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EVgo, Inc. (NASDAQ:EVGO) is one of the

10 Stocks That Have the Potential to Rise 1000%.

On May 19, 2026, EVgo, Inc. (NASDAQ:EVGO) named Amber Scott chief accounting officer, effective May 18. Scott will oversee the company’s accounting, tax, compliance, and SEC reporting functions, reporting directly to CFO Keefer Lehner. Scott most recently served as VP of finance and principal accounting officer at Redwood Materials.

On May 5, 2026, EVgo, Inc. (NASDAQ:EVGO) reported Q1 revenue of $109.53M, above the consensus estimate of $88.06M. CEO Badar Khan said EVgo delivered a “strong start” to 2026, with record first-quarter revenue driven by network growth and disciplined execution. Khan also cited the amended DOE loan, NACS availability expansion, rideshare and site host partnerships, and next-generation charging infrastructure.

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EVgo backed its FY26 revenue outlook of $410M-$470M, compared to the consensus estimate of $435.79M. The company also backed its FY26 adjusted EBITDA outlook ranging from a loss of $20M to a gain of $20M, and said Q1 and Q4 2026 are expected to be the strongest quarters of the year for non-charging revenue.

EVgo, Inc. (NASDAQ:EVGO) owns and operates a direct current fast charging network for electric vehicles in the United States.

While we acknowledge the potential of EVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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