Unveiling 9 Analyst Insights On EVgo
Portfolio Pulse from Benzinga Insights
Over the past three months, 9 analysts have evaluated EVgo (NASDAQ:EVGO), with a mix of bullish and bearish opinions. The average 12-month price target is $4.44, slightly up from $4.43. EVgo has shown a 31.78% revenue growth but struggles with profitability, as indicated by its negative net margin and ROE. Analysts have adjusted their ratings and price targets in response to market dynamics.
August 29, 2024 | 12:00 pm
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EVgo has received mixed analyst ratings, with a slight increase in the average price target to $4.44. The company shows strong revenue growth but faces profitability challenges, as indicated by its negative net margin and ROE.
The mixed analyst ratings and slight increase in price target suggest a neutral short-term impact on EVgo's stock price. The company's strong revenue growth is a positive indicator, but its profitability challenges, as shown by negative net margin and ROE, may offset this. The market may react cautiously, balancing growth prospects with financial challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100