Recent Investment Analysts’ Ratings Updates for EVgo (EVGO)
by Michael Walen · The Markets DailyEVgo (NASDAQ: EVGO) recently received a number of ratings updates from brokerages and research firms:
- 8/10/2026 – EVgo was given a new $2.00 price target by Roth Capital.
- 8/6/2026 – EVgo was given a new $2.50 price target by Morgan Stanley.
- 8/6/2026 – EVgo had its price target lowered by Royal Bank Of Canada from $3.00 to $2.50. They now have an “outperform” rating on the stock.
- 8/6/2026 – EVgo had its price target lowered by Cantor Fitzgerald from $4.00 to $3.00. They now have an “overweight” rating on the stock.
- 8/5/2026 – EVgo had its “hold” rating reaffirmed by Needham & Company LLC.
- 7/21/2026 – EVgo had its “underweight” rating reaffirmed by JPMorgan Chase & Co..
- 7/15/2026 – EVgo had its “sell (e+)” rating reaffirmed by Weiss Ratings.
EVgo operates one of the largest public electric vehicle (EV) fast-charging networks in the United States, delivering direct current (DC) fast charging and Level 2 charging services to passenger vehicles and commercial fleets. The company’s charging stations are strategically located in urban centers, suburban shopping areas, workplace parking facilities, and along major highway corridors, enabling convenient access for EV drivers and promoting long-distance travel.
The company offers a suite of charging solutions, including subscription plans, pay-per-use options, and fleet charging services tailored to the needs of ride-hailing, delivery, and corporate vehicle fleets.