Cantor Fitzgerald Reaffirms Its Overweight Rating and $7.00 Price Target for EVgo, Inc. (EVGO)

EVgo, Inc. (NASDAQ:EVGO), is one of the 10 Most Promising Green Stocks According to Wall Street Analysts, supported by hedge fund interest and analyst-rated potential.

On September 15, 2025, citing faith in the company’s growing charging infrastructure and usage growth, Cantor Fitzgerald reaffirmed its Overweight rating and $7 price target for EVgo, Inc. (NASDAQ:EVGO). The confirmation came after EVgo, Pilot Company, and General Motors announced that their combined network now spans over 200 Pilot and Flying J stores in almost 40 states.

With a target of 2,000 chargers at 500 places, the partnership has installed about 850 fast-charging stalls since 2022, focusing on underserved rural areas and busy interstate corridors. These changes were brought to light soon after EVgo, Inc. (NASDAQ:EVGO)’s Q2 2025 earnings were released. The company’s sales of $98 million beat projections and increased 47% year over year, although its EPS of -$0.10 was marginally better than anticipated.

With services for drivers, OEMs, fleets, rideshare operators, and commercial clients, EVgo, Inc. (NASDAQ:EVGO) owns and runs a direct current fast-charging network for electric vehicles throughout the United States. It is one of the most promising stocks.

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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