From “NASDAQ”: 2024-05-10 10:40:11

The global electric vehicle (EV) market is on the rise, with a projected 17 million units to be sold in 2024, a 35% increase from the previous year. Evgo Inc., a player in the charging industry, reported a significant revenue jump in Q1, with plans to achieve EBITDA breakeven in 2025.

Despite some challenges and losses, Evgo is making strides in the EV charging market, with a strong revenue increase and plans to break even in 2025. The company’s growth potential has caught the attention of analysts, who see a significant upside in the stock’s price target of $5.05, representing a 153% increase from current levels.



Read more at “NASDAQ”: 1 EV Charging Stock With 153% Upside Potential