EVgo Deploys Over 40% of Charging Stations This Year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2025
0mins
EVgo deployed more than 40% of its stations this year by leveraging domestically manufactured prefabricated modular skids. EVgo exceeded its goal before year-end, driven by a high rate of new station commissionings early in the fourth quarter. The Company's partnership with Miller Electric Company has led to accelerated station installation timelines and a decrease in station installation costs by an average of 15%. Prefabrication ensures consistent, high-quality assembly in a controlled environment by assembling all charging equipment onto a single base frame made from American steel and aluminum at Miller Electric's facility before shipment to the installation site. Since the partnership first launched in 2023, EVgo's expanded work with Miller Electric has supported local job creation. Miller Electric has scaled capacity at its prefabrication facility and employs more than 1,400 people in the Jacksonville area.
Discover Tomorrow's Bullish Stocks Today
Receive free daily stock recommendations and professional analysis to optimize your portfolio's potential.
Sign up now to unlock expert insights and stay one step ahead of the market trends.
Analyst Views on EVGO
Wall Street analysts forecast EVGO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVGO is 5.65 USD with a low forecast of 4.00 USD and a high forecast of 7.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 3.330
Low
4.00
Averages
5.65
High
7.50
Current: 3.330
Low
4.00
Averages
5.65
High
7.50
About EVGO
EVgo Inc. provides electric vehicle charging solutions. The Company owns and operates a public direct current fast charging network for electric vehicles in the United States. Its network of charging stations provides EV charging infrastructure to consumers and businesses. It partners with automotive original equipment manufacturers (OEMs), fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, gas stations, parking lot operators, governments and other organizations and property owners to locate and deploy its EV charging infrastructure. In addition to the provision of EV charging infrastructure, it is developing and deploying software-based, value-added services to drivers and partners.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
2025 Porsche Taycan 4S Cross Turismo Achieves 280-Mile Range
- Enhanced Range: The 2025 Porsche Taycan 4S Cross Turismo achieves a range of 280 miles, significantly improving from the previous generation's 220-230 miles, thereby enhancing the feasibility of long-distance travel and increasing consumer interest.
- Charging Network Integration: Porsche's partnership with Electrify America allows Taycan users to easily locate charging stations through an integrated navigation system, although some areas still face insufficient charging speeds, impacting user experience.
- Optimized Driving Experience: The new Taycan boasts nearly 600 horsepower and 523 lb-ft of torque, combined with Porsche's Active Ride system, ensuring a smooth ride across various terrains, which enhances brand image and attracts high-end consumers.
- Market Positioning Challenges: Despite offering exceptional performance and range, the starting price of around $130,000 may limit market acceptance, especially in the highly competitive electric vehicle sector.
Continue Reading
EVgo Appoints Keefer Lehner as CFO to Support 2025 Growth Goals
- Executive Transition: EVgo announced the appointment of Keefer Lehner as Chief Financial Officer effective January 12, 2026, succeeding retiring CFO Paul Dobson, ensuring financial stability as the company navigates the rapidly growing EV charging market.
- Experienced Leader: Lehner brings nearly 20 years of finance and operations experience, having served as CFO at KLX Energy Services where he successfully drove EBITDA growth and free cash flow generation, which is expected to support EVgo's strategic priorities.
- Financial Guidance Reaffirmed: EVgo reiterated its 2025 financial guidance, projecting total revenue between $350 million and $365 million, with potential ancillary revenue of up to $40 million, reflecting the company's confidence in future growth.
- Strategic Development: Lehner's appointment aligns with EVgo's nationwide charging infrastructure buildout plan, aimed at enhancing profitability and delivering long-term value through improved financial management.
Continue Reading