What 14 Analyst Ratings Have To Say About EVgo
Portfolio Pulse from Benzinga Insights
EVgo (NASDAQ:EVGO) received mixed analyst ratings, with a majority being somewhat bullish. Analysts have set a 12-month average price target of $5.36, reflecting a 14.78% increase from the previous target. EVgo's recent financial performance shows a 31.78% revenue growth but challenges in profitability and returns.
October 09, 2024 | 5:00 pm
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POSITIVE IMPACT
EVgo has received a mix of bullish and somewhat bullish ratings from analysts, with an average 12-month price target of $5.36, up 14.78% from the previous target. The company shows strong revenue growth but faces challenges in profitability and returns.
The majority of analysts are somewhat bullish on EVgo, with a significant increase in the average price target, indicating positive sentiment. However, financial metrics like net margin and ROE suggest ongoing challenges, which may temper the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100