Rating Change
Needham analysts reiterated a Hold rating on EVgo, Inc. (NASDAQ:EVGO) on August 05, 2026.
reiterateNASDAQ:EVGO
Needham Reiterates Hold Rating on EVgo, Inc. (EVGO)
Rating Change Needham analysts reiterated a Hold rating on EVgo, Inc. (NASDAQ:EVGO) on August 05, 2026. Market Context EVgo, Inc.
Market Context
EVgo, Inc. operates in the Consumer Cyclical sector. The stock currently trades at $1.53 with a market capitalization of $1.0B. The stock has declined 57.0% over the past 52 weeks.
Analyst coverage from Needham provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for EVgo, Inc..
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for EVgo, Inc.
Among the 10 most recent ratings: 7 Buy, 2 Hold, 1 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 05, 2026 | Needham | Hold | N/A |
| Jul 21, 2026 | JP Morgan | Underweight | N/A |
| May 06, 2026 | RBC Capital | Outperform | N/A |
| Mar 25, 2026 | JP Morgan | Neutral | N/A |
| Mar 09, 2026 | Evercore ISI Group | Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View EVGO Stock Page
Frequently Asked Questions
What does a Hold rating mean for EVGO?
A Hold rating from Needham reflects the analyst's outlook on EVgo, Inc. (NASDAQ:EVGO). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the EVGO forecast page.