EVGO Earnings

EVGO reported its earnings on 2026-05-05, showcasing a revenue of 109.53M against an estimate of 87.49M, resulting in a 25.19% surprise. The EPS was -0.12, surpassing the expected -0.14 by 14.29%. The stock experienced a -3.23% price change on the earnings day and a -9.22% change over the next five days, reflecting market reactions to the results.

Following EVGO's earnings announcement on 2026-05-05, the stock price moved by -3.23% on the day of the release. Over the subsequent five days, it saw a -9.22% change. Historically, EVGO's stock price tends to shift by an average of -1.61% in the 10 days leading up to earnings and -1.96% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate EVGO's annual revenue to reach 121.45M, while the EPS is projected at -0.06. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between EVGO's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, EVGO's stock price typically moves by -1.61% in the 10 days before its earnings and -1.96% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of -0.06 and revenue of 121.45M.

The earnings call reveals strong revenue growth, a significant increase in stall deployment, and robust long-term growth projections. Despite some concerns over lower throughput and margin contraction, the company's strategic plans, including NACS expansion and AV partnerships, are promising. The Q&A highlights management's confidence in overcoming short-term challenges and achieving long-term goals. The DOE loan amendment and AI-driven marketing strategies further bolster the outlook. Overall, the positive elements outweigh the negatives, suggesting a positive stock price movement in the short term.