EVgo, Inc. (EVGO) has a MoatMap StockRank of 4/100 based on Quality (20/100), Value (51/100), and Momentum (9/100) factor scores. The current signal is STRONG SELL. EVgo operates in a highly capital-intensive industry with low barriers to entry and minimal customer switching costs, failing both the Terry Smith quality and Warren Buffett moat criteria. Despite the secular shift to EVs, the business model lacks pricing power and relies heavily on external capital to fund network expansion, offering no asymmetric upside.
EVgo, Inc. owns and operates the largest public fast-charging network for electric vehicles in the United States, powered by 100% renewable energy. The company's competitive moat is built on prime, high-traffic retail locations secured through long-term partnerships and its proprietary charging infrastructure. It stands as a market leader in the EV charging space, catering to individual drivers, commercial fleets, and rideshare operators.
| Price | $1.92 |
| Market Cap | $678M |
| P/E (Forward) | -7.55 |
| Price/Book | -2.89 |
| Return on Equity | -27.4% |
| Return on Invested Capital | -11.4% |
| Debt/Equity | 91.44 |
| Gross Margin | 38.7% |
| Operating Margin | -29.8% |
| Revenue Growth | 45.5% |
| Free Cash Flow | $-114M |
EVgo, Inc. operates in the Specialty Retail industry, part of the Consumer Cyclical sector (United States).