EVgo Inc (EVGO) Stock Analysis
Verdict: AVOID
EVgo's rapid revenue growth is undermined by high cash burn, $311M debt, and 14-month cash runway before further dilution.
Investment score: 35/100
Analysis as of
Is EVgo Inc stock worth reviewing? AI model thesis
The model classifies EVgo Inc as an AVOID. Despite strong top-line revenue growth of 30.7% and gross margin expansion to 19.3%, annual cash burn of -$124.4M leaves the company with approximately 14.5 months of cash runway unless additional debt or equity dilution occurs.
7-factor investment score
- Valuation: 35/100 (weight 20%)
- Financial Health: 25/100 (weight 15%)
- Technical Momentum: 30/100 (weight 15%)
- Earnings Quality: 40/100 (weight 15%)
- Insider Sentiment: 35/100 (weight 10%)
- Analyst Consensus: 60/100 (weight 10%)
- Risk-Adjusted Return: 30/100 (weight 15%)
EVgo Inc opportunities and risks
What speaks for EVGO
- Expanding retail footprint through 400+ stall Regency partnership
What speaks against EVGO
- Near-term equity dilution risk from limited cash runway
Peers and competitors
| Ticker | P/E | P/S | EV/EBITDA | Gross margin | Net margin | FCF yield |
|---|---|---|---|---|---|---|
| EVGO | n/a | 1.1x | n/a | 18.5% | -13.5% | -43.2% |
| AAP | 30.3x | 0.3x | 8.7x | 44.7% | 1.0% | 0.9% |
| SAH | 11.5x | 0.2x | 10.6x | 15.7% | 1.4% | -2.3% |
| APC | n/a | 1.6x | 67.0x | 2.8% | 0.3% | 0.2% |
| CWH | n/a | 0.1x | 7.9x | 28.7% | -1.6% | 13.8% |
| ARKO | 53.5x | 0.1x | 10.6x | 16.4% | 0.2% | 8.2% |
| Peer median | 11.5x | 0.2x | 10.6x | 16.4% | 0.3% | 0.9% |
Frequently asked questions about EVgo Inc (EVGO)
Is EVGO stock a good investment?
The cached TradeMates AI model rates EVgo Inc as AVOID with an investment score of 35/100. The model classifies EVgo Inc as an AVOID. Despite strong top-line revenue growth of 30.7% and gross margin expansion to 19.3%, annual cash burn of -$124.4M leaves the company with approximately 14.5 months of cash runway unless additional debt or equity dilution occurs. This is algorithmic model output, not personal investment advice.
Is EVGO stock a buy?
The TradeMates model verdict for EVGO is AVOID with an investment score of 35/100. Treat this as a model signal to review, not a personal buy recommendation.