Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate EVgo, Inc. before investing.

In this article, we go over a few key elements for understanding EVgo, Inc.’s stock price such as:

• EVgo, Inc.’s current stock price and volume
• Why EVgo, Inc.’s stock price changed recently
• Upgrades and downgrades for EVGO from analysts
• EVGO’s stock price momentum as measured by its relative strength

About EVgo, Inc. (EVGO)

Before we jump into EVgo, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles in the United States. The company offers electricity directly to drivers; original equipment manufacturer charging and related services; and fleet and rideshare public charging services; and commercial charging. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare such as data, research, and advertising services and equipment procurement and operational services. EVgo, Inc. was incorporated in 2010 and is headquartered in Los Angeles, California.EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.

Want to learn more about EVgo, Inc.’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about EVgo, Inc..

EVgo, Inc.’s Stock Price as of Market Close

As of May 23, 2025, 12:46 PM, CST, EVgo, Inc.’s stock price was $3.900.

EVgo, Inc. is up 5.69% from its previous closing price of $3.690.

During the last market session, EVgo, Inc.’s stock traded between $3.620 and $3.910. Currently, there are approximately 131.79 million shares outstanding for EVgo, Inc..

EVgo, Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

EVgo, Inc. Stock Price History

EVgo, Inc.’s (EVGO) price is currently up 41.3% so far this month.

During the month of May, EVgo, Inc.’s stock price has reached a high of $4.170 and a low of $2.660.

Over the last year, EVgo, Inc. has hit prices as high as $9.070 and as low as $1.920. Year to date, EVgo, Inc.’s stock is down 3.7%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused EVgo, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 22, 2025, there were 0 analysts who downgraded EVgo, Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate EVgo, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on EVgo, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

EVgo, Inc.’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about EVgo, Inc. (EVGO) by visiting AAII Stock Evaluator.

Relative Price Strength of EVgo, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 22, 2025, EVgo, Inc. has a weighted four-quarter relative price strength of 28.02%, which translates to a Momentum Score of 96 and is considered to be Very Strong.

Want to learn more about how EVgo, Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

EVgo, Inc. Stock Price: Bottom Line

As of May 23, 2025, EVgo, Inc.’s stock price is $3.900, which is up 5.69% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like EVgo, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.