1. EVgo's Q3 2025 revenue rose 37% year-over-year to $92.3 million. 2. Loss of 9 cents per share aligned with analyst expectations. 3. JP Morgan maintains ‘Overweight’ rating but lowered price target from $7 to $6. 4. EVgo raised its 2025 sales outlook to $350-$405 million amid cost pressures. 5. Analyst predicts potential profitability in second half of fiscal 2026.
Despite near-term losses, EVgo's revenue growth and revised outlook provide stability, similar to historical recovery phases in growth sectors where initial losses gave way to profitability.
The combination of a strong revenue outlook and growth plans despite losses suggests potential for investor interest, although costs and market sentiment pose risks.
The company's focus on scaling operations and partnerships in the EV market suggests growth potential post-2026, echoing trends seen in previous EV expansions.