supercharger network and connector, now formally known as the North American Charging Standard (NACS), has sent ripples through the automotive industry, effectively reshaping the future of electric vehicle (EV) charging infrastructure. This strategic repositioning is not merely a technical adjustment; it's
Shares of electric vehicle charging company EVgo (NASDAQ:EVGO)
jumped 3.8% in the morning session after the company, along with partners Pilot Company and General Motors, announced a major milestone in the expansion of its U.S. fast-charging network.
Growth is oxygen.
But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.
A number of stocks fell in the morning session after President Donald Trump announced his administration would not approve new solar or wind power projects, causing a sell-off in the renewable energy sector. The move came after President Donald Trump posted on his social media platform, Truth Social, that "We will not approve wind or farmer destroying Solar," adding, "The days of stupidity are over in the USA!!!" This statement escalated his campaign against renewable energy development. The remarks prompted a sector-wide sell-off, pressuring solar and wind stocks broadly. Other renewable energy companies also saw their shares plummet following the announcement, reflecting investor concern over the future of green energy projects under his administration.
A number of stocks fell in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week.
A number of stocks fell in the pre-market session after an unexpectedly sharp rise in wholesale inflation fueled concerns about rising costs and their impact on corporate profits. The primary catalyst was the July 2025 Producer Price Index (PPI), a measure of inflation at the wholesale level, which jumped 0.9% against forecasts of a 0.2% rise. This represents the most significant monthly increase in over three years, pointing to mounting cost pressures for manufacturers, with tariffs cited as a key factor. This data complicates the Federal Reserve's upcoming interest rate decisions, as persistent inflation may prevent rate cuts, creating a headwind for cyclical sectors like Industrials.
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
Electric vehicle charging company EVgo (NASDAQ:EVGO) reported Q2 CY2025 results beating Wall Street’s revenue expectations, with sales up 47.2% year on year to $98.03 million. The company’s full-year revenue guidance of $365 million at the midpoint came in 3.4% above analysts’ estimates. Its non-GAAP loss of $0.02 per share was 76.9% above analysts’ consensus estimates.
Electric vehicle charging company EVgo (NASDAQ:EVGO) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 47.2% year on year to $98.03 million. The company’s full-year revenue guidance of $365 million at the midpoint came in 3.4% above analysts’ estimates. Its GAAP loss of $0.10 per share was in line with analysts’ consensus estimates.
Shares of electric vehicle charging company EVgo (NASDAQ:EVGO)
jumped 3.1% in the morning session after it secured a $225 million credit facility to accelerate the buildout of its nationwide electric vehicle charging infrastructure. The proceeds from the deal were earmarked to accelerate the deployment of more than 1,500 additional high-power fast charging stalls nationwide. This transaction was noted as the largest commercial bank facility for electric vehicle charging in the United States. The five-year credit facility, which was oversubscribed, also included an option to increase the total financing by $75 million to $300 million. The strong interest from the participating global project finance banks signaled significant lender confidence in the company's expansion plans and the future of EV infrastructure.
LOS ANGELES, July 28, 2025 (GLOBE NEWSWIRE) -- EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), one of the nation’s largest providers of public fast charging infrastructure for electric vehicles (EVs), announced that it has closed on a senior secured, non-recourse credit facility with top tier global project finance banks in the amount of $225 million with optionality to increase the size of the financing by $75 million to fund additional growth (the “Facility”). The Facility was oversubscribed and is a first-of-its-kind financing in the commercial bank market for charging infrastructure in the United States.
Unprofitable companies face headwinds as they struggle to keep operating expenses under control.
Some may be investing heavily, but the majority fail to convert spending into sustainable growth.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
EVgo Inc. (Nasdaq: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that it will release its second quarter 2025 financial results on Tuesday, August 5. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. ET (5 a.m. PT).
